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Nonprofiteer
← ALPHA GAMMA DELTA FOUNDATION INC

Form 990 for tax year 2022

Filed by ALPHA GAMMA DELTA FOUNDATION INC.

Totals

Total revenue
$1,749,436
Total expenses
$1,757,640
Contributions and grants received
$1,967,921
Grants paid
$842,278
Program service revenue
$0
Investment income
-$218,485
Other revenue
$0
Total assets, end of year
$11,857,273
Total liabilities, end of year
$197,135
Net assets or fund balances, end of year
$11,660,138
Program services expenses (Part IX)
$1,065,829
Management and general expenses
$308,142
Fundraising expenses
$383,669
Program service expenses (Part III)
$1,065,829

Program services were 60.6% 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

    $1,967,921

  • 1g · Noncash contributions included above

    $114,318

  • 3 · Investment income

    total $256,255 · excluded $256,255

  • 7a · Gross sales of assets other than inventory

    securities $15,492,453

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

    securities $15,967,193

  • 7c · Gain or loss

    securities -$474,740

  • 7d · Net gain or loss

    total -$474,740 · excluded -$474,740

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $545,482 · program services $545,482

  • 2 · Grants to domestic individuals

    total $296,796 · program services $296,796

  • 5 · Compensation of officers, directors and key employees

    total $223,258 · program services $51,717 · management and general $95,628 · fundraising $75,913

  • 7 · Other salaries and wages

    total $197,665 · program services $45,793 · management and general $84,663 · fundraising $67,209

  • 8 · Pension plan contributions

    total $6,799 · program services $1,574 · management and general $2,913 · fundraising $2,312

  • 9 · Other employee benefits

    total $24,212 · program services $4,095 · management and general $14,107 · fundraising $6,010

  • 10 · Payroll taxes

    total $30,072 · program services $6,907 · management and general $13,055 · fundraising $10,110

  • 11b · Fees: legal

    total $12,549 · program services $867 · management and general $2,907 · fundraising $8,775

  • 11c · Fees: accounting

    total $36,441 · program services $9,276 · management and general $27,165

  • 11f · Fees: investment management

    total $48,664 · program services $32,487 · management and general $16,177

  • 13 · Office expenses

    total $54,359 · program services $21,045 · management and general $4,890 · fundraising $28,424

  • 14 · Information technology

    total $68,752 · program services $15,829 · management and general $21,722 · fundraising $31,201

  • 16 · Occupancy

    total $29,674 · program services $9,243 · management and general $11,263 · fundraising $9,168

  • 17 · Travel

    total $54,146 · program services $30,434 · management and general $13,191 · fundraising $10,521

  • 19 · Conferences, conventions and meetings

    total $36,065 · program services $36,065

  • 22 · Depreciation, depletion and amortization

    total $2,271 · program services $527 · management and general $972 · fundraising $772

  • 23 · Insurance

    total $1,683 · management and general $1,683

  • 24a · Other expenses: MISCELLANEOUS

    total $40,238 · fundraising $40,238

  • 24b · Other expenses: REGISTRATION FEES

    total $18,504 · program services $100 · management and general $13,818 · fundraising $4,586

  • 24c · Other expenses: BANKING AND FINANCE FEE

    total $15,585 · management and general $14,871 · fundraising $714

  • 24d · Other expenses: AWARDS

    total $9,823 · program services $5,915 · management and general $423 · fundraising $3,485

  • 24e · All other expenses

    total $4,602 · program services -$48,323 · management and general -$31,306 · fundraising $84,231

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $543,717 · end of year $285,338

