Delaware Community Foundation | |
Location: | United States |
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]
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: