2012-07-06T05:00:03-07:00 2011-12-31 Dunbar Cook & Shepard PC 8250 Woodfield Crossing Blvd Ste 30 Indianapolis IN 462407305 990 2011-01-01 426075434 DELTA CHI EDUCATIONAL FOUNDATION DELT 3193374811 314 CHURCH STREET IOWA CITY IA 52245 KENNETH J SOUSA 2012-07-06 true MICHAEL A BERLIER 3174690169 2011 2016-02-24 21:20:13Z KENNETH J SOUSA 314 CHURCH STREET IOWA CITY IA 52245 995751 false false X WWW.DCEF.COM X 1954 IA THE MISSION OF DELTA CHI EDUCATIONAL FOUNDATION IS TO PROVIDE LEADERSHIP, SCHOLARSHIP, AND OTHER EDUCATIONAL SUPPORT TO THE UNDERGRADUATE MEMBERS AND CHAPTERS OF THE DELTA CHI FRATERNITY. 15 15 2 40947 -8553 388674 351328 0 92565 22443 45272 43524 526511 417295 134994 95403 0 109019 129627 0 107297 158242 137582 402255 362612 124256 54683 4574258 4599208 1094105 1111526 3480153 3487682 X THE MISSION OF DELTA CHI EDUCATIONAL FOUNDATION IS TO PROVIDE LEADERSHIP, SCHOLARSHIP, AND OTHER EDUCATIONAL SUPPORT TO THE UNDERGRADUATE MEMBERS AND CHAPTERS OF THE DELTA CHI FRATERNITY. false false 120541 82178 EACH YEAR THE PRESIDENTS "A"'S FROM EACH UNDERGRADUATE DELTA CHI CHAPTER ATTEND A LEADERSHIP AND MANAGEMENT SEMINAR AT A LOCATION IN SOUTHERN INDIANA. IT IS THE FRATERNITY'S PREMIER LEADERSHIP AND MANAGEMENT SKILLS DEVELOPMENT PROGRAM FOR LEADERS OF THE UNDERGRADUATE CHAPTERS. IT IS PROVIDED AT NO COST TO THE UNDERGRADUATE ATTENDEES. THE DELTA CHI EDUCATIONAL FOUNDATION ASSISTS IN RAISING MONEY TO FUND THIS IMPORTANT EDUCATIONAL SEMINAR. 12750 12750 25507 CHAPTER SCHOLARSHIP ACCOUNTS ("CSA'S") ENABLE INTERESTED ALUMNI OF EACH UNDERGRADUATE CHAPTER TO FUND SUCH ACCOUNTS TO PROMOTE AND REWARD ACADEMIC ACHIEVEMENT TO THE UNDERGRADUATES BY GIVING SCHOLARSHIPS TO RECOGNIZE AND ENCOURAGE OUTSTANDING STUDENTS. 475 54233 CHAPTERS AND COLONIES SEEKING TO BUILD OR RENOVATE A CHAPTER HOUSE CAN UTILIZE AN E-CHI ACCOUNT TO ACCUMULATE TAX-FREE DONATIONS TO BE APPLIED TOWARD ITS CONSTRUCTION OR RENOVATION. 222936 133766 true true false false false false false false false true true false false false true true false true false false false false false false false false false true true false false false false false false false false false false false false false false false false true true false false false false true 1 0 false 2 true true true false false false false false false false false false 0 false false false false false false false false false false false X 15 15 false false false false true true false true true false false false true true true true true false false true false false NY IN X KENNETH SOUSA 3193374811 314 CHURCH STREET IOWA CITY IA 52245 X JOHN G TUNILA 1.00 X 0 0 0 PATRICK F WEBER 1.00 X 0 0 0 ROY R PAYNE JR 1.00 X 0 0 0 DR E DUANE MEYER 1.00 X 0 0 0 MICHAEL E CARROLL 1.00 X 0 0 0 LEE P BERLIN 1.00 X 0 0 0 ROD ARNOLD 1.00 X 0 0 0 BOBBY L DEWRELL 1.00 X 0 0 0 KENNETH J SOUSA 1.00 X X 0 0 0 THADDEUS A TATUM 1.00 X X 0 0 0 KENNETH J SOUSA 1.00 X X 0 0 0 JOHN G TUNILA 1.00 X X 0 0 0 DONALD L LA PLANTE 1.00 X X 0 0 0 CHAD M WOLETT 