  • 2 · Savings and temporary cash investments

    beginning of year $595,135 · end of year $571,092

  • 3 · Pledges and grants receivable

    beginning of year $68,266 · end of year $44,470

  • 9 · Prepaid expenses and deferred charges

    beginning of year $43,731 · end of year $22,976

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

    $86,532

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

    $79,691

  • 10c · Land, buildings and equipment, net

    beginning of year $6,027 · end of year $6,841

  • 11 · Investments: publicly traded securities

    beginning of year $10,335,004 · end of year $10,855,230

  • 15 · Other assets

    beginning of year $2,630 · end of year $71,326

  • 17 · Accounts payable and accrued expenses

    beginning of year $55,978 · end of year $129,230

  • 25 · Other liabilities

    beginning of year $0 · end of year $67,905

  • 27 · Net assets without donor restrictions

    beginning of year $3,767,192 · end of year $3,648,096

  • 28 · Net assets with donor restrictions

    beginning of year $7,771,340 · end of year $8,012,042

Mission and programs · 2022

Mission

THE ALPHA GAMMA DELTA FOUNDATION IMPACTS AND ENRICHES COMMUNITIES BY PROVIDING ESSENTIAL SUPPORT FOR EDUCATION, PHILANTHROPY AND LEADERSHIP.

  • 159 UNDERGRADUATE AND GRADUATE SCHOLARSHIP GRANTS TO MEMBERS OF ALPHA GAMMA DELTA ADVANCING AND COMPLETING THEIR EDUCATION AT INSTITUTIONS OF HIGHER EDUCATION IN CRITICAL FIELDS INCLUDING BIOTECHNOLOGY, MEDICINE, EDUCATION, HEALTH CARE, AGRICULTURE, THE ARTS AND MANY MORE.

    Expenses $328,882 · Grants $266,375

  • GRANTS TO 28 ORGANIZATIONS IN 20 STATES FIGHTING THE CRITICAL ISSUE OF HUNGER ON THE MOST LOCAL COMMUNITY LEVEL. GRANT SUPPORTED PROGRAMS INCLUDED FARM TO PANTRY, FOOD RESCUE, SCHOOL BACKPACK PROGRAMS AND SUPPORTING OUR VULNERABLE SENIOR POPULATION THROUGH MEALS ON WHEELS FOOD DELIVERY.

    Expenses $259,119 · Grants $250,000

  • ONE-YEAR PROGRAM GRANTS TO ALPHA GAMMA DELTA FRATERNITY FOR EDUCATIONAL, LEADERSHIP AND PHILANTHROPIC INITIATIVES. HIGHLIGHTS INCLUDED FUNDING FOR: ACADEMY FOR CHAPTER ADVISORS - SUPPORTING OUR LOCAL COLLEGIATE MENTORS THROUGH EDUCATION IN AREAS OF COMMUNICATIONS WITH TODAY'S COLLEGE STUDENTS, BOUNDARY SETTING AND DIFFICULT CONVERSATIONS, AND LEADING FROM THE PASSENGER'S SEAT. ACORN - A LEARNING MANAGEMENT PLATFORM ACCESSIBLE TO ALL 145,000 LIVING MEMBERS OF THE FRATERNITY. THE CATALOGUE OF COURSES INCLUDES HOW TO COMMAND A ROOM, MENTAL HEALTH RESOURCES, THRIVING IN A REMOTE WORLD; DIVERSITY, EQUITY, INCLUSION AND BELONGING; HEALTHY RELATIONSHIPS, SUPPORTING SEXUAL ASSAULT SURVIVORS AND MUCH MORE. EMPOWER - LAUNCH OF ALPHA GAMMA DELTA'S NEW, OPTIONAL LEADERSHIP PROGRAM FOR THE HIGHEST MOTIVATED LEVEL OF LEADERS IN OUR 118 COLLEGIATE CHAPTERS ACROSS NORTH AMERICA. LED BY ESTABLISHED ALUMNAE PROFESSIONALS, COLLEGIATE PARTICIPANTS IN THIS COHORT MODEL DEFINED THEIR PERSONAL VISIONS AND LEADERSHIP STYLES AND CREATED STRATEGIES TO SET GOALS AND BUILD RELATIONSHIPS TO POSITIVELY IMPACT THEIR COMMUNITIES. THE PROGRAM CONCLUDED WITH AN IN-PERSON, WEEKEND CAPSTONE EXPERIENCE. LEADERSHIP CONSULTANT PROGRAM - 180 HANDS-ON LEADERSHIP AND PERSONAL/PROFESSIONAL DEVELOPMENT TRAINING AND COACHING VISITS DELIVERED TO 18-22-YEAR-OLD COLLEGIATE WOMEN AT 101 ALPHA GAMMA DELTA CHAPTERS ACROSS THE UNITED STATES AND CANADA, IMPACTING THE MAJORITY OF OUR 11,000 COLLEGIATE WOMEN. MENTAL HEALTH - THE CALL TO CONTINUE SUPPORTING MENTAL HEALTH INITIATIVES REMAINS LOUD AND CLEAR AS OUR 18-22-YEAR-OLD MEMBERS READAPT TO IN-PERSON RELATIONSHIPS. GRANT FUNDS UNDERWROTE SELF-CARE INVENTORIES, GROUP CONSULTATIONS AND VIRTUAL IMPACT TALKS FOCUSING ON TOPICS INCLUDING GROUP THINK, HOLISTIC WELLNESS, TOXIC POSITIVITY AND MANAGING UNCERTAINTY. WHILE FOCUSED ON OUR YOUNGEST MEMBERS, THESE RESOURCES ARE AVAILABLE TO OUR FULL MEMBERSHIP OF OVER 145,000 WOMEN.

