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Nonprofiteer
← ALFRED I DUPONT CHARITABLE TRUST

Form 990 for tax year 2024

Filed by ALFRED I DUPONT CHARITABLE TRUST.

Totals

Total revenue
$498,778,461
Total expenses
$287,218,017
Contributions and grants received
$0
Grants paid
$260,183,347
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$276,226,643
Management and general expenses
$10,991,374
Fundraising expenses
$0
Program service expenses (Part III)
$276,226,643

Program services were 96.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • HUGH M DURDEN

    CHAIRMAN

    Total calculated
    $173,368
    From this org
    $173,368
    From related orgs
    $0
    Other
    $0
    Hours/week
    10 + 4 related

    Schedule J breakdown matched by us

    Base
    $144,402
    Bonus
    $0
    Other
    $28,966
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $173,368
  • TERRI L KELLY

    TRUSTEE

    Total calculated
    $165,006
    From this org
    $165,006
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $131,275
    Bonus
    $0
    Other
    $33,731
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $165,006
  • TIMOTHY P COST

    TRUSTEE

    Total calculated
    $65,707
    From this org
    $65,707
    From related orgs
    $0
    Other
    $0
    Hours/week
    10 + 1 related
  • THOMAS G KUNTZ

    TRUSTEE

    Total calculated
    $156,572
    From this org
    $156,572
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $131,275
    Bonus
    $0
    Other
    $25,297
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $156,572
  • GEOFFREY M ROGERS

    TRUSTEE

    Total calculated
    $156,559
    From this org
    $156,559
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $131,275
    Bonus
    $0
    Other
    $25,284
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $156,559
  • ROBERT G RINEY

    TRUSTEE

    Total calculated
    $154,360
    From this org
    $154,360
    From related orgs
    $0
    Other
    $0
    Hours/week
    9

    Schedule J breakdown matched by us

    Base
    $131,275
    Bonus
    $0
    Other
    $23,085
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $154,360
  • DAVID D GONINO

    PRESIDENT/CIO

    Total calculated
    $3,438,367
    From this org
    $3,401,588
    From related orgs
    $0
    Other
    $36,779
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,204
    Bonus
    $2,687,499
    Other
    $561,885
    Deferred
    $0
    Nontaxable benefits
    $36,779
    Filer's total
    $3,438,367
  • TRAVIS K ANGEVINE

    PRESIDENT/CIO

    Total calculated
    $2,293,318
    From this org
    $1,672,013
    From related orgs
    $0
    Other
    $621,305
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $751,868
    Bonus
    $876,767
    Other
    $43,378
    Deferred
    $568,417
    Nontaxable benefits
    $52,888
    Filer's total
    $2,293,318
  • KARA P RILEY

    CHIEF OPERATING OFFICER

    Total calculated
    $1,310,412
    From this org
    $908,737
    From related orgs
    $0
    Other
    $401,675
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $455,979
    Bonus
    $417,153
    Other
    $35,605
    Deferred
    $354,187
    Nontaxable benefits
    $47,488
    Filer's total
    $1,310,412
  • JAMES T KIRK

    GENERAL COUNSEL

    Total calculated
    $503,200
    From this org
    $458,095
    From related orgs
    $0
    Other
    $45,105
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,323
    Bonus
    $138,995
    Other
    $2,777
    Deferred
    $0
    Nontaxable benefits
    $45,105
    Filer's total
    $503,200
  • CHRISTINA R MANASCO

    ASSISTANT SECRETARY

    Total calculated
    $130,666
    From this org
    $107,953
    From related orgs
    $0
    Other
    $22,713
    Hours/week
    40
  • CHARLES D HENDRIX

    MANAGING DIR OF PRIVATE MK

    Total calculated
    $1,706,799
    From this org
    $1,304,545
    From related orgs
    $0
    Other
    $402,254
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $489,235
    Bonus
    $774,310
    Other
    $41,000
    Deferred
    $351,871
    Nontaxable benefits
    $50,383
    Filer's total
    $1,706,799
  • SEAN A KELLY

    MANAGING DIR OF PRIVATE MK

    Total calculated
    $1,042,634
    From this org
    $783,274
    From related orgs
    $0
    Other
    $259,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $394,636
    Bonus
    $385,766
    Other
    $2,872
    Deferred
    $205,569
    Nontaxable benefits
    $53,791
    Filer's total
    $1,042,634
  • CHAD MYHRE

    MANAGING DIR OF PUBLIC MK

    Total calculated
    $667,940
    From this org
    $388,574
    From related orgs
    $0
    Other
    $279,366
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $388,254
    Bonus
    $0
    Other
    $320
    Deferred
    $251,847
    Nontaxable benefits
    $27,519
    Filer's total
    $667,940
  • HOLDEN B HARRELL

    ASST DIR OF PUBLIC MKT

    Total calculated
    $406,615
    From this org
    $356,737
    From related orgs
    $0
    Other
    $49,878
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,607
    Bonus
    $165,000
    Other
    $2,130
    Deferred
    $0
    Nontaxable benefits
    $49,878
    Filer's total
    $406,615
  • WHITNEY A SKOGLUND

    DIR OF ACCT AND TAX

    Total calculated
    $332,307
    From this org
    $289,953
    From related orgs
    $0
    Other
    $42,354
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,098
    Bonus
    $86,145
    Other
    $2,710
    Deferred
    $0
    Nontaxable benefits
    $42,354
    Filer's total
    $332,307