1.00 X 0 0 0 JAMES M MARASCIO 1.00 X X 0 0 0 0 false false false 0 351328 351328 0 24249 24249 0 0 222936 181989 40947 40947 40947 392161 2500 390759 5708 1402 -3208 -1806 1402 -3208 0 0 0 OTHER INCOME 2577 2577 2577 417295 1402 40947 23618 71975 71975 23428 23428 0 0 0 0 128283 30130 30130 68023 0 1344 1344 0 0 8249 8249 23801 23801 0 0 0 1342 1342 0 12012 8541 3471 14819 122 14697 0 15820 7910 7910 0 12003 2581 9422 0 0 0 5865 5865 0 Repairs & maintenance 384 323 61 Postage and Shipping 4504 1461 3043 MISCELLANEOUS 8541 8541 In Kind Expense- TRAVEL 6704 6704 Annuity expense 23499 23499 39 39 362612 133766 121549 107297 358966 480614 352404 220478 0 0 0 0 0 0 3325 2628672 279122 2393183 2349550 1349389 1459811 0 0 15135 47654 105181 37776 4574258 4599208 3218 68692 18630 18630 835008 812683 237249 211521 1094105 1111526 X 1140995 1257504 898323 1416727 1440835 813451 3480153 3487682 4574258 4599208 X 54683 -47154 X false true true X false false X 642233 602443 389150 388674 351328 2373828 0 0 642233 602443 389150 388674 351328 2373828 0 2373828 155471 99325 184988 27028 29449 496261 0 3398 3115 15804 12478 2577 37372 2907461 0.81650 0.42760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1305351 9426 -29897 576968 9171 698741 1269683 36961 22132 -23425 1305351 1089326 14292 117070 48995 1269683 false false false 100000 100000 2465118 257748 2207370 63554 21374 42180 2349550 GIFT ANNUITY PAYABLE 211521 211521 417295 362612 54683 54683 552878 -47154 182737 135583 417295 417295 545349 182737 182737 362612 362612 Part X Part X : FIN48 Footnote THE FOUNDATION FILES ANNUAL RETURNS IN THE U.S. FEDERAL, INDIANA, AND NEW YORK JURISDICTIONS. CURRENTLY THE PRIOR THREE TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, INDIANA DEPARTMENT OF REVENUE, AND THE NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE. HOWEVER, THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT NOR HAS IT BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE FOUNDATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL SIGNIFICANT POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S RENTAL EXPENSES NETTED $181989 LOSS ON SALE OF EQUIPMENT $3208 MISC INCOME NETTED ON FS $-2460 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 RENTAL EXPENSES NETTED $181989 LOSS ON SALE OF EQUIPMENT $3208 MISC INCOME NETTED ON FS $-2460 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. THE DELTA CHI EDUCATIONAL FOUNDATION INTENDS TO USE IT'S ENDOWMENT FUNDS FOR ACADEMIC SCHOLARSHIPS. true DELTA CHI FRATERNITY PO BOX 1817 IOWA CITY IA 52244 420212285 501(c)(7) 71500 0 LEADERSHIP CONFERENCE 0 1 UIFI SCHOLARSHIP SENIOR RECOGNITION AWARD H.S. SENIOR SCHOLARSHIP CHAPTER SCHOLARSHIP & AWARDS BORELLI FAMILY LEADERSHIP Grantmaker's Description of How Grants are Used A GRANT IS AWARDED TO DELTA CHI FRATERNITY FOR THEIR LEADERSHIP CONFERENCE. A REQUEST FOR THE GRANT IS RETAINED ALONG WITH THE SCHEDULE OF EDUCATIONAL ACTIVITIES THAT ARE PART OF THE LEADERSHIP CONFERENCE.SCHOLARSHIP AWARDS PROVIDED TO INDIVIDUALS ARE BASED UPON SCHOLARSHIP REQUESTS. THE REQUEST MUST DEMONSTRATE THE INDIVIDUAL'S ACCOMPLISHMENTS OR ENDEAVORS TO SUPPORT AWARDING A SCHOLARSHIP. