2024-11-12T06:09:39-06:00 2023-12-31 510267254 BUMPERS & COMPANY 1104 PHILADELPHIA PIKE WILMINGTON DE 198092031 990PF 2023-01-01 516015916 WELFARE FOUNDATION INC WELF 3026838245 100 WEST 10TH STREET 1109 WILMINGTON DE 19801 CHRISTOPHER GRUNDNER PRESIDENT AND CEO 3026838245 2024-11-11 1 0 DOUGLAS S KOOK CPA P01332907 3027983300 2024-11-11 2023 2024-10-15 13:58:12Z X 109227609 X 21302 1553489 1553489 3317210 10344780 3317210 2052 2052 4894053 4872751 228489 114245 114245 74960 37480 37480 93159 46580 46580 20423 20021 149 20325 6775 13550 486990 485380 1610 364317 48378 9466 5804 0 15250 0 12200 5933 0 5933 78006 0 77391 1393656 758859 318604 4602119 5472119 5995775 758859 5790723 -1101722 4113892 287789 125094 125094 6565386 10374255 10374255 48949 61303 48949 48949 139003 60407 60407 15714527 17490083 25233355 127983 127983 127983 1050000 58125279 50716366 72245694 109897 20042 94060 89855 89855 81115330 79032992 109227609 67505 55429 1280000 410000 193018 406889 1540523 872318 X 79574807 78160674 79574807 78160674 81115330 79032992 79574807 -1101722 0 78473085 312411 78160674 LITIGATION PROCEEDS P 2022-01-01 2023-12-31 76 76 76 WILMINGTON TRUST 017432-001 LT CAPITAL GAINS P 2022-01-01 2023-12-31 4994791 3335561 1659230 1659230 KING STREET P 2022-01-01 2023-12-31 67312 32544 34768 34768 WHALE ROCK FLAGSHIP FUND P 2022-01-01 2023-12-31 940175 1000000 -59825 -59825 WHALE ROCK FLAGSHIP FUND - 0144 P 2022-01-01 2023-12-31 1344995 1845328 -500333 -500333 SENATOR LIQUIDATING CLASS P 2022-01-01 2023-12-31 141856 54130 87726 87726 ABDIEL QUALIFIED OFFSHORE PARTNERS P 2022-01-01 2023-12-31 1858223 478550 1379673 1379673 GQG PARTNERS S/T P 2023-01-01 2023-12-31 147664 -147664 -147664 GQG PARTNERS L/T P 2022-01-01 2023-12-31 109265 109265 109265 WELLINGTON - CTF SELECT LEADERS S/T P 2023-01-01 2023-12-31 58699 -58699 -58699 WELLINGTON - CTF SELECT LEADERS L/T P 2022-01-01 2023-12-31 42036 -42036 -42036 WELLINGTON - INTERNATIONAL QUALITY S/T P 2023-01-01 2023-12-31 16127 16127 16127 WELLINGTON - INTERNATIONAL QUALITY L/T P 2022-01-01 2023-12-31 15923 -15923 -15923 CASDIN S/T P 2023-01-01 2023-12-31 5782 5782 5782 CASDIN L/T P 2022-01-01 2023-12-31 17135 -17135 -17135 ECHO STREET GOODCO S/T P 2023-01-01 2023-12-31 212267 212267 212267 ECHO STREET GOODCO L/T P 2022-01-01 2023-12-31 648484 648484 648484 REALIZED GAIN ON SALE OF FURNITURE P 2022-01-01 2023-12-31 50 50 50 ECHO STREET GOODCO L/T P 2022-01-01 2023-12-31 350 350 350 CASDIN II L/T P 2022-01-01 2023-12-31 5027 5027 5027 3317210 57183 0 57183 0 57183 57790 0 0 0 57790 X 0 607 0 607 0 0 0 0 0 0 0 0 0 0 1 1 DE 