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Nonprofiteer
← ALPHA XI DELTA FOUNDATION

Form 990 for tax year 2022

Filed by ALPHA XI DELTA FOUNDATION.

Totals

Total revenue
$750,111
Total expenses
$663,564
Contributions and grants received
$320,529
Grants paid
$325,793
Program service revenue
$0
Investment income
$429,582
Other revenue
$0
Total assets, end of year
$8,835,996
Total liabilities, end of year
$43,744
Net assets or fund balances, end of year
$8,792,252
Program services expenses (Part IX)
$377,293
Management and general expenses
$180,844
Fundraising expenses
$105,427
Program service expenses (Part III)
$377,293

Program services were 56.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $320,529

  • 3 · Investment income

    total $192,506 · excluded $192,506

  • 7a · Gross sales of assets other than inventory

    securities $3,338,168

  • 7b · Less cost or other basis and sales expenses

    securities $3,101,092

  • 7c · Gain or loss

    securities $237,076

  • 7d · Net gain or loss

    total $237,076 · excluded $237,076

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $166,504 · program services $166,504

  • 2 · Grants to domestic individuals

    total $159,289 · program services $159,289

  • 11b · Fees: legal

    total $11,736 · management and general $11,736

  • 11c · Fees: accounting

    total $32,481 · management and general $32,481

  • 11f · Fees: investment management

    total $57,280 · management and general $57,280

  • 11g · Fees: other

    total $6,376 · management and general $376 · fundraising $6,000

  • 13 · Office expenses

    total $7,340 · program services $101 · management and general $6,585 · fundraising $654

  • 14 · Information technology

    total $1,250 · program services $1,250

  • 17 · Travel

    total $787 · management and general $787

  • 19 · Conferences, conventions and meetings

    total $1,459 · management and general $1,459

  • 23 · Insurance

    total $1,492 · management and general $1,492

  • 24a · Other expenses: REIMBURSED SALARIES & B

    total $162,307 · program services $49,149 · management and general $38,624 · fundraising $74,534

  • 24b · Other expenses: OPERATIONS COST SHARING

    total $30,000 · management and general $30,000

  • 24c · Other expenses: FUNDRAISING AND PROMOTI

    total $23,820 · fundraising $23,820

  • 24d · Other expenses: GIFTS AND SPONSORSHIPS

    total $1,000 · program services $1,000

  • 24e · All other expenses

    total $443 · management and general $24 · fundraising $419

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $268,314 · end of year $466,180

  • 3 · Pledges and grants receivable

    beginning of year $26,633 · end of year $54,691

  • 4 · Accounts receivable

    beginning of year $11,703 · end of year $8,020

  • 9 · Prepaid expenses and deferred charges

    beginning of year $80 · end of year $2,501

  • 11 · Investments: publicly traded securities

    beginning of year $8,603,266 · end of year $8,125,331

  • 15 · Other assets

    beginning of year $200,151 · end of year $179,273

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,510 · end of year $43,744

  • 27 · Net assets without donor restrictions

    beginning of year $3,589,769 · end of year $3,447,207

  • 28 · Net assets with donor restrictions

    beginning of year $5,490,868 · end of year $5,345,045

Mission and programs · 2022

Mission

THE MISSION OF THE ALPHA XI DELTA FOUNDATION IS TO CREATE OPPORTUNITIES FOR ALPHA XI DELTA FRATERNITY MEMBERS TO ENSURE ENDURING RESOURCES SO THE FRATERNITY CAN FULFILL HER MISSION. AS PART OF ITS MISSION, THE FOUNDATION WILL SUPPORT THE FRATERNITY'S EDUCATIONAL AND LEADERSHIP DEVELOPMENT PROGRAMMING; PROVIDE AND CONTINUE TO EXPAND SCHOLARSHIP, GRANTS AND MEMBER SUPPORT FUNDS; AND ENCOURAGE PHILANTHROPY.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $377,293 · Grants $325,793

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Andrea Fouberg

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Monica Broughton

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Peggy Coyne

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Lydia Bugli

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Laurel Amabile

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Battaglia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Julie Hummer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Lee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Katherine Martin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Perrett

    TRUSTEE/NATIONAL PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Courtney Peters

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Elysia Balster Gallivan

    NATIONAL EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, PART VII, LINE 5
THE NATIONAL EXECUTIVE DIRECTOR IS COMPENSATED BY AN AFFILIATED, BUT UNRELATED, ENTITY, ALPHA XI DELTA FRATERNITY. THE FOUNDATION REIMBURSED THE FRATERNITY $17,344 FOR THE EXECUTIVE DIRECTOR'S COMPENSATION FOR THE YEAR ENDED MAY 31, 2023.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
9 October 2023
IRS schema version
2022v5.0
Source object
202322859349300222

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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