University Of Delaware Research Foundation

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

EIN: 516017306 ✦ Newark, DE ✦ Designated as a 501(c)(3)

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Overview

What is University Of Delaware Research Foundation?

The University of Delaware Research Foundation is a nonprofit organization situated in Newark, Delaware. Its primary mission is to support and strengthen the University of Delaware's research initiatives, aiming to boost the national and international prominence of select graduate programs. To achieve this goal, the foundation provides research grants to faculty members at the University of Delaware, focusing on early-career, untenured, and tenure-track faculty in their areas of interest. The foundation's grants supplement, but do not replace, funds available from the university or other sources, enabling researchers to conduct high-quality scientific and engineering projects.

Is University Of Delaware Research Foundation legitimate?

University Of Delaware Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Delaware Research 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 University Of Delaware Research Foundation?

The University of Delaware Research Foundation's mission is centered around supporting the university's objective of enhancing research and boosting the national and international recognition of select graduate programs. It achieves this by providing grants for high-quality scientific and engineering research, particularly focusing on early-career, untenured, and tenure-track faculty in areas of primary interest to the university. Furthermore, the foundation offers funds that supplement, but do not replace, funds available from the university or other sources.

Who is the CEO of University Of Delaware Research Foundation?

Keith M Walter is the President of University Of Delaware Research Foundation.

What is the revenue of University Of Delaware Research Foundation?

University Of Delaware Research Foundation's revenue in 2022 was $618,720.

Who are the executives of University Of Delaware Research Foundation and what are their salaries?

There 10 volunteers at University Of Delaware Research Foundation.


Here are 10 key members and their salaries:


Ms Karen Fletcher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Vicky L Funanage (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Ray Wnenchak (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Keith M Walter (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Charles Riordan (Secretary (Until 5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Karen M Bloch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr G Stephen Decherney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Randal King (Trustee (From 5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Carlonda R Reilly (Trustee (Until 5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kris Vaddi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for University Of Delaware Research Foundation?

University Of Delaware Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of University Of Delaware Research Foundation

The University of Delaware Research Foundation's mission is centered around supporting the University of Delaware's objective of enhancing research and elevating the national and international prominence of select graduate programs. To achieve this, the foundation undertakes several key activities. Firstly, it provides grants to bolster the highest quality of scientific and engineering research within the university. Secondly, the foundation focuses on assisting early-career, untenured, and tenure-track faculty in areas of primary interest to the university. Lastly, the foundation offers funds that supplement, but do not replace, funds available from the university or other sources. The University of Delaware Research Foundation's mission is instrumental in strengthening research capabilities and boosting the reputation of selected graduate programs at the University of Delaware.

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Impact




October, 2024

The University of Delaware Research Foundation plays a crucial role in enhancing the university's research landscape and academic reputation. By providing targeted research grants to faculty, the foundation supports high-quality scientific and engineering projects, which strengthens the university’s contributions to knowledge and innovation.

Focusing particularly on early-career, untenured, tenure-track faculty, the foundation helps to cultivate new ideas and perspectives in research, which can lead to impactful advancements in their respective fields. The funding it offers supplements existing resources, allowing faculty to pursue ambitious projects that might not otherwise be possible. This ultimately fosters a dynamic research environment, bolstering both national and international recognition for the university’s graduate programs.

Through its mission, the foundation helps drive progress in key areas of research, advancing the university's objectives and contributing to a robust educational ecosystem.




This information is meant to be a general summary of University Of Delaware Research 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
$618,720 (2022)
Expenses
$455,450 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $618,595
  • Gross Receipts: $876,870

Assets and Liabilities:

  • Total Assets: $11,752,690
  • Total Liabilities: $0
  • Net Assets: $11,752,690

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Organization Details

Founding Year

1949

Principal Officer

Keith M Walter

Main Address

162 CENTER MALL 220, NEWARK, DE, 197160099

NTEE Category

Code: B43 - Education

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