Unidel Foundation Inc
3801 Kenett Pike Suite 303c, Greenville, DE · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $80,958,548 | $17,573,912 | $543,939,127 |
| FY2024 | $43,560,123 | $18,631,791 | $475,772,919 |
| FY2023 | $14,609,155 | $13,257,690 | $408,652,711 |
| FY2022 | $18,814,889 | $15,755,586 | $337,484,799 |
| FY2021 | $36,851,681 | $17,559,304 | $444,112,855 |
| FY2020 | $19,603,643 | $14,853,396 | $378,221,252 |
| FY2019 | $11,696,276 | $11,644,887 | $342,408,302 |
| FY2018 | $34,502,139 | $12,814,397 | $281,605,650 |
| FY2017 | $22,889,042 | $12,385,117 | $318,822,746 |
| FY2016 | $1,077,513 | $12,480,343 | $278,719,585 |
| FY2015 | $24,894,446 | $11,188,262 | $266,923,553 |
| FY2014 | $35,657,555 | $10,600,783 | $287,389,108 |
| FY2013 | $24,588,769 | $13,142,967 | $275,525,073 |
| FY2012 | $22,038,308 | $8,310,715 | $232,955,715 |
Form 990 filings
The returns filed by Unidel Foundation Inc (EIN 51-6015046), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $0 | 0% |
| Other revenue | $80,958,548 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $15,495,211 | 88% |
| Management & general | $2,078,701 | 12% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 100% of total revenue in FY2025.
- Program services accounted for 88% of functional expenses, management & general 12%, and fundraising 0%.
- 88% of functional expenses went to program services in FY2025. That is higher than 81.5% of 27 Education organizations in DE.
- Net assets covered about 371.4 months of expenses at the end of the reporting year. That puts it in the 95th percentile among 218 Education organizations in DE.
- Total revenue was higher than 99.1% of 223 Education organizations in DE.
- Total revenue rose from $22,038,308 in FY2012 to $80,958,548 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2016).
- Net assets grew from $232,955,715 to $543,939,127 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PROMOTING THE UNIVERSITY OF DELAWARE BY MAKING TARGETED GRANTS.
IRS status
| Ruling year | 1940 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in DE) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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