Delaware Community Foundation
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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 $280 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]
Background
[edit | edit source]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
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