Alfred I. DuPont Charitable Trust
Legal name: Alfred I Dupont Charitable Trust
Nonprofit profile at a glance
- EIN
- 590226560
- IRS 990 coverage
- 2022–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Jacksonville, FL, United States
- Phone
- (904) 394-9800
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $498,778,461
- Expenses
- $287,218,017
- Assets
- $8,766,443,502
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- DAVID D GONINO (PRESIDENT/CIO)
- TRAVIS K ANGEVINE (PRESIDENT/CIO)
Highest reported compensation
- DAVID D GONINO (PRESIDENT/CIO): $3,438,367 total reported compensation
- TRAVIS K ANGEVINE (PRESIDENT/CIO): $2,293,318 total reported compensation
- CHARLES D HENDRIX (MANAGING DIR OF PRIVATE MK): $1,706,799 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
As stewards of the vision of Mr. Alfred I. duPont’s will, we preserve the Nemours Estate® for the benefit of the public and we provide resources to Nemours Children’s Health in order to make the greatest impact on the health and lives of children globally. We are **MISSION-DRIVEN** and committed to long-term impact. LEGACY “It is the duty of everyone in the world to do what is within his power to alleviate human suffering.”. Vision We aspire to be the most impactful charitable organization focused on children’s health, assisting Nemours Children’s in becoming the national leader in pediatric outcomes and making healthier lives for children a reality around the world. View Support. We aspire to be the most impactful charitable organization focused on children’s health, assisting Nemours Children’s in becoming the national leader in pediatric outcomes and making healthier lives for...
What it reported doing in 2024
See schedule o
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 75
- Accountability: 42
- Sustainability: 88
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.2%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 42.4%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 30.52; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: -3.4% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -3.6% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 96.2% of spending went to programs
- Governance: 0 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $276.2M in reported program spending
- Leadership: top reported pay $3.4M · 16 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.7M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 8 filed schedules · includes foreign activity, grants, executive pay, and related organizations
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 15 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 21/100.