NonprofitsAlpha Delta Foundation

Education

Alpha Delta Foundation

RALEIGH, NC

Total revenue

$31K

Total expenses

$13K

Net assets

$864K

Grants received

$775K

12 grants

EIN

844755084

Tax year

2024

Mission

The corporation was formed to promote education by the grant of awards scholarships to persons who are full-time undergraduate students in good standing at the university of north carolina chapel hill with preference to such person who are members of the alpha delta chapter of the alpha tau omega fraternity, based upon such eligibility criteria and selection criteria as may be approved from time-to-time by the corporation's board of directors. The purpose of the scholarship awards is to promote and reward the values of academic achievement and service to the chapter, the university, and the broader community, and to serve as a beacon to attract to the fraternity young men who share these values.

Financials

FY 2024

Revenue

Contributions & grants$32K
Program service revenue
Investment income
Other revenue
Total revenue$31K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$13K
Total expenses$13K
Total assets$864K
Net assets$864K

People

5 listed

NameRoleCompensation

JOHN R GARDNER

PRESIDENT

Board

2 hrs/wk

JUSTIN PLUMMER

VICE PRESIDENT

Board

2 hrs/wk

EDWARD T SHIPLEY III

TREASURER AND SECRETARY

Board

2 hrs/wk

SPENCER BEARD

DIRECTOR

Board

1 hrs/wk

CHRIS RUTH

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$13K
HOUSING GRANT REQUEST BASED ON EDUCATIONAL PERCENTAGE
2024
$52K
HOUSING GRANT REQUEST BASED ON EDUCATIONAL PERCENTAGE
2023
$254K
REQUEST TO REMOVE MONEY FROM ATO FOUNDATION INTO LOCAL FOUNDATION
2021
$391K
GENERAL PURPOSE
2020

Funded by

$775K from 5 funders · 12 grants · 2020–2024

Triangle Community Foundation Inc

$391K · 1 grant · 2020

Alpha Tau Omega Foundation Inc

$318K · 3 grants · 2021–2024

Donor Advised Charitable Giving Inc

$56K · 3 grants · 2020–2023

Joseph D And Margit Ambersley

$10K · 4 grants · 2020–2023

Bell Schaefer Family Foundation

$50 · 1 grant · 2023

Details

EIN844755084
NTEE codeB82
Subsection03
Ruling date2020-08
Formed2020
Employees0
Volunteers0
ALPHA DELTA FOUNDATION — Mission, Financials & Grants Received | Grantivo