2018-02-20T09:29:39-06:00 2017-06-30 341827159 GILMORE JASION MAHLER LTD 1715 INDIAN WOOD CIRCLE STE 100 MAUMEE OH 43537 990 2016-07-01 316049792 KAPPA KAPPA GAMMA FOUNDATION KAPP 6640 RIVERSIDE DRIVE No 200 DUBLIN OH 43017 Beth Burkes Executive Director 6142286515 2018-02-20 1 HEIDI FERGUSON P00410007 4197942000 2018-02-20 70.61.47.2 2018-02-20 09:28:32 ES P 6743249C22048FBA2C13B0BA4D29A5A5CA526A46 0894DEE95462A49BCE21A58B781C07A82D502D8C 2016 2021-01-29 14:40:06Z Beth Burkes 6640 RIVERSIDE DRIVE No 200 DUBLIN OH 43017 16008316 0 X www.kappa.org/foundation X 1989 OH See Schedule O.The mission of the Kappa Kappa Gamma Foundation is to support the lifetime development of women through the funding of educational programs, financial assistance and preservation of Kappa heritage. 13 13 0 40 -163616 -163616 3163172 6231639 63245 64241 312786 349131 0 13448 3539203 6658459 1674450 5463307 0 0 673139 709849 79414 190809 829805 1289847 1076339 3716850 7440304 -177647 -781845 42901219 46131222 782610 112917 42118609 46018305 X The mission of the Kappa Kappa Gamma Foundation is to support the lifetime development of women through the funding of educational programs, financial assistance and preservation of Kappa heritage. 0 0 876915 797281 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 based on a combination of factors including academic merit, financial need and participation and leadership in Kappa, campus and community activities. The Foundation provides confidential aid to deserving 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. 779355 732641 Educational and Leadership Programming: The Foundation supports the development and use of Educational and leadership programs that are available to over 200,000 alumnae and more than 16,000 undergraduate members. Through our Girl's Academy, we are also providing leadership programming and mentorship to hundreds of middle school girls every year. Through these programs we are making a lifetime investment in the education and training of women. 3933387 3933385 64241 Educational Area Grant: Provides Grants for the educational areas of chapter houses. 255948 Museums: The Foundation supports the operation of the Heritage Museum in Columbus, Ohio and the stewart house, home of Founder Minnie Stewart, in monmouth, Illinois. The Kappa Kappa Gamma Foundation is committed to funding the preservation of Kappa's heritage, not just to showcase antique jewelry or a piece of furniture, but to tell the story of the positive impact of women's fraternities on society (and particularly the role we have played in empowering women) and teach from our history. 255948 5845605 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 14 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 AK AR CA CO CT DC FL GA HI IL KS KY LA MA MD MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X Heather Root 6142286515 530 East Town Street Columbus OH 43215 Kay Reid Tennison President 10.00 X X 0 0 0 Pat McInnis Cooper Vice President 10.00 X X 0 0 0 Jean Schmidt Treasurer 10.00 X X 0 0 0 Jill Powell Goldberg Museums Committee Chairman 10.00 X 0 0 0 Katherine Scholberg Weeks Financial Assistance Chairman 10.00 X 0 0 0 Beth Uphoff Black Trustee 10.00 10.00 X 0 0 0 Mary Jane Jackson Crist Trustee 10.00 X 0 0 0 Christina Frank Erwin Trustee 10.00 X 0 0 0 Nancy Eyermann Foland Trustee 10.00 10.00 X 0 0 0 Tamela Jones Lanier Trustee 10.00 X 0 0 0 Julie Marine Leshay Trustee 10.00 X 0 0 0 Gail Simpson Owen Trustee 10.00 10.00 X 0 0 0 Susanne Wolff Vander Heyden Trustee 10.00 X 0 0 0 Laura Elizabeth Burkes Executive Director/ Secretary 40.00 X 162862 0 16485 162862 0 16485 1 0 1 0 Silvercrest Asset Management Group LLC 9030 Stony Point Parkway 570 Richmond VA 23235 investment consulting 136680 1 1944 6229695 709860 6231639 Rent from related party 900099 64241 64241 64241 913139 -164624 1077763 8784841 1008 9349857 0 -565016 1008 -564008 1008 -565016 Miscellaneous Revenue 900099 13448 13448 13448 6658459 64241 -163616 526195 4666027 4666027 797280 797280 179348 36372 44891 98085 413064 83770 103390 225904 19243 3902 4817 10524 54710 11095 13694 29921 43484 8819 10884 23781 16371 16371 32500 32500 190809 190809 216186 216186 1000 1000 42125 19782 8792 13551 69142 27700 29957 11485 60705 31730 15820 13155 76625 23721 18396 34508 27412 27412 109012 55670 16931 36411 Cost-based reimbursemen 214248 20746 135894 57608 Development and Public 84063 