Delaware Atlantis Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2010. The principal officer is % C P Townsend Iii. It holds total assets of $210.9M. Annual income is reported at $259.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Delaware Atlantis Foundation has made 16 grants totaling $3M, with a median grant of $158K. The foundation has distributed between $913K and $1.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 8 grants. Individual grants have ranged from $10K to $626K, with an average award of $188K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Delaware. Contributions to this foundation are tax-deductible.
Delaware Atlantis Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in DE.
Delaware Atlantis Foundation has distributed a total of $3M across 16 grants. The median grant size is $158K, with an average of $188K. Individual grants have ranged from $10K to $626K.
Delaware Atlantis Foundation typically selects its grantees rather than accepting unsolicited proposals.
Delaware Atlantis Foundation is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles P Townsend Iii | TRUSTEE | $100K | $0 | $100K |
Total Giving
$2.3M
Total Assets
$152.8M
Fair Market Value
N/A
Net Worth
$152.8M
Grants Paid
N/A
Contributions
$127.8M
Net Investment Income
$18.4M
Distribution Amount
$6M
Total Grants
16
Total Giving
$3M
Average Grant
$188K
Median Grant
$158K
Unique Recipients
8
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of DelawareVEHICLES, UPGRADES, LAB | Newark, DE | $333K | 2023 |
| Delaware Community FoundationATLANTIS FUND | Wilmington, DE | $305K | 2023 |
| Beebe Medical FoundationSUSSEX SUPPORTS BEEBE | Lewes, DE | $275K | 2023 |
| Delaware Botanic GardensUNRESTRICTED GENERAL | Ocean View, DE | $50K | 2023 |
| The Nemours Children'S HospitalNCCW - MILFORD CLINICAL | Wilmington, DE | $50K | 2023 |
| Delaware Academy Of MedicineUNRESTRICTED GENERAL | Newark, DE | $158K | 2022 |
| Children'S Beach HouseUNRESTRICTED GENERAL | Wilmington, DE | $35K | 2022 |
| Sussex County Habitat For HumanityUNRESTRICTED GENERAL | Georgetown, DE | $10K | 2022 |
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