DELAWARE COMMUNITY FOUNDATION INC

EIN: 222804785 501(c)(3) Philanthropy & Grantmaking

WILMINGTON, DE

Total Revenue
$58,240,621
Total Expenses
$28,657,661
Total Assets
$392,486,239
Net Assets
$342,668,237
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
DE
Principal Officer
JOHN STUART COMSTOCK-GAY
Phone
3025718004
Tax Period
2024-07-01 to 2025-06-30

DELAWARE COMMUNITY FOUNDATION INC, founded in 1986, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $58.2M in total revenue in fiscal year 2024. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29.6M, a strong 51% operating margin.

Mission

OUR MISSION IS TO STRENGTHEN DELAWARE BY MAXIMIZING COMMUNITY-BASED PHILANTHROPY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $31,051,680
Program Service Revenue $1,219,784
Investment Income $25,320,672
Other Revenue $648,485
TOTAL REVENUE $58,240,621

Expense Breakdown

Grants Paid $21,498,402
Salaries & Benefits $3,100,686
Fundraising Expenses $1,398,626
Program Expenses $23,769,364
Other Expenses $3,768,513
TOTAL EXPENSES $28,657,661

Year-over-Year Comparison

2024 2023 Change
Revenue $58,240,621 $32,192,970 +0.8%
Expenses $28,657,661 $53,849,728 -0.5%
Net Income $29,582,960 $-21,656,758 -2.4%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
45
Volunteers
85

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✓ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$393,573
Total Directors
22
$0
Key Employees
2
$382,089
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY R ALTSCHULER ESQ BOARD MEMBER 2.00
Director
$0 $0 $0
DREW N FENNELL CHAIRPERSON 2.00
Officer Director
$0 $0 $0
KELLY E FIRMENT BOARD MEMBER 2.00
Officer Director
$0 $0 $0
LOSSIE FREEMAN BOARD MEMBER 2.00
Director
$0 $0 $0
CHANTA HOWARD-WILKINSON VICE CHAIRPERSON 2.00
Officer Director
$0 $0 $0
PETER S KENNEDY TREASURER 2.00
Officer Director
$0 $0 $0
HON TAMIKA MONTGOMERY-REEVES BOARD MEMBER 2.00
Director
$0 $0 $0
LOUISA PHILLIPS BOARD MEMBER 2.00
Director
$0 $0 $0
VITA PICKRUM ED D CFRE BOARD MEMBER 2.00
Director
$0 $0 $0
HON GREGORY M SLEET RET BOARD MEMBER 2.00
Director
$0 $0 $0
CINDY L SZABO ESQ CORP. SECRETARY 2.00
Officer Director
$0 $0 $0
MICHELLE A TAYLOR BOARD MEMBER 2.00
Director
$0 $0 $0
MARIA LOPEZ WAITE BOARD MEMBER 2.00
Director
$0 $0 $0
DAN CRUCE JR BOARD MEMBER 2.00
Director
$0 $0 $0
FRANCES GAUTHIER BOARD MEMBER 2.00
Director
$0 $0 $0
MARIAH CALAGIONE BOARD MEMBER 2.00
Director
$0 $0 $0
LYNN EVANS BOARD MEMBER 2.00
Director
$0 $0 $0
CHRISSI RAWAK BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES ELSON BOARD MEMBER 2.00
Director
$0 $0 $0
MOLLY GIORDANO BOARD MEMBER 2.00
Director
$0 $0 $0
ALONA BERRY BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES POSNECKER BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN STUART COMSTOCK-GAY PRESIDENT & CEO 35.00
Officer
$322,078 $71,495 $393,573
SARAH HENCH EXECUTIVE VP STRATEGIC ENG 35.00
Key Emp
$158,750 $31,427 $190,177
JOYCE DARLING VP FINANCE AND ADMINISTRAT 35.00
Key Emp
$150,500 $41,412 $191,912
ROBERTA TARPLEY RAFFISH VP COMM. & MKTG 35.00
Highest
$116,786 $47,008 $163,794
EVO DIPAOLO VP PHILANTHROPIC SERVICES 35.00
Highest
$121,042 $36,374 $157,416
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $58,240,621 $28,657,661 $392,486,239 $29,582,960
2024 $32,192,970 $53,849,728 $346,147,169 $-21,656,758
2023 $37,470,416 $36,088,293 $347,152,846 $1,382,123
2022 $55,764,041 $32,730,372 $330,206,079 $23,033,669
2021 $92,895,086 $31,930,496 $375,445,649 $60,964,590
2020 $31,608,059 $28,267,148 $260,412,728 $3,340,911
2019 $29,595,543 $19,297,217 $260,631,720 $10,298,326
Explore More Nonprofits
→Top 100 Nonprofits in Delaware →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DELAWARE COMMUNITY FOUNDATION INC with other nonprofits in Delaware and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.