Overview
What is Kappa Alpha Order Educational Foundation?
Kappa Alpha Order Educational Foundation is a nonprofit organization situated in Lexington, Virginia. Its primary mission is to support the educational initiatives of Kappa Alpha Order, focusing on academic excellence, team building, and leadership development. This is accomplished through various programs, including "The Crusade," an emphasis on academic achievement and character development. The Number I's Leadership Institute is an intensive retreat for the highest-ranking members of each Kappa Alpha Order chapter. Furthermore, the foundation organizes Province Councils, regional meetings held across the country, addressing a third of the Kappa Alpha Order's active membership. These meetings focus on risk management, personal development, and scholarship-related topics. Additionally, the foundation provides scholarships to deserving undergraduate and graduate students.
Official website here: www.kaoef.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 61%, Two-Star out of Four Star rating.
The Kappa Alpha Order Educational Foundation has received a score of 61%, indicating some challenges in its overall accountability and finance practices. While the charity excels in certain governance aspects, such as having a fully independent board and a robust audit committee, its accountability and finance score of 58 suggests room for improvement in financial management and transparency.
Strengths include a high score in culture and community (89), demonstrating a strong commitment to its mission and community engagement. Additionally, the foundation has implemented effective policies regarding conflicts of interest and document retention, which contributes to a transparent operational structure.
However, the lower accountability score raises concerns about financial oversight, and stakeholders may want to inquire further about the foundation's financial practices and the effectiveness of its programs. Overall, while the foundation shows promise in governance and community involvement, potential donors should consider the overall financial health and transparency of the organization before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Kappa Alpha Order Educational Foundation legitimate?
Kappa Alpha Order Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Alpha Order Educational 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: $186,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,651
For more financial information, click here
Official website here: www.kaoef.org
What is the mission statement of Kappa Alpha Order Educational Foundation?
The Kappa Alpha Order Educational Foundation's mission is centered around providing support for educational programs within the Kappa Alpha Order. It achieves this by granting funds and offering scholarships to deserving graduate and undergraduate students. The Foundation's initiatives, such as "The Crusade," emphasize academic excellence, team building, and leadership development. The Number I's Leadership Institute is a significant educational retreat for the highest-ranking officers in each KA chapter. Moreover, provincial council meetings, held across the country, focus on risk management, personal development, and scholarship, addressing one-third of the active KA membership.
Official website here: www.kaoef.org
Who is the CEO of Kappa Alpha Order Educational Foundation?
Larry S Wiese is the Chairman of Kappa Alpha Order Educational Foundation.
Official website here: www.kaoef.org
What is the revenue of Kappa Alpha Order Educational Foundation?
Kappa Alpha Order Educational Foundation's revenue in 2022 was $2,862,476.
Official website here: www.kaoef.org
Who are the executives of Kappa Alpha Order Educational Foundation and what are their salaries?
Here are 19 key members and their salaries:
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- Compensation: $186,279
- Related: $169,080
- Other: $38,368
Official website here: www.kaoef.org
Where can I find the form 990 for Kappa Alpha Order Educational Foundation?
Kappa Alpha Order Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kaoef.org
Learn more at the official website: www.kaoef.org
Mission Statement of Kappa Alpha Order Educational Foundation
The Kappa Alpha Order Educational Foundation serves a vital role in supporting the educational programs of Kappa Alpha Order. Its mission is twofold: providing grants for the educational initiatives of Kappa Alpha Order and offering scholarships to deserving undergraduate and graduate students. The foundation's primary focus on education is reflected in its flagship program, "The Crusade," which emphasizes academic excellence, team building, and leadership development.
Beyond financial support, the Kappa Alpha Order Educational Foundation also organizes the Number I's Leadership Institute, an intensive retreat for the highest-ranking officers of each Kappa Alpha Order chapter. This event offers an opportunity for these leaders to gain valuable information and skills, fostering a culture of strong leadership within the organization. Furthermore, the foundation hosts Province Councils, regional meetings that address a third of Kappa Alpha Order's active membership. These meetings cover essential topics such as risk management, personal development, and scholarship, ensuring that the organization's members are well-equipped to navigate various challenges and excel academically.
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Impact
July, 2024
The Kappa Alpha Order Educational Foundation's impact is notable in the realm of educational program support for Kappa Alpha Order. Through grants provided to the organization, the Foundation plays a crucial role in fostering academic excellence, team building, and leadership skills among Kappa Alpha members. Noteworthy initiatives such as "The Crusade" and the Number I's Leadership Institute offer intensive educational retreats and opportunities for personal and professional development for KA chapter officers. Additionally, the Foundation supports regional Province Councils, addressing a significant portion of KA's active membership on topics ranging from risk management to scholarship. Overall, the Foundation's commitment to education and leadership development has a tangible and positive impact on Kappa Alpha Order members' academic and personal growth.
This information is meant to be a general summary of Kappa Alpha Order Educational 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: $888,181
- Program Service Revenue: $346
- Gross Receipts: $14,287,004
Assets and Liabilities:
- Total Assets: $12,310,245
- Total Liabilities: $632,779
- Net Assets: $11,677,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMBURSEMENT FROM KAO
Revenue
$346
Organization Details
Founding Year
1982
Phone
(540) 463-1865Principal Officer
Larry S Wiese
Main Address
PO BOX 1865 115 LIBERTY HALL ROAD, LEXINGTON, VA, 24450
Website
www.kaoef.orgNTEE Category
Code: B83Z - Education
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