Cendel Foundation
Cendel Foundation
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About this organization
Mission
Organization's mission or most significant activities is to maintain and improve the quality of life in the greater Dover community by providing office space exclusively to 501(c)(3) non-for-profit organizations at well below market rents. The building located in downtown Dover, Delaware and enhances the area as well as increases employment in the downtown district.
About
Endowment funds invested in the Delaware Community Foundation. The organization receives 5% of the principal each year to make contributions to qualified 501(c)(3) organizations that meet the grant criteria established annually. A separate committee reviews the applications and makes the recommendations to award the grants.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “Organization's mission or most significant activities is to maintain and improve the quality of life in the greater dover community by providing office space exclusively to 501(c)(3) non-for-profit organizations at well below market rents. the building located in downtown dover, delaware and enhances the area as well as increases employment in the downtown district.”.
When detailing its responsibilities, they were listed as: “Organization's mission or most significant activities is to maintain and improve the quality of life in the greater dover community by providing office space exclusively to 501(c)(3) non-for-profit organizations at well below market rents. the building located in downtown dover, delaware and enhances the area as well as increases employment in the downtown district.”.
- The state in which the non-profit is legally permitted to operate is DE.
- The address of the non-profit for 2020 according to the filing is 610 ARTIS DRIVE, DOVER, DE, 19904.
- The number of employees reported by the non-profit on their form as of 2020 is 1.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $90,001.
- The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
- The organization elects its board members.
- The organization has 13 independent voting members.
- The organization was formed in 2008.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $35,983 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.