84063 Trustee Fees 66622 66622 Museum MGMT & Maintenan 58991 58991 1337 1337 7440304 5845605 764894 829805 1160907 330535 1754500 2255647 32158 416811 44763 29068 2961697 1894587 1102504 1067110 27207538 12570114 10936358 28794264 662491 667673 42901219 46131222 62626 38759 719984 74158 782610 112917 X 10722858 11649389 12724751 14331256 18671000 20037660 42118609 46018305 42901219 46131222 -781845 4681541 0 X 0 1 X 1 0 X 2297259 3522671 3752597 3223172 6231639 19027338 2297259 3522671 3752597 3223172 6231639 19027338 1571110 17456228 1113715 1026292 1595994 1154379 913139 5803519 78 78 1188 1767 1304 13448 17707 24848642 231651 0.70250 0.72500 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous - 2012 Amount: $ 1,188. 2013 Amount: $ 1,767. 2014 Amount: $ 1,304. 2016 Amount: $ 13,448. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 19398538 1211660 2289223 609048 149696 22140677 20517237 570592 -959732 576594 152965 19398538 20624059 372592 278834 605600 152648 20517237 18390995 132587 2793087 553575 139035 20624059 17142080 251629 1660071 529332 133453 18390995 0.89800 0.10200 0 0 15500 15500 2371179 1517780 853399 33978 24442 9536 220256 129736 90520 320784 222629 98155 1067110 Private Equity Limited Partnerships 1823439 F Real Estate Limited Partnerships 1588545 F Fund of Funds 4414311 F Hedge Funds 2819879 F Vanguard Total Stock 2609343 F Oppenheimer Senior 2630982 F Artisan Intl Value Fund 3220001 F Matthews Asia Dividend 3171656 F Parnassus Core Eqty Fd 3063492 F Vanguard Growth Index Fd 3452616 F 28794264 Due to Kappa Kappa Gamma Fraternity 74158 74158 X 11123814 4681541 4681541 6442273 216186 216186 6658459 7224118 0 7224118 216186 216186 7440304 Part III, Line 1a: The foundation owns many collectible and historical items which were not capitalized on the financial statements as they were acquired because it was impracticable to determine a value. Part III, Line 4: The foundation supports the operation of the heritage museum in columbus, ohio, and the stewart house museum in monmouth, illinois. These public museums depict the life and times of women of the victorian period and the founders of kappa kappa gamma fraternity and feature exhibits from the archives of the fraternity. the foundation develops programs such as tradition of leadership: education to enfranchisement, curator's tour of tradition of leadership, archives in a box, voyage of discovery and others available to the public. Part V, Line 4: scholarships, financial aid, and leadership academy Part X, Line 2: The Foundation is organized as a non-profit corporation and has obtained exemption from Federal income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code. In addition, the Foundation qualifies for the charitable contribution deduction under Section 170(b)(I)(A) and has been classified as an organization that is not a private foundation under Section 509(a). Guidance issued by the Financial Account Standards Board (FASB) requires the Foundation to recognize a tax liability only if it is more-likely-than-not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of uncertain tax position that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. The Foundation has examined this issue and has determined there are no material contingent liabilities or questionable tax positions. The Foundation does not expect the total amount of uncertain tax positions to significantly change in the next 12 months. The Foundation recognizes interest and/or penalties related to income tax matters in income tax expense. The Foundation did not have any amounts accrued for interest and penalties at June 30, 2017 and 2016. Central America and the Caribbean Investments 4539516 East Asia and the Pacific Investments 2819879 0 0 0 0 0 0 7359395 0 7359395 1 0 1 1 1 0 Part I, line 3: N/A - the organization does not have expenditures overseas. X X X X X 1 Words data and images dba gabriel group 3190 Rider Trail S Earth City MO 63045 Annual Loyalty Fund Production/Fulfillment 0 592639 98199 494440 Aria Communications 717 W St Germain St St Cloud MN 56301 Parent Campaign Solicitation and fulfillment 0 88012 22411 65601 Pennington & Company 501 Gateway Dr Suite A Lawrence KS 66049 Capital Campaign Assistance 0 0 70199 -70199 680651 190809 489842 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR SC SD TN TX UT VT VA WA WV WI WY 1 Beta Nu House Corporation 55 E 15th avenue Columbus OH 43201 