NonprofitsThe Desca Foundation

Science & Technology

The Desca Foundation

HOCKESSIN, DE

Total revenue

$541K

Total expenses

$123K

Net assets

$445K

Grants received

$175K

1 grants

EIN

901140936

Tax year

2024

Mission

The desca programs help innovators and technologists plug into delaware's innovation ecosystem by connecting them to resources, mentors and funding/strategic partners to help speed the commercialization of their products.

Programs

2 programs

Nih-i-red grant 2024-2025---desca partners with insitehub and the university of delaware to deliver the nih-funded insitexccelerator (ix) program across the northeast idea states. Desca leads marketing, outreach, and program enrollment to build awareness and recruit appilcants for both education and pilot tracks. The team also develops educational and commercialization training content that prepares innovators for sbir and sttr success.

Expenses: $29K

Congressional earmark---desca's tech2market program, arranged through a congressional earmark, provides u. S. Small business administration grant funding to accelerate commercialization for early-stage science and technology ventures and raise awareness of innovation in the greater delaware area. Desca develops curriculum, produces educational content, manages outreach and enrollment, and hosts ecosystem events, roundtables, and investor showcases connecting startups to mentor, market data, and strategic partners.

Expenses: $4K

Financials

FY 2024

Revenue

Contributions & grants$541K
Program service revenue
Investment income
Other revenue
Total revenue$541K

Expenses

Grants paid
Salaries & benefits$52K
Fundraising
Other expenses$70K
Total expenses$123K
Total assets$495K
Net assets$445K

People

13 listed

NameRoleCompensation

CORA L CASTLE

EXECUTIVE DI

Board

$11K

40 hrs/wk

MELINDA BURN

DIRECTOR

Board

1 hrs/wk

ELLINOR CARLSON

DIRECTOR

Board

1 hrs/wk

DORA CHEATHAM

DIRECTOR

Board

1 hrs/wk

BARBARA DEHAVEN

SECRETARY

Board

2 hrs/wk

JULIUS KORLEY

DIRECTOR

Board

1 hrs/wk

ERICA NEMSER

PRESIDENT

Board

1 hrs/wk

JEFFREY POLITIS

DIRECTOR

Board

1 hrs/wk

TULAJA SHRESTHA

DIRECTOR

Board

1 hrs/wk

ROGER R STRICKLAND

DIRECTOR

Board

1 hrs/wk

ROBERT R THOMPSON

TREASURER

Board

2 hrs/wk

BRYAN TRACY

DIRECTOR

Board

1 hrs/wk

YATI WAGHRAY

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$175K
DELAWARE VALLEY AS A CHEMTECH HUB
2019

Funded by

$175K from 1 funder · 1 grant · 2019

Longwood Foundation Inc

$175K · 1 grant · 2019

Details

EIN901140936
NTEE codeU99
Subsection03
Ruling date2018-05
Employees2
THE DESCA FOUNDATION — Mission, Financials & Grants Received | Grantivo