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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 is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Virginia. 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.
Smallest Grant
$12K
Median Grant
$15K
Average Grant
$17K
Largest Grant
$23K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
Total Giving
N/A
Total Assets
$1.9M
Fair Market Value
N/A
Net Worth
$1.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Carilion Clinic FoundationGeneral & Unrestricted | Roanoke, VA | $15K | 2023 |
| Opera RoanokeGeneral & 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 |