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Stratus Foundation is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. It holds total assets of $15M. Annual income is reported at $1.7M. Total assets have grown from $11.3M in 2011 to $15M in 2024. The foundation is governed by 1 officer or trustee. Tax records are available from 2015 to 2024. Funding is distributed across 7 states, including Delaware, Rhode Island, Pennsylvania. According to available records, Stratus Foundation has made 28 grants totaling $2.4M, with a median grant of $10K. Annual giving has grown from $534K in 2021 to $1.8M in 2022. Individual grants have ranged from $3K to $1.6M, with an average award of $85K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Delaware, Pennsylvania, North Carolina, which account for 68% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Stratus Foundation is a private grantmaking foundation based in Wilmington, Delaware, with total assets of approximately $15.0 million. Led by President Regis De Ramel, the foundation accepts applications from organizations operated for religious, charitable, scientific, literary, or educational purposes under IRC Section 501(c)(3).
The foundation prioritizes three primary areas: education, human services, and community health. Its geographic focus spans the Mid-Atlantic region, with primary giving in Delaware, Rhode Island, and Pennsylvania, and occasional grants to Connecticut, Maryland, Massachusetts, and New York.
The foundation does not appear to maintain an open application portal or publicly listed grant opportunities. Prospective grantees should research past recipients through 990-PF filings and pursue relationship-building with the foundation's leadership.
Stratus Foundation has been a consistent grantmaker since 2009, distributing between 10 and 25 grants annually. Key financial and grantmaking data:
2024 Filing: - Total Assets: $15,020,661 - Total Giving: $427,433 - Number of Awards: 24 - Grant Range: $500 - $1,573,713
Historical Grant Activity: - 2024: 24 awards - 2023: 17 awards ($346,833) - 2022: 18 awards - 2021: 10 awards - 2020: 12 awards - 2019: $800,500 in grants distributed - 2018: $785,575 in grants distributed
The foundation's grant distribution has varied significantly year to year, ranging from roughly $350K to $800K annually in recent years. The wide grant range ($500 to $1.57M) suggests the foundation makes both small seed grants and occasional large anchor investments. The average grant is approximately $17,800 based on 2024 data (excluding the largest outlier).
The following table compares Stratus Foundation with similarly-sized private foundations in Delaware:
| Foundation | Assets | State | Focus Area |
|---|---|---|---|
| Stratus Foundation | $15,020,661 | DE | Philanthropy & Grantmaking |
| The Vasant And Prabha Rathi Foundation | $14,916,196 | DE | Philanthropy & Grantmaking |
| The Valour Foundation | $14,882,082 | DE | Philanthropy & Grantmaking |
| Eutopia Foundation | $15,166,443 | DE | Philanthropy & Grantmaking |
| Dr Joseph L Warnell Charitable Trust | $14,856,249 | DE | Philanthropy & Grantmaking |
Stratus Foundation operates within a cluster of mid-sized Delaware-domiciled private foundations, all in the $14.8M-$15.2M asset range. Delaware is a popular domicile for foundations due to its favorable legal framework, though many of these foundations direct grants regionally or nationally. Stratus distinguishes itself with its multi-state geographic focus across the Mid-Atlantic region and its emphasis on education and human services.
In 2024, Stratus Foundation distributed $427,433 across 24 awards, an increase in the number of grants from the prior year (17 in 2023). The foundation's total assets grew from approximately $11.2 million in 2019 to $15.0 million in 2024, reflecting strong asset growth of approximately 34% over five years.
The foundation's revenue has fluctuated over the years, with 2019 seeing $814,299 in revenues against $903,186 in expenses. The 2024 grant total of $427,433 is lower than the 2019 peak of $800,500 but the increased number of awards (24 vs. 12 in 2020) suggests a strategy of making more grants at smaller average sizes.
The foundation maintains its focus on education, human services, and community health, primarily in Delaware, Rhode Island, and Pennsylvania. Its website (stratusfoundation.org) exists but is largely JavaScript-rendered with limited accessible content about programs or application procedures.
