TY 2015 Form 990 Schedule O

efile Public Visual Render ObjectId: 201741179349301104 - Submission: 2017-04-27 TIN: 35-1976226

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

DELTA UPSILON EDUCATIONAL FOUNDATION

Employer identification number

35-1976226

Return Reference	Explanation
FORM 990, PART V, LINE 2A:	DELTA UPSILON EDUCATIONAL FOUNDATION AND DELTA UPSILON INTERNATIONAL FRATERNITY SHARE EMPLOYEES. ALL PAYROLL IS REPORTED UNDER A SINGLE PAYROLL ACCOUNT, THE FRATERNITY'S, AND ALL QUARTERLY AND ANNUAL PAYROLL FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF INDIANA ARE REPORTED UNDER THE FRATERNITY'S NAME. DURING THE FISCAL YEAR ENDED JUNE 30, 2016, THE FOUNDATION USED THE SERVICES OF 10 INDIVIDUALS ON THE FRATERNITY'S PAYROLL. THE FOUNDATION REIMBURSES THE FRATERNITY FOR THE ACTUAL COST OF THESE INDIVIDUAL'S COMPENSATION, INCLUDING BENEFITS AND PAYROLL TAXES. THESE PAYROLL AND RELATED COSTS ARE RECORDED AS EXPENSES ON PART IX, LINES 5 THRU 10, AND THE FRATERNITY TREATS THESE REIMBURSEMENTS AS EXPENSE REDUCTION. THE TOTAL COST OF THIS REIMBURSEMENT WAS $376,338 FOR THE YEAR.
FORM 990, PART VI, SECTION B, LINE 11	DELTA UPSILON EDUCATIONAL FOUNDATION RECEIVES AND REVIEWS A COPY OF FORM 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE EXECUTIVE COMMITTEE REVIEWS CONFLICT OF INTEREST DISCLOSURES. ACTUAL OR POTENTIAL CONFLICTS ARE ADDRESSED INDIVIDUALLY ON A CASE-BY-CASE BASIS AND RESOLVED TIMELY, IF APPLICABLE.
FORM 990, PART VI, SECTION B, LINE 15A	AT LEAST ANNUALLY, THE EXECUTIVE DIRECTOR RECEIVES AN ANNUAL PERFORMANCE REVIEW BY THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE. THE BOARD REVIEWS ANNUALLY THE OVERALL COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR. ANY DELIBERATIONS, FINDINGS, OR SALARY ADJUSTMENTS ARE DOCUMENTED.
FORM 990, PART VI, SECTION C, LINE 18	THE ORGANIZATION MAKES ITS ANNUAL FORM(S) 990 AND 990-T (IF APPLICABLE) AND ITS FORM 1023 AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST. ANNUAL FORM 990S CAN ALSO BE ATTAINED THROUGH THIRD PARTY WEBSITES SUCH AS WWW.GUIDESTAR.COM.
FORM 990, PART VI, SECTION C, LINE 19	DELTA UPSILON EDUCATIONAL FOUNDATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST.
FORM 990, PART XI, LINE 9:	CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -30,000.

Return Reference

Explanation

FORM 990, PART V, LINE 2A:

DELTA UPSILON EDUCATIONAL FOUNDATION AND DELTA UPSILON INTERNATIONAL FRATERNITY SHARE EMPLOYEES. ALL PAYROLL IS REPORTED UNDER A SINGLE PAYROLL ACCOUNT, THE FRATERNITY'S, AND ALL QUARTERLY AND ANNUAL PAYROLL FILINGS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF INDIANA ARE REPORTED UNDER THE FRATERNITY'S NAME. DURING THE FISCAL YEAR ENDED JUNE 30, 2016, THE FOUNDATION USED THE SERVICES OF 10 INDIVIDUALS ON THE FRATERNITY'S PAYROLL. THE FOUNDATION REIMBURSES THE FRATERNITY FOR THE ACTUAL COST OF THESE INDIVIDUAL'S COMPENSATION, INCLUDING BENEFITS AND PAYROLL TAXES. THESE PAYROLL AND RELATED COSTS ARE RECORDED AS EXPENSES ON PART IX, LINES 5 THRU 10, AND THE FRATERNITY TREATS THESE REIMBURSEMENTS AS EXPENSE REDUCTION. THE TOTAL COST OF THIS REIMBURSEMENT WAS $376,338 FOR THE YEAR.

FORM 990, PART VI, SECTION B, LINE 11

DELTA UPSILON EDUCATIONAL FOUNDATION RECEIVES AND REVIEWS A COPY OF FORM 990 PRIOR TO FILING.

FORM 990, PART VI, SECTION B, LINE 12C

THE EXECUTIVE COMMITTEE REVIEWS CONFLICT OF INTEREST DISCLOSURES. ACTUAL OR POTENTIAL CONFLICTS ARE ADDRESSED INDIVIDUALLY ON A CASE-BY-CASE BASIS AND RESOLVED TIMELY, IF APPLICABLE.

FORM 990, PART VI, SECTION B, LINE 15A

AT LEAST ANNUALLY, THE EXECUTIVE DIRECTOR RECEIVES AN ANNUAL PERFORMANCE REVIEW BY THE BOARD OF TRUSTEES' EXECUTIVE COMMITTEE. THE BOARD REVIEWS ANNUALLY THE OVERALL COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR. ANY DELIBERATIONS, FINDINGS, OR SALARY ADJUSTMENTS ARE DOCUMENTED.

FORM 990, PART VI, SECTION C, LINE 18

THE ORGANIZATION MAKES ITS ANNUAL FORM(S) 990 AND 990-T (IF APPLICABLE) AND ITS FORM 1023 AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST. ANNUAL FORM 990S CAN ALSO BE ATTAINED THROUGH THIRD PARTY WEBSITES SUCH AS WWW.GUIDESTAR.COM.

FORM 990, PART VI, SECTION C, LINE 19

DELTA UPSILON EDUCATIONAL FOUNDATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST.

FORM 990, PART XI, LINE 9:

CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -30,000.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

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