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Nonprofiteer
← DELTA UPSILON EDUCATIONAL FOUNDATION INC

Form 990 for tax year 2022

Filed by DELTA UPSILON EDUCATIONAL FOUNDATION INC.

Totals

Total revenue
$2,460,492
Total expenses
$1,786,994
Contributions and grants received
$2,235,139
Grants paid
$611,890
Program service revenue
$0
Investment income
$167,321
Other revenue
$58,032
Total assets, end of year
$9,282,499
Total liabilities, end of year
$121,697
Net assets or fund balances, end of year
$9,160,802
Program services expenses (Part IX)
$665,194
Management and general expenses
$545,686
Fundraising expenses
$576,114
Program service expenses (Part III)
$665,194

Program services were 37.2% 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

    $2,235,139

  • 1g · Noncash contributions included above

    $109,236

  • 3 · Investment income

    total $122,826 · excluded $122,826

  • 6a · Gross rents

    real property $58,032

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $58,032

  • 6d · Net rental income or loss

    total $58,032 · excluded $58,032

  • 7a · Gross sales of assets other than inventory

    securities $542,467

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

    securities $497,972

  • 7c · Gain or loss

    securities $44,495

  • 7d · Net gain or loss

    total $44,495 · excluded $44,495

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $492,761 · program services $492,761

  • 2 · Grants to domestic individuals

    total $119,129 · program services $119,129

  • 5 · Compensation of officers, directors and key employees

    total $309,076 · program services $30,908 · management and general $97,788 · fundraising $180,380

  • 7 · Other salaries and wages

    total $271,513 · program services $12,717 · management and general $88,675 · fundraising $170,121

  • 8 · Pension plan contributions

    total $7,611 · program services $233 · management and general $2,170 · fundraising $5,208

  • 9 · Other employee benefits

    total $26,545 · program services $2,277 · management and general $5,490 · fundraising $18,778

  • 10 · Payroll taxes

    total $37,238 · program services $2,839 · management and general $11,351 · fundraising $23,048

  • 11b · Fees: legal

    total $11,904 · management and general $11,904

  • 11c · Fees: accounting

    total $20,650 · management and general $20,650

  • 11e · Fees: professional fundraising services

    total $70,692 · fundraising $70,692

  • 11f · Fees: investment management

    total $23,419 · management and general $23,419

  • 11g · Fees: other

    total $5,340 · management and general $5,340

  • 13 · Office expenses

    total $804 · management and general $804

  • 14 · Information technology

    total $76,678 · management and general $76,678

  • 16 · Occupancy

    total $38,497 · management and general $38,497

  • 17 · Travel

    total $86,649 · program services $4,330 · management and general $19,304 · fundraising $63,015

  • 19 · Conferences, conventions and meetings

    total $48,059 · management and general $48,059

  • 22 · Depreciation, depletion and amortization

    total $24,672 · management and general $24,672

  • 23 · Insurance

    total $19,278 · management and general $19,278

  • 24a · Other expenses: IGNITE CAMPAIGN EXPENSE

    total $35,884 · fundraising $35,884

  • 24b · Other expenses: PRINTING

    total $25,032 · management and general $25,032

  • 24c · Other expenses: BANK AND CC FEES

    total $10,708 · management and general $10,708

  • 24d · Other expenses: POSTAGE AND SHIPPING

    total $7,740 · management and general $1,740 · fundraising $6,000

  • 24e · All other expenses

    total $17,115 · management and general $14,127 · fundraising $2,988

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,182,326 · end of year $1,441,058

  • 2 · Savings and temporary cash investments

    beginning of year $445,766 · end of year $395,548

  • 3 · Pledges and grants receivable

    beginning of year $754,342 · end of year $1,006,534

  • 4 · Accounts receivable

    beginning of year $997 · end of year $4,410

  • 9 · Prepaid expenses and deferred charges

    beginning of year $42,870 · end of year $43,395

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

    $935,367

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

    $619,925

  • 10c · Land, buildings and equipment, net

    beginning of year $338,632 · end of year $315,442

  • 11 · Investments: publicly traded securities

    beginning of year $3,238,582 · end of year $3,562,157

  • 12 · Investments: other securities

    beginning of year $2,139,188 · end of year $2,372,827

  • 15 · Other assets

    beginning of year $148,783 · end of year $141,128

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,317 · end of year $62,206

  • 18 · Grants payable

    beginning of year $49,924 · end of year $59,491

  • 27 · Net assets without donor restrictions

    beginning of year -$1,088,939 · end of year -$1,243,934

  • 28 · Net assets with donor restrictions

    beginning of year $9,329,184 · end of year $10,404,736

Mission and programs · 2022

Mission

TO PROVIDE EDUCATIONAL RESOURCES TO GRADUATE AND UNDERGRADUATE STUDENTS AND DELTA UPSILON INTERNATIONAL FRATERNITY.

Activities or mission (Part I)

EDUCATION AND DEVELOPMENT OF UNDERGRADUATES

  • CHAPTER EDUCATIONAL GRANTS: 1.) GRANTS GIVEN TO DELTA UPSILON CHAPTERS FOR THE PURCHASE, IMPROVEMENT, OR RENOVATION OF EDUCATIONAL EQUIPMENT AND SPACE AT THE CHAPTER FACILITIES. 2.) GRANTS TO DELTA UPSILON CHAPTERS FOR REGISTRATION AND OTHER EDUCATIONAL COSTS ASSOCIATED WITH DELTA UPSILON INTERNATIONAL FRATERNITY'S EDUCATIONAL PROGRAMMING OPPORTUNITIES.

    Expenses $437,986 · Grants $402,889

  • LEADERSHIP AND OTHER EDUCATIONAL PROGRAMMING: PROGRAMS IN CONNECTION WITH DELTA UPSILON INTERNATIONAL FRATERNITY INCLUDING THE FOLLOWING: 1.) LEADERSHIP INSTITUTE: A FOUR DAY CONFERENCE CONSISTING OF EDUCATIONAL PROGRAMS FOR DELTA UPSILON FRATERNITY UNDERGRADUATE LEADERS. 2.) REGIONAL LEADERSHIP ACADEMY: REGIONAL PROGRAMMING TO DEVELOP DELTA UPSILON FRATERNITY MEMBERSHIP LEADERSHIP SKILLS. 3.) WINTER EDUCATIONAL CONFERENCE: A THREE DAY LEADERSHIP PROGRAM FOR DELTA UPSILON FRATERNITY CHAPTER PRESIDENTS, FOCUSING ON IMPROVING LEADERSHIP SKILLS AND PERSONAL DEVELOPMENT. 4) DELTA UPSILON EMERGING LEADERS: EMERGING LEADERS EXPERIENCE PROVIDES LEADERSHIP AND SKILL DEVELOPMENT FOR FIRST YEAR DELTA UPSILON FRATERNITY UNDERGRADUATE MEMBERS.

    Expenses $41,354 · Grants $38,040

  • CHARITABLE OUTREACH PROGRAMS AND GRANTS: THESE INCLUDE THE FOLLOWING: 1.) GLOBAL SERVICE INITIATIVE: US AND INTERNATIONAL VOLUNTEER OPPORTUNITIES TO ENGAGE IN ACTIVE AND MEANINGFUL SERVICE FOR A WIDE RANGE OF ECONOMIC, POLITICAL, CULTURAL, AND SOCIAL ISSUES. THE PROGRAM INTEGRATES IMMERSION BASED EXPERIENCE WITH FOCUSED AND DELIBERATE SERVICE AND REFLECTION ACTIVITIES. 2.) GRANTS AND OTHER CHARITABLE EFFORTS TO SUPPORT OTHER EXEMPT ORGANIZATIONS WITH SIMILAR MISSIONS OR AS CHOSEN BY MEMBERSHIP OR THE BOARD OF TRUSTEES.

    Expenses $56,347 · Grants $51,832

  • OTHER EDUCATIONAL PROGRAMS: SCHOLARSHIPS BENEFITING DELTA UPSILON FRATERNITY UNDERGRADUATES, FOCUSING ON EDUCATION AND LEADERSHIP.

    Expenses $129,507 · Grants $119,129

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Roy F Allan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bruce S Bailey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • William J Bittner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Donald A Chew

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John A Delaney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas J Lee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • William C Rappolt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dr John T Weisel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nickolas D Welton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Daryl W Reisfeld

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lewis D Gregory

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Craig J Franz

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • P David Franzetta

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ralph W Castner

    VP OF INVESTMENTS

    Total calculated
    $0
    Hours/week
    1

  • Justin J Kirk

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    18

  • Ryan E King

    ASSOCIATE EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
8 May 2024
IRS schema version
2022v5.0
Source object
202441349349302379

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