KAPPA KAPPA GAMMA FOUNDATION

EIN: 316049792 501(c)(3) Education

DUBLIN, OH

Total Revenue
$9,599,311
Total Expenses
$5,672,929
Total Assets
$63,802,942
Net Assets
$62,443,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
OH
Principal Officer
KYLIE SMITH
Phone
6142286515
Tax Period
2023-07-01 to 2024-06-30

KAPPA KAPPA GAMMA FOUNDATION, founded in 1989, is a community nonprofit in the Education sector that reported $9.6M in total revenue in fiscal year 2023. Revenue surged 151% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.9M, a strong 41% operating margin.

Mission

INVESTING IN OUR MEMBERS BY FUNDING PROGRAMS THAT FULFILL THE EVOLVING NEEDS OF WOMEN.

Program Service Accomplishments

Program 1
Expenses: $1,602,700

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...

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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.

Program 2
Expenses: $1,125,342

EDUCATIONAL AND LEADERSHIP PROGRAMMING: THE FOUNDATION SUPPORTS THE DEVELOPMENT AND USE OF EDUCATIONAL AND LEADERSHIP PROGRAMS THAT ARE AVAILABLE TO OVER 320,927 MEMBERS, IN-PERSON AND VIRTUALLY. THE...

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EDUCATIONAL AND LEADERSHIP PROGRAMMING: THE FOUNDATION SUPPORTS THE DEVELOPMENT AND USE OF EDUCATIONAL AND LEADERSHIP PROGRAMS THAT ARE AVAILABLE TO OVER 320,927 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 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.

Program 3
Expenses: $323,789

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...

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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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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,289,122
Program Service Revenue $0
Investment Income $1,292,755
Other Revenue $17,434
TOTAL REVENUE $9,599,311

Expense Breakdown

Grants Paid $2,827,776
Salaries & Benefits $1,091,649
Fundraising Expenses $751,560
Program Expenses $3,287,503
Other Expenses $1,654,804
TOTAL EXPENSES $5,672,929

Year-over-Year Comparison

2023 2022 Change
Revenue $9,599,311 $3,824,207 +1.5%
Expenses $5,672,929 $5,863,274 0.0%
Net Income $3,926,382 $-2,039,067 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSANNE WOLFF FICK TRUSTEE 10.00
Director
$0 $0 $0
CYNTHIA HEABERLIN BEAIRD TRUSTEE 10.00
Director
$0 $0 $0
MARY PAT ROONEY TRUSTEE 10.00
Director
$0 $0 $0
CHRISTINA FRANK ERWIN TRUSTEE 10.00
Director
$0 $0 $0
AMANDA BROWN LANG TREASURER 10.00
Officer Director
$0 $0 $0
CANDY KAELIN DEEMER TRUSTEE 10.00
Director
$0 $0 $0
BARB ADAMS GOETTELMAN TRUSTEE 10.00
Director
$0 $0 $0
TIANA FOWLER RONSTADT TRUSTEE 10.00
Director
$0 $0 $0
PEGGY BLACK MEYER PRESIDENT 10.00
Officer Director
$0 $0 $0
KEO FRAZIER TRUSTEE (THROUGH 6/10/24) 10.00
Director
$0 $0 $0
MARIA BROWN TRUSTEE 10.00
Director
$0 $0 $0
ALEX CAMPION YOUNG TRUSTEE 10.00
Director
$0 $0 $0
KELLY FACKEL EXECUTIVE DIRECTOR AS OF JAN 2024 40.00
Officer
$0 $0 $0
JANE STEINER INTERIM EXECUTIVE SECRETARY 37.50
Highest
$113,561 $22,874 $136,435
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $9,599,311 $5,672,929 $63,802,942 $3,926,382
2023 $3,824,207 $5,863,274 $55,354,104 $-2,039,067
2022 $10,787,350 $6,444,171 $53,485,327 $4,343,179
2021 $13,530,354 $5,834,636 $61,610,671 $7,695,718
2020 $9,077,849 $9,818,564 $48,213,422 $-740,715
2019 $5,667,929 $7,033,857 $50,687,717 $-1,365,928
2018 $6,776,088 $5,458,451 $51,325,219 $1,317,637
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