Nonprofit · EIN 51-6017306
UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC
Tax-exempt · NEWARK, DE 19713
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $741,312 | $480,893 | $260,419 | $14,194,939 | $0 | $14,194,939 |
| December 31, 2024 | 990 | $674,341 | $469,400 | $204,941 | $13,042,119 | $0 | $13,042,119 |
| December 31, 2023 | 990 | $640,829 | $456,000 | $184,829 | $12,491,952 | $0 | $12,491,952 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $741,312
- Net gain from sales of assets
- $203,758
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $474,343
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,550
- Program services (functional)
- $474,343
- Management and general (functional)
- $6,550
Balance sheet and other
- Total assets, start of year
- $13,042,119
- Total assets, end of year
- $14,194,939
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,194,939
- Net assets without donor restrictions
- $13,992,287
- Net assets with donor restrictions
- $202,652
- Gross receipts
- $1,018,447
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1949
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR VICKY L FUNANAGE | PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| MR RAY WNENCHAK | TREASURER Trustee or director, Officer | 0.3 | $0 |
| MR KEITH M WALTER | ASSISTANT TREASURER Trustee or director, Officer | 0.3 | $0 |
| DR MIGUEL GARCIA-DIAZ | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| DR KAREN M BLOCH | TRUSTEE Trustee or director | 0.3 | $0 |
| DR G STEPHEN DECHERNEY | TRUSTEE Trustee or director | 0.3 | $0 |
| DR TIMOTHY E HOPKINS | TRUSTEE Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR VICKY L FUNANAGE | PRESIDENT (FROM 5/24); VICE PRESIDENT (UNTIL 5/24) Trustee or director, Officer | 0.3 | $0 |
| MS KAREN FLETCHER | PRESIDENT (UNTIL 5/24) Trustee or director, Officer | 0.3 | $0 |
| MR RAY WNENCHAK | TREASURER Trustee or director, Officer | 0.3 | $0 |
| MR KEITH M WALTER | ASSISTANT TREASURER Trustee or director, Officer | 0.3 | $0 |
| MR MIGUEL GARCIA-DIAZ | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| DR KAREN M BLOCH | TRUSTEE Trustee or director | 0.3 | $0 |
| DR G STEPHEN DECHERNEY | TRUSTEE Trustee or director | 0.3 | $0 |
| MR TIM HOPKINS | TRUSTEE Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MS KAREN FLETCHER | PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| DR VICKY L FUNANAGE | VICE PRESIDENT Trustee or director, Officer | 0.3 | $0 |
| MR RAY WNENCHAK | TREASURER Trustee or director, Officer | 0.3 | $0 |
| MR KEITH M WALTER | ASSISTANT TREASURER Trustee or director, Officer | 0.3 | $0 |
| MR TIM HOPKINS | TRUSTEE (FROM 12/23) Trustee or director | 0.3 | $0 |
| DR KAREN M BLOCH | TRUSTEE Trustee or director | 0.3 | $0 |
| DR G STEPHEN DECHERNEY | TRUSTEE Trustee or director | 0.3 | $0 |
| DR RANDAL KING | TRUSTEE (UNTIL 5/23) Trustee or director | 0.3 | $0 |
| MS CHRISTIANA BORELLI | TRUSTEE (5/23-12/23) Trustee or director | 0.3 | $0 |
| MS CIARA O'CONNELL | TRUSTEE Trustee or director | 0.3 | $0 |
| MR ERIC WOMMACK | TRUSTEE Trustee or director | 0.3 | $0 |
| MS JENNIFER DORAN | TRUSTEE Trustee or director | 0.3 | $0 |
Address and contacts
- Address (IRS master file)
- 550 S COLLEGE AVE STE 201, NEWARK, DE 19713-1324
- Principal officer (990 for 2025)
- RAY WNENCHAK, 550 SOUTH COLLEGE AVENUE 201, NEWARK, DE 19713
- Signed the 990
- RAY WNENCHAK, TREASURER
- Phone
- (302) 831-2175
- Return prepared by
- BONADIO & CO LLP
Mission
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.
Program accomplishments
- RESEARCH GRANTS TO UNIVERSITY OF DELAWARE TO FUND FACULTY RESEARCH PROJECTS.Expenses $474,343 · grants $474,343
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 51-6017306
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1949
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $14,194,939
- Income (IRS master file)
- $1,018,447
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $741,312 | $480,893 | $14,194,939 | IRS |
| 990 | December 2024 | $674,341 | $469,400 | $13,042,119 | XML |
| 990 | December 2023 | $640,829 | $456,000 | $12,491,952 | XML |
| 990 | December 2022 | $618,720 | $455,450 | $11,752,690 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-6017306).
Questions about UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC
- What is the EIN of UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC?
- The employer identification number (EIN) of UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC is 51-6017306.
- Is UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
- Are donations to UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names RAY WNENCHAK.
- Who are the officers and directors of UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF DELAWARE RESEARCH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $741,312, expenses of $480,893 and total assets of $14,194,939 at year end.
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