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Nonprofiteer
← DAUGHTERS OF PENELOPE FOUNDATION INC

Form 990 for tax year 2023

Filed by DAUGHTERS OF PENELOPE FOUNDATION INC.

Totals

Total revenue
$97,284
Total expenses
$60,977
Contributions and grants received
$67,334
Grants paid
$37,250
Program service revenue
$9,526
Investment income
$20,424
Other revenue
$0
Total assets, end of year
$1,115,999
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,115,999
Program services expenses (Part IX)
$45,210
Management and general expenses
$15,767
Fundraising expenses
$0
Program service expenses (Part III)
$45,210

Program services were 74.1% 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

    $67,334

  • 2f · All other program service revenue

    total $9,526 · related or exempt $9,526

  • 3 · Investment income

    total $38,193 · excluded $38,193

  • 7a · Gross sales of assets other than inventory

    securities $146,337

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

    securities $164,106

  • 7c · Gain or loss

    securities -$17,769

  • 7d · Net gain or loss

    total -$17,769 · related or exempt -$17,769

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $250 · program services $250

  • 2 · Grants to domestic individuals

    total $37,000 · program services $37,000

  • 11c · Fees: accounting

    total $4,800 · management and general $4,800

  • 11f · Fees: investment management

    total $9,309 · management and general $9,309

  • 12 · Advertising and promotion

    total $150 · management and general $150

  • 13 · Office expenses

    total $274 · management and general $274

  • 14 · Information technology

    total $401 · management and general $401

  • 19 · Conferences, conventions and meetings

    total $1,750 · program services $1,750

  • 23 · Insurance

    total $734 · management and general $734

  • 24a · Other expenses: 40TH ANNIVERSARY CELEBR

    total $4,626 · program services $4,626

  • 24b · Other expenses: BOOK PURCHASES

    total $1,069 · program services $1,069

  • 24c · Other expenses: SCHOLARSHIP EVALUATORS

    total $515 · program services $515

  • 24d · Other expenses: FEES AND LICENSES

    total $99 · management and general $99

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $46,728 · end of year $93,258

  • 3 · Pledges and grants receivable

    beginning of year $8,321 · end of year $11,529

  • 4 · Accounts receivable

    beginning of year $9,274 · end of year $4,216

  • 9 · Prepaid expenses and deferred charges

    beginning of year $363

  • 11 · Investments: publicly traded securities

    beginning of year $925,721 · end of year $1,006,996

  • 27 · Net assets without donor restrictions

    beginning of year $575,396 · end of year $643,126

  • 28 · Net assets with donor restrictions

    beginning of year $415,011 · end of year $472,873

Mission and programs · 2023

Mission

TO ADDRESS THE CONCERNS AND ISSUES THAT FACE THE CHANGING ROLE OF WOMEN TODAY BY PROMOTING EDUCATION, LITERACY AND COMMUNITY INVOLVEMENT. CURRENT PROGRAMS INCLUDE SCHOLARSHIPS, SYMPOSIUMS, MOTIVATIONAL SPEAKING EVENTS, AND A MULTI-FACETED LITERACY PROJECT.

Activities or mission (Part I)

THE DAUGHTERS OF PENELOPE FOUNDATION, INC. IS AN INDEPENDENT CHARITABLE AFFILIATE OF A WOMENS' FRATERNAL ORGANIZATION, THE DAUGHTERS OF PENELOPE. IT'S MISSION IS TO PROMOTE EDUCATION AND LITERACY THROUGH THE GRANTING OF SCHOLARSHIPS, CONTRIBUTIONS AND EDUCATIONAL SYMPOSIUMS.

  • GRANTING SCHOLARSHIPS TO WOMEN AND MEN BASED ON ACADEMIC RECORD AND FINANCIAL NEED.

    Expenses $37,515 · Grants $37,000

  • HOSTED CONFERENCE SPEAKER FOR DISTRICT GOVERNORS OF DAUGHTERS OF PENELOPE.

    Expenses $1,500

  • SUPPORTED THE DAUGHTERS OF PENELOPE AND LOCAL COMMUNITIES THROUGH SYMPOSIUMS, LITERACY PROJECTS AND OTHER PROGRAMS WHICH ALIGN WITH THE MISSION OF THE ORGANIZATION

    Expenses $6,195

As filed on the 2023 return.

Listed in Part VII

  • Roberta A Jackson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Vasilia Kachmarski

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Fotini Caragiannis

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Joanne Booras

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Jeannie Kouros

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1

  • Sonja Stefanadis

    FOUNDER PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Vasi Katsikathas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathy Leles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Demi Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ourania Stephanides

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anamaria Anagnostou

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katherine Karafotias

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marianthi Treppiedi

    GRAND PRESIDENT DOP

    Total calculated
    $0
    Hours/week
    1

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • DAUGHTERS OF PENELOPE

    501C10 · FRATERNAL · DC

Provenance

Return type
form_990
Tax year
2023
Filed
15 January 2025
IRS schema version
2023v6.0
Source object
202520159349301462

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