2023-04-11T15:23:17-05:00 2022-12-31 510232475 COVER & ROSSITER PA 2711 CENTERVILLE ROAD SUITE 100 WILMINGTON DE 19808 990 2022-01-01 516017306 UNIVERSITY OF DELAWARE RESEARCH FOUNDATION UNIV 3028312175 162 CENTER MALL 220 NEWARK DE 197160099 KEITH M WALTER ASST TREASURER 3028312175 2023-04-11 1 KEITH WALTER 999009999 1 PETER KENNEDY P00571422 3026566632 2023-04-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEITH M WALTER 162 CENTER MALL 220 NEWARK DE 197160099 876870 0 X N/A X 1949 DE GRANTS FOR RESEARCH TO THE UNIVERSITY OF DELAWARE 8 8 0 10 0 0 250 125 0 0 602513 618595 0 0 602763 618720 425000 450000 0 0 0 0 0 0 0 5100 5450 430100 455450 172663 163270 13702016 11752690 0 0 13702016 11752690 X THE MISSION OF THE UNIVERSITY OF DELAWARE RESEARCH FOUNDATION, INC. IS TO SUPPORT THE UNIVERSITY'S OBJECTIVE OF STRENGTHENING RESEARCH AND INCREASING NATIONAL AND INTERNATIONAL DISTINCTION OF SELECT GRADUATE PROGRAMS BY: 1. PROVIDING GRANTS SUPPORTING THE HIGHEST QUALITY OF SCIENTIFIC AND ENGINEERING RESEARCH; 2. FOCUSING ON ASSISTING EARLY-CAREER, UNTENURED, TENURE-TRACK FACULTY IN AREAS OF PRIMARY INTEREST TO THE UNIVERSITY, AND; 3. PROVIDING FUNDS THAT SUPPLEMENT, BUT DO NOT SUPPLANT, FUNDS AVAILABLE FROM THE UNIVERSITY OR OTHER SOURCES. 0 0 450000 450000 RESEARCH GRANTS TO UNIVERSITY OF DELAWARE TO FUND FACULTY RESEARCH PROJECTS. 450000 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X ISAAC WOLKOWICZ 3028312121 UNIVERSITY OF DELAWARE 220 SOUTH NEWARK DE 197164005 X MS KAREN FLETCHER PRESIDENT 0.30 X X 0 0 0 DR VICKY L FUNANAGE VICE PRESIDENT 0.30 X X 0 0 0 MR RAY WNENCHAK TREASURER 0.30 X X 0 0 0 MR KEITH M WALTER ASSISTANT TREASURER 0.30 X X 0 0 0 DR CHARLES RIORDAN SECRETARY (UNTIL 5/22) 0.30 X X 0 0 0 DR KAREN M BLOCH TRUSTEE 0.30 X 0 0 0 DR G STEPHEN DECHERNEY TRUSTEE 0.30 X 0 0 0 DR RANDAL KING TRUSTEE (FROM 5/22) 0.30 X 0 0 0 DR CARLONDA R REILLY TRUSTEE (UNTIL 5/22) 0.30 X 0 0 0 DR KRIS VADDI TRUSTEE 0.30 X 0 0 0 0 0 0 0 0 0 0 0 125 125 421295 421295 455450 258150 197300 197300 197300 618720 0 0 618595 450000 450000 5450 5450 455450 450000 5450 0 250 13701766 11752690 13702016 11752690 0 0 X 13438312 11532496 263704 220194 13702016 11752690 13702016 11752690 163270 -2112596 0 X X 0 1 X 1 0 X X 1 UNIVERSITY OF DELAWARE 516000297 2 1 450000 0 1 450000 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 399993 421295 399993 421295 0 0 0 0 0 0 399993 421295 12853516 12428644 0 0 0 0 12853516 12428644 0 0 0 12853516 12428644 192803 186430 12660713 12242214 443125 428477 0 0 443125 428477 399993 339994 443125 443125 0 443125 450000 0 0 0 0 0 450000 450000 443125 100.000000000000 443125 0 0 0 33344 400000 425000 858344 0 443125 0 415219 450000 0 450000 0 0 865219 0 0 0 415219 450000 