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Trust Ua Philip F Dupont Fbo University

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

EIN: 516014960 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Trust Ua Philip F Dupont Fbo University?

Trust Ua Philip F Dupont Fbo University is a nonprofit organization with a mission to uphold the objectives and goals of the University of Virginia. Established with a desire expressed by the late Philip F. Dupont on January 21, 1927, the primary purpose of this organization is to distribute its income to the University of Virginia, funding scholarships for deserving yet financially challenged students. The organization's headquarters is situated in Wilmington, Delaware, at 1100 North Market Street. Although the information provided does not mention any additional programs, resources, or initiatives, the organization's primary focus is to provide financial aid for students at the University of Virginia.

Is Trust Ua Philip F Dupont Fbo University legitimate?

Trust Ua Philip F Dupont Fbo University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trust Ua Philip F Dupont Fbo University 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: $664,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Trust Ua Philip F Dupont Fbo University?

The Trust Ua Philip F Dupont Fbo University's mission is centered around furthering the objectives and goals of the University of Virginia. This is in line with the expressed desire of the late Philip F Dupont, expressed on January 21, 1927. The primary aim of this trust is to provide financial aid in the form of scholarships to deserving and financially challenged students. This initiative is aimed at supporting these students to pursue their education at the University of Virginia.

Who is the CEO of Trust Ua Philip F Dupont Fbo University?

David Tobin is the Principal Officer of Trust Ua Philip F Dupont Fbo University.

What is the revenue of Trust Ua Philip F Dupont Fbo University?

Trust Ua Philip F Dupont Fbo University's revenue in 2022 was $3,366,554.

Who are the executives of Trust Ua Philip F Dupont Fbo University and what are their salaries?


There is 1 key member and their salary:


Wilmington Trust Company (Trustee)
  • Compensation: $664,798
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trust Ua Philip F Dupont Fbo University?

Trust Ua Philip F Dupont Fbo University's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Trust Ua Philip F Dupont Fbo University

Trust Ua Philip F Dupont Fbo University is a nonprofit organization with a mission to support the University of Virginia. The organization was established with the intention of fulfilling the wishes of the late Philip F Dupont, expressed on January 21, 1927. Dupont's desire was to allocate the income generated by this trust to the University of Virginia, specifically for the purpose of providing scholarships to deserving and financially disadvantaged students. By doing so, Trust Ua Philip F Dupont Fbo University aims to contribute to the University's goals and objectives, thereby providing opportunities for students who may not otherwise be able to afford higher education.

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Impact




October, 2024

Trust Ua Philip F Dupont Fbo University significantly impacts the University of Virginia by enhancing its ability to provide scholarships to deserving students. Established to honor the late Philip F. Dupont's wishes expressed in 1927, the trust fulfills a critical function by allocating resources that support individuals from financially disadvantaged backgrounds. This funding enables the University to attract and retain talented students who may not otherwise afford higher education, thereby fostering diversity and inclusion within the academic community.

By furthering the goals and objectives of the University of Virginia, the trust plays a vital role in ensuring that the institution can uphold its commitment to accessible education, enriching the student body and promoting academic excellence. Through these scholarships, the trust not only impacts individual lives but also contributes to the broader mission of the University, preparing future leaders and professionals who will contribute to society.




This information is meant to be a general summary of Trust Ua Philip F Dupont Fbo University. 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
$3,366,554 (2022)
Expenses
$6,018,288 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,287,767
  • Gross Receipts: $12,740,954

Assets and Liabilities:

  • Total Assets: $93,650,848
  • Total Liabilities: $0
  • Net Assets: $93,650,848

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Organization Details

Founding Year

1972

Principal Officer

David Tobin

Main Address

1100 NORTH MARKET STREET, WILMINGTON, DE, 198900001

NTEE Category

Code: B110 - Education

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