Delta Sigma Delta Educational Foundation Inc is located in Katonah, NY. The organization was established in 1955. 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 Sigma Delta 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 Sigma Delta Educational Foundation Inc generated $22.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $50.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Delta Sigma Delta Educational Foundation Inc has awarded 71 individual grants totaling $110,573. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUING GRANTS AND STUDENT LOANS TO DENTAL STUDENTS. ON JUNE 30, 2022 THERE WERE 44 LOANS OUTSTANDING AND THERE WAS A TOTAL OF $40,000 IN NEW LOANS ISSUED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Karsten Secretary-Treasurer | 1 | $0 | |
Gary H Westerman President | 1 | $0 | |
Cy Tenn Vice President | 1 | $0 | |
Rocco Ciccone Trustee | 1 | $0 | |
Neal Cronin Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,115 |
| Interest on Savings | $1 |
| Dividends & Interest | $11,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,591 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,397 |
| Total Revenue | $22,738 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,583 |
| Printing and publications | $288 |
| Other expenses | $11,480 |
| Total operating and administrative expenses | $27,363 |
| Contributions, gifts, grants paid | $22,975 |
| Total expenses and disbursements | $50,338 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,948 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $216,172 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $612,751 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $901,871 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Delta Sigma Delta Educational Foundation Inc has awarded $22,975 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
EPSILON CHAPTER PURPOSE: ARM STUDENT TRAINING | $3,000 |
ZETA ZETA CHAPTER LSU PURPOSE: ARM STUDENT TRAINING | $1,175 |
ALPHA DELTA CHAPTER MIDWESTERN REGI PURPOSE: ARM STUDENT TRAINING | $1,625 |
ALPHA CHAPTER MIDEAST REGION MICHIG PURPOSE: ARM STUDENT TRAINING | $1,625 |
RHO CHAPTER CENTRAL REGION ILLINOIS PURPOSE: ARM STUDENT TRAINING | $1,325 |
EPSILON CHAPTER UNIVERSITY OF PENNS PURPOSE: ARM STUDENT TRAINING | $1,625 |