DELAWARE RIVER WATERFRONT CORPORATION
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The Delaware River Waterfront Corporation (EIN: 23-1734559) is a nonprofit organization dedicated to economic development and historical activities, focusing on the maintenance and promotion of Philadelphia's central waterfront. With an operating budget of $17.8 million and total revenue of $17.5 million for the 2024 filing year, the organization plays a crucial role in enhancing the city's waterfront, a responsibility that would otherwise fall to the city itself. It does not rely on any single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at www.delawareriverwaterfront.com.
Mission Statement
DRWC'S MISSION IS TO MAINTAIN AND PROMOTE THE USE AND DEVELOPMENT OFTHE CITY OF PHILADELPHIA'S CENTRAL WATERFRONT. THIS TASK IS OF VITALIMPORTANCE TO THE CITY AND ONE WHICH THE CITY WOULD OTHERWISE BEREQUIRED TO PERFORM ITSELF ABSENT THE DRWC.
Cause Areas
2
Historical activities
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is DELAWARE RIVER WATERFRONT CORPORATION’s budget?
In 2024, DELAWARE RIVER WATERFRONT CORPORATION reported an annual operating budget of around $17.8 million. More detailed financial information is available to registered users.
What causes does DELAWARE RIVER WATERFRONT CORPORATION support?
DELAWARE RIVER WATERFRONT CORPORATION supports work in Historical activities and Economic development.
Where does DELAWARE RIVER WATERFRONT CORPORATION operate?
DELAWARE RIVER WATERFRONT CORPORATION is headquartered in PHILADELPHIA, PA.
Who funded DELAWARE RIVER WATERFRONT CORPORATION recently?
In 2024, DELAWARE RIVER WATERFRONT CORPORATION received grants from THE WILLIAM PENN FOUNDATION, THE WILLIAM PENN FOUNDATION, and KURTZ FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant DELAWARE RIVER WATERFRONT CORPORATION received in 2024?
The largest grant to DELAWARE RIVER WATERFRONT CORPORATION in 2024 exceeds $7 million.
What is DELAWARE RIVER WATERFRONT CORPORATION’s reliance on government grants?
DELAWARE RIVER WATERFRONT CORPORATION relied on government grants for more than 35% of their total revenue in 2024.