Overview
What is Kappa Delta Rho Foundation?
The Kappa Delta Rho Foundation is a charitable and educational nonprofit organization based in Pittsburgh, Pennsylvania. Its primary objective is to offer scholarships directly to deserving students, including members of the Kappa Delta Rho fraternity, to help them complete their college education. Additionally, the foundation provides grants to the National Fraternity of Kappa Delta Rho, Inc., to bolster their leadership and educational programs for their enrolled members in colleges and universities. This support aims to foster personal growth and development within the fraternity.
Official website here: www.kdr.com/foundation/about/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
The Kappa Delta Rho Foundation has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, indicating a high level of trustworthiness and effective management. With an impressive Accountability & Finance Score of 94%, the organization demonstrates strong financial health and transparency, which is essential for fostering donor confidence.
One of the foundation's notable strengths is its governance structure, characterized by 100% independent board members. This independence is crucial in ensuring unbiased decision-making and effective oversight. Additionally, the foundation's financial practices, including a solid audit and oversight committee, contribute to its ability to manage funds responsibly, as evidenced by a low liabilities to assets ratio of 0.54%.
However, while the organization shows a healthy program expense ratio of 68.27%, there is always room for improvement in maximizing the impact of each dollar spent. Overall, the Kappa Delta Rho Foundation is well-regarded for its accountability and financial integrity, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Kappa Delta Rho Foundation legitimate?
Kappa Delta Rho Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Delta Rho Foundation 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:
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Other Salaries and Wages: $34,800
For more financial information, click here
Official website here: www.kdr.com/foundation/about/
What is the mission statement of Kappa Delta Rho Foundation?
The Kappa Delta Rho Foundation's mission is primarily focused on charitable and educational endeavors. It provides scholarships directly to deserving students, including members of the Kappa Delta Rho fraternity, to aid them in completing their college education. Additionally, the foundation grants funds directly to the National Fraternity of Kappa Delta Rho, Inc., supporting their leadership and educational programs designed for their members enrolled in colleges and universities.
Official website here: www.kdr.com/foundation/about/
Who is the CEO of Kappa Delta Rho Foundation?
Brian J Stumm is the Member Trustee of Kappa Delta Rho Foundation.
Official website here: www.kdr.com/foundation/about/
What is the revenue of Kappa Delta Rho Foundation?
Kappa Delta Rho Foundation's revenue in 2022 was $773,592.
Official website here: www.kdr.com/foundation/about/
Who are the executives of Kappa Delta Rho Foundation and what are their salaries?
There 75 volunteers at Kappa Delta Rho Foundation.
Here are 16 key members and their salaries:
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Official website here: www.kdr.com/foundation/about/
Where can I find the form 990 for Kappa Delta Rho Foundation?
Kappa Delta Rho Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kdr.com/foundation/about/
Learn more at the official website: www.kdr.com/foundation/about/
Mission Statement of Kappa Delta Rho Foundation
The Kappa Delta Rho Foundation, with its primary purpose being both charitable and educational, aims to support worthy students, including members of the National Fraternity of Kappa Delta Rho, Inc., in continuing and completing their college education by providing them with scholarships directly. Furthermore, the foundation grants funds directly to the National Fraternity of Kappa Delta Rho, Inc., to bolster their leadership and educational programs designed for their members who are currently enrolled in colleges and universities. By doing so, the Kappa Delta Rho Foundation plays a significant role in fostering the academic growth and development of its beneficiaries, thereby contributing to the broader educational landscape.
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Impact
October, 2024
The Kappa Delta Rho Foundation significantly impacts higher education by providing scholarships to deserving students, particularly members of the Kappa Delta Rho fraternity. These scholarships play a crucial role in helping students continue and complete their college education, alleviating some of the financial burdens they may face.
Alongside scholarships, the Foundation also grants funds to the national fraternity, which supports various leadership and educational programs aimed at further developing member skills and enhancing their collegiate experience. Through these initiatives, the Foundation fosters academic achievement and personal growth, ensuring that its beneficiaries are well-equipped for their future endeavors. The focus on education and leadership significantly contributes to building a strong sense of community and empowering individuals within the fraternity.
This information is meant to be a general summary of Kappa Delta Rho Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $85,704
- Gross Receipts: $828,441
Assets and Liabilities:
- Total Assets: $5,332,798
- Total Liabilities: $39,112
- Net Assets: $5,293,686
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Organization Details
Founding Year
1983
Phone
(724) 838-7100Principal Officer
Brian J Stumm
Main Address
PO BOX 536834, PITTSBURGH, PA, 152536800
NTEE Category
Code: B82P - Education
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