2024-04-11T13:03:13-05:00 2023-12-31 510232475 COVER & ROSSITER PA 2711 CENTERVILLE ROAD SUITE 100 WILMINGTON DE 19808 990 2023-01-01 516017306 UNIVERSITY OF DELAWARE RESEARCH FOUNDATION UNIV 3028312175 162 CENTER MALL 220 NEWARK DE 197160099 KEITH M WALTER ASST TREASURER 3028312175 2024-04-11 1 KEITH WALTER 999009999 0 PETER KENNEDY P00571422 3026566632 2024-04-11 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KEITH M WALTER 162 CENTER MALL 220 NEWARK DE 197160099 914254 0 X N/A X 1949 DE GRANTS FOR RESEARCH TO THE UNIVERSITY OF DELAWARE 8 8 0 8 0 0 125 0 0 0 618595 640829 0 0 618720 640829 450000 450000 0 0 0 0 0 0 0 5450 6000 455450 456000 163270 184829 11752690 12491952 0 0 11752690 12491952 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 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 MR TIM HOPKINS TRUSTEE (FROM 12/23) 0.30 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 (UNTIL 5/23) 0.30 X 0 0 0 MS CHRISTIANA BORELLI TRUSTEE (5/23-12/23) 0.30 X 0 0 0 MS CIARA O'CONNELL TRUSTEE 0.30 X 0 0 0 MR ERIC WOMMACK TRUSTEE 0.30 X 0 0 0 MS JENNIFER DORAN TRUSTEE 0.30 X 0 0 0 0 0 0 0 0 0 0 0 458254 458254 456000 273425 182575 182575 182575 640829 0 0 640829 450000 450000 6000 6000 456000 450000 6000 0 11752690 12491952 11752690 12491952 0 0 X 11532496 12264718 220194 227234 11752690 12491952 11752690 12491952 184829 554433 0 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 421295 458254 421295 458254 0 0 0 0 0 0 421295 458254 12428644 12103436 0 0 0 0 12428644 12103436 0 0 0 12428644 12103436 186430 181552 12242214 11921884 428477 417266 0 0 428477 417266 421295 358101 428477 428477 0 428477 450000 0 6000 0 0 0 456000 450000 428477 100.000000000000 428477 0 0 0 0 415219 450000 865219 0 428477 0 436742 456000 0 456000 0 0 892742 0 0 0 436742 456000 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 SUPPORTING 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 11752690 0 1195262 450000 6000 12491952 13701766 125 -1493751 450000 5450 11752690 11596024 125 2535717 425000 5100 13701766 10411810 425 1588889 400000 5100 11596024 9423526 250 1392934 400000 4900 10411810 0.98100 0.00900 0.01000 0 1 1 0 UNIVERSITY OF DELAWARE ENDOWMENT 12491952 F 12491952 1195262 554433 554433 640829 0 640829 456000 0 456000 0 456000 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. 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