Overview
What is Kappa Alpha Theta Foundation?
Kappa Alpha Theta Foundation is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to empower and strengthen its members through philanthropy and education. The foundation accomplishes this by granting funds to individuals and organizations for educational and leadership training programs. By managing and securing resources, they support the scholastic, professional, and service pursuits of Kappa Alpha Theta fraternity members, enabling them to reach their full potential and contribute positively to the world.
Official website here: www.kappaalphathetafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Kappa Alpha Theta Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based exclusively on their Accountability & Finance metrics, where they scored 94%. The foundation demonstrates strong governance practices, including a fully independent board and effective oversight mechanisms, which contribute significantly to its overall rating.
Strengths of the foundation include its excellent management of assets and financial transparency. With a very low liability-to-asset ratio of 0.82% and a strong working capital ratio of 16.91 years, the organization shows solid fiscal responsibility. It also scored highly in fundraising efficiency, managing to raise a significant amount with minimal fundraising costs, demonstrating effective resource allocation.
While the foundation excels in many areas, its program expense ratio of 62.33% indicates there may be room for improvement in terms of how much of its expenditures directly support its programs. Overall, the Kappa Alpha Theta Foundation is recognized for its strong financial practices and governance, making it a reliable choice for donors seeking to support a responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kappa Alpha Theta Foundation legitimate?
Kappa Alpha Theta Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Alpha Theta 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: $185,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $455,167
For more financial information, click here
Official website here: www.kappaalphathetafoundation.org
What is the mission statement of Kappa Alpha Theta Foundation?
The Kappa Alpha Theta Foundation's mission is centered around strengthening and empowering its members. This is accomplished through philanthropy and education. The foundation's primary role is to secure and manage resources for the educational, leadership, and philanthropic programs of the fraternity. These resources are aimed at helping its members achieve their full potential and make a positive impact in the world. The foundation provides grants to individuals or organizations for educational and leadership training programs, thereby contributing to the members' scholastic, professional, and service pursuits.
Official website here: www.kappaalphathetafoundation.org
Who is the CEO of Kappa Alpha Theta Foundation?
Tara Condon is the President of Kappa Alpha Theta Foundation.
Official website here: www.kappaalphathetafoundation.org
What is the revenue of Kappa Alpha Theta Foundation?
Kappa Alpha Theta Foundation's revenue in 2023 was $4,162,102.
Official website here: www.kappaalphathetafoundation.org
Who are the executives of Kappa Alpha Theta Foundation and what are their salaries?
There 273 volunteers at Kappa Alpha Theta Foundation.
Here are 11 key members and their salaries:
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- Related: $152,589
- Other: $30,623
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- Related: $1,804
- Other: $62
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Official website here: www.kappaalphathetafoundation.org
Where can I find the form 990 for Kappa Alpha Theta Foundation?
Kappa Alpha Theta Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kappaalphathetafoundation.org
Learn more at the official website: www.kappaalphathetafoundation.org
Mission Statement of Kappa Alpha Theta Foundation
The Kappa Alpha Theta Foundation is dedicated to strengthening and empowering its members by providing philanthropic and educational opportunities. This organization manages and secures resources to support the educational, leadership, and philanthropic initiatives of the Kappa Alpha Theta fraternity. The foundation's mission is to help its members reach their full potential and make a positive impact on the world. To achieve this, it grants funds to individuals or organizations for educational and leadership training programs. These programs aim to equip members with the necessary skills to excel in their scholastic, professional, and service pursuits, thereby enabling them to make a difference in society.
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Impact
October, 2024
Kappa Alpha Theta Foundation makes a significant impact by strengthening and empowering its members through targeted philanthropy and educational initiatives. The foundation provides grants to individuals and organizations, focusing on educational and leadership training programs that equip members with vital skills for personal and professional growth.
Based in Indianapolis, the foundation plays a crucial role in securing and managing resources dedicated to enhancing the educational, leadership, and philanthropic endeavors of the fraternity. By supporting its members' scholastic, professional, and service pursuits, the foundation helps individuals reach their fullest potential and encourages them to make meaningful differences in their communities and beyond. Ultimately, Kappa Alpha Theta Foundation fosters a culture of empowerment that resonates throughout the lives of its members and their impact on the world.
This information is meant to be a general summary of Kappa Alpha Theta 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: $1,186,117
- Gross Receipts: $10,264,890
Assets and Liabilities:
- Total Assets: $42,187,004
- Total Liabilities: $346,943
- Net Assets: $41,840,061
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Organization Details
Founding Year
1960
Phone
(317) 876-1870Principal Officer
Tara Condon
Main Address
8740 FOUNDERS ROAD, INDIANAPOLIS, IN, 46268
NTEE Category
Code: B83I - Education
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