DCF Adds 62 Funds
Closes year with $220 million in assets The Delaware Community Foundation had an extremely successful Fiscal Year 2013, opening 62 new funds and closing the year on June 30 with $220 million in assets. Additionally, we were proud to award in FY2013 a record-breaking $29 million in grants and scholarships, including two unique one-time grants totaling $13.3 million.* Thousands of Delaware organizations and individuals will benefit from the new funds, which will support causes including education, scientific research, and the preservation of the First State’s history. “Each and every donor and fundholder is truly making a difference in Delaware, and the Delaware Community Foundation is proud to connect these generous people with the causes they care about,” DCF President and CEO Fred C. Sears said.
News from the Delaware Community Foundation
Scholarships Touch the Lives of Recipients & Donors
ai Wright never really had much of a chance.
“Where I come from no one really makes it,” said Mr. Wright, who grew up poor in Riverside, which he describes as one of the worst ghettos in Delaware. “I had two parents highly under the influence of drugs, who had been arrested and never had a job that had benefits. I pretty much raised myself.”
Mr. Wright survived, though, and is the first in his family to graduate from high school. This spring, with the help of the H.L. and D.C. Eliason Scholarship at the Delaware Community Foundation, Mr. Wright graduated from Delaware Technical & Community College. Now, he’s working on his bachelor’s degree at Wilmington University. “Growing up in poverty with no opportunity of college being even a possibility, I honestly can say that [Mrs. Eliason] opened doors that would never have been opened if not ~ Continued on page 3
Also in FY2013, the DCF welcomed three great new team members to the staff – Bill Allan, Joyce Darling and Calisa Emerson – and made the exciting decision to open a new office in Kent County during FY2014. “The DCF is continuing to grow and evolve, and we are so fortunate to have board, committee, and staff members who truly care about making a difference in Delaware,” Mr. Sears said. * Figures are pending audit. Helen Eliason and Jai Wright
Published on Feb 2, 2015