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
-
$260,183,347
PEDIATRIC HEALTHCARE
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.
-
THE NEMOURS FOUNDATION (NEMOURS)
501(C)(3) · HEALTHCARE · FL · controlled entity
Directly controlled by A I DUPONT CHARITABLE TRUST
-
501(C)(3) · FOUNDATION · FL · controlled entity
Directly controlled by A I DUPONT CHARITABLE TRUST
-
CRUDEN BAY RISK RETENTION GROUP INC
501(C)(3) · RISK RETENTION · VT
Directly controlled by THE NEMOURS FOUNDATION
-
PEDIATRIC MEDICAL SERVICES OF FLORIDA INC
501(C)(3) · HEALTHCARE · FL
Directly controlled by THE NEMOURS FOUNDATION
-
NEMOURS NEW JERSEY PHYSICIAN PRACTICE
501(C)(3) · HEALTHCARE · NJ
Directly controlled by THE NEMOURS FOUNDATION
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.
-
REAL ESTATE HOLDING · FL · assets $14,832,695
Directly controlled by AIDCT
-
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
-
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
-
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
-
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
-
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.
-
DORNOCH-SUTHERLAND ASSURANCE LTD
C · CAPTIVE INSURANCE · CJ
Directly controlled by THE NEMOURS FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523179349311057
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