Overview
What is Kappa Delta Foundation Incorporated?
Kappa Delta Foundation Incorporated, located in Memphis, Tennessee, is a nonprofit organization dedicated to supporting the educational, leadership, and charitable pursuits of Kappa Delta Sorority. The foundation accomplishes this mission by granting financial aid to nonprofit organizations that share similar objectives. With a team of nine dedicated individuals, the foundation aims to promote academic excellence and offer leadership programming, contributing positively to various communities.
Official website here: www.kappadelta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Stars
Kappa Delta Foundation Incorporated has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and transparency. With a high impact and measurement score of 100, the organization demonstrates effective strategies and evaluation methods to assess its contributions to the community. Additionally, it boasts full compliance with essential policies and practices, reflecting its dedication to ethical governance.
One of the foundation’s notable strengths is its fully independent board, comprising 100% independent members, which enhances its decision-making and oversight capabilities. The financial metrics are also commendable, with a low liabilities to assets ratio of 2.84% and a strong working capital ratio of 13.94 years, suggesting excellent financial health and sustainability. The fundraising efficiency indicates a cost-effective approach, raising funds at just $0.20 per dollar.
However, while the program expense ratio is at 62.27%, which could indicate room for improvement in terms of allocating resources directly to programs, the overall effectiveness in collecting and using constituent feedback is exemplary. With perfect scores in feedback collection, usage, and practices, the foundation shows a robust commitment to understanding and responding to the needs of those it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Kappa Delta Foundation Incorporated legitimate?
Kappa Delta Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Delta Foundation Incorporated 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: $51,384
Professional Fundraising Fees: $120,261
Other Salaries and Wages: $486,579
For more financial information, click here
Official website here: www.kappadelta.org
What is the mission statement of Kappa Delta Foundation Incorporated?
The Kappa Delta Foundation Incorporated's mission is centered around securing funds for the educational, leadership, and charitable pursuits of the Kappa Delta Sorority. This mission is carried out by providing financial grants to nonprofit organizations that align with the foundation's objectives, focusing on providing charitable services, leadership programming, and promoting academic excellence. By supporting these organizations, the Kappa Delta Foundation contributes to the broader community, furthering its commitment to the sorority's values and goals.
Official website here: www.kappadelta.org
What is the revenue of Kappa Delta Foundation Incorporated?
Kappa Delta Foundation Incorporated's revenue in 2024 was $10,606,030.
Official website here: www.kappadelta.org
Who are the executives of Kappa Delta Foundation Incorporated and what are their salaries?
The average compensation at Kappa Delta Foundation Incorporated during 2024 was $59,774. There are 9 employees and 193 volunteers at Kappa Delta Foundation Incorporated.
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Official website here: www.kappadelta.org
Where can I find the form 990 for Kappa Delta Foundation Incorporated?
Kappa Delta Foundation Incorporated's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kappadelta.org
Learn more at the official website: www.kappadelta.org
Mission Statement of Kappa Delta Foundation Incorporated
Kappa Delta Foundation Incorporated is dedicated to achieving its mission, which primarily involves securing financial resources for the educational, leadership, and charitable endeavors of Kappa Delta Sorority. By fulfilling this objective, the foundation supports various nonprofit organizations that share similar goals, such as providing charitable services, leadership programming, and promoting academic excellence. The foundation's mission is crucial in upholding the values and ideals of Kappa Delta Sorority and contributing positively to the community.
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Impact
July, 2024
Kappa Delta Foundation Incorporated's impact is centered around securing funds for the educational, leadership, and charitable purposes of Kappa Delta Sorority. By providing financial grants to organizations that promote charitable services, leadership programming, and academic excellence, the foundation plays a vital role in supporting these initiatives. Based in Memphis, TN, the foundation's mission is to serve the educational and leadership needs of Kappa Delta Sorority through fundraising and support.
This information is meant to be a general summary of Kappa Delta Foundation Incorporated. 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: $1,207,408
- Gross Receipts: $69,975,606
Assets and Liabilities:
- Total Assets: $41,131,121
- Total Liabilities: $679,600
- Net Assets: $40,451,521
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Organization Details
Founding Year
1981
Principal Officer
Maggie Waples
Website
www.kappadelta.orgNTEE Category
Code: B820 - Education
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