Delaware Community Foundation
Location
  • United States

The Delaware Community Foundation (DCF), one of more than 750 community foundations in the United States, is a nonprofit organization that establishes and manages charitable funds for individuals and organizations primarily from the state of Delaware and surrounding areas.[1] Fundholders include individuals, families, businesses and organizations.[2] The DCF awards annual grants of approximately $15 million and manages over $280 million in assets.[3] The organization's 25th anniversary celebration in 2011 was attended by Vice President Joe Biden,[4] who served as one of Delaware's U.S. Senators for 36 years.[5]

Background

The DCF, which is led by CEO Stuart Comstock-Gay, distributes an average of $15 million per year in scholarships and grants to nonprofit organizations serving people in Delaware. The DCF also encourages more people to become involved in charitable giving, primarily through four programs:

  • African American Empowerment Fund of Delaware
  • Fund for Women
  • The Next Generation, and
  • Youth Philanthropy Boards.

References

  1. ↑ Chalmers, Mike (January 3, 2013). "Nonprofits bracing for less from rich donors". The News Journal. Retrieved August 12, 2013.
  2. ↑ "On the Boards". The Inquirer. August 20, 2012. Retrieved 2013-08-13.
  3. ↑ "Investments | Delaware Community Foundation". www.delcf.org. 2017-06-12. Retrieved 2020-09-23.
  4. ↑ "untitled".
  5. ↑ "Vice President Joe Biden, Official White House website". Retrieved 2013-08-19.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.