For Prospective Grantees:
1. No open application portal: The foundation does not appear to maintain publicly listed grant opportunities or an online application system. Approach through networking and relationship-building.
2. Research 990-PF filings: Review the foundation's IRS Form 990-PF on ProPublica Nonprofit Explorer (EIN: 26-6190250) or Instrumentl to identify past grantees, giving patterns, and the types of organizations funded.
3. Focus alignment matters: Education, human services, and community health are the priority areas. Organizations outside these sectors are unlikely to receive funding.
4. Geographic fit: Primary giving is in Delaware, Rhode Island, and Pennsylvania. Organizations in these states are best positioned, though grants occasionally go to other Mid-Atlantic states.
5. Grant sizes vary widely: Grants range from $500 to over $1.5M, with most falling in the sub-$50K range. Be realistic about expected funding levels.
6. Foundation address: 2207 Old Kennett Road, Wilmington, DE 19807. President: Regis De Ramel.
7. Timing: The foundation makes 10-25 grants per year. There is no publicly stated application deadline or funding cycle.
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The foundation accepts applications from organizations operated for religious, charitable, scientific, literary or educational purposed as provided in irc sec 501(c)(3).
Stratus Foundation has been a consistent grantmaker since 2009, distributing between 10 and 25 grants annually. Key financial and grantmaking data: 2024 Filing: - Total Assets: $15,020,661 - Total Giving: $427,433 - Number of Awards: 24 - Grant Range: $500 - $1,573,713.
Stratus Foundation has distributed a total of $2.4M across 28 grants. The median grant size is $10K, with an average of $85K. Individual grants have ranged from $3K to $1.6M.
Stratus Foundation is a private grantmaking foundation based in Wilmington, Delaware, with total assets of approximately $15.0 million. Led by President Regis De Ramel, the foundation accepts applications from organizations operated for religious, charitable, scientific, literary, or educational purposes under IRC Section 501(c)(3). The foundation prioritizes three primary areas: education, human services, and community health. Its geographic focus spans the Mid-Atlantic region, with primary giv.
Stratus Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regis De Ramel | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$15M
Fair Market Value
N/A
Net Worth
$14.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
28
Total Giving
$2.4M
Average Grant
$85K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fly Gateway Aviation InstitueGENERAL | New Castle, DE | $1.6M | 2022 |
| Tower Hill SchoolGENERAL | Wilmington, DE | $50K | 2022 |
| Operation WarmGENERAL | Glen Mills, PA | $35K | 2022 |
| Faithful Friends Animal SocietyGENERAL | Wilmington, DE | $33K | 2022 |
| Chop FoundationGENERAL | Philadelphia, PA | $25K | 2022 |
| Be Philly FoundationGENERAL | Philadelphia, PA | $20K | 2022 |
| Unc Chapel HillGENERAL | Chapel Hill, NC | $20K | 2022 |
| Project VeritasGENERAL | Mamaroneck, NY | $10K | 2022 |
| St Andrews SchoolGENERAL | Middletown, DE | $10K | 2022 |
| Srba Historic FoundationGENERAL | Wilmington, DE | $10K | 2022 |
| Willowdale SteeplechaseGENERAL | Kennett Square, PA | $10K | 2022 |
| North County School & Camp TreetopsGENERAL | Lake Placid, NY | $10K | 2022 |
| Fuel- Foundation For Underway Experiential LearningGENERAL | Vineyard Haven, MA | $10K | 2022 |
| Do More 24 DelawareGENERAL | Wilmington, DE | $5K | 2022 |
| Cheshire Point To PointGENERAL | Cheshire, CT | $5K | 2022 |
| Newport Film FestivalGENERAL | Newport, RI | $5K | 2022 |
| Delaware Museum Of Natural HistoryGENERAL | Wilmington, DE | $5K | 2022 |
| Hagley MuseumGENERAL | Wilmington, DE | $3K | 2022 |
| Washington CollegeGENERAL | Chestertown, MD | $20K | 2021 |
| Youth Mentoring PartnershipGENERAL | Exton, PA | $5K | 2021 |
| Prevent Child Abuse DelawareGENERAL | Wilmington, DE | $5K | 2021 |