Mission
DRWC'S MISSION IS TO MAINTAIN AND PROMOTE THE USE AND DEVELOPMENT OF THE CITY OF PHILADELPHIA'S WATERFRONT. THIS TASK IS OF VITAL IMPORTANCE TO THE CITY AND ONE WHICH THE CITY WOULD OTHERWISE BE RQUIRED TO PERFORM ABSENT THE DRWC.
Public Charity
DELAWARE RIVER WATERFRONT CORPORATION
Based in PHILADELPHIA, PA, DELAWARE RIVER WATERFRONT CORPORATION operates as a Public Charity. The organization reported $18.4M in revenue, $19.7M in expenses, $94.8M in total assets for fiscal year 2025. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $205K.
EIN: 231734559
PHILADELPHIA, PA
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$18.4M
Total Expenses$19.7M
Total Assets$94.8M
Grant Records7
Funding Total$205K
Filing Years2021–2025
Where $100 goes at Delaware River Waterfront Corporation
How Delaware River Waterfront Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$85
Programs
the work itself
$14
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $85 for programs
$55
Drwc is dedicated to the planning, design, development and management of the central Delaware River Waterfront in Philadelphia, defined as the six-mile stretch of the central delaware, which…
$21
Drwc engages in a variety of activities in support of its mission, on behalf of the city, of maintaining and promoting the use and development of city's central…
$9
Drwc remains steadfast in its commitment to free public programing on the waterfront at penn's landing
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
DESIGN WETLANDS PARK ON DELAWARE RIVER PIERS
$150,000
TRAIL DEVELOPMENT
$50,000
ANTI-RACIST AND TRAUMA-INFORMED TRAINING, FACILITATION, AND RELATIONSHIP BUILDING
$5,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
DIRECTOR
Angela Val
DIRECTOR
Avi Eden
DIRECTOR / SECRETARY
Bill Hankowsky
DIRECTOR
Bill Wilson
DIRECTOR
Diane Dalto Woosnam
DIRECTOR
Donn Scott
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $18.4M | $19.7M | $94.8M |
| 2024 | $17.5M | $17.8M | $60.5M |
| 2023 | $18.5M | $17.4M | $52.8M |
| 2022 | $19.8M | $17.9M | $138.5M |
| 2021 | $24.9M | $25.0M | $26.6M |
Between 2021 and 2025, reported annual revenue declined from $24.9M to $18.4M (-26%), with total assets most recently reported at $94.8M.
Interactive year-over-year charts and full filing details available with membership.