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Nonprofiteer
← ALPHA XI DELTA FOUNDATION

Form 990 for tax year 2023

Filed by ALPHA XI DELTA FOUNDATION.

Totals

Total revenue
$853,075
Total expenses
$609,505
Contributions and grants received
$363,337
Grants paid
$314,869
Program service revenue
$0
Investment income
$489,738
Other revenue
$0
Total assets, end of year
$10,120,289
Total liabilities, end of year
$24,987
Net assets or fund balances, end of year
$10,095,302
Program services expenses (Part IX)
$344,800
Management and general expenses
$164,990
Fundraising expenses
$99,715
Program service expenses (Part III)
$344,800

Program services were 56.6% 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

    $363,337

  • 3 · Investment income

    total $172,848 · excluded $172,848

  • 7a · Gross sales of assets other than inventory

    securities $3,663,859

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

    securities $3,346,969

  • 7c · Gain or loss

    securities $316,890

  • 7d · Net gain or loss

    total $316,890 · excluded $316,890

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $164,277 · program services $164,277

  • 2 · Grants to domestic individuals

    total $150,592 · program services $150,592

  • 11b · Fees: legal

    total $9,991 · management and general $9,991

  • 11c · Fees: accounting

    total $33,968 · management and general $33,968

  • 11f · Fees: investment management

    total $61,507 · management and general $61,507

  • 11g · Fees: other

    total $15,436 · management and general $436 · fundraising $15,000

  • 13 · Office expenses

    total $7,293 · program services $523 · management and general $6,014 · fundraising $756

  • 14 · Information technology

    total $3,208 · program services $3,208

  • 17 · Travel

    total $5,990 · program services $2 · management and general $5,318 · fundraising $670

  • 19 · Conferences, conventions and meetings

    total $10,548 · management and general $10,548

  • 24a · Other expenses: REIMBURSED SALARIES & B

    total $99,443 · program services $25,198 · management and general $14,840 · fundraising $59,405

  • 24b · Other expenses: FUNDRAISING & PROMOTION

    total $23,884 · fundraising $23,884

  • 24c · Other expenses: OPERATIONS COST SHARING

    total $20,000 · management and general $20,000

  • 24d · Other expenses: DUES AND MEMBERSHIPS

    total $1,500 · management and general $1,500

  • 24e · All other expenses

    total $1,868 · program services $1,000 · management and general $868

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $466,180 · end of year $481,342

  • 3 · Pledges and grants receivable

    beginning of year $54,691 · end of year $22,190

  • 4 · Accounts receivable

    beginning of year $8,020 · end of year $15,560

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,501 · end of year $2,410

  • 11 · Investments: publicly traded securities

    beginning of year $8,125,331 · end of year $9,346,767

  • 15 · Other assets

    beginning of year $179,273 · end of year $252,020

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,744 · end of year $24,987

  • 27 · Net assets without donor restrictions

    beginning of year $3,447,207 · end of year $3,936,345

  • 28 · Net assets with donor restrictions

    beginning of year $5,345,045 · end of year $6,158,957

Mission and programs · 2023

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 $344,800 · Grants $314,869

As filed on the 2023 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

  • Courtney Peters

    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

  • Elizabeth Battaglia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cathy Berdahl

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Deanna Bosselman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Monica Broughton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Megan Crouch

    TRUSTEE/NATIONAL PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Julie Hummer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christina-Marie McBreaty

    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 $17,663 FOR THE EXECUTIVE DIRECTOR'S COMPENSATION FOR THE YEAR ENDED MAY 31, 2024.

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
2023
Filed
4 October 2024
IRS schema version
2023v5.1
Source object
202412839349301201

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

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