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Mission Statement

Originally formed in 1930 by Pierre S. du Pont and headquartered in Wilmington, Delaware, the Welfare Foundation is a IRS 501(c)(3) nonprofit organization that uses its financial assets and the income they generate to promote the social welfare of people and communities across the State of Delaware and in southern Chester County, Pennsylvania. 

Grant Recipient Spotlight

Through the creation of a robust oyster aquaculture industry, Delaware’s Inland Bays watershed has the potential to provide an estimated $4.5 billion dollars in economic value and approximately 35,000 jobs to the state economy. In addition, oyster aquaculture has been shown elsewhere to help offset environmental degradation, to improve the health of marine ecosystems, including improving marine and bird habitats, and to bolster tourism. 

 

University of Delaware is proud to announce the creation of a new Fisheries & Aquaculture Innovation Center (FAIC) that will enhance the coastal economy, provide educational experiences for students and the public, improve research capabilities, and create opportunities for private partnerships with University of Delaware and Delaware State University. 

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A new Fisheries & Aquaculture Innovation Center supported by Welfare grant funding will allow for the expansion of coastal businesses, and environmental benefits in Delaware. 

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