Delta Upsilon Educational Foundation Inc
- Assets
- $8.3m
- Revenue
- $3.7m
- Investments
- $2.1m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 06/1951
- Data as of
- 06/2022
- EIN
- 35-1976226
Organization Overview
Delta Upsilon Educational Foundation Inc is located in Indianapolis, IN. The organization was established in 1951. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Delta Upsilon Educational Foundation Inc 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 Upsilon Educational Foundation Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 4.3% 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 Upsilon Educational Foundation Inc has awarded 54 individual grants totaling $3,615,894. 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
EDUCATION AND DEVELOPMENT OF UNDERGRADUATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPTER EDUCATIONAL GRANTS: 1.) GRANTS GIVEN TO DELTA UPSILON CHAPTERS FOR THE PURCHASE, IMPROVEMENT, OR RENOVATION OF EDUCATIONAL EQUIPMENT AND SPACE AT THE CHAPTER FACILITIES. 2.) GRANTS TO DELTA UPSILON CHAPTERS FOR REGISTRATION AND OTHER EDUCATIONAL COSTS ASSOCIATED WITH DELTA UPSILON INTERNATIONAL FRATERNITY'S EDUCATIONAL PROGRAMMING OPPORTUNITIES.
LEADERSHIP AND OTHER EDUCATIONAL PROGRAMMING: PROGRAMS IN CONNECTION WITH DELTA UPSILON INTERNATIONAL FRATERNITY INCLUDING THE FOLLOWING: 1.) LEADERSHIP INSTITUTE: A FOUR DAY CONFERENCE CONSISTING OF EDUCATIONAL PROGRAMS FOR DELTA UPSILON FRATERNITY UNDERGRADUATE LEADERS. 2.) REGIONAL LEADERSHIP ACADEMY: REGIONAL PROGRAMMING TO DEVELOP DELTA UPSILON FRATERNITY MEMBERSHIP LEADERSHIP SKILLS. 3.) WINTER EDUCATIONAL CONFERENCE: A THREE DAY LEADERSHIP PROGRAM FOR DELTA UPSILON FRATERNITY CHAPTER PRESIDENTS, FOCUSING ON IMPROVING LEADERSHIP SKILLS AND PERSONAL DEVELOPMENT. 4) DELTA UPSILON EMERGING LEADERS: EMERGING LEADERS EXPERIENCE PROVIDES LEADERSHIP AND SKILL DEVELOPMENT FOR FIRST YEAR DELTA UPSILON FRATERNITY UNDERGRADUATE MEMBERS.
CHARITABLE OUTREACH PROGRAMS AND GRANTS: THESE INCLUDE THE FOLLOWING: 1.) GLOBAL SERVICE INITIATIVE: US AND INTERNATIONAL VOLUNTEER OPPORTUNITIES TO ENGAGE IN ACTIVE AND MEANINGFUL SERVICE FOR A WIDE RANGE OF ECONOMIC, POLITICAL, CULTURAL, AND SOCIAL ISSUES. THE PROGRAM INTEGRATES IMMERSION BASED EXPERIENCE WITH FOCUSED AND DELIBERATE SERVICE AND REFLECTION ACTIVITIES. 2.) GRANTS AND OTHER CHARITABLE EFFORTS TO SUPPORT OTHER EXEMPT ORGANIZATIONS WITH SIMILAR MISSIONS OR AS CHOSEN BY MEMBERSHIP OR THE BOARD OF TRUSTEES.
OTHER EDUCATIONAL PROGRAMS: SCHOLARSHIPS BENEFITING DELTA UPSILON FRATERNITY UNDERGRADUATES, FOCUSING ON EDUCATION AND LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
P David Franzetta Treasurer | OfficerTrustee | 1 | $0 |
Lewis D Gregory Chairman | OfficerTrustee | 1 | $0 |
Craig J Franz Vice-Chairman | OfficerTrustee | 1 | $0 |
Warren P Nesbitt Secretary | OfficerTrustee | 1 | $0 |
Ralph W Castner VP Of Investments | OfficerTrustee | 1 | $0 |
Justin J Kirk Executive Director | Officer | 18 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,418,242 |
| Noncash contributions included in lines 1a–1f | $542,031 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,418,242 |
| Total Program Service Revenue | $0 |
| Investment income | $102,640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $58,032 |
| Net Gain/Loss on Asset Sales | $99,787 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,678,701 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $413,634 |
| Grants and other assistance to domestic individuals. | $67,322 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $304,504 |
| Compensation of current officers, directors, key employees. | $96,195 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $254,017 |
| Pension plan accruals and contributions | $6,132 |
| Other employee benefits | $31,215 |
| Payroll taxes | $38,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,467 |
| Fees for services: Accounting | $19,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $69,281 |
| Fees for services: Investment Management | $24,693 |
| Fees for services: Other | $5,096 |
| Advertising and promotion | $0 |
| Office expenses | $6,295 |
| Information technology | $40,679 |
| Royalties | $0 |
| Occupancy | $35,572 |
| Travel | $56,200 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $61,930 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,327 |
| Insurance | $18,295 |
| All other expenses | $13,914 |
| Total functional expenses | $1,554,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,182,326 |
| Savings and temporary cash investments | $445,766 |
| Pledges and grants receivable | $754,342 |
| Accounts receivable, net | $997 |
| 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 | $42,870 |
| Net Land, buildings, and equipment | $338,632 |
| Investments—publicly traded securities | $3,238,582 |
| Investments—other securities | $2,139,188 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $148,783 |
| Total assets | $8,291,486 |
| Accounts payable and accrued expenses | $1,317 |
| Grants payable | $49,924 |
| 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 | $0 |
| Total liabilities | $51,241 |
| Net assets without donor restrictions | -$1,088,939 |
| Net assets with donor restrictions | $9,329,184 |
| 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 | $8,291,486 |
Grants Awarded
Over the last fiscal year, Delta Upsilon Educational Foundation Inc has awarded $182,448 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
KANSAS STATE DELTA UPSILON ALUMNI CORPORATION PURPOSE: CHAPTER BUILDING RENNOVATIONS, EDUCATIONAL SCHOLARSHIPS FOR MEMBERS, AND LEADERSHIP PROGRAM FEES | $92,190 |
SAN JOSE DELTA UPSILON CORP-HOUSING PURPOSE: CHAPTER BUILDING RENNOVATIONS, EDUCATIONAL SCHOLARSHIPS FOR MEMBERS, AND LEADERSHIP PROGRAM FEES | $43,675 |
W Lafayette, IN PURPOSE: CHAPTER BUILDING RENNOVATIONS, EDUCATIONAL SCHOLARSHIPS FOR MEMBERS, AND LEADERSHIP PROGRAM FEES | $32,000 |
Concord, MA PURPOSE: CHAPTER BUILDING RENNOVATIONS, EDUCATIONAL SCHOLARSHIPS FOR MEMBERS, AND LEADERSHIP PROGRAM FEES | $14,583 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Delta Upsilon Educational Foundation Inc has recieved totaling $58,970.
| Awarding Organization | Amount |
|---|---|
The Herma Family Foundation Inc Milwaukee, WI PURPOSE: CHARITABLE | $16,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,993 |
David And Marguerite Reisfeld Foundation Inc Greenwich, CT PURPOSE: TO PROVIDE EDUCATION SCHOLARSHIPS | $2,500 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $5,286,936 |
| Earnings | -$296,505 |
| Net Contributions | $570,660 |
| Other Expense | -$564,533 |
| Grants | $744,952 |
| Ending Balance | $5,380,672 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |