Overview
What is Mu Of Dke Foundation?
The Mu Of Dke Foundation is a nonprofit organization situated in Hamilton, New York. Its primary focus lies in providing scholarship grants to students enrolled at Colgate University who are members of the Delta Kappa Epsilon fraternity. The foundation's committee reviews applications based on various factors, including scholastic performance, enrollment, service, and leadership to the college, community, and fraternal organization. Additionally, the organization extends its charitable contributions to qualified organizations, as determined by its committee.
Official website here: www.mudke.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Mu Of Dke Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and accountability. The overall score of 57% suggests that while certain governance practices are strong, particularly the independence of the board members, there are critical weaknesses in financial management and program expenses.
Strengths of the organization include a fully independent board, a robust conflict of interest policy, and documentation practices that are compliant with regulations. The foundation has a solid score in areas such as material diversion of assets and transparency regarding board meeting minutes. However, despite these governance strengths, the foundation's financial metrics are troubling, notably with a program expense ratio of only 36.11%, indicating that a significant portion of funds may not be allocated to mission-driven activities.
In summary, while the Mu Of Dke Foundation demonstrates good governance practices, its low program expense ratio and lack of financial stability raise red flags for potential donors. It is essential for stakeholders to consider these factors when evaluating the organization's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mu Of Dke Foundation legitimate?
Mu Of Dke Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mu Of Dke 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.
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Official website here: www.mudke.org
What is the mission statement of Mu Of Dke Foundation?
The Mu Of Dke Foundation primarily focuses on providing scholarship grants to students enrolled at Colgate University who are members of the Delta Kappa Epsilon fraternity. The foundation's committee reviews applications and evaluates candidates based on their scholastic performance, enrollment status, service, and leadership to the college, community, and fraternal organization. Additionally, the organization distributes funds to qualified charitable organizations, as determined by its committee.
Official website here: www.mudke.org
Who is the CEO of Mu Of Dke Foundation?
Joseph Vogler is the Trustee of Mu Of Dke Foundation.
Official website here: www.mudke.org
What is the revenue of Mu Of Dke Foundation?
Mu Of Dke Foundation's revenue in 2022 was $103,665.
Official website here: www.mudke.org
Who are the executives of Mu Of Dke Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.mudke.org
Where can I find the form 990 for Mu Of Dke Foundation?
Mu Of Dke Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mudke.org
Learn more at the official website: www.mudke.org
Mission Statement of Mu Of Dke Foundation
The Mu Of Dke Foundation, a philanthropic organization, is committed to providing scholarship grants to students who are enrolled at Colgate University and are members of Delta Kappa Epsilon fraternity. The foundation's committee reviews applications meticulously, evaluating each candidate based on their scholastic performance, enrollment status, service to the college, community, and fraternal organization. In addition to supporting its fellow fraternity members, the Mu Of Dke Foundation extends its generosity to qualified charitable organizations, making distributions at its discretion. The mission of this foundation is to invest in the academic and personal growth of its recipients, as well as contribute to the betterment of various charitable causes.
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Impact
October, 2024
Mu Of Dke Foundation significantly impacts the Colgate University community by providing scholarship grants to students who are members of the Delta Kappa Epsilon fraternity. This support is crucial for fostering academic achievement, as the foundation reviews applications based on scholastic performance, community involvement, and leadership qualities. By recognizing and rewarding students' dedication to their studies and contributions to the college and local community, the foundation enhances the educational experiences of its recipients.
Additionally, the foundation's commitment to distributing grants to other charitable organizations helps broaden its impact beyond campus, supporting a variety of causes and initiatives that benefit the community at large. Through these efforts, Mu Of Dke Foundation not only invests in the future of individual students but also strengthens the values of service and leadership within the fraternity and the wider Hamilton community.
This information is meant to be a general summary of Mu Of Dke 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: $56,894
- Gross Receipts: $203,654
Assets and Liabilities:
- Total Assets: $2,345,777
- Total Liabilities: $0
- Net Assets: $2,345,777
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Organization Details
Founding Year
1984
Phone
(212) 734-6472Principal Officer
Joseph Vogler
Main Address
P O BOX 157, HAMILTON, NY, 13346
Website
www.mudke.orgNTEE Category
Code: B83 - Education
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