Program areas at The Pete Du Pont Freedom Foundation LLC
The Pete Du Pont Freedom Foundation serves as an entrepreneurial incubator by providing a platform for individuals to present ideas that will create jobs and improve Delaware. Through its reinventing Delaware program, which began in 2014; The public, Foundation members, supporters, and The business community submit ideas to The Foundation for consideration. Idea submitters are invited to present their ideas at an annual dinner event, which includes key members of The Delaware business and leadership community. In total, 100 individuals attend The event and present ideas. The Foundation provides The top ideas from The reinventing Delaware dinner The following resources to assist in ultimately launching, creating jobs and improving Delaware: -six months of professional business refinement, development and mentor services in partnership with third party facilitators-spotlight articles in The Delaware business times (online and print)-promotion and visibility through Foundation social media and website channels-professional video spotlight for program finalists-exhibition opportunity at The annual Pete Du Pont Freedom award event for program finalists-monetary award for The idea that can make The most impact on Delaware
The equitable entrepreneurial ecosystem (e3) initiative is driven by The Foundation's focus on removing barriers to innovation and its strong belief that great ideas and entrepreneurship can occur throughout society. E3 is an ambitious initiative, with The goal of becoming Delaware's leading entrepreneurial incubator and accelerator by creating an innovative ecosystem that identify, nurture, and ultimately lead to successful businesses for Delaware's future. E3 complements and works in tandem with reinventing Delaware, working to create The conditions for successful entrepreneurs and innovators across all communities, with a particular focus on underrepresented entrepreneurs. E3 attempts to build city-wide strategic coalitions designed to identify, vet, incubate, and accelerate The launch of new businesses.
Who funds The Pete Du Pont Freedom Foundation LLC
Grants from foundations and other nonprofits
Personnel at The Pete Du Pont Freedom Foundation LLC
Name | Title | Compensation | Date of data |
---|
Nora Gonzalez | Vice President Finance | $0 | 2023-01-19 |
Stephanie Johnnie | Executive Director | $96,659 | 2023-01-19 |
Lindsay Pennington | Program Manager | | 2023-01-19 |
Stephen Sye | Past Former Executive Director / Executive Director Partial Y | $45,012 | 2021-12-31 |
There du Pont | Board Chair | $0 | 2023-11-13 |
...and 1 more key personnel |
Financials for The Pete Du Pont Freedom Foundation LLC
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $590,235 | $485,030 | 21.7% |
Program services | $7,000 | $27,500 | -74.5% |
Investment income and dividends | $303 | $230 | 31.7% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $-212,710 | $43,222 | -592.1% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $384,828 | $555,982 | -30.8% |
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Data update history
January 22, 2024
Updated personnel
Identified 2 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsFundraising eventsGala fundraisersTax deductible donations
General information
- Address
- PO Box 221
- Montchanin, DE 19710
- Metro area
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- County
- New Castle County, DE
- Website URL
- petedupontfreedomfoundation.org/Â
- Phone
- (302) 388-1552
IRS details
- EIN
- 82-1237132
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2017
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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