Form 990 for tax year 2022
Filed by ALFRED I DUPONT CHARITABLE TRUST.
Totals
- Total revenue
- $530,001,291
- Total expenses
- $304,626,769
- Contributions and grants received
- $0
- Grants paid
- $282,737,868
- Program services expenses (Part IX)
- $294,899,618
- Management and general expenses
- $9,727,151
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $294,899,618
Program services were 96.8% 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
- $167,864
- From this org
- $167,864
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20 + 8 related
Schedule J breakdown matched by us
- Base
- $144,402
- Bonus
- $0
- Other
- $23,462
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $167,864
-
THOMAS G KUNTZ
TRUSTEE
- Total calculated
- $153,220
- From this org
- $153,220
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8 + 8 related
Schedule J breakdown matched by us
- Base
- $131,275
- Bonus
- $0
- Other
- $21,945
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $153,220
-
GEOFFREY M ROGERS
TRUSTEE
- Total calculated
- $153,220
- From this org
- $153,220
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8 + 8 related
Schedule J breakdown matched by us
- Base
- $131,275
- Bonus
- $0
- Other
- $21,945
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $153,220
-
JOHN S LORD
TRUSTEE
- Total calculated
- $153,510
- From this org
- $153,510
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9 + 8 related
Schedule J breakdown matched by us
- Base
- $131,275
- Bonus
- $0
- Other
- $22,235
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $153,510
-
WINFRED L THORNTON
TRUSTEE
- Total calculated
- $141,361
- From this org
- $141,361
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7 + 5 related
-
TERRI L KELLY
TRUSTEE
- Total calculated
- $160,606
- From this org
- $160,606
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
Schedule J breakdown matched by us
- Base
- $131,275
- Bonus
- $0
- Other
- $29,331
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $160,606
-
ROBERT G RINEY
TRUSTEE
- Total calculated
- $120,335
- From this org
- $120,335
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
DAVID D GONINO
PRESIDENT/CIO
- Total calculated
- $4,026,427
- From this org
- $3,815,557
- From related orgs
- $0
- Other
- $210,870
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $838,691
- Bonus
- $2,550,000
- Other
- $426,866
- Deferred
- $162,274
- Nontaxable benefits
- $48,596
- Filer's total
- $4,026,427
-
KARA P RILEY
CHIEF OPERATING OFFICER
- Total calculated
- $958,711
- From this org
- $594,424
- From related orgs
- $0
- Other
- $364,287
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $390,195
- Bonus
- $192,084
- Other
- $12,145
- Deferred
- $326,177
- Nontaxable benefits
- $38,110
- Filer's total
- $958,711
-
KIMBERLY D PRICE
ASSISTANT SECRETARY
- Total calculated
- $162,149
- From this org
- $130,141
- From related orgs
- $0
- Other
- $32,008
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $117,131
- Bonus
- $12,380
- Other
- $630
- Deferred
- $0
- Nontaxable benefits
- $32,008
- Filer's total
- $162,149
-
TRAVIS K ANGEVINE
MANAGING DIR OF PUBLIC MKT
- Total calculated
- $1,521,887
- From this org
- $855,944
- From related orgs
- $0
- Other
- $665,943
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $450,204
- Bonus
- $391,198
- Other
- $14,542
- Deferred
- $628,063
- Nontaxable benefits
- $37,880
- Filer's total
- $1,521,887
-
CHARLES D HENDRIX
MANAGING DIR OF PRIVATE MK
- Total calculated
- $1,482,911
- From this org
- $841,291
- From related orgs
- $0
- Other
- $641,620
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $424,017
- Bonus
- $356,927
- Other
- $60,347
- Deferred
- $604,143
- Nontaxable benefits
- $37,477
- Filer's total
- $1,482,911
-
CHARLES S SHEAIN
DIR OF PUBLIC MARKETS
- Total calculated
- $926,092
- From this org
- $892,703
- From related orgs
- $0
- Other
- $33,389
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $344,857
- Bonus
- $547,599
- Other
- $247
- Deferred
- $0
- Nontaxable benefits
- $33,389
- Filer's total
- $926,092
-
JAMES T KIRK
GENERAL COUNSEL
- Total calculated
- $448,423
- From this org
- $414,445
- From related orgs
- $0
- Other
- $33,978
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $287,952
- Bonus
- $126,233
- Other
- $260
- Deferred
- $0
- Nontaxable benefits
- $33,978
- Filer's total
- $448,423
-
SEAN A KELLY
DIR OF PRIVATE MARKETS
- Total calculated
- $750,276
- From this org
- $444,022
- From related orgs
- $0
- Other
- $306,254
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $274,770
- Bonus
- $169,000
- Other
- $252
- Deferred
- $263,275
- Nontaxable benefits
- $42,979
- Filer's total
- $750,276
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 — 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
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 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 4A:
- THE CHARITABLE TRUST MADE SEVERANCE PAYMENTS IN 2022 IN THE AMOUNT OF $222,950 TO CHARLES S. SHEAIN.
- 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. $421,652 OF VESTED SERP WAS DISTRIBUTED TO DAVID D. GONINO, $11,525 TO KARA P. RILEY, $13,413 TO TRAVIS K. ANGEVINE, AND $58,371 TO CHARLES D. HENDRIX DURING 2022.
- 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
-
$282,737,868
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
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349326177
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