Kappa Sigma Endowment Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366018518 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

Overview

What is Kappa Sigma Endowment Fund?

The Kappa Sigma Endowment Fund is a charitable organization, established with the mission to support Kappa Sigma Fraternity by offering educational scholarships and programs. Headquartered in Charlottesville, Virginia, the Endowment Fund has been a significant source of financial aid for exceptional Kappa Sigma student leaders since 1948, awarding over 5 million dollars in scholarships to date. During the 2022 fiscal year (FY22), they provided 195 merit-based scholarships and further supported the Dr. John W. Ryan Leadership Circle by granting 23 scholarships. Additionally, the Endowment Fund manages and awards scholarships from chapter-designated investment accounts, distributing 410 merit-based scholarships in FY22. Furthermore, they grant funds to organizations that assist military veterans through the Military Heroes Campaign. The Kappa Sigma Endowment Fund continues to uphold its commitment to supporting the fraternity's members in their academic pursuits and personal development.


Official website here: www.http//ef.kappasigma.org

Is Kappa Sigma Endowment Fund legitimate?

Kappa Sigma Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kappa Sigma Endowment Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.http//ef.kappasigma.org

What is the mission statement of Kappa Sigma Endowment Fund?

The Kappa Sigma Endowment Fund, established as a nonprofit organization, is dedicated to generating resources for charitable purposes related to the Kappa Sigma Fraternity. The primary mission of this endowment fund is to provide scholarships and educational programs for the fraternity's members. Since 1948, the Scholarship-Leadership Awards Program has been a significant highlight of its activities, with approximately 5 million dollars awarded to outstanding student-leaders within the fraternity. The Endowment Fund is recognized as one of the leading Greek foundations in providing financial support to undergraduate members. In addition to its scholarship programs, the fund provides merit-based scholarships through designated investment accounts and grants through the Military Heroes Campaign to organizations supporting military veterans.


Official website here: www.http//ef.kappasigma.org

Who is the CEO of Kappa Sigma Endowment Fund?

Thomas P Bishop is the Chairman of Kappa Sigma Endowment Fund.


Official website here: www.http//ef.kappasigma.org

What is the revenue of Kappa Sigma Endowment Fund?

Kappa Sigma Endowment Fund's revenue in 2022 was $3,653,643.


Official website here: www.http//ef.kappasigma.org

Who are the executives of Kappa Sigma Endowment Fund and what are their salaries?

Here are 8 key members and their salaries:

    Thomas P Bishop (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donal L Mcclamroch Jr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin S Kaplan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey S Mckenzie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam J Merillat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Christian Nascimento (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hugh M Robert (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Gebhardt (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.http//ef.kappasigma.org

    Where can I find the form 990 for Kappa Sigma Endowment Fund?

    The Kappa Sigma Endowment Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.http//ef.kappasigma.org

    Learn more at the official website: www.http//ef.kappasigma.org

    Mission Statement of Kappa Sigma Endowment Fund

    The Kappa Sigma Endowment Fund, established with a benevolent and charitable purpose, is a nonprofit organization dedicated to supporting Kappa Sigma Fraternity. Its mission is to generate resources that cater to the educational needs of the fraternity's members. The Endowment Fund accomplishes this by providing scholarships and various educational programs for the fraternity's student members.

    Since its inception in 1948, the Scholarship-Leadership Awards Program has been the Endowment Fund's flagship initiative. This program has awarded approximately 5 million dollars in scholarships to outstanding student leaders within the fraternity. The Endowment Fund plays a significant role in supporting undergraduate members, making it one of the preeminent Greek foundations in this regard.

    During the fiscal year 2022, the Endowment Fund disbursed 172 merit-based scholarships, in addition to 23 scholarships offered through the Dr. John W. Ryan Leadership Circle. Furthermore, the Endowment Fund manages and provides scholarship awards from chapter-designated investment accounts. In 2022 alone, this chapter scholarship fund awarded 410 merit-based scholarships to deserving student leaders. Additionally, the Endowment Fund provides grants through the Military Heroes Campaign to organizations that aid military veterans.

    Impact

    This information is meant to be a general summary of Kappa Sigma Endowment Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Kappa Sigma Endowment Fund is significant in providing scholarships and educational programs for the members of the Kappa Sigma Fraternity. Since 1948, the Endowment Fund has awarded approximately 5.0 million in scholarships through its Scholarship-Leadership Awards program, making it one of the preeminent Greek foundations in financial support to undergraduate members. In addition to merit-based scholarships, the Endowment Fund also administers chapter designated investment accounts, providing further educational opportunities for outstanding student-leaders. Furthermore, the Fund's Military Heroes Campaign has supported military veterans through grants to organizations dedicated to assisting them. Overall, the Fund's efforts have a direct and positive impact on the educational and personal development of Kappa Sigma members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $240,282
  • Program Service Revenue: $0
  • Gross Receipts: $5,294,726

    • Assets and Liabilities:
  • Total Assets: $17,499,104
  • Total Liabilities: $3,056,448
  • Net Assets: $14,442,656
  • Organization Details

    Founding Year

    1919

    Principal Officer

    Thomas P Bishop

    Main Address

    1610 SCOTTSVILLE RD, CHARLOTTESVILLE, VA, 22902

    NTEE Category

    Code: B83 - Education

    If you are a representative of Kappa Sigma Endowment Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.