2024-09-18T10:40:29-05:00 2024-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2023-06-01 351778450 SIGMA KAPPA FOUNDATION SIGM 3178723275 695 PRO MED LANE 300 CARMEL IN 46032 LISA SWIONTEK EXECUTIVE DIRECTOR 3178723275 2024-09-11 1 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2024-09-11 2023 2024-08-08 14:25:15Z LISA SWIONTEK 695 PRO MED LANE 300 CARMEL IN 46032 1814564 0 X WWW.SIGMAKAPPA.ORG X 1989 IN THE SIGMA KAPPA FOUNDATION EXISTS TO ENHANCE THE LIVES OF SIGMA KAPPA MEMBERS. 11 11 6 100 0 0 1266309 1265125 0 0 606578 455370 0 0 1872887 1720495 304935 317336 0 0 429584 491953 0 0 338621 424428 403921 1158947 1213210 713940 507285 9369444 10526713 418464 302850 8950980 10223863 X THE SIGMA KAPPA FOUNDATION EXISTS TO ENHANCE THE LIVES OF SIGMA KAPPA MEMBERS. 0 0 219502 175416 THROUGH ACTIVITIES THAT ENCOMPASS THE INDIVIDUAL CHAPTER, THE FRATERNITY/SORORITY COMMUNITY, THE UNIVERSITY COMMUNITY, AND SOCIETY IN GENERAL. THE SIGMA KAPPA FOUNDATION PROVIDES FUNDING FOR PROGRAMS AND RESOURCES DESIGNED TO PROMOTE PERSONAL AND LEADERSHIP DEVELOPMENT TOTALING NEARLY $3 MILLION SINCE 1989. GRANTS ARE MADE PURSUANT TO APPROPRIATE GRANT DOCUMENTATION. NO GRANTS OR ALLOCATIONS ARE/OR INCLUDE FOREIGN GRANTS.SIGMA KAPPA EDUCATIONAL GRANTS:EDUCATIONAL AREA GRANTS. THE EDUCATIONAL AREA GRANT PROGRAM IS A SPECIAL INITIATIVE WHEREBY THE SIGMA KAPPA FOUNDATION MAY MAKE HOUSING GRANTS FOR PURELY EDUCATIONAL SPACES IN LOCAL CHAPTER HOUSES, AS LONG AS THE SPECIFIC REQUEST COMPLIES WITH INTERNAL REVENUE SERVICE REQUIREMENTS. THE CHARITABLE PURPOSE OF THE EDUCATIONAL AREA GRANT PROGRAM IS TO IMPROVE THE EDUCATIONAL FACILITIES AVAILABLE AT ELIGIBLE CHAPTERS AND, AT THE SAME TIME, RELIEVE THE LOCAL COLLEGE OR UNIVERSITY OF SOME OF THE BURDEN OF PROVIDING STUDY AND LIBRARY FACILITIES. EDUCATION AND LEADERSHIP GRANTS. SEVERAL EDUCATIONAL AND LEADERSHIP PROGRAMS WERE SUPPORTED BY A FOUNDATION GRANT. SUMMIT FOR COLLEGIATE LEADERSHIP. THE SUMMIT FOR COLLEGIATE LEADERS IS A LEADERSHIP PROGRAM FOR COLLEGIATE OFFICERS AND ADVISORS. THROUGH A CURRICULUM FOCUSED ON LEADERSHIP TRAINING FOR ALL WOMEN, THE SUMMITS ARE DESIGNED TO PROVIDE PERSONAL DEVELOPMENT OF COLLEGIATE LEADERS AND FACILITATORS IN ATTENDANCE. IN 2024, THE SUMMIT FOR COLLEGIATE LEADERSHIP CURRICULUM AND OVERALL EXPERIENCE IS WRITTEN TO FOCUS SOLELY ON LEADERSHIP AND PERSONAL DEVELOPMENT TOPICS SPECIFIC TO THE NEEDS OF CURRENT CHAPTER LEADERS. DESIGNED TO FILL A LEADERSHIP GAP, THE SUMMIT FOR COLLEGIATE LEADERSHIP STRIVES TO DEVELOP LEADERS, EXPAND ON LEADERSHIP SKILLS FOR OFFICERS AND LAY THE GROUNDWORK FOR STRONG WORKING RELATIONSHIPS BETWEEN OFFICERS AND ADVISORS. VOLUNTEER TRAINING. THREE DIFFERENT EVENTS TOOK PLACE THROUGHOUT THE FISCAL YEAR THAT FOCUSED ON TRAINING OUR KEY VOLUNTEERS. THE NATIONAL HOUSING CORPORATION HOSTED THEIR HOUSING CONFERENCE IN JUNE 2023 AND THE SORORITY HOSTED TWO VOLUNTEER SUMMITS, ONE IN JUNE 2023 AND ONE IN FEBRUARY 2024. THESE EVENTS ARE DESIGNED TO GROW THE PERSONAL AND LEADERSHIP TRAITS OF THOSE WHO SERVE THE ORGANIZATION ON A LOCAL, REGIONAL AND NATIONAL LEVEL.TRAVELING LEADERSHIP SPECIALIST (TLS) GRANT. THE GRANT FOR THE TLS PROGRAM IS USED TO CONDUCT THE INDIVIDUAL AND GROUP