1 0 0 0 0 1 WWW.WELFAREFOUNDATIONDE.ORG CHRISTOPHER GRUNDNER 3026838245 100 W 10TH ST STE 1109 WILMINGTON DE 19801 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 ROBERT H BOLLING III 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 TRUSTEE 1.00 0 0 0 WILLIAM L KITCHEL III 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 TREASURER/TRUSTEE 1.00 0 0 0 E BRADFORD DUPONT JR 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 CHAIRMAN/TRUSTEE 1.00 0 0 0 LEATRICE D ELLIMAN 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 SECRETARY/TRUSTEE 1.00 0 0 0 AVERY STABLER TRAVIS 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 TRUSTEE 1.00 0 0 0 W LAIRD STABLER 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 VICE PRESIDENT/TRUSTEE 1.00 0 0 0 CHRISTOPHER GRUNDNER 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 PRESIDENT/ASST SECRETARY/T 40.00 228489 53997 2503 MARGARET L LAIRD 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 TRUSTEE 1.00 0 0 0 R HUNTINGTON BOLLING 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 TRUSTEE 1.00 0 0 0 D TROWBRIDGE ELLIMAN 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 TRUSTEE 1.00 0 0 0 BRENT W DUPONT 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 TRUSTEE 1.00 0 0 0 NONE 0 MONTICELLO ASSOCIATES 127 PUBLIC SQUARE CLEVELAND OH 44114 INVESTMENT ADVICE 200000 WELLINGTON MANAGEMENT COMPANY LLP 280 CONGRESS STREET BOSTON MA 02210 INVESTMENT ADVICE 77482 0 0 101236138 537071 1050000 102823209 0 0 102823209 1542348 101280861 5064043 5064043 57183 57183 5006860 0 5006860 0 5006860 5790723 0 5790723 5006860 1203722 0 0 5790723 1203722 0 0 4587001 0 0 0 0 0 0 0 0 419859 0 0 0 CHRIS GRUNDNER 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 3026838245 SEE WEBSITE FOR THE WELFARE FOUNDATION INC (WWW.WELFAREFOUNDATIONDE.ORG) FOR GRANT SUBMISSION AND INFORMATION NEEDED TO APPLY APRIL 15 AND OCTOBER 15 LIMITED TO DELAWARE AND SOUTHERN CHESTER COUNTY, PENNSYLVANIA AMERICAN RED CROSS DELMARVA CHAPTER 100 WEST 10TH STREET SUITE 401 WILMINGTON DE 19801 NONE PC GRANT 100000 ARC OF CHESTER COUNTY 900 LAWRENCE DR WEST CHESTER PA 19380 NONE PC GRANT 62000 ARC OF DELAWARE 2 S AUGUSTINE ST B WILMINGTON DE 19804 NONE PC GRANT 75000 BE READY COMMUNITY DEVELOPMENT CORPORATION 1411 W 4TH ST WILMINGTON DE 19805 NONE PC GRANT 200000 BIG BROTHERSBIG SISTERS OF DE INC 226 W PARK PL NEWARK DE 19711 NONE PC GRANT 75000 BLINDSIGHT DELAWARE ENTERPRISES 2915 NEWPORT GAP PIKE WILMINGTON DE 19808 NONE PC GRANT 30000 CALLIOPE PROJECT INC (MILTON THEATRE) 110 UNION ST MILTON DE 19968 NONE PC GRANT 80000 CANCER SUPPORT