Civic Intelligence

Delaware Technical & Community College Educational Foundation

EIN 51-0246178 • 501(c)3 • Dover, DE

Profile

To provide financial assistance to delaware technical & community college

PO Box 897Dover, DE 19903

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.05x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

59th percentile

8.2%

Higher net margin than 59% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$453,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

53rd percentile

6.0%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

7.5%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$39,836,540

Up $2,263,510 (+6.0%) from 2023

Liabilities

Up

$167,176

Up $65,974 (+65%) from 2023

Net Assets

Up

$39,669,364

Up $2,197,536 (+5.9%) from 2023

Revenue

Up

$3,359,564

Up $235,067 (+7.5%) from 2023

Expenses

Up

$3,083,554

Up $738,208 (+31%) from 2023

Net Income

Down

$276,010

Down $503,141 (-65%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $19,177,565Liabilities 2010: $99,734Net Assets 2010: $19,077,8312010Assets 2011: $19,835,789Liabilities 2011: $134,124Net Assets 2011: $19,701,6652011Assets 2012: $21,204,963Liabilities 2012: $587,062Net Assets 2012: $20,617,9012012Assets 2013: $20,936,956Liabilities 2013: $100,464Net Assets 2013: $20,836,4922013Assets 2014: $21,131,378Liabilities 2014: $128,392Net Assets 2014: $21,002,9862014Assets 2015: $21,529,355Liabilities 2015: $622,262Net Assets 2015: $20,907,0932015Assets 2016: $23,559,005Liabilities 2016: $226,808Net Assets 2016: $23,332,1972016Assets 2017: $25,748,490Liabilities 2017: $193,396Net Assets 2017: $25,555,0942017Assets 2018: $26,230,633Liabilities 2018: $150,704Net Assets 2018: $26,079,9292018Assets 2019: $30,486,504Liabilities 2019: $137,920Net Assets 2019: $30,348,5842019Assets 2020: $33,303,513Liabilities 2020: $69,491Net Assets 2020: $33,234,0222020Assets 2021: $39,323,835Liabilities 2021: $115,045Net Assets 2021: $39,208,7902021Assets 2022: $33,965,936Liabilities 2022: $234,720Net Assets 2022: $33,731,2162022Assets 2023: $37,573,030Liabilities 2023: $101,202Net Assets 2023: $37,471,8282023Assets 2024: $39,836,540Liabilities 2024: $167,176Net Assets 2024: $39,669,3642024

Highlighted filing

2024

Assets$39,836,540
Liabilities$167,176
Net Assets$39,669,364

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $668,6802010Expenses 2011: $799,6132011Expenses 2012: $1,395,6272012Revenue 2013: $690,159Expenses 2013: $1,640,137Net Income 2013: -$949,9782013Revenue 2014: $2,735,335Expenses 2014: $2,079,389Net Income 2014: $655,9462014Revenue 2015: $2,651,863Expenses 2015: $2,414,716Net Income 2015: $237,1472015Revenue 2016: $3,555,473Expenses 2016: $2,132,144Net Income 2016: $1,423,3292016Revenue 2017: $2,598,958Expenses 2017: $2,491,811Net Income 2017: $107,1472017Revenue 2018: $4,115,920Expenses 2018: $1,619,329Net Income 2018: $2,496,5912018Revenue 2019: $3,248,491Expenses 2019: $2,039,900Net Income 2019: $1,208,5912019Revenue 2020: $2,006,416Expenses 2020: $2,232,458Net Income 2020: -$226,0422020Revenue 2021: $6,752,671Expenses 2021: $2,652,998Net Income 2021: $4,099,6732021Revenue 2022: $2,759,171Expenses 2022: $1,892,697Net Income 2022: $866,4742022Revenue 2023: $3,124,497Expenses 2023: $2,345,346Net Income 2023: $779,1512023Revenue 2024: $3,359,564Expenses 2024: $3,083,554Net Income 2024: $276,0102024

