Kappa Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 156022994 ✦ Ithaca, NY ✦ Designated as a 501(c)(7)

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Overview

What is Kappa Foundation Inc?

Kappa Foundation Inc, based in Ithaca, New York, is a nonprofit organization primarily dedicated to supporting undergraduate students who are members of a specific fraternity at Cornell University. Through its services, the foundation offers housing, meal plans, and a designated space for chapter activities, thereby facilitating their academic and social experiences. The foundation's mission is to contribute positively to the lives of these students, ensuring they have a comfortable and engaging campus environment.


Official website here: www.kappazbt.org

Is Kappa Foundation Inc legitimate?

Kappa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kappa Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kappazbt.org

What is the mission statement of Kappa Foundation Inc?

The Kappa Foundation's primary mission is to support undergraduate students who are part of a specific fraternity at Cornell University. It achieves this by providing them with housing, meal plans, and a designated space for chapter activities. The aim is to facilitate their university experience, offering them a structured environment for their fraternity activities. The foundation does not disclose any additional details about its objectives or the specific fraternity involved.


Official website here: www.kappazbt.org

Who is the CEO of Kappa Foundation Inc?

David Burrows is the President of Kappa Foundation Inc.


Official website here: www.kappazbt.org

What is the revenue of Kappa Foundation Inc?

Kappa Foundation Inc's revenue in 2023 was $176,035.


Official website here: www.kappazbt.org

Who are the executives of Kappa Foundation Inc and what are their salaries?

There 5 volunteers at Kappa Foundation Inc.


Here are 5 key members and their salaries:


David Burrows (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Goldstein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Coyne (Director-Alumnus Facility)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cimini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kappazbt.org

Where can I find the form 990 for Kappa Foundation Inc?

Kappa Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kappazbt.org

Learn more at the official website: www.kappazbt.org

Mission Statement of Kappa Foundation Inc

Kappa Foundation, a nonprofit organization, is dedicated to supporting undergraduate matriculated students at Cornell University who are part of a specific fraternity. Its mission is to provide these students with essential resources, including housing, meal plans, and a space where they can carry out chapter functions. By offering these amenities, Kappa Foundation aims to facilitate a conducive environment for the fraternity members' academic and social endeavors.

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Impact




October, 2024

Kappa Foundation Inc significantly enhances the collegiate experience for undergraduate students at Cornell University who are members of the fraternity. By providing essential services such as housing and meal plans, the foundation ensures that these students have a stable living environment conducive to academic success. Additionally, offering a dedicated space for chapter functions fosters community and leadership development, allowing members to engage in social, philanthropic, and educational activities. This support not only contributes to individual student well-being but also strengthens the fraternity as a whole, promoting collaboration and a sense of belonging within the campus community in Ithaca, NY. The foundation plays a crucial role in the overall educational journey of its members, enhancing their university life through structured support and resources.




This information is meant to be a general summary of Kappa Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$176,035 (2023)
Expenses
$133,745 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $170,950
  • Gross Receipts: $176,035

Assets and Liabilities:

  • Total Assets: $1,323,367
  • Total Liabilities: $311,069
  • Net Assets: $1,012,298

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTS

Revenue

$165,000

CHAPTER FUNDING

Revenue

$5,950

Organization Details

Founding Year

1946

Principal Officer

David Burrows

Main Address

CO SCIARABBA WALKER 410 E UPLAND, ITHACA, NY, 14850

NTEE Category

Code: B83 - Education

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