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
UNDER CERTAIN CIRCUMSTANCES, FIRST CLASS TRAVEL IS ALLOWABLE WHEN THE TRAVEL QUALIFIES FOR BUSINESS CLASS TRAVEL BUT THE FLIGHT DOES NOT OFFER BUSINESS CLASS. GENERALLY, COACH OR LOWER PROMOTIONAL FARES ARE THE ONLY CLASSES OF TRAVEL AVAILABLE TO TRUST EMPLOYEES. BUSINESS CLASS FARES ARE ALLOWABLE FOR ALL TRUSTEE TRAVEL AND ALLOWABLE FOR TRUST EMPLOYEES WHEN THE ORIGIN AND/OR DESTINATION ARE OUTSIDE THE CONTINENTAL UNITED STATES, WHEN AN OVERNIGHT OR "RED-EYE" FLIGHT EXCEEDS 5 HOURS, WHEN NO SPACE IS AVAILABLE IN COACH CLASS ACCOMMODATIONS IN TIME TO ACCOMPLISH THE BUSINESS TRAVEL WHICH IS URGENT AND CANNOT BE POSTPONED, AND WHEN THE USE OF BUSINESS CLASS ACCOMMODATIONS IS NECESSARY TO MEET THE TRAVELER'S DISABILITY OR OTHER SPECIAL NEEDS AS SUBSTANTIATED IN WRITING BY A COMPETENT MEDICAL AUTHORITY.
PART I, LINE 4B:
THE CHARITABLE TRUST MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") FOR A SELECT GROUP OF MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES AS DETERMINED BY THE TRUSTEES. THE SERP WAS ADOPTED IN ORDER TO PROVIDE CERTAIN EMPLOYEES WITH NONQUALIFIED DEFERRED COMPENSATION BENEFITS SUBJECT TO IRC SECTION 457(F) IN RECOGNITION OF THE SERVICES THEY PROVIDE. THE CHARITABLE TRUST MAKES DISCRETIONARY CONTRIBUTIONS TO THE PLAN AND MAY AMEND OR TERMINATE THE PLAN AT ANY TIME. $446,089 OF VESTED SERP WAS DISTRIBUTED TO DAVID D. GONINO, $32,060 TO KARA P. RILEY, $38,248 TO TRAVIS K. ANGEVINE, AND $35,870 TO CHARLES D. HENDRIX DURING 2024.
PART I, LINE 7:
CERTAIN EMPLOYEES OF THE CHARITABLE TRUST ARE ELIGIBLE FOR INCENTIVE COMPENSATION. THIS COMPENSATION IS BASED ON QUALITATIVE AND QUANTITATIVE ORGANIZATIONAL GOALS AND THE ACHIEVEMENT OF SUCH GOALS BY THE ORGANIZATION. OVERALL COMPENSATION IS WITHIN PARAMETERS DETERMINED BY THE CHARITABLE TRUST'S INDEPENDENT COMPENSATION CONSULTANT AND REFLECTS COMPENSATION LEVELS AMONG FOUNDATIONS AND ENDOWMENTS OF ORGANIZATIONS THAT ARE COMPARABLE TO THE CHARITABLE TRUST IN ASSET VALUE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • AIDTT LLC

    REAL ESTATE HOLDING · FL · assets $14,832,695

    Directly controlled by AIDCT

  • SWAMP HALL LLC

    INVESTMENTS · DE · assets $3,181,971

    Directly controlled by AIDCT

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • BLUE OWL AIF CO-INVESTMENT FUND LP

    INVES-EXCLUDED · INVESTMENTS · DE · 52.77% owned · share of income $3,290,537 · share of assets $34,736,980

    Directly controlled by A I DUPONT CHARITABLE TRUST

  • DENDUR OPPORTUNITY FUND II LP

    INVES-EXCLUDED · INVESTMENTS · DE · 54.74% owned · share of income $3,536,048 · share of assets $18,536,048

    Directly controlled by A I DUPONT CHARITABLE TRUST

  • JMK MK SIDE CAR LP

    INVES-EXCLUDED · INVESTMENTS · DE · 75.78% owned · share of income -$32,386 · share of assets $2,886,192

    Directly controlled by A I DUPONT CHARITABLE TRUST

  • PARSIFAL CO-INVEST I LP

    INVES-EXCLUDED · INVESTMENTS · DE · 51.17% owned · share of income $11,606,276 · share of assets $45,623,180

    Directly controlled by A I DUPONT CHARITABLE TRUST

  • SABAL FUND LP

    INVES-EXCLUDED · INVESTMENTS · DE · 95.9% owned · share of income $1,678,291 · share of assets $76,678,291

    Directly controlled by A I DUPONT CHARITABLE TRUST

  • SPRINTS FLINT LP

    INVES-EXCLUDED · INVESTMENTS · GK · 60.13% owned · share of income -$14,851 · share of assets $5,069,505

    Directly controlled by A I DUPONT CHARITABLE TRUST

  • NEUBERGER BERMAN SHORT DUR EMRGNG MKT DEBT FUND LLC

    INVES-EXCLUDED · INVESTMENTS · DE

    Directly controlled by THE NEMOURS FOUNDATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
31 October 2025
IRS schema version
2024v5.2
Source object
202523179349311057

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