Highlighted filing

2024

Revenue$3,359,564
Expenses$3,083,554
Net Income$276,010

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.8$0.17$39.7$3.36$3.08$0.28
2023Summary only. Only limited summary data is available for this year.$37.6$0.10$37.5$3.12$2.35$0.78
2022Summary only. Only limited summary data is available for this year.$34.0$0.23$33.7$2.76$1.89$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.3$0.12$39.2$6.75$2.65$4.10
2020Summary only. Only limited summary data is available for this year.$33.3$0.07$33.2$2.01$2.23$0.23
2019Summary only. Only limited summary data is available for this year.$30.5$0.14$30.3$3.25$2.04$1.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$0.15$26.1$4.12$1.62$2.50
2017Summary only. Only limited summary data is available for this year.$25.7$0.19$25.6$2.60$2.49$0.11
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$0.23$23.3$3.56$2.13$1.42
2015Summary only. Only limited summary data is available for this year.$21.5$0.62$20.9$2.65$2.41$0.24
2014Detailed filing. Detailed filing data is available for this year.$21.1$0.13$21.0$2.74$2.08$0.66
2013Detailed filing. Detailed filing data is available for this year.$20.9$0.10$20.8$0.69$1.64$0.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$0.59$20.6$1.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$0.13$19.7$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$0.10$19.1$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 23, 2025
Return Version
2024v5.1
Gross Receipts
$9,362,901
Mission and Program Overview

Mission

To provide financial assistance to delaware technical & community college

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$28,864,189$31,382,120▲ $2,517,931
Land, Buildings, and Equipment, Net$981,667$5,172,026▲ $4,190,359
Cash and Non-Interest-Bearing Accounts$2,417,537$1,493,919▼ $923,618
Pledges and Grants Receivable$928,641$682,483▼ $246,158
Prepaid Expenses and Deferred Charges$49,607$53,532▲ $3,925
Investments Other Securities$5,258$2,328▼ $2,930
Total Assets$37,573,030$39,836,540▲ $2,263,510
Other Assets Total$4,326,131$1,050,132▼ $3,275,999
Liabilities
Accounts Payable and Accrued Expenses$67,709$138,185▲ $70,476
Other Liabilities$33,493$28,991▼ $4,502
Total Liabilities$101,202$167,176▲ $65,974
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,614,357$21,182,887▲ $1,568,530
Net Assets With Donor Restrictions$17,857,471$18,486,477▲ $629,006
Total Net Assets Fund Balance$37,471,828$39,669,364▲ $2,197,536
Total Liabilities and Net Assets / Fund Balance$37,573,030$39,836,540▲ $2,263,510

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,072,983--
Land$99,043--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$17,857,471$1,848,157▲ $912,479$-2,131,630$18,486,477
2023$16,437,586$1,806,598▲ $1,037,488$-1,424,201$17,857,471
2022$17,163,938$1,537,978▼ $1,104,206$1,160,124$16,437,586
2021$13,293,073$4,796,536▲ $976,961$1,902,632$17,163,938
2020$12,639,739$1,109,214▲ $779,297$1,235,177$13,293,073
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Dr Mark BrainardPresident$2,685$72,450$75,135

Board Members and Trustees

NameTitle
Nancy J ShevockChairman
Patti a GrimesVice Chairman
Colonel Joseph a Cooke JrBoard Member
Diane F GlennBoard Member
Lolita a LopezBoard Member
Michael J HareBoard Member
Robert E HagertyBoard Member
Cindy L Szabo EsqSpecial Trustee
James B Porter JrSpecial Trustee
Thomas St JohnSpecial Trustee
W Charles Paradee IiiSpecial Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$1,941,153
Program Service Revenue
$0
Investment Income
$1,078,614
Other Revenue
$339,797
All Other Contributions
$1,941,153
Change in Net Assets
$276,010

