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Delaware Technical & Community College Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510246178 ✦ Dover, DE ✦ Designated as a 501(c)(3)

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Overview

What is Delaware Technical & Community College Educational Foundation?

Delaware Technical & Community College Educational Foundation is a small, nonprofit organization situated in Dover, Delaware. The foundation's primary mission is to offer financial aid to Delaware Technical & Community College, providing support, equipment, and resources for its improvement. With just one employee, the foundation operates from a postal address and focuses on contributing financially to enhance the educational institution's capabilities and services.

Is Delaware Technical & Community College Educational Foundation legitimate?

Delaware Technical & Community College Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Technical & Community College Educational Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Delaware Technical & Community College Educational Foundation?

The Delaware Technical & Community College Educational Foundation's primary mission is to provide financial aid to Delaware Technical & Community College. This support extends to various purposes such as securing necessary resources, procuring essential equipment, and facilitating improvements at the college. The foundation achieves this mission through awarding grants and making donations. In essence, the foundation exists to enhance the educational experience and opportunities at Delaware Technical & Community College.

Who is the CEO of Delaware Technical & Community College Educational Foundation?

Dr Mark Brainard is the Chairman of Delaware Technical & Community College Educational Foundation.

What is the revenue of Delaware Technical & Community College Educational Foundation?

Delaware Technical & Community College Educational Foundation's revenue in 2022 was $2,759,171.

Who are the executives of Delaware Technical & Community College Educational Foundation and what are their salaries?

There is 1 employee and 271 volunteers at Delaware Technical & Community College Educational Foundation.


Here are 12 key members and their salaries:


Nancy J Shevock (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti A Grimes (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Hare (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert E Hagerty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lolita A Lopez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane F Glenn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Charles Paradee Iii (Special Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James B Porter Jr (Special Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas St John (Special Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy L Szabo Esq (Special Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brigadier Gen Ernest G Talbertjr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Brainard (President)
  • Compensation: $3,371
  • Related: $290,713
  • Other: $9,249
Where can I find the form 990 for Delaware Technical & Community College Educational Foundation?

Delaware Technical & Community College Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Delaware Technical & Community College Educational Foundation

Delaware Technical & Community College Educational Foundation is dedicated to providing financial assistance to Delaware Technical & Community College. This nonprofit organization's mission is to offer monetary support, donations, and contributions for the purpose of enhancing the college's resources, acquiring necessary equipment, and improving its overall infrastructure. By providing these funds, the foundation aims to contribute to the college's success and the betterment of its students' educational experiences.

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Impact




October, 2024

Delaware Technical & Community College Educational Foundation significantly impacts the community by providing essential financial assistance to Delaware Technical & Community College. Through awards and donations, the foundation supports various initiatives that enhance educational opportunities, improve equipment, and facilitate campus improvements. This financial backing is crucial for helping students access quality education and resources, ultimately fostering workforce development and contributing to the overall growth of the state’s economy. By investing in education, the foundation helps cultivate a skilled and knowledgeable workforce, preparing individuals for successful careers and enhancing the community's collective future.




This information is meant to be a general summary of Delaware Technical & Community College Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,759,171 (2022)
Expenses
$1,892,697 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $962,637
  • Gross Receipts: $6,327,991

Assets and Liabilities:

  • Total Assets: $33,965,936
  • Total Liabilities: $234,720
  • Net Assets: $33,731,216

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Organization Details

Founding Year

1968

Principal Officer

Dr Mark Brainard

Main Address

PO BOX 897, DOVER, DE, 19903

NTEE Category

Code: B110 - Education

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