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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 $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]

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.

Video Delaware Community Foundation



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 August 13, 2013. 
  • Livengood, Chad; Wade Malcolm (October 26, 2011). "Arsht family recognized by Biden at fundraiser". The News Journal. Retrieved August 12, 2013. 
  • Fowser, Mark (October 26, 2011). "Philanthropic family honored at Delaware Community Foundation 25th anniversary celebration". WHYY NewsWorks. Retrieved August 12, 2013. 
  • Vice President Joe Biden, Official White House website, http://www.whitehouse.gov/administration/vice-president-biden. Retrieved August 19, 2013.

Source of the article : Wikipedia

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