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.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
DELTA GAMMA FOUNDATION
 
Employer identification number

31-6034001
Return Reference Explanation
FORM 990, PART V, LINE 2A DELTA GAMMA FOUNDATION AND DELTA GAMMA 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 OHIO ARE REPORTED UNDER THE FRATERNITY'S NAME. 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 $1,184,440 FOR THE YEAR.
FORM 990, PART VI, SECTION A, LINE 6 THE VOTING MEMBERS OF THE FOUNDATION CONSIST OF ALL THE ELECTED MEMBERS OF THE DELTA GAMMA FOUNDATION BOARD OF TRUSTEES, THE DELTA GAMMA FRATERNITY COUNCIL, THE DELTA GAMMA FRATERNITY DIRECTORS, THE DELTA GAMMA FOUNDATION DIRECTORS AND COORDINATORS AND THE DELTA GAMMA FOUNDATION EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION A, LINE 7A THE ELECTED TRUSTEES OF THE FOUNDATION ARE ELECTED BY THE MEMBERS OF THE FOUNDATION WHICH CONSIST OF THE ELECTED MEMBERS OF THE DELTA GAMMA FOUNDATION BOARD OF TRUSTEES, THE DELTA GAMMA FRATERNITY COUNCIL, THE DELTA GAMMA FRATERNITY DIRECTORS, THE DELTA GAMMA FOUNDATION DIRECTORS AND COORDINATORS AND THE DELTA GAMMA FOUNDATION EXECUTIVE DIRECTOR. ANY VOTE TAKEN BY THE MEMBERS OF THE FOUNDATION REQUIRES A SIMPLE MAJORITY WITH 51% OF THE VOTES ATTRIBUTABLE TO THE FOUNDATION POSITIONS AND 49% OF THE VOTES ATTRIBUTABLE TO THE FRATERNITY POSITIONS.
FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE FOUNDATION ALLOWED TO VOTE ON GOVERNANCE DECISIONS AT THE ANNUAL MEETING OF THE MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE RECEIVES A DRAFT OF THE 990 PRIOR TO BEING FILED. UPON REVIEW, THE COMMITTEE WILL SUGGEST ANY CHANGES AND THEN APPROVE. UPON COMMITTEE APPROVAL, IT RECOMMENDS ULTIMATE APPROVAL TO THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ANNUAL CONFLICT FORMS TO BE SIGNED AND THEN REVIEWS THOSE SIGNATURES FOR COMPLETENESS AND POTENTIAL CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD CONDUCTS AND EVALUATES PERFORMANCE REVIEWS OF THE EXECUTIVE DIRECTOR. THE COMMITTEE RESEARCHES AND OBTAINS COMPARABILITY DATA REGARDING COMPENSATION OF EXECUTIVE DIRECTORS OF SIMILAR SIZED ORGANIZATIONS IN THE REGION. THE COMMITTEE DELIBERATES AND DECIDES ALL COMPENSATION MATTERS. WRITTEN MINUTES ARE KEPT OF SUCH DELIBERATIONS. DECISIONS OF THE COMMITTEE ARE SUBJECT TO APPROVAL BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. ANNUAL FORM 990S CAN ALSO BE OBTAINED ON THE DELTA GAMMA FOUNDATION WEBSITE.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTER -8,946. CHANGE IN VALUE OF ANNUITY -25,817.
FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR THE AUDIT AND REVIEWING AND APPROVING THE AUDITED FINANCIAL STATEMENTS AND THE FORM 990. NO CHANGES HAVE OCCURED IN THIS PROCESS FROM THE PRIOR YEAR.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


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