Kappa Kappa Gamma Foundation
- Assets
- $48.2m
- Revenue
- $9.1m
- Investments
- $18.1m
- Employees
- 0
- Location
- Dublin, OH
- Founding
- 11/1961
- Data as of
- 06/2020
- EIN
- 31-6049792
Organization Overview
Kappa Kappa Gamma Foundation is located in Dublin, OH. The organization was established in 1961. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kappa Kappa 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 06/2020, Kappa Kappa Gamma Foundation generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $9.8m during the year ending 06/2020. While expenses have increased by 17.6% per year over the past 6 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, Kappa Kappa Gamma Foundation has awarded 52 individual grants totaling $21,801,103. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
INVESTING IN OUR MEMBERS BY FUNDING PROGRAMS THAT FULFILL THE EVOLVING NEEDS OF WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND AID TO MEMBERS IN NEED: THE FOUNDATION AWARDS ANNUAL SCHOLARSHIPS TO QUALIFIED RECIPIENTS FOR UNDERGRADUATE AND GRADUATE EDUCATION. KAPPA KAPPA GAMMA FOUNDATION SCHOLARSHIPS ARE AWARDED BASED ON A COMBINATION OF FACTORS INCLUDING ACADEMIC MERIT, FINANCIAL NEED, AND PARTICIPATION AND LEADERSHIP IN THE ORGANIZATION, CAMPUS AND COMMUNITY ACTIVITIES. THE FOUNDATION PROVIDES CONFIDENTIAL AID TO QUALIFYING MEMBERS OF ALL AGES WHO SUDDENLY FIND THEMSELVES IN UNEXPECTED TIMES OF NEED DUE TO FINANCIAL, MEDICAL OR DISASTER SITUATIONS. RECIPIENTS MAY BE UNDERGRADUATES OR ALUMNAE, AND AID MAY BE A ONE-TIME GRANT OR ONGOING SUPPORT.
EDUCATIONAL AND LEADERSHIP PROGRAMMING: THE FOUNDATION SUPPORTS THE DEVELOPMENT AND USE OF EDUCATIONAL AND LEADERSHIP PROGRAMS THAT ARE AVAILABLE TO OVER 308,000 MEMBERS, IN-PERSON AND VIRTUALLY. THE PROGRAMS PROVIDE TRAINING THAT ALLOWS MEMBERS TO DEVELOP SKILLSETS THEY CAN IMPLEMENT IN PROFESSIONAL AND PERSONAL SETTINGS THROUGHOUT THEIR LIVES. THROUGH OUR GIRL'S ACADEMY, WE ARE ALSO PROVIDING LEADERSHIP PROGRAMMING AND MENTORSHIP TO HUNDREDS OF UNDERSERVED MIDDLE SCHOOL GIRLS EVERY YEAR. THROUGH THESE PROGRAMS WE ARE MAKING A LIFETIME INVESTMENT IN THE EDUCATION AND TRAINING OF WOMEN SO THEY ARE PREPARED TO LEAD AND SERVE IN THEIR COMMUNITIES AROUND THE WORLD.
EDUCATIONAL AREA GRANT: PROVIDES GRANTS FOR THE EDUCATIONAL AREAS OF CHAPTER HOUSES.
