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WILMINGTON, DE

Aurora Foundation

Quick Facts

EIN
367634806
Location
WILMINGTON, DE
Category
Philanthropy & Grantmaking
Total Assets
$674.3M
Annual Income
$250.3M
IRS Ruling Year
2015
Organization Type
Trust
Principal Officer
% Rbc Trust Company
Tax Deductibility
Contributions are deductible

About This Foundation

Aurora Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2015. The principal officer is % Rbc Trust Company. It holds total assets of $674.3M. Annual income is reported at $250.3M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$39.6M

2023-29%

Total Assets

$553.4M

2023-11%

Fair Market Value

$663.1M

2023

Net Worth

$553.4M

2023

Grants Paid

$37.8M

2023

Contributions

$0

2023

Net Investment Income

$10.6M

2023

Distribution Amount

$32.5M

2023

Total Giving by Year

$24.2M
14
$23M
15
$30.9M
19
$22.8M
20
$40.7M
21
$55.6M
22
$39.6M
23

Asset Growth

$416.7M
14
$465.9M
15
$648.5M
19
$674M
20
$762.2M
21
$621.8M
22
$553.4M
23

Investment Portfolio (2023)

Total: $415.4M

Corporate Stock: $241.5M
Corporate Bonds: $84.1M
Government Obligations: $89.8M
Other Investments: $125.9M
Cash: $692K
Corporate Stock (45%)
Corporate Bonds (16%)
Government Obligations (17%)
Other Investments (23%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$37.8M
Officer Compensation$97K
Accounting Fees$54K

Revenue Sources (2023)

Dividends
$6.3M
Capital Gains (Net)
$3.5M
Interest
$2.4M

Financial Details (2023)

Total Revenue
$12.2M
Total Expenses
$39.6M
Exempt Purpose Expenses
$37.8M
Required Distribution
$32.5M
Undistributed Income
$0
Total Liabilities
$1
Excise Tax
$147K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

14

Total Giving

$52.4M

Average Grant

$3.7M

Median Grant

$2.5M

Grant Range

Min$2.2M
Max$12.7M
Median: $2.5M
Smallest grantLargest grant

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
MA: $52.4M (14)
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
MA$52.4M (14)

Past Grantees

RecipientLocationAmountYear
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes. See Statement A for Additional Detail of Security Distributions.Boston, MA$12.7M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$4M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$3M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$3M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.5M2022
Fidelity Investments Charitable Gift FundTo further religious, scientific, literary and educational purposes.Boston, MA$2.2M2022

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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