COMMUNITY DELAWARE 4810 LANCASTER PIKE WILMINGTON DE 19807 NONE PC GRANT 40000 CHEER INC 546 S BEDFORD ST GEORGETOWN DE 19947 NONE PC GRANT 150000 DELAWARE CENTER FOR JUSTICE INC 100 W 10TH ST WILMINGTON DE 19801 NONE PC GRANT 25000 DELAWARE CHILDREN'S MUSEUM 550 JUSTISON ST WILMINGTON DE 19801 NONE PC GRANT 80000 DELAWARE COLLEGE SCHOLARS 401 FEDERAL STREET DOVER DE 19901 NONE PC GRANT 75000 DELAWARE HISTORICAL SOCIETY 505 N MARKET STREET WILMINGTON DE 19801 NONE PC GRANT 75000 DELAWARE HUMANITIES 100 W 10TH ST 509 WILMINGTON DE 19801 NONE PC GRANT 17300 DELAWARE SHAKESPEARE FESTIVAL INC 4 S POPLAR STREET WILMINGTON DE 19801 NONE PC GRANT 25000 DELAWARE STATE UNIVERSITY FOUNDATION 1200 N DUPONT HWY 2ND FLOOR DOVER DE 19901 NONE PC GRANT 250000 DELAWARE TECHNICAL & COMMUNITY COLLEGE PO BOX 897 WILMINGTON DE 19806 NONE PC GRANT 200000 DELAWARE THEATRE COMPANY 200 WATER STREET WILMINGTON DE 19801 NONE PC GRANT 100000 DO CARE DOULA FOUNDATION 125A W LOOCKERMAN STREET DOVER DE 19904 NONE PC GRANT 40000 DOWN SYNDROME ASSOCIATION OF DELAWARE PO BOX 747 MIDDLETOWN DE 19709 NONE PC GRANT 47900 DOWNTOWN VISIONS 409 N ORANGE ST WILMINGTON DE 19801 NONE PC GRANT 30000 EXCEPTIONAL CARE FOR CHILDREN INC 11 INDEPENDENCE WAY NEWARK DE 19713 NONE PC GRANT 200000 FAITHFUL FRIENDS INC 165 AIRPORT RD NEW CASTLE DE 19720 NONE PC GRANT 75000 FAME INC 2005 BAYNARD BLVD WILMINGTON DE 19802 NONE PC GRANT 300000 FRACTURED ATLAS INC 228 PARK AVENUE SOUTH 56651 NEW YORK NY 10003 NONE PC GRANT 25000 FREIRE FOUNDATION PO BOX 59028 PHILADELPHIA PA 19102 NONE PC GRANT 150000 FRIENDSHIP HOUSE INC PO BOX 1517 WILMINGTON DE 19899 NONE PC GRANT 60000 JAY'S HOUSE INC 25 N PENNEWELL DR WILMINGTON DE 19809 NONE PC GRANT 29315 JEFFERSON STREET CENTER INC 1801 N JEFFERSON ST WILMINGTON DE 19802 NONE PC GRANT 22079 JESTER ARTSPACE INC 2723 GRUBB RD WILMINGTON DE 19810 NONE PC GRANT 10000 JOSHUA M FREEMAN FOUNDATION 31255 AMERICANA PARKWAY SELBYVILLE DE 19975 NONE PC GRANT 150000 KALMAR NYCKEL FOUNDATION 1124 E 7TH ST WILMINGTON DE 19801 NONE PC GRANT 68000 KENCREST SERVICES 960 HARVEST DRIVE SUITE 100 BLUE BELL PA 19422 NONE PC GRANT 40000 LA ESPERANZA INC 216 N RACE ST GEORGETOWN DE 19947 NONE PC GRANT 25000 LIMEN RECOVERY WELLNESS 819 N WASHINGTON ST WILMINGTON DE 19801 NONE PC GRANT 150000 LITTLE PEOPLE BIG DREAMS LEARNING CENTER 901 E BASIN RD NEW CASTLE DE 19720 NONE PC GRANT 30000 LOCAL JOURNALISM INITIATIVE 1425 WOODLAWN AVE WILMINGTON DE 19806 NONE PC GRANT 75000 LUTHERAN SENIOR SERVICES OF DOVER 1201 N HARRISON ST WILMINGTON DE 19806 NONE PC GRANT 100000 MARKET STREET MUSIC 1101 