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,359,564
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,921,526
Total Revenue per Audited Statements
$5,281,090
Total Revenue per Form 990
$3,359,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,917,823
Other Expenses$90,596
Salaries, Compensation, and Employee Benefits$75,135
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,917,823--$2,917,823
Current Officers, Directors, Trustees, and Key Employees$75,135--$75,135
Fees for Services Accounting-$58,902-$58,902
Other Expenses-$31,694-$31,694
Total Functional Expenses$2,992,958$90,596$0$3,083,554

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,083,554
Total Expenses per Audited Statements$3,083,554
Total Expenses per Form 990$3,083,554
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Delaware Technical & Community College a Division of the State of DelawareDover, DE115Support, Equipment & Improvement Process$1,558,227
Delaware Technical & Community College a Division of the State of DelawareDover, DE115Scholarship Assistance$1,359,596
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$520,705
Fundraising Direct Expenses$180,908
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Starry Starry Nights Gala$193,875$193,875$55,302$138,573
Mardi Gras Gala$147,708$147,708$80,783$66,925
Total Events$520,705$520,705$180,908$339,797
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Gift Annuity Payable$28,991
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft is sent to the organization's management for approval before tax return is finalized and submitted.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces its conflict of interest policy through the policy's inclusion within the organization's policy and procedures manual, which is required to be reviewed by the board of trustees annually.

Form 990, Part VI, Section C, Line 19

The foundation makes its financial statements, tax returns and governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
Delaware Technical & Community College
EIN
51-0246178
Phone
3027394058
Address
PO BOX 897, DOVER, DE 19903

Signing Officer

Name
Dr Mark Brainard
Title
President
Phone
3027394058
Signed
2025-04-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Mark Brainard
Formed
1968
Legal Domicile
De
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
703

Preparer

Firm
Santora CPA Group
Address
220 CONTINENTAL DRIVE SUITE 112, NEWARK, DE 19713
Preparer
Robert S Smith CPA
Phone
3027376200
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

The foundation has a board of trustees that oversees all of the foundation's activities, including the selection and oversight of the independent auditor.

Financial Statement Notes

PART III, LINE 4:

The foundation operates a small museum at one of delaware technical & community college's campuses. The museum houses the artifacts of a sunken spanish galleon and charges a small admission fee to visitors. The admissions revenues produced from the museum are used to provide support to delaware technical & community college.

PART V, LINE 4:

The foundation holds the permanent endowment funds in perpetuity, using only the interest income to fund scholarships for individuals at delaware technical & community college. Term endowments are used by the foundation for the specific restrictions that have been imposed by the donor and once satisfied, the restrictions are released.

PART X, LINE 2:

The organization has qualified as an exempt organization under section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes. However, the organization is not exempt from taxes to the extent it has unrelated business taxable income. During 2024 and 2023, the organization had no unrelated business taxable income. The organization is no longer subject to federal or state tax examinations for fiscal years ended prior to 2021.