HERITAGE: THE FOUNDATION SUPPORTS THE OPERATION OF THE STEWART HOUSE MUSEUM, HOME OF KAPPA KAPPA GAMMA FOUNDER MINNIE STEWART, IN MONMOUTH, ILLINOIS. THE KAPPA KAPPA GAMMA FOUNDATION IS COMMITTED TO FUNDING THE PRESERVATION OF KAPPA'S HERITAGE AS THE ORGANIZATION PURSUES THE COMPREHENSIVE DIGITIZATION OF ALL MUSEUM AND ARCHIVE COLLECTIONS. SHARING THESE COLLECTIONS WITH THE GENERAL PUBLIC AND THE MEMBERS OF KAPPA KAPPA GAMMA HIGHLIGHTS THE POSITIVE IMPACT OF WOMEN'S FRATERNITIES ON SOCIETY, THE HISTORY OF WOMEN IN HIGHER EDUCATION, AND KAPPA KAPPA GAMMA'S ROLE IN EMPOWERING WOMEN FOR NEARLY 150 YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Coons Executive Director | Officer | 40 | $134,653 |
Susanne Wolff Vander Heyden President | OfficerTrustee | 10 | $0 |
Mary Jane Jackson Crist Vice President | OfficerTrustee | 10 | $0 |
Jean Schmidt Treasurer | OfficerTrustee | 10 | $0 |
Cynthia Heaberlin Beaird Trustee | Trustee | 10 | $0 |
Amanda Lang Trustee | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Historyit Inc Archiving Services | 6/29/20 | $250,002 |
Silvercrest Asset Management Group Llc Investment Consulting | 6/29/20 | $163,804 |
Silvercrest Asset Management Group Llc Investment Consulting | 6/29/20 | $163,804 |
Historyit Inc Archiving Services | 6/29/20 | $250,002 |
Words Data And Images Dba Gabriel Group Fundraising Services | 6/29/20 | $100,498 |
Words Data And Images Dba Gabriel Group Fundraising Services | 6/29/20 | $100,498 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,716,893 |
| Investment income | $1,126,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,233,656 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,077,849 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,439,662 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,159 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $592,619 |
| Pension plan accruals and contributions | $33,313 |
| Other employee benefits | $84,060 |
| Payroll taxes | $51,692 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,145 |
| Fees for services: Accounting | $33,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $100,498 |
| Fees for services: Investment Management | $205,751 |
| Fees for services: Other | $1,200 |
| Advertising and promotion | $10,570 |
| Office expenses | $28,976 |
| Information technology | $111,689 |
| Royalties | $0 |
| Occupancy | $135,083 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $440 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $601,389 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $9,818,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $449,242 |
| Savings and temporary cash investments | $2,569,005 |
| Pledges and grants receivable | $327,279 |
| Accounts receivable, net | $0 |
| 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 | $47,062 |
| Investments—publicly traded securities | $25,109,520 |
| Investments—other securities | $18,115,060 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $566,609 |
| Total assets | $48,213,422 |
| Accounts payable and accrued expenses | $133,594 |
| Grants payable | $0 |
| 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 | $227,443 |
| Total liabilities | $361,037 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $47,852,385 |
Grants Awarded
Over the last fiscal year, Kappa Kappa Gamma Foundation has awarded $1,584,301 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Dublin, OH PURPOSE: EDUCATIONAL GRANTS | $728,204 |
Tuscaloosa, AL PURPOSE: EDUC. AREAS AND FACILITIES | $193,770 |
Baton Rouge, LA PURPOSE: EDUC. AREAS AND FACILITIES | $181,375 |
Little Rock, AR PURPOSE: EDUC. AREAS AND FACILITIES | $160,976 |
Columbia, MO PURPOSE: EDUC. AREAS AND FACILITIES | $152,389 |
Tuscaloosa, AL PURPOSE: EDUC. AREAS AND FACILITIES | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kappa Kappa Gamma Foundation has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Lisa Stuart Schmoker Family Foundation Edina, MN PURPOSE: CHARITABLE | $2,000 |
Richard B Sneed Foundation Sarasota, FL PURPOSE: SCHOLARSHIPS | $1,000 |
The Rita And Harry Greenberger Foundation Inc Haddonfield, NJ PURPOSE: GENERAL PURPOSES | $500 |
Endowment Analysis
| Beg. Balance | $25,139,920 |
| Earnings | $7,750,042 |
| Admin Expense | $291,588 |
| Net Contributions | $417,211 |
| Grants | $518,975 |
| Ending Balance | $32,496,610 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Chippewa Luce Macinac Comm Action Human Resource Auth Inc Sault Ste Marie, MI | $6,136,968 | $10,393,284 |
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |