Skip to content
Nonprofiteer
← DELTA UPSILON EDUCATIONAL FOUNDATION INC

Form 990 for tax year 2024

Filed by DELTA UPSILON EDUCATIONAL FOUNDATION INC.

Totals

Total revenue
$3,434,592
Total expenses
$2,919,682
Contributions and grants received
$2,548,117
Grants paid
$1,916,166
Program service revenue
$0
Investment income
$730,219
Other revenue
$156,256
Total assets, end of year
$11,314,021
Total liabilities, end of year
$554,643
Net assets or fund balances, end of year
$10,759,378
Program services expenses (Part IX)
$2,242,406
Management and general expenses
$472,372
Fundraising expenses
$204,904
Program service expenses (Part III)
$2,242,406

Program services were 76.8% 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

    $2,548,117

  • 1g · Noncash contributions included above

    $221,554

  • 3 · Investment income

    total $168,128 · excluded $168,128

  • 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 $562,091

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

    securities $0

  • 7c · Gain or loss

    securities $562,091

  • 7d · Net gain or loss

    total $562,091 · excluded $562,091

  • 11a · Other revenue: BAD DEBT RECOVERY

    total $98,224 · related or exempt $98,224

  • 11e · Other revenue, total

    $98,224

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,801,691 · program services $1,801,691

  • 2 · Grants to domestic individuals

    total $114,475 · program services $114,475

  • 11b · Fees: legal

    total $7,959 · management and general $7,959

  • 11c · Fees: accounting

    total $45,500 · management and general $45,500

  • 11e · Fees: professional fundraising services

    total $79,682 · fundraising $79,682

  • 11f · Fees: investment management

    total $32,314 · management and general $32,314

  • 11g · Fees: other

    total $5,572 · management and general $5,572

  • 12 · Advertising and promotion

    total $353 · fundraising $353

  • 13 · Office expenses

    total $65,292 · program services $29,159 · management and general $28,308 · fundraising $7,825

  • 14 · Information technology

    total $68,900 · program services $30,766 · management and general $29,871 · fundraising $8,263

  • 16 · Occupancy

    total $35,842 · management and general $35,842

  • 17 · Travel

    total $31,986 · program services $1,347 · management and general $1,308 · fundraising $29,331

  • 19 · Conferences, conventions and meetings

    total $29,028 · program services $10,351 · management and general $7,614 · fundraising $11,063

  • 22 · Depreciation, depletion and amortization

    total $23,877 · management and general $23,877

  • 23 · Insurance

    total $324 · management and general $324

  • 24a · Other expenses: REIMBURSED PAYROLL EXPE

    total $570,378 · program services $254,617 · management and general $247,374 · fundraising $68,387

  • 24b · Other expenses: OTHER EXPENSES

    total $6,509 · management and general $6,509

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,790,033 · end of year $409,655

  • 2 · Savings and temporary cash investments

    beginning of year $340,775 · end of year $697,390

  • 3 · Pledges and grants receivable

    beginning of year $1,256,321 · end of year $1,501,793

  • 4 · Accounts receivable

    beginning of year $136,130 · end of year $111,333

  • 9 · Prepaid expenses and deferred charges

    beginning of year $44,412 · end of year $11,849

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

    $935,367

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

    $668,129

  • 10c · Land, buildings and equipment, net

    beginning of year $291,394 · end of year $267,238

  • 11 · Investments: publicly traded securities

    beginning of year $5,126,913 · end of year $8,284,800

  • 12 · Investments: other securities

    beginning of year $1,977,307

  • 15 · Other assets

    beginning of year $0 · end of year $29,963

  • 17 · Accounts payable and accrued expenses

    beginning of year $432,795 · end of year $554,643

  • 27 · Net assets without donor restrictions

    beginning of year -$1,347,327 · end of year -$1,347,327

  • 28 · Net assets with donor restrictions

    beginning of year $11,877,817 · end of year $12,106,705

Mission and programs · 2024

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 $1,569,220 · Grants $1,569,220

  • LEADERSHIP AND OTHER EDUCATIONAL PROGRAMS: PROGRAMS IN CONNECTION WITH DELTA UPSILON INTERNATIONAL FRATERNITY INCLUDING THE FOLLOWING: 1) LEADERSHIP CONFERENCE: A FOUR DAY CONCLAVE PROVIDING LEADERSHIP, PROGRAMS FOR DELTA UPSILON FRATERNITY UNDERGRADUATE LEADERS. 2) REGIONAL LEADERSHIP CONFERENCE: REGIONAL PROGRAMS 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 $558,711 · Grants $232,471

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

    Expenses $4,500 · Grants $4,500

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

    Expenses $109,975 · Grants $109,975

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

Listed in Part VII

  • Lewis D Gregory

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Craig G Franz

    VICE CHAIMAN

    Total calculated
    $0
    Hours/week
    1

  • Ralph W Castner

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Roy F Allan

    SECRETARY

    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

  • P David Franzetta

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas J Lee

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christopher L Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • William C Rappolt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Daryl W Reisfeld

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nickolas D Welton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Justin Kirk

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    18

  • Ryan E King

    CHIEF ADVANCEMENT OFFICER

    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.

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:
OFFICERS ARE EMPLOYED BY DELTA UPSILON INTERNATIONAL FRATERNITY. THE FOUNDATION REIMBURSES THE FRATERNITY FOR PORTIONS OF THEIR SALARIES. FOR CALENDAR YEAR 2024, COMPENSATION TO THE EXECUTIVE DIRECTOR WAS $143,106, OF WHICH 50% WAS REIMBURSED BY THE FOUNDATION. FOR CALENDAR YEAR 2024, COMPENSATION TO THE CHIEF ADVANCEMENT OFFICER WAS 205,684, OF WHICH 100% WAS REIMBURSED BY THE FOUNDATION.

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
2024
Filed
15 May 2026
IRS schema version
2024v5.5
Source object
202601359349306640

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

The source document this was parsed from is served over the API, which is where bulk and document access live.