NORTH MARKET STREET WILMINGTON DE 19801 NONE PC GRANT 10000 MILTON HISTORICAL SOCIETY 210 UNION ST MILTON DE 19968 NONE PC GRANT 10000 NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION 21 ORINDA WAY SUITE C-368 ORINDA CA 94563 NONE PC GRANT 50000 NEIGHBORHOOD HOUSE INC 1218 B ST WILMINGTON DE 19801 NONE PC GRANT 50000 NEWARK ARTS ALLIANCE 207 LOUVIERS DR NEWARK DE 19711 NONE PC GRANT 20000 NEWARK CHARTER SCHOOL 2001 PATRIOT WAY NEWARK DE 19711 NONE PC GRANT 150000 NEWARK SENIOR CENTER 200 WHITECHAPEL DR NEWARK DE 19713 NONE PC GRANT 100000 OCEAN VIEW HISTORICAL SOCIETY 39 CENTRAL AVE OCEAN VIEW DE 19970 NONE PC GRANT 10000 OPERA DELAWARE INC 4 S POPLAR ST WILMINGTON DE 19801 NONE PC GRANT 60000 PILOT SCHOOL INC 208 WOODLAWN ROAD WILMINGTON DE 19803 NONE PC GRANT 35025 PROJECT NEW START 4601 CONCORD PIKE WILMINGTON DE 19803 NONE PC GRANT 35000 RODNEY STREET TENNIS AND TUTORING ASSOCIATION 101 GARDEN OF EDEN RD SUITE 102 WILMINGTON DE 19803 NONE PC GRANT 35000 SAINT MARK'S HIGH SCHOOL 2501 PIKE CREEK RD WILMINGTON DE 19808 NONE PC GRANT 150000 SEAN LOCKE 24 FOUNDATION 136 W MAIN ST NEWARK DE 19711 NONE PC GRANT 60000 SOJOURNERS' PLACE 2901 GOVERNOR PRINTZ BLVD WILMINGTON DE 19802 NONE PC GRANT 70000 STRIVE 205 EAST 122ND STREET NEW YORK NY 10035 NONE PC GRANT 45000 SURVIVOR VENTURES INC 259 GRANBY ST SUITE 250 NORFOLK VA 23510 NONE PC GRANT 100000 THE EVERETT INC 47 W MAIN ST MIDDLETOWN DE 19709 NONE PC GRANT 50000 THE MUSIC SCHOOL OF DELAWARE INC 4101 WASHINGTON ST WILMINGTON DE 19802 NONE PC GRANT 60000 THE NATURE CONSERVANCY 100 W 10TH ST 1005 WILMINGTON DE 19801 NONE PC GRANT 80000 THE ROSA HEALTH CENTER 10 N FRONT ST GEORGETOWN DE 19947 NONE PC GRANT 100000 THE WAY HOME 7 S KING ST GEORGETOWN DE 19947 NONE PC GRANT 100000 THE WILMINGTON DELAWARE AREA ROTARY CLUBS COMMUNITY FUND 1104 PHILADELPHIA PIKE WILMINGTON DE 19809 NONE PC GRANT 25000 TODMORDEN FOUNDATION 100 W 10TH ST STE 1104 WILMINGTON DE 19801 NONE PC GRANT 200000 TOIVOA COACHING 591 COLLABORATION WAY NEWARK DE 19713 NONE PC GRANT 50000 TOVA COMMUNITY HEALTH INC 213 GREENHILL AVE SUITE B WILMINGTON DE 19805 NONE PC GRANT 20000 TRI-STATE BIRD RESCUE & RESEARCH INC 170 POSSUM HOLLOW RD NEWARK DE 19711 NONE PC GRANT 15500 UNITED WAY OF DELAWARE 625 ORANGE ST WILMINGTON DE 19801 NONE PC GRANT 100000 UNIVERSITY DRAMA GROUP PO BOX 36 NEWARK DE 19715 NONE PC GRANT 75000 VETERANS WATCHMAKER INITIATIVE INC 307 N 6TH ST ODESSA DE 19730 NONE PC GRANT 40000 WHAT IS YOUR VOICE INC SHADY RD LEWES DE 19958 NONE PC GRANT 80000 WILMINGTON ALLIANCE 100 W 10TH ST WILMINGTON DE 19801 NONE PC GRANT 100000 