NonprofitsThe Delaware Valley Legacy Fund

Public Foundations

The Delaware Valley Legacy Fund

PHILADELPHIA, PA

Total revenue

$66K

Total expenses

$113K

Net assets

$1.1M

Grants received

$250K

9 grants

EIN

232802171

Tax year

2024

Mission

Dvlf has been serving the emerging needs of the lgbtq community for 32 years. The organization was created to benefit the philadelphia region's lgbtq community by raising money for a permanent endowment. Dvlf fosters positive change every year through advocacy, grantmaking, scholarships, programming and education. This year, dvlf's significantly increased its grantmaking to include even more grants and scholarships. Each year, dvlf empowers and enhances the lives of the lgbtq community by investing in community work. It's critical mission provides services to programs serving the lgbtq community.

Financials

FY 2024

Revenue

Contributions & grants$80K
Program service revenue
Investment income
Other revenue
Total revenue$66K

Expenses

Grants paid$62K
Salaries & benefits
Fundraising$13K
Other expenses$51K
Total expenses$113K
Total assets$1.1M
Net assets$1.1M

People

13 listed

NameRoleCompensation

MICHAEL GROSBERG

PRESIDENT

Board

2 hrs/wk

KARL MICHELFELDER

VICE PRESIDE

Board

2 hrs/wk

WILLIAM LEFFLER

TREASURER

Board

2 hrs/wk

CLAY PAYNE

GOVERNANCE C

Board

2 hrs/wk

CHASE WRIGHT

SECRETARY

Board

2 hrs/wk

GLORIA MELUNIS

BOARD MEMBER

Board

1 hrs/wk

MICHAEL KING

BOARD MEMBER

Board

1 hrs/wk

CHRISTOPHER BARRETT POLITAN

BOARD MEMBER

Board

1 hrs/wk

JAMES WRIGHT

BOARD MEMBER

Board

1 hrs/wk

JAMES C YOUNG

BOARD MEMBER

Board

1 hrs/wk

JAKE MARONEY

BOARD MEMBER

Board

1 hrs/wk

KEISHA PRICE

BOARD MEMBER

Board

1 hrs/wk

LAURA RYAN

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$101K
WILLIAM WAY COMMUNITY CENTER; GENERAL OPERATING SUPPORT
2023
$750
HEALTH & SOCIAL SERVICES
2023
$53K
GENERAL OPERATING SUPPORT
2022
$76K
ON THE TABLE ACTIVATE MINI GRANT, GRANT FUNDING FOR THE LGBTQ+ EMERGING NEEDS GRANT CYCLE NLGJA/DVLF KAY LONGSCOPE SCHOLARSHIP FUND, NLGJA/DVLF LEROY F. AAARONS SCHOLARSHIP AWARD, OPERATING SUPPORT, WILLIAM WAY COMMUNITY CENTER, UNRESTRICTED ANNUAL GRANT CYCLE, NLGJA SCHOLARSHIP
2020
$7K
Unrestricted
2020
$24
GENERAL SUPPORT
2020
$8K
WILLIAM WAY COMMUNITY CENTER
2019
$3K
GENERAL PROGRAM SUPPORT
2018
$2K
GENERAL CHARITABLE PURPOSES
2018

Funded by

$250K from 6 funders · 9 grants · 2018–2023

The Philadelphia Foundation

$239K · 4 grants · 2019–2023

Network For Good

$7K · 1 grant · 2020

Spellissy Foundation

$3K · 1 grant · 2018

Sellers Dorsey Foundation

$2K · 1 grant · 2018

Armanino Foundation

$750 · 1 grant · 2023

American Express Foundation

$24 · 1 grant · 2020

Details

EIN232802171
NTEE codeT30
Subsection03
Ruling date1995-04
Formed1993
Employees0
Volunteers100
THE DELAWARE VALLEY LEGACY FUND — Mission, Financials & Grants Received | Grantivo