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Velma F Dulancy Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is % Foundation Source. It holds total assets of $1.9M. Annual income is reported at $506K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Velma F Dulancy Foundation has made 17 grants totaling $370K, with a median grant of $20K. Annual giving has grown from $50K in 2020 to $98K in 2023. Grantmaking activity was highest in 2022 with $222K distributed across 8 grants. Individual grants have ranged from $5K to $51K, with an average award of $22K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Virginia and Idaho. Contributions to this foundation are tax-deductible.
Velma F Dulancy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in VA, ID.
Velma F Dulancy Foundation has distributed a total of $370K across 17 grants. The median grant size is $20K, with an average of $22K. Individual grants have ranged from $5K to $51K.
Velma F Dulancy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Velma F Dulancy Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher Desimone | Dir, Pres, Sec, Treas | $0 | $0 | $0 |
Total Giving
$135K
Total Assets
$1.9M
Fair Market Value
$2.3M
Net Worth
$1.9M
Grants Paid
$98K
Contributions
$0
Net Investment Income
$138K
Distribution Amount
$108K
Total Grants
17
Total Giving
$370K
Average Grant
$22K
Median Grant
$20K
Unique Recipients
11
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lovable Services IncGeneral & Unrestricted | Roanoke, VA | $28K | 2023 |
| Childrens Trust Foundation Roanoke Valley IncGeneral & Unrestricted | Roanoke, VA | $25K | 2023 |
| Opera RoanokeGeneral & Unrestricted | Roanoke, VA | $15K | 2023 |
| Carilion Clinic FoundationGeneral & Unrestricted | Roanoke, VA | $15K | 2023 |
| Jefferson Center Foundation LtdGeneral & Unrestricted | Roanoke, VA | $10K | 2023 |
| Sleep In Heavenly Peace IncGeneral & Unrestricted | Nampa, ID | $5K | 2023 |
| St Vincents HomeGeneral & Unrestricted | Roanoke, VA | $25K | 2022 |
| One Valley IncGeneral & Unrestricted | Roanoke, VA | $20K | 2022 |
| Bradley Free Clinic Of Roanoke ValleyGeneral & Unrestricted | Roanoke, VA | $23K | 2020 |
| Ivies Incorporated Of The Roanoke ValleyGeneral & Unrestricted | Roanoke, VA | $15K | 2020 |
| Straight Street Roanoke Valley IncGeneral & Unrestricted | Roanoke, VA | $12K | 2020 |
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