316034320 501(C)(7) 97749 Educ. Areas and FAcilities Delta Psi House Corporation 9 Greek Cir Lubbock TX 794165814 237189490 501(C)(7) 51678 Educ. Areas and Facilities Kappa Kappa Gamma Fraternity 530 E Town St Columbus OH 43215 314221880 501(C)(7) 727144 Educational Grants Gamma Nu House Corporation 800 W Maple St Fayetteville AR 727013232 237332073 501(C)(7) 656047 Educ. Areas and Facilities Beta Xi House Corporation 2001 University Ave Austin TX 787055623 741219941 501(C)(7) 3026781 Educ. Areas and Facilities Epsilon Alpha House Corporation 2634 Lubbock Ave Fort Worth TX 76109 756024415 501(C)(7) 101131 Educ. Areas and Facilities 0 6 Financial Aid 103 225644 Scholarships 182 571636 Schedule I, Part 1, line 2 - procedures for monitoring use of grant funds Kappa kappa gamma fraternity provides quarterly reports to the foundation for review of how the funds are being spent. The final report is signed by the executive directors of the fraterntiy and foundation for approval. Grant applicants prepare and submit to the foundation board of trustees a grant application form disclosing the intended use and purposes of a grant. The foundation board of trustees reviews and votes on the propriety of a grant based upon the information contained on the grant application form. if approved, each grant is governed by procedures set forth in a written grant agreement between the recipient and the foundation. The grant agreement requires: 1) The Grant Funds to be used exclusively for educational and charitable purposes; 2) The maintenance by the grantee of detailed records relating to the use of the grant funds; 3) The grant recipient allows foundation representatives access to information relevant to its use of the grant fund proceeds; and 4) provides for the return of grant funds if such funds are not used in the manner specified in the grant agreement. 0 0 0 0 0 0 0 0 0 Laura Elizabeth Burkes Executive Director/ Secretary 162862 0 0 0 0 0 12637 0 3848 0 179347 0 0 0 X 38 709860 Market Value 0 1 1 Part I, Column (b): Securities - publicly traded - There were 38 various contributions of stock during FY 17. Part I, Line 32b: Investment company receives stock donations and is instructed to sell upon receipt and transfer proceeds to Foundation bank account. Form 990, Part VI, Section A, line 6 The members of the corporation shall be the members of the council of kappa kappa gamma fraternity, serving from time to time. at the annual meeting of the members of the corporation, the members shall elect trustees from a slate presented to the members. Form 990, Part VI, Section A, line 7a See narrative for Part VI, Line 6 Form 990, Part VI, Section A, line 8b No committee has the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Upon completion of the tax return by an independent tax preparer, management performs a detailed review of the form 990. The final form 990, as filed with the irs, is then provided to every voting member of the board of trustees. the board of trustees reviews the form 990 with the assistance of the independent tax preparer. Form 990, Part VI, Section B, line 12c The Foundation Board of Trustees, foundation finance committee members, managers and officers review the conflict of interest policy annually. Each board member, finance committee member, manager and officer indicates whether there are any conflicts and these conflicts are reviewed by the treasurer. Board members abstain from voting on topics where a potential or real conflict of interest exists. Board minutes reflect this action. Form 990, Part VI, Section B, line 15a In FY 2017, The organization reviewed and approved the Executive Director's compensation utilizing salary surveys that included similar organizations in their deliberation process. The organization does not have any other officers or key employees. Therefore, line 15b has been answered "no" per the Form 990 instructions. Form 990, Part VI, Section C, line 19 documents are available upon request and after the board of trustees have reviewed the request for approval. Kappa Kappa Gamma Fraternity 6640 RIVERSIDE DRIVE Ste 200 Dublin OH 43017 314221880 Fraternity OH 501(C)(7) N/A 0 Charitable Remainder Trust DBA Drais Trust c/o Wells Fargo Bank N A Trust Tax Winston Salem NC 27101 956819324 Investments NC T 20899 260380 1.00000 1 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 Charitable Remainder Trust DBA Drais Trust A 8209 FMV