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Nonprofiteer
← KAPPA DELTA FOUNDATION INC

Form 990 for tax year 2024

Filed by KAPPA DELTA FOUNDATION INC.

Totals

Total revenue
$5,399,263
Total expenses
$4,695,442
Contributions and grants received
$3,318,686
Grants paid
$2,907,463
Program service revenue
$0
Investment income
$2,080,577
Other revenue
$0
Total assets, end of year
$52,136,592
Total liabilities, end of year
$1,139,642
Net assets or fund balances, end of year
$50,996,950
Program services expenses (Part IX)
$2,953,636
Management and general expenses
$1,122,752
Fundraising expenses
$619,054
Program service expenses (Part III)
$2,953,636

Program services were 62.9% 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

    $3,318,686

  • 1g · Noncash contributions included above

    $50,615

  • 3 · Investment income

    total $1,174,410 · excluded $1,174,410

  • 7a · Gross sales of assets other than inventory

    securities $9,542,240

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

    securities $8,631,947 · other assets $4,126

  • 7c · Gain or loss

    securities $910,293 · other assets -$4,126

  • 7d · Net gain or loss

    total $906,167 · excluded $906,167

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,011,081 · program services $2,011,081

  • 2 · Grants to domestic individuals

    total $896,382 · program services $896,382

  • 7 · Other salaries and wages

    total $490,503 · program services $21,354 · management and general $306,503 · fundraising $162,646

  • 8 · Pension plan contributions

    total $10,428 · program services $454 · management and general $6,516 · fundraising $3,458

  • 9 · Other employee benefits

    total $33,472 · program services $1,457 · management and general $20,916 · fundraising $11,099

  • 10 · Payroll taxes

    total $39,515 · program services $1,720 · management and general $24,692 · fundraising $13,103

  • 11b · Fees: legal

    total $16,131 · management and general $2,712 · fundraising $13,419

  • 11c · Fees: accounting

    total $34,648 · management and general $34,648

  • 11e · Fees: professional fundraising services

    total $142,114 · fundraising $142,114

  • 11f · Fees: investment management

    total $146,788 · management and general $146,788

  • 11g · Fees: other

    total $94,282 · management and general $69,175 · fundraising $25,107

  • 12 · Advertising and promotion

    total $400 · fundraising $400

  • 13 · Office expenses

    total $76,459 · program services $8,955 · management and general $33,773 · fundraising $33,731

  • 14 · Information technology

    total $148,739 · management and general $92,978 · fundraising $55,761

  • 16 · Occupancy

    total $30,362 · management and general $23,894 · fundraising $6,468

  • 17 · Travel

    total $113,277 · management and general $108,744 · fundraising $4,533

  • 22 · Depreciation, depletion and amortization

    total $26,193 · management and general $20,614 · fundraising $5,579

  • 23 · Insurance

    total $61,011 · management and general $48,015 · fundraising $12,996

  • 24a · Other expenses: SORORITY STAFF SERVICES

    total $281,008 · program services $12,233 · management and general $175,595 · fundraising $93,180

  • 24b · Other expenses: BAD DEBT

    total $17,537 · fundraising $17,537

  • 24c · Other expenses: STEWARDSHIP GIFTS

    total $17,326 · fundraising $17,326

  • 24d · Other expenses: PROFESSIONAL DEVELOPMEN

    total $6,541 · management and general $6,442 · fundraising $99

  • 24e · All other expenses

    total $1,245 · management and general $747 · fundraising $498

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,917,207 · end of year $1,384,249

  • 3 · Pledges and grants receivable

    end of year $112,626

  • 4 · Accounts receivable

    beginning of year $5,143 · end of year $370

  • 9 · Prepaid expenses and deferred charges

    beginning of year $62,734 · end of year $144,766

  • 10a · Land, buildings and equipment: cost or other basis

    $82,212

  • 10b · Land, buildings and equipment: accumulated depreciation

    $56,326

  • 10c · Land, buildings and equipment, net

    beginning of year $44,444 · end of year $25,886

  • 11 · Investments: publicly traded securities

    beginning of year $45,729,641 · end of year $50,468,695

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,032,830 · end of year $653,699

  • 25 · Other liabilities

    beginning of year $62,988 · end of year $485,943

  • 27 · Net assets without donor restrictions

    beginning of year $26,503,107 · end of year $29,297,132

  • 28 · Net assets with donor restrictions

    beginning of year $20,160,244 · end of year $21,699,818

Mission and programs · 2024

Mission

THE KAPPA DELTA FOUNDATION UNITES SISTERS TO INVEST IN ONE ANOTHER, FOSTERING A LEGACY OF SUPPORT AND EMPOWERMENT. THROUGH SCHOLARSHIPS, LEADERSHIP PROGRAMS, CHARITABLE EFFORTS AND MEMBER ASSISTANCE, THE FOUNDATION ADVANCES THE MISSION OF KAPPA DELTA SORORITY AND INSPIRES A LIFETIME OF CONFIDENCE, GROWTH AND CONNECTION.

Activities or mission (Part I)

SECURE FUNDS FOR THE EDUCATIONAL, LEADERSHIP AND CHARITABLE PURPOSES OF KAPPA DELTA SORORITY.