    Expenses $222,858 · Grants $200,000

  • EDUCATIONAL AREA HOUSING GRANTS PROVIDING EQUIPMENT AND FACILITIES THAT SUPPORT ACADEMIC SUCCESS FOR 11 COLLEGIATE CHAPTERS THROUGHOUT THE UNITED STATES.

    Expenses $98,237 · Grants $90,000

  • HARDSHIP FINANCIAL GRANT ASSISTANCE AND DISASTER RELIEF GRANTS TO 24 SISTERS OF ALPHA GAMMA DELTA EXPERIENCING UNIMAGINABLE CIRCUMSTANCES INCLUDING SERIOUS ILLNESS, FAMILY CRISIS, FINANCIAL DISTRESS AND MORE.

    Expenses $32,628 · Grants $26,120

  • 13 GRANTS TO 11 MEMBERS OF ALPHA GAMMA DELTA WHO ARE CONTINUING THEIR EDUCATIONAL AND PROFESSIONAL DEVELOPMENT ON A PART-TIME BASIS.

    Expenses $7,644 · Grants $6,301

  • MISCELLANEOUS GRANTS, ACADEMIC RECOGNITION PROGRAMS, EVENTS, COMMUNICATIONS AND GENERAL MANAGEMENT OF ALPHA GAMMA DELTA FOUNDATION'S GRANT, EDUCATION AND SCHOLARSHIP PROGRAMS INCLUDING ACCESSIBILITY TO APPLICATIONS, PROGRAM EDUCATION AND AWARENESS, AND REPORTING OF PROGRAM IMPACT. PRINT COMMUNICATIONS REACH OVER 129,000 COLLEGIATE AND ALUMNAE MEMBERS OF ALPHA GAMMA DELTA. WEBSITE AND SOCIAL MEDIA COMMUNICATIONS ARE AVAILABLE 24/7 TO THE PUBLIC.

    Expenses $116,461 · Grants $3,482

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

Listed in Part VII

  • Carol Richards Peske

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Adrienne Kerr Beckett

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Patti Guthrie Rogers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Sylvie Kramer Weikert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Melissa Jacobson James

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Lee Woodham Langub

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Martha Petry Parham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Maurie Jones Phelan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Lynne Dunford Rossell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Julie Waitman

    CHIEF EXECUTIVE OFFICER AND SECRETARY

    Total calculated
    $132,110
    From this org
    $120,443
    From related orgs
    $0
    Other
    $11,667
    Hours/week
    40
  • Chris Fedor

    TREASURER

    Total calculated
    $81,096
    From this org
    $62,171
    From related orgs
    $0
    Other
    $18,925
    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

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

Provenance

Return type
form_990
Tax year
2022
Filed
27 September 2023
IRS schema version
2022v5.0
Source object
202342719349300639

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.