Choptank Foundation

Wilmington, DE
Tax-exempt since March 1966
EIN: 51-6019601

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$954k (2024)

Expenses

$545k (2024)

Total Assets

$9.29M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$953,845

Expenses

$545,114

Net Income

$408,731

Net Assets

$9,285,472

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$229,586	24.1%
Sales of Assets	$473,856	49.7%
Other Income	$250,403	26.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$461,593	84.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,285,472
Total Liabilities	$0
Net Assets	$9,285,472

Compensation

Key Employees and Officers	Compensation	Other
Michael Ratchford (Trustee, President Part Ti)	$0	$0
Glenn C Kenton (Trustee, Vice President Pa)	$0	$0
Thomas R Pulsifer (Trustee, Sec & Treas Part )	$0	$0

990-PF

Filed on Oct. 27, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$577,668

Expenses

$561,144

Net Income

$16,524

Net Assets

$8,876,741

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$236,783	41.0%
Sales of Assets	$184,040	31.9%
Other Income	$156,845	27.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$487,236	86.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,876,741
Total Liabilities	$0
Net Assets	$8,876,741

Compensation

Key Employees and Officers	Compensation	Other
Michael Ratchford (Trustee, President Part Ti)	$0	$0
Glenn C Kenton (Trustee, Vice President Pa)	$0	$0
Thomas R Pulsifer (Trustee, Sec & Treas Part )	$0	$0

990-PF

Filed on Oct. 30, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2022

Revenue

$130,527

Expenses

$157,758

Net Income

-$27,231

Net Assets

$8,860,217

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$110,378	84.6%
Sales of Assets	$76,863	58.9%
Other Income	-$56,714

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$478,534	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,860,217
Total Liabilities	$0
Net Assets	$8,860,217

Compensation

Key Employees and Officers	Compensation	Other
Michael Ratchford (Trustee, President Part Ti)	$0	$0
Glenn C Kenton (Trustee, Vice President Pa)	$0	$0
Thomas R Pulsifer (Trustee, Sec & Treas Part )	$0	$0

990-PF

Filed on Nov. 3, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$880,602

Expenses

$1,001,079

Net Income

-$120,477

Net Assets

$8,887,448

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$265,732	30.2%
Sales of Assets	$463,103	52.6%
Other Income	$151,767	17.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$506,602	50.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,287,448
Total Liabilities	$400,000
Net Assets	$8,887,448

Compensation

Key Employees and Officers	Compensation	Other
Michael Ratchford (Trustee, President Part Ti)	$0	$0
Glenn C Kenton (Trustee, Vice President Pa)	$0	$0
Thomas R Pulsifer (Trustee, Sec & Treas Part )	$0	$0

990-PF

Filed on Oct. 28, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$691,311

Expenses

$440,079

Net Income

$251,232

Net Assets

$9,007,924

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$179,392	25.9%
Sales of Assets	$511,919	74.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$456,452	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,007,925
Total Liabilities	$1
Net Assets	$9,007,924

Compensation

Key Employees and Officers	Compensation	Other
Michael Ratchford (Trustee, President Part Ti)	$0	$0
Glenn C Kenton (Trustee, Vice President Pa)	$0	$0
Thomas R Pulsifer (Trustee, Sec & Treas Part )	$0	$0

990-PF

Filed on Nov. 9, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$716,993

Expenses

$615,842

Net Income

$101,151

Net Assets

$8,756,693

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$269,630	37.6%
Sales of Assets	$447,363	62.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$443,150	72.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,846,693
Total Liabilities	$90,000
Net Assets	$8,756,693

Compensation

Key Employees and Officers	Compensation	Other
Pierre Du Pont Hayward (Trustee, President Part Ti)	$0	$0
Glenn C Kenton (Trustee, Vice President Pa)	$0	$0
Thomas R Pulsifer (Trustee, Sec & Treas Part )	$0	$0
Johannes R Krahmer (Trustee Part Time)	$0	$0

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990-PF

Filed on Nov. 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$594,509

Expenses

$554,164

Net Income

$40,345

Net Assets

$8,655,542

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$315,198	53.0%
Sales of Assets	$279,311	47.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$461,476	83.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,655,542
Total Liabilities	$0
Net Assets	$8,655,542

Compensation

Key Employees and Officers	Compensation	Other
Pierre Du Pont Hayward (Trustee, President Part Time)	$0	$0
Glenn C Kenton (Trustee, Vice President Part Time)	$0	$0
Thomas R Pulsifer (Trustee, Sec & Treas Part Time)	$0	$0
Johannes R Krahmer (Trustee Part Time)	$0	$0

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990-PF

Filed on Nov. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$716,609

Expenses

$573,037

Net Income

$143,572

Net Assets

$8,504,979

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$246,941	34.5%
Sales of Assets	$469,668	65.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$495,000	86.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,504,979
Total Liabilities	$0
Net Assets	$8,504,979

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$791,280

Expenses

$515,819

Net Income

$275,461

Net Assets

$8,361,408

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$241,711	30.5%
Sales of Assets	$549,567	69.5%
Other Income	$2	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$440,300	85.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,361,408
Total Liabilities	$0
Net Assets	$8,361,408

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$708,126

Expenses

$474,295

Net Income

$233,831

Net Assets

$8,085,946

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$210,729	29.8%
Sales of Assets	$497,397	70.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$401,240	84.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,085,946
Total Liabilities	$0
Net Assets	$8,085,946

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$631,098

Expenses

$473,815

Net Income

$157,283

Net Assets

$7,852,115

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$197,444	31.3%
Sales of Assets	$433,653	68.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$408,915	86.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,852,115
Total Liabilities	$0
Net Assets	$7,852,115

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$424,693

Expenses

$452,177

Net Income

-$27,484

Net Assets

$7,694,832

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$151,340	35.6%
Sales of Assets	$273,353	64.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$387,775	85.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,694,832
Total Liabilities	$0
Net Assets	$7,694,832

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Choptank Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $954k (2024)

Expenses $545k (2024)

Total Assets $9.29M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$954k (2024)

Expenses

$545k (2024)

Total Assets

$9.29M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

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2003

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2002

Fiscal Year Ending Dec.
2001