Overview
What is Sigma Kappa Foundation?
The Sigma Kappa Foundation is a nonprofit organization, located in Carmel, Indiana, with a dedication to enriching the lives of its members. Through various activities, it supports educational and leadership development programs, providing grants totaling nearly $2 million since 1989. The foundation focuses on housing grants for educational spaces in local chapter houses, as well as funding emergent leader conferences, national conventions, and traveling leadership specialist programs. These initiatives aim to promote personal growth, leadership training, and supportive counseling for members, embodying its core value of personal development. The foundation also offers resources to help members navigate career challenges, emphasizing the importance of networking and self-discovery.
Official website here: www.sigmakappa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star Rating)
The Sigma Kappa Foundation has received a Three-Star rating from Charity Navigator, indicating a solid overall performance with a score of 78%. This rating reflects the charity's commitment to accountability and finance, which constitutes 90% of the overall score. The organization achieved high marks for having a fully independent board and strong financial oversight, demonstrating effective governance and transparency.
Strengths of the Sigma Kappa Foundation include its excellent score in the Culture & Community category, where it scored 81%. The foundation shows a commitment to equity practices, reporting the implementation of five strategies aimed at promoting equity within its operations. Moreover, the foundation's policies on conflict of interest and whistleblower protections indicate a robust framework to ensure ethical management and accountability.
However, the organization received a lower score in the program expense ratio, with only 55.33%, which could suggest that a smaller portion of its expenses directly supports its mission-related programs compared to its administrative costs. This aspect may warrant attention as the foundation aims to enhance its impact and efficiency in fulfilling its charitable vision.
This AI summary has been generated from information found on Charity Navigator.
Is Sigma Kappa Foundation legitimate?
Sigma Kappa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Kappa 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: $131,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $205,432
For more financial information, click here
Official website here: www.sigmakappa.org
What is the mission statement of Sigma Kappa Foundation?
The Sigma Kappa Foundation exists with the primary objective of enhancing the lives of its members. Through various activities, the foundation aims to support personal and leadership development, providing funding for programs totaling near $2 million since 1989. The foundation offers educational area grants to improve educational facilities in eligible chapters and relieve the burden on universities. It also funds leadership programs, such as the Emerging Leaders Conferences, to provide personal development opportunities for collegiate leaders. Additionally, the foundation supports educational programming during national conventions and provides individual and group counseling to chapter members through the Traveling Leadership Specialist (TLS) program. This program focuses on personal growth, networking, and relationship building, while also teaching the importance of self-discovery and having a strong support system.
Official website here: www.sigmakappa.org
Who is the CEO of Sigma Kappa Foundation?
Lisa Swiontek is the President of Sigma Kappa Foundation.
Official website here: www.sigmakappa.org
What is the revenue of Sigma Kappa Foundation?
Sigma Kappa Foundation's revenue in 2023 was $1,872,887.
Official website here: www.sigmakappa.org
Who are the executives of Sigma Kappa Foundation and what are their salaries?
The average compensation at Sigma Kappa Foundation during 2023 was $56,089. There are 6 employees and 175 volunteers at Sigma Kappa Foundation.
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- Compensation: $110,336
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- Other: $18,439
Official website here: www.sigmakappa.org
Where can I find the form 990 for Sigma Kappa Foundation?
Sigma Kappa Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sigmakappa.org
Learn more at the official website: www.sigmakappa.org
Mission Statement of Sigma Kappa Foundation
Sigma Kappa Foundation, a nonprofit organization, exists with a mission to enhance the lives of its members. This is achieved through various activities that cater to individual chapters, the fraternity/sorority community, the university community, and society in general. The foundation provides funding for programs and resources designed to promote personal and leadership development, amounting to nearly $2 million since its inception in 1989. Grants are granted under appropriate documentation, and they do not include foreign grants.
One of the primary focus areas of Sigma Kappa Foundation is educational grants. These grants are categorized into two main categories: educational area grants and charitable purpose grants. Educational area grants can be used for housing grants for purely educational spaces in local chapter houses, as long as the request complies with Internal Revenue Service requirements. The aim is to improve the educational facilities available at eligible chapters and alleviate some of the burden of providing study and library facilities from the local college or university.
Another significant component of Sigma Kappa Foundation's activities is education and leadership grants. Several educational and leadership programs have been supported by foundation grants. For instance, the Emerging Leaders Conferences (ELCS) is a leadership program for collegiate emerging leaders. Attendees at these conferences are typically in their first elected leadership position or have not yet held a leadership position within the chapter. The ELCS curriculum focuses on leadership training for all women, helping them develop personal skills, address feelings of imposter syndrome, and learn how to lead effectively.
In conclusion, Sigma Kappa Foundation's mission revolves around enhancing the lives of its members through various activities. It provides funding for programs and resources designed to promote personal and leadership development. The foundation also focuses on educational grants, which can be used for improving educational facilities at eligible chapters, and education and leadership grants, which support leadership programs for collegiate emerging leaders.
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Impact
October, 2024
The Sigma Kappa Foundation significantly enhances the lives of its members through a diverse array of programs designed to promote personal and leadership development. Since 1989, it has granted nearly $2 million to support initiatives that improve educational facilities, foster leadership skills, and address critical issues in both collegiate and broader community contexts.
One notable initiative is the Emerging Leaders Conferences, which empower new collegiate leaders by providing training focused on authentic leadership, personal values, and overcoming impostor syndrome. These conferences equip participants with the tools to not only lead within their chapter but also contribute positively to their communities.
In addition, the foundation supports educational space improvements at local chapters through Educational Area Grants, relieving some of the financial burdens on universities while enhancing study environments for students.
At the national level, the Sigma Kappa Foundation plays an essential role in organizing workshops and seminars that address pressing topics such as diversity, mental health, and career development. These educational programs are pivotal, especially in the wake of the COVID-19 pandemic, as they help students and alumnae navigate the evolving job market, articulate their value, and enhance their career readiness.
Furthermore, the Traveling Leadership Specialist grant facilitates personalized leadership training and development for chapter members, ensuring they gain crucial skills in collaboration, leadership, and resilience. This program fosters both personal growth and a strong support network among members.
Overall, the Sigma Kappa Foundation's impact is profound, reinforcing its mission to cultivate well-rounded, confident women who are equipped to face the challenges of today's world and contribute meaningfully to their communities.
This information is meant to be a general summary of Sigma Kappa 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 2023.
- Investment Income: $606,578
- Gross Receipts: $2,976,312
Assets and Liabilities:
- Total Assets: $9,369,444
- Total Liabilities: $418,464
- Net Assets: $8,950,980
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Organization Details
Founding Year
1989
Phone
(317) 872-3275Principal Officer
Lisa Swiontek
Main Address
695 PRO MED LANE 300, CARMEL, IN, 46032
Website
www.sigmakappa.orgNTEE Category
Code: B83I - Education
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