//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $9K in 2011 to $23.2M in 2023. The foundation is governed by 18 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. 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 |
|---|---|---|---|---|
| Curtis Harkin | TRUSTEE | $0 | $0 | N/A |
| David Ripsom | TRUSTEE | $0 | $0 | N/A |
| Wali Rushdan | TRUSTEE | $0 | $0 | N/A |
| Thomas White | FINANCE CHAIR | $0 | $0 | N/A |
| Susan Frank | TRUSTEE | $0 | $0 | N/A |
| Sheldon Sandler | VICE CHAIR/NAG CHAIR | $0 | $0 | N/A |
| Matt Lynch | CHAIR | $0 | $0 | N/A |
| John Hundley | PROPERTY CHAIR | $0 | $0 | N/A |
| Jeff Chapin | TRUSTEE | $0 | $0 | N/A |
| Jeanmarie Desmond | TRUSTEE | $0 | $0 | N/A |
| Jane Vincent | AUDIT CHAIR | $0 | $0 | N/A |
| Gladys Spikes | TRUSTEE | $0 | $0 | N/A |
| Earl Jeter | TRUSTEE | $0 | $0 | N/A |
| Richard Przywara | PRESIDENT & CEO | $0 | $0 | N/A |
| Donna Gooden | VICE PRESIDENT | $0 | $0 | N/A |
| Sean Collins | ASSISTANT TREASURER | $0 | $0 | N/A |
| Latonia Talley | ASSISTANT SECRETARY | $0 | $0 | N/A |
| Cassandra Marshall | TRUSTEE | $0 | $0 | N/A |
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
N/A
Total: N/A
Total Grants
2
Total Giving
$22K
Average Grant
$11K
Median Grant
$11K
Unique Recipients
2
Most Common Grant
$21K
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 |