  • SEE SCHEDULE O.LEADERSHIP PROGRAMMING AND PROFESSIONAL DEVELOPMENT: THE FOUNDATION SUPPORTS LEADERSHIP AND EDUCATIONAL INITIATIVES THAT BUILDS CONFIDENCE, FOSTERS PERSONAL AND PROFESSIONAL GROWTH, AND DEVELOPS SKILLS AND A LIFELONG COMMITMENT TO SERVICE AMONG MEMBERS. THROUGH THESE EFFORTS, THE FOUNDATION INVESTED IN THE NEXT GENERATION OF WOMEN LEADERS WHO WILL MAKE A MEANINGFUL DIFFERENCE IN THEIR COMMUNITIES AND PROFESSIONS. HIGHLIGHTS INCLUDED CRITICAL TRAINING AND PROFESSIONAL DEVELOPMENT FOR: PROFESSIONAL DEVELOPMENT FOR LEADERSHIP DEVELOPMENT CONSULTANTS, THE OFFICER EXPERIENCE INSTITUTE, NATIONAL CONVENTION PROGRAMMING, THE CONFIDENT CONVERSATIONS VIRTUAL SERIES, ARTICLES IN THE ANGELOS MAGAZINE, A GRANT TO FUND RESEARCH TO FURTHER STRENGTHEN THE SORORITY EXPERIENCE. MENTAL HEALTH EDUCATION AND MEMBER WELL-BEING PROGRAMS: KAPPA DELTA EMPOWERS OUR MEMBERS TO LEAD WITH CONFIDENCE, CARE AND CONNECTION. THOUSANDS OF COLLEGIANS AND ADVISORS ENGAGED IN KD'S VIRTUAL EDUCATION PLATFORM, GAINING ACCESSIBLE, HIGH-QUALITY TRAINING IN HAZING PREVENTION, HARM REDUCTION, ADVISOR EDUCATION AND MORE. THROUGH THE NAME YOUR STORY PROGRAM, MEMBERS LEARNED TO RECOGNIZE SIGNS OF STRESS, SUPPORT ONE ANOTHER AND STRENGTHEN THEIR MENTAL HEALTH. THE ALCOHOL SKILLS TRAINING PROGRAM (ASTP), A NEW INITIATIVE, ALSO ADVANCED OUR HARM-REDUCTION EFFORTS, ENCOURAGING HONEST CONVERSATIONS ABOUT SAFETY AND RESPONSIBLE CHOICES. TOGETHER, THESE EDUCATIONAL PROGRAMS CONTINUE OUR COMMITMENT TO PROVIDING SISTERS WITH TOOLS TO MAKE BRAVE DECISIONS FOR THEIR WELL-BEING.

    Expenses $341,570 · Grants $295,397

  • SCHOLARSHIPS: THE KAPPA DELTA FOUNDATION IS COMMITTED TO EASING THE FINANCIAL BURDEN FOR MEMBERS IN THEIR EDUCATIONAL PURSUITS. THE FOUNDATION AWARDED MERIT-BASED SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS, AS WELL AS ADDITIONAL NEED-BASED SCHOLARSHIPS THAT PROVIDE CRUCIAL FINANCIAL AID TO UNDERGRADUATE MEMBERS.

    Expenses $874,178 · Grants $874,178

  • PHILANTHROPIC GRANTS AND COMMUNITY IMPACT: THROUGH NATIONAL PARTNERSHIPS WITH ORGANIZATIONS INCLUDING PREVENT CHILD ABUSE AMERICA AND GIRL SCOUTS OF THE USA, THE FOUNDATION EXTENDED KAPPA DELTA'S REACH TO PROMOTE CHILD WELL-BEING, LEADERSHIP AND CONFIDENCE IN WOMEN AND GIRLS NATIONWIDE. ADDITIONALLY, THE FOUNDATION FUNDED KIDS GRANTS PROVIDED TO ALUMNAE AND CHAPTERS TO SUPPORT HANDS-ON COMMUNITY SERVICE PROJECTS THAT STRENGTHENED FAMILIES AND CREATED LOCAL IMPACT. GRANTS FURTHER SUPPORTED THE CHILDREN'S HOSPITAL OF RICHMOND AT VCU AND AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS RESEARCH AWARDS, AND ALUMNAE CRISIS GRANTS OFFERED EMERGENCY FINANCIAL ASSISTANCE TO ALUMNAE MEMBERS EXPERIENCING SEVERE HARDSHIP. TOGETHER, THESE PROGRAMS REFLECT KAPPA DELTA'S BELIEF THAT CONFIDENT WOMEN AND STRONG COMMUNITIES GROW SIDE BY SIDE.

    Expenses $1,092,639 · Grants $1,092,639

  • CHAPTER HOUSING EDUCATIONAL GRANTS: THE KAPPA DELTA FOUNDATION PROVIDED GRANTS THAT SUPPORTED RENOVATIONS OR CONSTRUCTION OF QUALIFYING EDUCATIONAL SPACES IN COLLEGIATE CHAPTER HOUSING.

    Expenses $645,249 · Grants $645,249

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michelle Rabideau

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Kirsten Kuykendoll

    VICE - CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Cheryl Sizer

    SECRETARY - TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Sarah Dubbert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Emily Feinstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Brandi Harper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Kathryn McGlynn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Kristin Power

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Anna Rich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Susan Stockton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Tove Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Jennifer Wood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Sandy Wysocki

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Margaret Waples

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Joelle Shearin

    DIRECTOR OF FINANCE

    Total calculated
    $0
    Hours/week
    10

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:
CERTAIN OFFICERS OF THE ORGANIZATION ARE COMPENSATED THROUGH KAPPA DELTA SORORITY. THE SORORITY IS UNRELATED TO THE FOUNDATION FOR 990 REPORTING PURPOSES. TOTAL COMPENSATION FROM THE PAID BY THE SORORITY AND ALLOCATED TO THE FOUNDATION WAS $61,406 FOR THE EXECUTIVE DIRECTOR AND $75,202 FOR THE DIRECTOR OF FINANCE.

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
15 December 2025
IRS schema version
2024v5.2
Source object
202533499349301413

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

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