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT REQUIRED DISCLOSURES PURSUANT TO IRC SEC 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees DCEF DOES NOT PAY COMPENSATION TO THE MEMBERS OF THE BOARD OF DIRECTORS. THE ORGANIZATION DOES NOT HAVE A CEO. THE TWO EMPLOYEES ARE KEY EMPLOYEES. THEIR COMPENSATION IS DETERMINED AND APPROVED BY THE INDEPENDENT BOARD OF DIRECTORS. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts MEMBERS OF THE DCEF BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE SITUATIONS THAT COME TO THEIR ATTENTION WHEREBY THEY MAY HAVE A CONFLICT OF INTEREST. EMPLOYEES OF DELTA CHI EDUCATIONAL FOUNDATION (DCEF) ARE REQUIRED TO DISCLOSE BUSINESS SITUATIONS THAT WOULD BE IN CONFLICT WITH THE INTERESTS OF DCEF. ALL EMPLOYEES MUST DISCLOSE ALL PERSONAL OR PROFESSIONAL INVOLVEMENT WITH ANY OTHER FRATERNAL ORGANIZATION BEFORE ACCEPTING EMPLOYMENT WITH DCEF. AT THAT TIME IT WILL BE DETERMINED BY THE DCEF BOARD OF DIRECTORS IF SAID INVOLVEMENT WOULD CREATE A CONFLICT OF INTEREST. VIOLATION OF THIS POLICY MAY RESULT IN DISCIPLINARY ACTION, INCLUDING TERMINATION OF EMPLOYMENT. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process THE GOVERNING BOARD RECEIVES A DRAFT COPY OF THE INFORMATION RETURN ELECTRONICALLY FOR THEIR REVIEW. THE TREASURER COORDINATES THE APPROVAL OF THE GOVERNING BOARD. AFTER APPROVAL IS RECEIVED, THE INFORMATION RETURN IS SUBMITTED TO THE IRS. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder DELTA CHI'S WHO HAVE MADE A CONTRIBUTION OF MONEY OR PERSONAL PROPERTY TOTALING $200 OR MORE IN A CALENDAR YEAR BECOME VOTING MEMBERS OF THE DELTA CHI EDUCATIONAL FOUNDATION. THEY ARE ENTITLED TO BE ABLE TO CAST VOTES IN ELECTING MEMBERS OF THE BOARD OF DIRECTORS. DCEF MEMBERS WITH VOTING RIGHTS MAY VOTE IN PERSON, BY MAIL, OR BY PROXY EXECUTED IN WRITING. MEMBERS OF THE DCEF BOARD OF DIRECTORS MUST MAINTAIN A YEARLY CONTRIBUTION LEVEL OF $1,000 WHILE THEY SERVE ON THE BOARD. THE BOARD OF DIRECTORS ELECTS IT'S OFFICERS AND MEMBERS OF ITS EXECUTIVE COMMITTEE. Form 990, Part III, Line 4d Form 990, Part III, Line 4d : Other Program Services Description OTHER PROGRAM SERVICES 4: DCEF CORNELL LLC IS A WHOLLY OWNED SUBSIDIARY OF DCEF EDUCATIONAL FOUNDATION INC. DCEF CORNELL LLC OWNS THE CORNELL UNIC CHAPTER HOUSE. IT COLLECTS RENT FROM THE UNDERGRADUATE STUDENTS AND PAYS THE MORTGAGE ON THE HOUSE. OTHER EXPENSES ARE BUILDING INSURANCE, TAXES, AND REPAIRS. DCEF CORNELL LLC PO BOX 383 COLUMBUS IN 47202 REAL ESTATE IN 222936 2372523 NA DELTA CHI FRATERNITY PO BOX 1817 IOWA CITY IA 522441817 420212285 FRATERNITY IA 501(C)(7) N/A NA false false true false false false false false false false false false false true false false false false false DELTA CHI FRATERNITY m 31479 COST DELTA CHI FRATERNITY b 71500 CASH AMOUNT