PART IV, SECTION D, LINE 2: THE UNIVERSITY OF DELAWARE RESEARCH FOUNDATION EXISTS TO FUND FACULTY PROJECTS NOT FUNDED THROUGH THE UNIVERSITY'S OPERATING BUDGET. IDEAS FOR RESEARCH PROJECTS MUST BE PROPOSED BY THE UNIVERSITY AND ARE THEN INDEPENDENTLY VETTED BY UDRF'S RESEARCH COMMITTEE. THE RESEARCH COMMITTEE WORKS CLOSELY AND CONTINUOUSLY WITH UNIVERSITY FACULTY TO SOLICIT RESEARCH PROJECT CANDIDATES AND EVALUATE THE RESULTS. PART IV, SECTION D, LINE 3: THE UNIVERSITY OF DELAWARE RESEARCH FOUNDATION'S ENDOWMENT IS MAINTAINED AND MANAGED BY THE SUPPORTED ORGANIZATION; THE UNIVERSITY OF DELAWARE. THE UNIVERSITY MAKES ALL INVESTMENT DECISIONS. UDRF OWNS A PORTION OF THE CO-MINGLED ENDOWMENT. UDRF, IN CONJUNCTION WITH THE UNIVERSITY, MAKES DECISIONS ON THE AMOUNT OF THE GRANT TOTAL AND ALSO WHICH INDIVIDUAL GRANTS TO FUND. 0 13701766 125 -1493751 450000 5450 11752690 11596024 125 2535717 425000 5100 13701766 10411810 425 1588889 400000 5100 11596024 9423526 250 1392934 400000 4900 10411810 10082501 250 -204525 450000 4700 9423526 0.98130 0.00910 0.00960 0 1 1 0 UNIVERSITY OF DELAWARE ENDOWMENT 11752690 F 11752690 -1493876 -2112596 -2112596 618720 0 618720 455450 0 455450 0 455450 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE HELD TO PROVIDE FUNDING TO CARRY OUT THE FOUNDATION'S EXEMPT PURPOSE OF SUPPORTING RESEARCH INITIATIVES IN SCIENCE AND ENGINEERING. 1 UNIVERSITY OF DELAWARE 210 SOUTH COLLEGE AVENUE NEWARK DE 19716 516000297 501(C)(3) 450000 0 CASH / FAIR MARKET VALUE GRANTS TO PROVIDE FUNDING FOR FACULTY RESEARCH PROJECTS. 1 0 PART I, LINE 2: THE FOUNDATION REQUIRES THAT THE UNIVERSITY MAINTAIN AND TRACK THE USE OF GRANT FUNDS BY PROJECT. FORM 990, PART VI, SECTION B, LINE 11B THE TRUSTEES ARE PROVIDED WITH A DRAFT VERSION OF THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE EXPECTED TO FULLY DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE OTHER TRUSTEES. SINCE THERE ARE NO PAID EMPLOYEES AND THE ONLY PAID VENDOR IS THE INDEPENDENT AUDIT FIRM, THE POTENTIAL FOR SUCH CONFLICTS IS MINIMAL. FORM 990, PART VI, SECTION C, LINE 19 ALTHOUGH THERE IS NO LEGAL REQUIREMENT THAT IT DO SO, THE FOUNDATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST ON A CASE BY CASE BASIS. FORM 990, PART XII, LINE 2C THE FOUNDATION HAS A FINANCE COMMITTEE THAT ASSUMES REPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND THE SELECTION OF THE INDEPENDENT AUDITORS. UNIVERSITY OF DELAWARE 220 HULLIHEN HALL NEWARK DE 19716 516000297 POST-SECONDARY EDUCATION DE 501(C)(3) LINE 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 UNIVERSITY OF DELAWARE B 450000 CASH TRANSFERRED UNIVERSITY OF DELAWARE N 0 AMOUNT NOT READILY DETERMINABLE UNIVERSITY OF DELAWARE O 0 AMOUNT NOT READILY DETERMINABLE