IRS 990 Nonprofit Profile

Delaware Innovation Fund

The delaware innovation fund is a private delaware corporate nonprofit, nonstock economic development firm established to assist in the initial capitalization of pre-seed and early stage businesses. The goal of the delaware innovation fund is to promote early stage venture investments and job growth within high technology and proprietary companies throughout delaware and the surrounding region. To accomplish this, the fund provides financial and technical support during the critical early stages of company development.

Financials

Filing year
2018
Total revenue
$-11K
Total expenses
$65K
Total assets
$0
Program expenses
$34K
Administration
$31K
Fundraising
$0
Program share of expenses
53%
EIN
232799695
Location
Wilmington, DE

Leadership and Compensation

Leadership is reported as unpaid in the latest filing.

Patrick J Foley Jr Phd - Boardmember
$0
Michael Kelley - Chairman
$0
Scott K Jones Phd - Boardmember
$0

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
3
Independent members
3

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Financial data on this page is sourced from IRS Form 990 filings.