Delta Gamma Foundation
- Assets
- $43.1m
- Revenue
- $13.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 06/1953
- Data as of
- 06/2022
- EIN
- 31-6034001
Organization Overview
Delta Gamma Foundation is located in Columbus, OH. The organization was established in 1953. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Delta Gamma Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Delta Gamma Foundation generated $13.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $5.6m during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Delta Gamma Foundation has awarded 348 individual grants totaling $14,514,997. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A MEANS BY WHICH THE MEMBERS OF DELTA GAMMA FRATERNITY MAY ACT IN CONCERT WITH EACH OTHER IN THE FURTHERANCE OF EXCLUSIVELY CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL OBJECTIVES, SPECIFICALLY INCLUDING, BUT NOT LIMITED TO SIGHT PRESERVATION AND SERVICES FOR THOSE WHO ARE VISUALLY IMPAIRED OR BLIND; THE AWARDING OF SCHOLARSHIPS, FELLOWSHIPS, GRANTS AND LOANS FOR UNIVERSITY STUDY TO DESERVING STUDENTS; AND SUCH OTHER EXCLUSIVELY CHARITABLE AND EDUCATIONAL PROGRAMS AS MAY BE DESIGNATED BY THE BOARD OF TRUSTEES; PROVIDED HOWEVER, THAT NO SUBSTANTIAL PART OF THE ACTIVITIES OF WHICH CONSIST OF THE CARRYING ON OF PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION OR PARTICIPATING IN OR INTERVENING IN (INCLUDING THE PUBLISHING OR DISTRIBUTION OF STATEMENTS) ANY POLITICAL CAMPAIGN ON BEHALF OF (OR IN OPPOSITION TO) ANY CANDIDATES FOR PUBLIC OFFICE, AND NO PART OF THE NET EARNINGS OF WHICH INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL, AND OTHERWISE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELTA GAMMA FOUNDATION SUPPORTS ITS MEMBERS THROUGH EDUCATIONAL SCHOLARSHIPS AND FELLOWSHIPS.
OTHER PROGRAMS ARE DEVELOPED TO PROMOTE AND ENCOURAGE HIGHER EDUCATION, SELF DEVELOPMENT, AND AID TO THE BLIND. THESE PROGRAMS BENEFIT ALL DELTA GAMMA UNDERGRADUATES AND SIGHT IMPAIRED PERSONS. THE FOUNDATION PROVIDED GRANTS TO OTHER EXEMPT ORGANIZATIONS WHO SUPPORT AND ENDORSE PROGRAMS FOR AID TO PERSONS WHO ARE BLIND AND HELP WITH SIGHT PRESERVATION.
DELTA GAMMA FOUNDATION SUPPORTS ITS MEMBERS THROUGH EDUCATIONAL GRANTS TO THE DELTA GAMMA FRATERNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roxanne Lamuth Advancement Executive | 40 | $148,789 | |
Leslie Loop Martin Executive Director | Officer | 40 | $121,857 |
Ernest Holladay Director Of Finance | 40 | $106,553 | |
Joan Newman Treasurer | OfficerTrustee | 2 | $0 |
Ruth Alsbrooks Chairman | OfficerTrustee | 5 | $0 |
Lynne Thieme Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,039,418 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,502,165 |
| Noncash contributions included in lines 1a–1f | $5,618,852 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,541,583 |
| Total Program Service Revenue | $0 |
| Investment income | $644,991 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,558 |
| Net Gain/Loss on Asset Sales | $175,389 |
| Net Income from Fundraising Events | -$150,409 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,458,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,966,693 |
| Grants and other assistance to domestic individuals. | $976,876 |
| Grants and other assistance to Foreign Orgs/Individuals | $18,504 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $150,932 |
| Other salaries and wages | $1,034,266 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,947 |
| Payroll taxes | $83,376 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,055 |
| Fees for services: Accounting | $28,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $111,390 |
| Fees for services: Investment Management | $42,337 |
| Fees for services: Other | $15,872 |
| Advertising and promotion | $8,669 |
| Office expenses | $241,522 |
| Information technology | $146,453 |
| Royalties | $0 |
| Occupancy | $67,884 |
| Travel | $45,986 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $224,878 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,173 |
| Insurance | $21,103 |
| All other expenses | $0 |
| Total functional expenses | $5,571,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,519,212 |
| Savings and temporary cash investments | $2,350,165 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,021 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $102,518 |
| Net Land, buildings, and equipment | $417,685 |
| Investments—publicly traded securities | $34,793,100 |
| Investments—other securities | $0 |
| Investments—program-related | $67,846 |
| Intangible assets | $0 |
| Other assets | $2,828,045 |
| Total assets | $43,080,592 |
| Accounts payable and accrued expenses | $450,388 |
| Grants payable | $891,215 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $181,716 |
| Total liabilities | $1,523,319 |
| Net assets without donor restrictions | $14,742,426 |
| Net assets with donor restrictions | $26,814,847 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $43,080,592 |
Grants Awarded
Over the last fiscal year, Delta Gamma Foundation has awarded $1,243,777 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: EDUCATIONAL PROGRAMMING | $674,890 |
Los Angeles, CA PURPOSE: AID FOR BLIND | $60,164 |
Phoenix, AZ PURPOSE: AID FOR BLIND | $55,828 |
San Rafael, CA PURPOSE: AID FOR BLIND | $38,737 |
Kansas City, MO PURPOSE: AID FOR BLIND | $38,291 |
Saint Louis, MO PURPOSE: AID FOR BLIND | $36,505 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Delta Gamma Foundation has recieved totaling $5,301.
| Awarding Organization | Amount |
|---|---|
Bailey Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $2,500 |
Helen S Donaldson Charitable Remainder Unitrust Ua 02161999 Winsted, CT PURPOSE: GENERAL PURPOSES | $1,801 |
Howard Family Foundation Punta Gorda, FL PURPOSE: SUPPORT OPERATIONS | $500 |
Clint And Ellen Ann Johnson Foundation Leland, MS PURPOSE: UNRESTRICTED | $500 |
Endowment Analysis
| Beg. Balance | $31,476,646 |
| Earnings | -$5,302,894 |
| Net Contributions | $6,623,452 |
| Other Expense | $363,102 |
| Grants | $867,165 |
| Ending Balance | $31,566,937 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Sigma Phi Fraternity Inc Carmel, IN | $4,417,023 | $3,578,190 |
Richmond Property Group Ltd Indianapolis, IN | $27,750,177 | $3,183,592 |