Delaware Bar Foundation
- Assets
- $3.1m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 1
- Location
- Wilmington, DE
- Founding
- 05/1984
- Data as of
- 06/2022
- EIN
- 51-0259923
Organization Overview
Delaware Bar Foundation is located in Wilmington, DE. The organization was established in 1984. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Bar Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Delaware Bar Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Delaware Bar Foundation has awarded 73 individual grants totaling $15,925,107. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DELAWARE BAR FOUNDATION'S MISSION IS IMPROVING THE ADMINISTRATION OF JUSTICE IN DELAWARE BY: - PROVIDING FUNDING FOR LEGAL SERVICES FOR THE POOR - PROMOTING STUDY AND RESEARCH IN THE FIELD OF LAW - FOSTERING KNOWLEDGE OF CITIZENSHIP RIGHTS AND RESPONSIBILITIES - ENHANCING PUBLIC RESPECT FOR THE RULE OF LAW
Describe the Organization's Program Activity:
Part 3 - Line 4a
IOLTA: PROMOTE AND ASSIST THE JUDICIAL SYSTEM BY PROVIDING GRANTS TO ORGANIZATIONS DEDICATED TO IMPROVING THE ADMINISTRATION OF JUSTICE.
PROMOTE AND ASSIST THE JUDICIAL SYSTEM BY PROVIDING GRANTS TO ORGANIZATIONS DEDICATED TO IMPROVING THE ADMINISTRATION OF JUSTICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Greenberg Executive Di | Officer | 25 | $46,200 |
Kelly E Farnan President | OfficerTrustee | 2 | $0 |
Denise Nordheimer President El | OfficerTrustee | 2 | $0 |
Bonnie W David Director | OfficerTrustee | 2 | $0 |
Hon Laurie Selber Silverstein Director | OfficerTrustee | 2 | $0 |
Clarissa R Chenoweth Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,867 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $600,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,127 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $661,994 |
| Total Program Service Revenue | $980,904 |
| Investment income | $12,954 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,642 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,588,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,656,047 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,058 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,002 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,247 |
| All other expenses | $1,677 |
| Total functional expenses | $1,790,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,714,851 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $374,884 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,089,735 |
| Accounts payable and accrued expenses | $9,145 |
| Grants payable | $0 |
| Deferred revenue | $600 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,745 |
| Net assets without donor restrictions | $337,655 |
| Net assets with donor restrictions | $2,742,335 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,089,735 |
Grants Awarded
Over the last fiscal year, Delaware Bar Foundation has awarded $1,637,547 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Wilmington, DE PURPOSE: LEGAL AID | $450,000 |
Wilmington, DE PURPOSE: LEGAL AID | $300,000 |
Wilmington, DE PURPOSE: LEGAL AID | $279,000 |
Wilmington, DE PURPOSE: LEGAL AID | $250,000 |
Wilmington, DE PURPOSE: LEGAL AID | $180,000 |
Wilmington, DE PURPOSE: LEGAL AID | $160,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Delaware Bar Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $446,791 |
| Earnings | -$62,195 |
| Admin Expense | $4,963 |
| Net Contributions | $250 |
| Other Expense | $5,000 |
| Ending Balance | $374,883 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westminster Ingleside King Farm Presbyterian Retirement Communitie Rockville, MD | $1,817,966 | $10,825,775 |
Delaware Bar Foundation Wilmington, DE | $3,089,735 | $1,588,325 |
Garden State Law Enforcement Officers Association Tennent, NJ | $465,844 | $988,411 |
Baltimore Bar Foundation Inc Baltimore, MD | $480,206 | $416,293 |
Fork Over Love Kingston, PA | $271,211 | $441,372 |
Hudson County Bar Foundation Jersey City, NJ | $1,402,387 | $197,193 |
Baltimore County Police Foundation Inc Baltimore, MD | $578,289 | $126,816 |
Police Unity Tour Chapter 18 Inc Roseland, NJ | $12,386 | $0 |
Margaret E Johnson Annuity Tr No 22301-0 Pittsburgh, PA | $1,643,194 | $16,325 |
Middlesex County Bar Foundation Tr New Brunswick, NJ | $2,501,315 | $141,750 |
Shortest Line Inc Pittsburgh, PA | $40,859 | $0 |
Guardian Knights Motorcycle Club Middletown, PA | $49,144 | $0 |