DELAWARE PROSPERITY PARTNERSHIP INC

DELAWARE PROSPERITY PARTNERSHIP INC

Wilmington, DE, US
501(c)(3)
EIN
82-2881997

DELAWARE PROSPERITY PARTNERSHIP INC

Wilmington, DE, US
501(c)(3)
EIN
82-2881997

Overview

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Est.

2017

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Delaware Prosperity Partnership Inc (EIN: 82-2881997) is a nonprofit organization dedicated to economic development in Delaware. With an operating budget of $3.2 million for the 2024 fiscal year, its mission is to enhance the state's capacity to attract, grow, and retain businesses while fostering a robust entrepreneurial and innovation ecosystem. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its initiatives. For more information, visit www.choosedelaware.com.

Mission Statement

THE DELAWARE PROSPERITY PARTNERSHIP (DPP) WAS CREATED AS A PRIVATE ENTITY TO LEAD THE STATE OF DELAWARE'S ECONOMIC DEVELOPMENT EFFORTS. ESTABLISHMENT OF THIS PRIVATE ENTITY WAS A CRITICAL STEP TO ENHANCE THE STATE'S ABILITY TO ATTRACT, GROW AND RETAIN COMPANIES; TO BUILD STRONGER ENTREPRENEURIAL AND INNOVATION ECOSYSTEM; AND TO SUPPORT PRIVATE EMPLOYERS IN IDENTIFYING, RECRUITING, AND DEVELOPING TALENT.
Revenues

$3.2M

Expenses

$3.2M

Net Income:
-$18.8K
Assets

$3.1M

Liabilities

$533.1K

Net Assets:
+$2.6M
Operating Budget

$3.2M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

3

Median grant size
$50K
Largest grant received
$50K
W
William Kurt Foreman
Board Member
B
Brian Pettyjohn
Board Member
L
Lyndon Yearick
Board Member

Frequently Asked Questions

What is DELAWARE PROSPERITY PARTNERSHIP INC’s budget?
In 2024, DELAWARE PROSPERITY PARTNERSHIP INC reported an annual operating budget of around $3.2 million. More detailed financial information is available to registered users.
What causes does DELAWARE PROSPERITY PARTNERSHIP INC support?
DELAWARE PROSPERITY PARTNERSHIP INC supports work in Economic development.
Where does DELAWARE PROSPERITY PARTNERSHIP INC operate?
DELAWARE PROSPERITY PARTNERSHIP INC is headquartered in Wilmington, DE.
Who funded DELAWARE PROSPERITY PARTNERSHIP INC recently?
In 2024, DELAWARE PROSPERITY PARTNERSHIP INC received grants from WSFS CARES FOUNDATION, WSFS CARES FOUNDATION, and DELAWARE ELECTRIC COOPERATIVE INC. More information on this organization’s funders is available to registered users.
What is the largest grant DELAWARE PROSPERITY PARTNERSHIP INC received in 2024?
The largest grant to DELAWARE PROSPERITY PARTNERSHIP INC in 2024 exceeds $50 thousand.
What is DELAWARE PROSPERITY PARTNERSHIP INC’s reliance on government grants?
DELAWARE PROSPERITY PARTNERSHIP INC relied on government grants for more than 60% of their total revenue in 2024.
Overview
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