Delaware Community Foundation
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 $230 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]
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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
- Chalmers, Mike (January 3, 2013). "Nonprofits bracing for less from rich donors". The News Journal. Retrieved August 12, 2013.
- "On the Boards". The Inquirer. August 20, 2012. Retrieved 2013-08-13.
- Fowser, Mark (2011-10-26). "Philanthropic family honored at Delaware Community Foundation 25th anniversary celebration".
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- "Vice President Joe Biden, Official White House website". Retrieved 2013-08-19.