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Todmorden Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2013. The principal officer is % Rodney A Lambert. It holds total assets of $23.2M. Annual income is reported at $1.5M. THE PRIMARY PURPOSE OF TODMORDEN IS TO PROVIDE LOW-INCOME HOUSING TO QUALIFIED RESIDENTS IN THE CITY OF WILMINGTON. LOW-INCOME THRESHHOLDS ARE ESTABLISHED ACCORDING TO DSHA GUIDELINES. WE CURRENTLY SERVE 221 INDIVIDUALS AND FAMILIES WHOSE INCOME FALLS BETWEEN 30% AND 60% OF THE AREA MEDIAN INCOME BY PROVIDING ONE-TO-THREE-BEDROOM RENTAL UNITS, ALL OF WHICH FALL WITHIN THE AFFORDABLE HOUSING CRITERIA. IN ADDITION, THE TODMORDEN FOUNDATION OWNS THE TODMORDEN EAST FOUNDATION, LLC. THE TODMORDEN EAST FOUNDATION FOCUSES ON THE DEVELOPMENT OR THE REDEVELOPMENT OF HOUSING IN THE EAST SIDE OF WILMINGTON. According to available records, Todmorden Foundation has made 2 grants totaling $22K, with a median grant of $11K. Annual giving has decreased from $21K in 2020 to $1K in 2022. Individual grants have ranged from $1K to $21K, with an average award of $11K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Delaware and Pennsylvania. Contributions to this foundation are tax-deductible.
THE PRIMARY PURPOSE OF TODMORDEN IS TO PROVIDE LOW-INCOME HOUSING TO QUALIFIED RESIDENTS IN THE CITY OF WILMINGTON. LOW-INCOME THRESHHOLDS ARE ESTABLISHED ACCORDING TO DSHA GUIDELINES. WE CURRENTLY SERVE 221 INDIVIDUALS AND FAMILIES WHOSE INCOME FALLS BETWEEN 30% AND 60% OF THE AREA MEDIAN INCOME BY PROVIDING ONE-TO-THREE-BEDROOM RENTAL UNITS, ALL OF WHICH FALL WITHIN THE AFFORDABLE HOUSING CRITERIA. IN ADDITION, THE TODMORDEN FOUNDATION OWNS THE TODMORDEN EAST FOUNDATION, LLC. THE TODMORDEN EAST FOUNDATION FOCUSES ON THE DEVELOPMENT OR THE REDEVELOPMENT OF HOUSING IN THE EAST SIDE OF WILMINGTON.
Expenses: $1K
THE PRIMARY PURPOSE OF TODMORDEN IS TO PROVIDE LOW-INCOME HOUSING TO QUALIFIED RESIDENTS IN THE CITY OF WILMINGTON. LOW-INCOME THRESHHOLDS ARE ESTABLISHED ACCORDING TO DSHA GUIDELINES. WE CURRENTLY SERVE 221 INDIVIDUALS AND FAMILIES WHOSE INCOME FALLS BETWEEN 30% AND 60% OF THE AREA MEDIAN INCOME BY PROVIDING ONE-TO-THREE-BEDROOM RENTAL UNITS, ALL OF WHICH FALL WITHIN THE AFFORDABLE HOUSING CRITERIA. IN ADDITION, THE TODMORDEN FOUNDATION OWNS THE TODMORDEN EAST FOUNDATION, LLC. THE TODMORDEN EAST FOUNDATION FOCUSES ON THE DEVELOPMENT OR THE REDEVELOPMENT OF HOUSING IN THE EAST SIDE OF WILMINGTON. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in DE, PA.
Todmorden Foundation has distributed a total of $22K across 2 grants. The median grant size is $11K, with an average of $11K. Individual grants have ranged from $1K to $21K.
Todmorden Foundation typically selects its grantees rather than accepting unsolicited proposals.
Todmorden Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas White | FINANCE CHAIR | $0 | $0 | $0 |
| Wali Rushdan | TRUSTEE | $0 | $0 | $0 |
| Richard Przywara | PRESIDENT & CEO | $0 | $0 | $0 |
| Donna Gooden | VICE PRESIDENT | $0 | $0 | $0 |
| Sean Collins | ASSISTANT TREASURER | $0 | $0 | $0 |
Total Giving
$545K
Total Assets
$23.2M
Fair Market Value
$23.2M
Net Worth
$19.8M
Grants Paid
$600
Contributions
$1.4M
Net Investment Income
$3K
Distribution Amount
$0
Total: $0
Total Grants
2
Total Giving
$22K
Average Grant
$11K
Median Grant
$11K
Unique Recipients
2
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple UniversityDESIGN WORK | Philadelphia, PA | $1K | 2022 |
| Flats Phase I LpFLATS PHASE I DEVELOPMENT PROJECT | Wilmington, DE | $21K | 2020 |
Other foundations that have funded Todmorden Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Rockford Woodlawn Fund Inc. | $874K | 2023 | AFORDABLE HOUSING REDEVELOPMENTS |
| Nathan M Clark Foundation | $250K | 2023 | AFFORDABLE HOUSING FOR |
| Welfare Foundation Inc. | $200K | 2023 | GRANT |
| Laffey-Mchugh Foundation | $30K | 2023 | PROJECT SUPPORT |
| Roger And Sarah Bancroft Clark Private Foundation |
| Latonia Talley |
| ASSISTANT SECRETARY |
| $0 |
| $0 |
| $0 |
| Cassandra Marshall | TRUSTEE | $0 | $0 | $0 |
| Curtis Harkin | TRUSTEE | $0 | $0 | $0 |
| David Ripsom | TRUSTEE | $0 | $0 | $0 |
| Earl Jeter | TRUSTEE | $0 | $0 | $0 |
| Gladys Spikes | TRUSTEE | $0 | $0 | $0 |
| Jane Vincent | AUDIT CHAIR | $0 | $0 | $0 |
| Jeanmarie Desmond | TRUSTEE | $0 | $0 | $0 |
| Jeff Chapin | TRUSTEE | $0 | $0 | $0 |
| John Hundley | PROPERTY CHAIR | $0 | $0 | $0 |
| Matt Lynch | CHAIR | $0 | $0 | $0 |
| Sheldon Sandler | VICE CHAIR/NAG CHAIR | $0 | $0 | $0 |
| Susan Frank | TRUSTEE | $0 | $0 | $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $13K |
| 2023 |
| GENERAL SUPPORT |
| Rockford Woodlawn Fund Inc. | $973K | 2022 | AFFORDABLE HOUSING REDEVELOPMENT |
| Rockford Woodlawn Fund Inc. | $973K | 2022 | AFFORDABLE HOUSING REDEVELOPMENT |
| Nathan M Clark Foundation | $250K | 2022 | AFFORDABLE HOUSING FOR |
| Nathan M Clark Foundation | $250K | 2022 | AFFORDABLE HOUSING FOR |
| Rockford Woodlawn Fund Inc. | $944K | 2021 | AFFORDABLE HOUSING REDEVELOPMENT |
| Nathan M Clark Foundation | $160K | 2021 | GENERAL CHARITABLE PURPOSES |
| Laffey-Mchugh Foundation | $25K | 2020 | FLATS PHASE IV |
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