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Nonprofiteer
← ALPHA CHI OMEGA FOUNDATION INC

Form 990 for tax year 2024

Filed by ALPHA CHI OMEGA FOUNDATION INC.

Totals

Total revenue
$6,339,710
Total expenses
$6,037,514
Contributions and grants received
$4,331,610
Grants paid
$3,842,130
Program service revenue
$26,491
Investment income
$1,920,470
Other revenue
$61,139
Total assets, end of year
$35,587,726
Total liabilities, end of year
$967,922
Net assets or fund balances, end of year
$34,619,804
Program services expenses (Part IX)
$4,138,663
Management and general expenses
$934,660
Fundraising expenses
$964,191
Program service expenses (Part III)
$4,138,663

Program services were 68.5% 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

    $4,331,610

  • 1g · Noncash contributions included above

    $41,540

  • 2a · Program service revenue: LIFE LOYAL PROGRAM INCOME

    total $26,491 · related or exempt $26,491

  • 3 · Investment income

    total $994,715 · excluded $994,715

  • 7a · Gross sales of assets other than inventory

    securities $925,755

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

    securities $0

  • 7c · Gain or loss

    securities $925,755

  • 7d · Net gain or loss

    total $925,755 · excluded $925,755

  • 11a · Other revenue: REIMBURSED EXPENSES

    total $52,000 · excluded $52,000

  • 11b · Other revenue: OTHER INCOME

    total $9,139 · excluded $9,139

  • 11e · Other revenue, total

    $61,139

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,398,398 · program services $3,398,398

  • 2 · Grants to domestic individuals

    total $443,732 · program services $443,732

  • 7 · Other salaries and wages

    total $1,006,130 · program services $192,547 · management and general $380,391 · fundraising $433,192

  • 9 · Other employee benefits

    total $72,720 · program services $13,840 · management and general $30,394 · fundraising $28,486

  • 10 · Payroll taxes

    total $81,416 · program services $15,769 · management and general $28,763 · fundraising $36,884

  • 11b · Fees: legal

    total $10,372 · fundraising $10,372

  • 11c · Fees: accounting

    total $24,050 · management and general $24,050

  • 11f · Fees: investment management

    total $153,060 · management and general $153,060

  • 11g · Fees: other

    total $46,919 · program services $324 · management and general $14,419 · fundraising $32,176

  • 13 · Office expenses

    total $207,725 · management and general $188,726 · fundraising $18,999

  • 14 · Information technology

    total $117,651 · program services $22,119 · management and general $41,878 · fundraising $53,654

  • 16 · Occupancy

    total $57,740 · program services $11,548 · management and general $17,322 · fundraising $28,870

  • 17 · Travel

    total $128,182 · program services $23,001 · management and general $41,664 · fundraising $63,517

  • 19 · Conferences, conventions and meetings

    total $27,197 · program services $12,980 · fundraising $14,217

  • 22 · Depreciation, depletion and amortization

    total $4,735 · management and general $4,735

  • 24a · Other expenses: COMMUNICATIONS

    total $237,749 · program services $4,297 · management and general $430 · fundraising $233,022

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $10,270 · program services $108 · management and general $1,989 · fundraising $8,173

  • 24c · Other expenses: MISCELLANEOUS

    total $6,759 · management and general $6,759

  • 24d · Other expenses: TAXES AND LICENSES

    total $2,709 · management and general $80 · fundraising $2,629

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,220,627 · end of year $1,901,359

  • 2 · Savings and temporary cash investments

    beginning of year $492,748 · end of year $279,832

  • 3 · Pledges and grants receivable

    beginning of year $1,312,848 · end of year $962,621

  • 4 · Accounts receivable

    beginning of year $3,861 · end of year $7,279

  • 7 · Other notes and loans receivable

    beginning of year $95,009 · end of year $42,172

  • 9 · Prepaid expenses and deferred charges

    beginning of year $87,768 · end of year $22,533

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

    $60,494

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

    $47,078

  • 10c · Land, buildings and equipment, net

    beginning of year $18,151 · end of year $13,416

  • 11 · Investments: publicly traded securities

    beginning of year $25,091,299 · end of year $27,064,588

  • 12 · Investments: other securities

    beginning of year $4,411,753 · end of year $5,226,509

  • 15 · Other assets

    beginning of year $67,095 · end of year $67,417

  • 17 · Accounts payable and accrued expenses

    beginning of year $584,304 · end of year $395,059

  • 19 · Deferred revenue

    beginning of year $599,354 · end of year $572,863

  • 27 · Net assets without donor restrictions

    beginning of year $2,745,431 · end of year $2,796,884

  • 28 · Net assets with donor restrictions

    beginning of year $29,872,070 · end of year $31,822,920

Mission and programs · 2024

Mission

THROUGH THE REAL.STRONG.WOMEN. EXPERIENCE, ALPHA CHI OMEGA CULTIVATES IMPACTFUL COMMUNITIES WHERE WOMEN ARE INSPIRED TO CONNECT, LEAD, GROW AND SERVE. THE ALPHA CHI OMEGA FOUNDATION STRIVES TO REALIZE AND SUSTAIN THE EDUCATIONAL AND PHILANTHROPIC VALUES OF ALPHA CHI OMEGA THROUGH SUCCESSFUL FUNDRAISING AND STEWARDSHIP. GENEROUS GIFTS FROM OUR MEMBERS AND FRIENDS ENHANCE THE REAL. STRONG. WOMEN. EXPERIENCE AND EMPOWER OUR MEMBERS TO IMPACT THEIR COMMUNITIES AND WORLD POSITIVELY.

