Form 990 for tax year 2024
Filed by H FLETCHER BROWN TRUST U/W FBO UNIVERSITY OF DELAWARE 3377.
Totals
- Total revenue
- $4,455,047
- Total expenses
- $3,754,084
- Contributions and grants received
- $0
- Grants paid
- $3,110,599
- Program service revenue
- $0
- Investment income
- $4,109,518
- Other revenue
- $345,529
- Total assets, end of year
- $54,205,763
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $54,205,763
- Program services expenses (Part IX)
- $3,110,599
- Management and general expenses
- $643,485
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,110,599
Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $1,329,325 · excluded $1,329,325
-
7a · Gross sales of assets other than inventory
securities $12,442,316
-
7b · Less cost or other basis and sales expenses
securities $9,662,123
-
7c · Gain or loss
securities $2,780,193
-
7d · Net gain or loss
total $2,780,193 · excluded $2,780,193
-
11a · Other revenue: PARTNERSHIP INCOME
total $345,529 · unrelated business -$8,056 · excluded $353,585
-
11e · Other revenue, total
$345,529
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,110,599 · program services $3,110,599
-
5 · Compensation of officers, directors and key employees
total $401,133 · management and general $401,133
-
11f · Fees: investment management
total $96,558 · management and general $96,558
-
11g · Fees: other
total $0 · management and general $0
-
24a · Other expenses: FOREIGN TAXES
total $26,428 · management and general $26,428
-
24b · Other expenses: PARTNERSHIP EXPENSES
total $116,919 · management and general $116,919
-
24c · Other expenses: ADR FEES
total $2,447 · management and general $2,447
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $689,774 · end of year $1,183,305
-
11 · Investments: publicly traded securities
beginning of year $53,093,593 · end of year $53,022,458
-
29 · Capital stock, trust principal or current funds
end of year $54,205,763
-
31 · Retained earnings, endowment or other funds
beginning of year $53,783,367
Mission and programs · 2024
Mission
THE ORGANIZATION WAS FORMED TO SUPPORT THE UNIVERSITY OF DELAWARE
-
PROVIDE SUPPORT TO THE UNIVERSITY OF DELAWARE
Expenses $3,110,599 · Grants $3,110,599
As filed on the 2024 return.
Listed in Part VII
-
Wilmington Trust CompanyWILMINGTON TRUST COMPANY
TRUSTEE
- Total calculated
- $401,133
- From this org
- $401,133
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
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.
Grants on this return
-
$3,110,599
GENERAL SUPPORT
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.
-
501(C)(3) · GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 July 2026
- IRS schema version
- 2024v5.2
- Source object
- 202622199349303607
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