ZOE MINISTRIES INC PO BOX 26 GREENWOOD DE 19950 NONE PC GRANT 100000 5472119 FIRST STATE BALLET THEATRE 818 N MARKET ST 3R WILMINGTON DE 19801 NONE PC GRANT 50000 JESTER ARTSPACE INC 2723 GRUBB RD WILMINGTON DE 19810 NONE PC GRANT 10000 KINGSWOOD COMMUNITY CENTER INC 2300 BOWERS STREET WILMINGTON DE 19802 NONE PC GRANT 300000 THE VILLAGE TREE 214 DELAMORE PLACE WILMINGTON DE 19805 NONE PC GRANT 50000 410000 14 1553489 14 2052 18 3317210 0 4872751 0 4872751 0 0 0 0 0 0 0 0 0 0 X X 1 DELAWARE COMMUNITY FOUNDATION 100 W 10TH ST 115 WILMINGTON DE 19801 21302 X BUMPERS & COMPANY 13125 4375 8750 ACCOUNTING FEES 7200 2400 4800 EDGEWOOD GROWTH FUND 6026187 10630994 VANGUARD ST CORP BOND FUND 2483437 2380324 SPDR S&P 500 3943052 6978501 INVESCO S&P 500 5037407 5243536 ECHOSTREET GOODCO SELECT II, L.P AT COST 5000000 6073503 FARALLON EQUITY PARNTERS INTERNATIONAL AT COST 5000000 7568298 MARSHALL WACE EUREKA FUND AT COST 1869561 3911049 THE CHILDRENS INVESTMENT FUND AT COST 5000000 8123000 KING STREET FUND AT COST 80464 201856 ABDIEL QUALIFIED OFFSHORE FUND AT COST 2021450 5640572 GQG PARTNERS EMERGING MARKETS AT COST 4169894 6328692 WELLINGT SELECT LEADERS AT COST 3639152 6341122 AKO GLOBAL LONG ONLY FUN AT COST 4116103 7221166 VANGUARD MID CAP AT COST 6703724 8604089 WHALE ROCK FLAGSHIP FUND AT COST 109336 109336 RA CAPITAL HEALTHCARE INTERNATIONAL QUALITY AT COST 4000000 4202850 CASDIN PRIVATE GROWTH EQUITY FUND II AT COST 2000000 1566754 SOUND POINT DISTRESSED LOAN OPP FUND AT COST 2090699 1906912 STEPSTONE VC SECONDARIES FUND AT COST 819230 841065 TIGER GLOBAL PRIVATE INVESTMENT AT COST 1125000 777937 CASDIN PRIVATE GROWTH EQUITY FUND II AT COST 925000 1001556 REDWOOD ENHANCED INCOME CORP AT COST 2018548 1797732 LIQUIDATING FUNDS:WHALE ROCK 4713 HOLDBACK AT COST 28205 28205 LEGAL FEES 20423 20021 149 K-1 INCOME/LOSS ON TAX RETURN NOT ON BOOKS - NET 312411 CELLULAR TELEPHONE 4497 0 4497 INSURANCE EXPENSE 22928 0 23788 COMPUTER CONSULTANTS 1000 0 0 OFFICE SUPPLIES 1844 0 1844 DUES AND SUBSCRIPTIONS 43655 0 43180 BOARD PORTAL FEE 400 0 400 BANK FEES 3682 0 3682 OTHER PORTFOLIO INCOME 2052 2052 2052 DEFERRED EXCISE TAXES PAYABLE 193018 406889 MONTICELLO ASSOCIATES 200000 200000 0 PAYCHEX 3221 1611 1610 CONSULTING FEES 40000 40000 0 REAL ESTATE EXPENSES 36688 36688 0 GQG PARTNERS 41979 41979 0 WELLINGTON 1507 1507 0 CASDIN 26517 26517 0 CASDIN 2 19544 19544 0 ECHO STREET GOODCO 40007 40007 0 TIGER GLOBAL 45 45 0 WELLINGTON 77482 77482 0 REAL ESTATE TAXES 2543 2543 0 PAYROLL TAXES 18932 9466 9466 FOREIGN TAXES PAID ON DIVIDENDS 36369 36369 0 EXCISE TAXES 306473 0 0