Activities or mission (Part I)

TO REALIZE AND SUSTAIN THE EDUCATIONAL AND PHILANTHROPIC VALUES OF ALPHA CHI OMEGA THROUGH SUCCESSFUL FUNDRAISING AND STEWARDSHIP.

  • GRANTS TO FRATERNITY: PROVIDE GRANTS TO THE ALPHA CHI OMEGA FRATERNITY TO SUPPORT EDUCATIONAL AND PHILANTHROPIC PROGRAMS.

    Expenses $762,525 · Grants $707,889 · Revenue $26,491

  • CHAPTER HOUSING GRANTS: PROVIDE GRANTS TO THE ALPHA CHI OMEGA NATIONAL HOUSING CORPORATION AND ALPHA CHI OMEGA LOCAL HOUSING CORPORATIONS IN SUPPORT OF THE EDUCATIONAL PORTION OF CHAPTER HOUSING IMPROVEMENT PROJECTS.

    Expenses $1,246,238 · Grants $1,156,946

  • COMMUNITY IMPACT: ALPHA CHI OMEGA WORKS THROUGHOUT THE NATION TO BUILD AWARENESS OF DOMESTIC VIOLENCE. CHAPTERS WORK WITH LOCAL DOMESTIC VIOLENCE ORGANIZATIONS TO RAISE FUNDS AND AWARENESS. THE EDUCATION AND LEADERSHIP INITIATIVES DEPARTMENT DEVELOPS NATIONAL OPPORTUNITIES TO SUPPORT THIS CAUSE AND ASSISTS INDIVIDUAL CHAPTERS IN THEIR EFFORTS. MAJOR FUNDRAISING INITIATIVES OCCUR IN OCTOBER (DOMESTIC VIOLENCE AWARENESS MONTH) AND FEBRUARY (HEALTHY RELATIONSHIPS WEEK).

    Expenses $1,595,586 · Grants $1,481,263

  • CHAPTER EDUCATION FUNDS: PROVIDE GRANTS TO ALPHA CHI OMEGA CHAPTERS FOR EXPENSES ASSOCIATED WITH EDUCATIONAL OR PHILANTHROPIC INITIATIVES

    Expenses $56,336 · Grants $52,300

  • SCHOLARSHIPS AND EDUCATIONAL ASSISTANCE: PROVIDE SCHOLARSHIPS AND MEMBER ASSISTANCE GRANTS SUPPORTING ALPHA CHI OMEGA MEMBERS IN THEIR EDUCATIONAL PURSUITS AND OTHER AREAS OF NEED.

    Expenses $477,978 · Grants $443,732

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

Listed in Part VII

  • Maree Magliocchetti Lattanzi

    CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Anne Teaford-Cantor

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Tonya Lee Tatum

    SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Jen Daurora

    NATIONAL COUNCIL TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Kristin Miller Edwards

    NATIONAL COUNCIL TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Heather Carrio

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Kristin Himsel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Yvette Martinez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Julie Stufft

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Mary Carter Martin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4

  • Katie Lampinen Gaffin

    CEO

    Total calculated
    $0
    Hours/week
    10

  • Julie Goldsberry

    SR. FIN. CONTOLLER END 12/2

    Total calculated
    $0
    Hours/week
    12

  • Brian Ruiz

    CFO BEG 1/25

    Total calculated
    $0
    Hours/week
    12

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 ALPHA CHI OMEGA FRATERNITY. THE FRATERNITY IS UNRELATED TO THE FOUNDATION FOR 990 REPORTING PURPOSES. TOTAL COMPENSATION FROM THE FRATERNITY TO KATIE GAFFIN AS CEO WAS $233,684 FOR CALENDAR YEAR 2024, $36,983 OF WHICH IS FOR SERVICES RENDERED TO THE FOUNDATION. TOTAL COMPENSATION TO JULIE GOLDSBERRY AS SENIOR FINANCIAL CONTROLLER WAS $145,420 FOR CALENDAR YEAR 2024, $15,124 OF WHICH IS FOR SERVICES RENDERED TO 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

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

Provenance

Return type
form_990
Tax year
2024
Filed
24 November 2025
IRS schema version
2024v5.2
Source object
202523359349300147

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

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