Raw XML AppendixShowing 400 of 556 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrantsToDomesticOrgsGrp/TotalAmt02917823
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05801280
IRS990/GrossReceiptsAmt09362901
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01099763
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01099763
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05258
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02328
IRS990/InvestmentsPubTradedSecGrp/BOYAmt028864189
IRS990/InvestmentsPubTradedSecGrp/EOYAmt031382120
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0981667
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05172026
IRS990/LandBldgEquipCostOrOtherBssAmt05172026
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05822429
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FINANCIAL ASSISTANCE TO DELAWARE TECHNICAL & COMMUNITY COLLEGE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt037471828
IRS990/NetAssetsOrFundBalancesEOYAmt039669364
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-21149
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-21149
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0339797
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0339797
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01921526
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt019614357
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt021182887
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04326131
IRS990/OtherAssetsTotalGrp/EOYAmt01050132
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0COLLEGE-WIDE SUPPORT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt031694
IRS990/OtherExpensesGrp/TotalAmt031694
IRS990/OtherLiabilitiesGrp/BOYAmt033493
IRS990/OtherLiabilitiesGrp/EOYAmt028991
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0928641
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0682483
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049607
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053532
IRS990/PrincipalOfficerNm0DR MARK BRAINARD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01359596
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01359596
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02005441
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02201473
IRS990/PYInvestmentIncomeAmt0886771
IRS990/PYOtherExpensesAmt0133197
IRS990/PYOtherRevenueAmt0232285
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0779151
IRS990/PYSalariesCompEmpBnftPaidAmt010676
IRS990/PYTotalExpensesAmt02345346
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03124497
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0276010
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0516000279
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd05
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03024652
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DELAWARE TECHNICAL AND COMMUNITY COLLEGE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt03024652
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt01050132
IRS990ScheduleD/BuildingsGrp/BookValueAmt05072983
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt05072983
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt017857471
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01848157
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt018486477
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0912479
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-2131630
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt016437586
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01806598
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt017857471
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01037488
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-1424201
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt017163938
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01537978
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt016437586
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1104206
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt01160124
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt013293073
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04796536
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt017163938
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0976961
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01902632
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt012639739
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01109214
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt013293073
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0779297
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01235177
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03083554
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt099043
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt099043
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01921526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028991
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CHARITABLE GIFT ANNUITY PAYABLE
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.34000
IRS990ScheduleD/RevenueNotReportedAmt01921526
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03359564
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION OPERATES A SMALL MUSEUM AT ONE OF DELAWARE TECHNICAL & COMMUNITY COLLEGE'S CAMPUSES. THE MUSEUM HOUSES THE ARTIFACTS OF A SUNKEN SPANISH GALLEON AND CHARGES A SMALL ADMISSION FEE TO VISITORS. THE ADMISSIONS REVENUES PRODUCED FROM THE MUSEUM ARE USED TO PROVIDE SUPPORT TO DELAWARE TECHNICAL & COMMUNITY COLLEGE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HOLDS THE PERMANENT ENDOWMENT FUNDS IN PERPETUITY, USING ONLY THE INTEREST INCOME TO FUND SCHOLARSHIPS FOR INDIVIDUALS AT DELAWARE TECHNICAL & COMMUNITY COLLEGE. TERM ENDOWMENTS ARE USED BY THE FOUNDATION FOR THE SPECIFIC RESTRICTIONS THAT HAVE BEEN IMPOSED BY THE DONOR AND ONCE SATISFIED, THE RESTRICTIONS ARE RELEASED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS QUALIFIED AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE ORGANIZATION IS NOT EXEMPT FROM TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS TAXABLE INCOME. DURING 2024 AND 2023, THE ORGANIZATION HAD NO UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS FOR FISCAL YEARS ENDED PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.66000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05172026
IRS990ScheduleD/TotalExpensesPerForm990Amt03083554
IRS990ScheduleD/TotalLiabilityAmt028991
IRS990ScheduleD/TotalRevenuePerForm990Amt03359564
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05281090
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03083554
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0180908
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STARRY STARRY NIGHTS GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MARDI GRAS GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0193875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0147708
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0179122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0520705
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0193875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0147708
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0179122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0520705
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0339797
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt044823
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0180908
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt055302
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt080783
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01558227
IRS990ScheduleI/RecipientTable/CashGrantAmt11359596
IRS990ScheduleI/RecipientTable/IRCSectionDesc0115
IRS990ScheduleI/RecipientTable/IRCSectionDesc1115
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT, EQUIPMENT & IMPROVEMENT PROCESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIP ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DELAWARE TECHNICAL & COMMUNITY COLLEGE A DIVISION OF THE STATE OF DELAWARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1DELAWARE TECHNICAL & COMMUNITY COLLEGE A DIVISION OF THE STATE OF DELAWARE
IRS990ScheduleI/RecipientTable/RecipientEIN0516000279
IRS990ScheduleI/RecipientTable/RecipientEIN1516000279
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 897
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 897

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