Overview
What is Kappa Kappa Gamma Foundation?
The Kappa Kappa Gamma Foundation is a charitable organization situated in Dublin, Ohio. Its primary focus is to empower its members by offering financial aid and scholarships. These awards are granted to deserving individuals pursuing undergraduate and postgraduate education, considering factors such as academic merit, financial need, involvement, and leadership within the organization, campus, and community. The foundation also provides confidential assistance to qualified members of all ages who encounter unforeseen circumstances due to financial, medical, or disaster-related situations. The aid can take the form of one-time grants or ongoing support, catering to both undergraduate students and alumnae. In essence, the Kappa Kappa Gamma Foundation invests in its members by funding programs that cater to the evolving needs of women.
Official website here: www.kappa.org
What are the reviews and ratings of this charity?
**Rating: 92% (Four-Star out of Four Star Rating on Charity Navigator)**
The Kappa Kappa Gamma Foundation has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. This rating is derived solely from its accountability measures, indicating a well-managed organization with robust financial oversight, independent board governance, and a commitment to transparent operations. The foundation has demonstrated no issues with asset diversion and maintains sound financial ratios, ensuring the sustainability of its operations.
Key strengths of the organization include a fully independent board and effective financial controls, along with well-defined policies such as conflict of interest and whistleblower protections. While the foundation showcases a strong financial health score, the program expense ratio indicates that a substantial portion of their revenue goes towards administration and fundraising, which may raise questions about the amount allocated directly to programs and services.
It is noteworthy that the foundation has not yet completed assessments for its impact measurement, culture, and community engagement, which may limit a comprehensive understanding of its effectiveness in achieving its mission. User reviews from GreatNonprofits were not available for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kappa Kappa Gamma Foundation legitimate?
Kappa Kappa Gamma Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Kappa Gamma 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:
Executive Compensation: $50,382
Professional Fundraising Fees: $98,700
Other Salaries and Wages: $806,476
For more financial information, click here
Official website here: www.kappa.org
What is the mission statement of Kappa Kappa Gamma Foundation?
The Kappa Kappa Gamma Foundation's mission is centered around investing in its members by funding programs that cater to their evolving needs. This organization financially supports qualified individuals, both undergraduate and graduate students, through annual scholarships, considering factors such as academic merit, financial need, and involvement in the organization, campus, and community activities. Additionally, the foundation offers confidential aid to qualifying members of various ages who encounter unexpected financial, medical, or disaster situations, providing either one-time grants or ongoing support.
Official website here: www.kappa.org
What is the revenue of Kappa Kappa Gamma Foundation?
Kappa Kappa Gamma Foundation's revenue in 2024 was $9,599,311.
Official website here: www.kappa.org
Who are the executives of Kappa Kappa Gamma Foundation and what are their salaries?
There 40 volunteers at Kappa Kappa Gamma Foundation.
Here are 14 key members and their salaries:
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- Compensation: $113,561
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- Other: $22,874
Official website here: www.kappa.org
Where can I find the form 990 for Kappa Kappa Gamma Foundation?
Kappa Kappa Gamma Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kappa.org
Learn more at the official website: www.kappa.org
Mission Statement of Kappa Kappa Gamma Foundation
Kappa Kappa Gamma Foundation is committed to investing in its members by funding programs that address the evolving needs of women. This nonprofit organization believes in empowering its members through various initiatives. One of their primary activities is providing scholarships and financial aid to qualified recipients for undergraduate and graduate education. The selection criteria for these scholarships consider academic merit, financial need, and participation and leadership within the organization, campus, and community activities.
Beyond scholarships, Kappa Kappa Gamma Foundation also extends confidential aid to qualifying members of all ages who find themselves in unexpected circumstances due to financial, medical, or disaster situations. This aid can take the form of a one-time grant or ongoing support, and it is available to both undergraduate and alumnae members. This commitment to supporting its members during challenging times underscores the foundation's mission to invest in the well-being and success of its members.
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Impact
October, 2024
Kappa Kappa Gamma Foundation significantly impacts the lives of its members by providing essential financial support for education and unexpected hardships. Through the awarding of annual scholarships for both undergraduate and graduate education, the foundation empowers women based on academic achievement, financial need, and demonstrated leadership within both the organization and their communities.
Additionally, the foundation offers confidential aid to members facing unforeseen financial, medical, or disaster-related challenges, ensuring that support is accessible to individuals across all ages. This aid can vary from one-time grants to ongoing assistance, enabling members to navigate difficult times without added stress. By addressing the evolving needs of women, Kappa Kappa Gamma Foundation's initiatives foster resilience, growth, and a strong sense of community among its members.
This information is meant to be a general summary of Kappa Kappa Gamma 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 2024.
- Investment Income: $962,909
- Gross Receipts: $15,097,487
Assets and Liabilities:
- Total Assets: $53,485,327
- Total Liabilities: $916,104
- Net Assets: $52,569,223
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Organization Details
Founding Year
1989
Principal Officer
Maggie Coons
Website
www.kappa.orgNTEE Category
Code: B99 - Education
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