Velma F Dulancy Foundation

Organization Overview

Velma F Dulancy Foundation is located in Wilmington, DE. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Velma F Dulancy 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 12/2022, Velma F Dulancy Foundation generated $43.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (62.3%) each year. All expenses for the organization totaled $150.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2,070
Dividends & Interest $35,822
Net Rental Income$0
Net Gain on Sale of Assets $5,444
Capital Gain Net Income $5,444
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $43,336

Grants Awarded

Over the last fiscal year, Velma F Dulancy Foundation has awarded $111,000 in support to 4 organizations.

Grant RecipientAmount

LOVABLE SERVICES INC

PURPOSE: GENERAL & UNRESTRICTED

$51,000

OPERA ROANOKE

PURPOSE: GENERAL & UNRESTRICTED

$15,000

ST VINCENTS HOME

PURPOSE: GENERAL & UNRESTRICTED

$25,000

ONE VALLEY INC

PURPOSE: GENERAL & UNRESTRICTED

$20,000
View Grant Profile

Peer Organizations

Organization NameAssets
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Hanover, MD
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Maguire Foundation
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Mabel Pew Myrin Trust
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$54,766,872
Walder Family Foundation
Wilmington, DE
$4,224,649
Neubauer Family Foundation
Philadelphia, PA
$48,903,279
Sweet Water Tr
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$2,914
J N Pew Jr Charitable Trust
Philadelphia, PA
$42,583,436
The Grateful Lives Foundation
Wilmington, DE
$44,773,840
2-4-3 Foundation
Wilmington, DE
-$603,784
Young Mens Christian Association Of The Chesapeake Inc
Easton, MD
$23,391,528
Morgridge Family Foundation
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$45,209,679
GDS Legacy Foundation Inc
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$575,846
Highmark Foundation
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$5,969,409
Lisa Dean Moseley Foundation
Rockland, DE
$7,206,561
Hamilton Family Charitable Trust
Wayne, PA
$49,505,637
Bern Schwartz Family Foundation
Wilmington, DE
-$438,612
Seed The Dream Foundation
Gladwyne, PA
$2,461,342
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee
Montchanin, DE
$5,591,943
De Beaumont Foundation Inc
Bethesda, MD
$10,438,308
Three Sisters Foundation
Wilmington, DE
$12,919,392
Zs & M Wilf Foundation Inc
Short Hills, NJ
$5,128,523
Eugene B Casey Foundation
Rockville, MD
$79,367,213
Zachary Smith Reynolds Trust
Pittsburgh, PA
$8,232,510

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