COUNSELING OF CHAPTER MEMBERS AND THE TRAINING OF INDIVIDUALS TO DO SUCH COUNSELING. GROUP DEVELOPMENT INCLUDES WORKSHOPS AND LECTURES ON LEADERSHIP AND EDUCATIONAL DEVELOPMENT, ASSERTIVENESS TRAINING, ACHIEVEMENT OF HIGH SCHOLASTIC ATTAINMENT, CITIZENSHIP, CAREER DEVELOPMENT, ALCOHOL AND DRUG ABUSE PREVENTION AND ADVANCED LEADERSHIP TRAINING FOR SELECTED INDIVIDUALS. INDIVIDUAL COUNSELING INCLUDES ONE-ON-ONE SESSIONS WITH SELECTED UNDERGRADUATE CHAPTER MEMBERS OF THE SORORITY REGARDING LEADERSHIP OPPORTUNITIES AND SCHOLARSHIP AND STUDY TECHNIQUES, AND IN ADDITION EACH SPECIALIST SHOULD BE AVAILABLE TO ADVISE ANY CHAPTER MEMBER SEEKING INDIVIDUALIZED COUNSELING REGARDING EDUCATIONAL OPPORTUNITIES AND PROBLEMS.THIS PROGRAM EMBODIES THE ORGANIZATION'S CORE VALUE OF PERSONAL GROWTH. THE PROGRAM CONSISTENTLY CHALLENGES PARTICIPANTS BY PROVIDING OPPORTUNITIES FOR THE TLS TO PERSONALLY AND PROFESSIONALLY GROW AS WELL AS BECOME MORE DIVERSE IN THEIR SKILLSETS ALL WHILE MOTIVATING AND INSPIRING OTHERS. TLS GAIN AN UNDERSTANDING AND SENSE OF INDEPENDENCE, PATIENCE, CONFIDENCE AND STRENGTH THROUGHOUT THIS EXPERIENCE. THE TLS PROGRAM TEACHES THE IMPORTANCE OF NETWORKING AND RELATIONSHIP BUILDING, ALL WHILE UTILIZING THE SKILLSETS DEVELOPED TO INSPIRE OTHERS. ONE OF THE MOST POWERFUL PIECES OF THE PROGRAM IS LEARNING WHO YOU ARE AS AN INDIVIDUAL AND HAVING A STRONG SUPPORT SYSTEM ALONG THE WAY.CAREER DEVELOPMENT GRANT. IT IS ESSENTIAL NOW MORE THAN EVER FOR JOB SEEKERS TO KNOW AND ARTICULATE THEIR VALUE TO EMPLOYERS, ACCESS THEIR NETWORK, AND HAVE A RESUME THAT STANDS OUT. THE MISSION OF THIS PROGRAM IS TO SUPPORT WOMEN DURING A TURBULENT TIME TO CREATE A PLAN OF ACTION TO NAVIGATE THEIR CAREER. STUDENTS AND YOUNG ALUMNAE HAVE BEEN UNDER UNIQUE STRESS AS A RESULT OF CHANGING CIRCUMSTANCES IMPACTING THE WAY THEY FINISH THE SCHOOL YEAR AND PREPARE FOR THE WORKFORCE. TOP THEMES THAT CAREERHOUSE HAS IDENTIFIED THROUGH RESEARCH CONVERSATIONS WITH CURRENT STUDENTS AND YOUNG ALUMNAE INCLUDE: - NOT BEING ABLE TO COMPLETE EVERYTHING TO GRADUATE ON TIME - DECLINING GRADES - INTERNSHIP OR NEW POSITION OFFERS BEING RESCINDED OR CANCELLED - LACK OF INTERNSHIP OR JOB OPPORTUNITIES - BEING UNPREPARED FOR GRADUATION - FINANCIAL IMPLICATIONS - BEING ABLE TO MAINTAIN AN EFFICIENT SCHEDULE AND GOOD QUALITY WORK - UNDERSTANDING HOW THE JOB SEARCH PROCESS HAS CHANGEDBASED ON THE SUCCESS OF THE FIRST TWO OFFERINGS OF THIS PROGRAM IN JANUARY AND FEBRUARY 2021 AND 2022, AN EXPANSION OF THE PROGRAM WAS PLANNED FOR 2023 AND 2024. THIL INCLUDED TWO LIVE CAREER SUMMITS AND YEAR-LONG ACCESS TO READY-TO-ACCESS CONTENT WHEN MEMBERS NEED IT MOST BASED ON WHERE THEY ARE IN THEIR CAREER SEARCH PROCESS. MEMBERS ALSO HAVE THE OPPORTUNITY TO BUILD COMMUNITY AND SUPPORT ONE ANOTHER THROUGH PARTICIPATING IN THE CAREERHOUSE PLATFORM.NAME YOUR STORY MENTAL HEALTH RESOURCES. AT LEAST ONE IN FOUR STUDENTS EXPERIENCES A MENTAL HEALTH CHALLENGE. FOR THOSE WHO HAVE NOT PERSONALLY EXPERIENCED ANXIETY, DEPRESSION, OR ANOTHER MENTAL HEALTH CONCERN, CHANCES ARE THEY KNOW THOSE WHO HAVE. THE NAME YOUR STORY ONLINE EDUCATION PROGRAM GIVES STUDENTS THE OPPORTUNITY TO NOT ONLY LEARN ABOUT THE SIGNS AND SYMPTOMS OF SOME OF THE MOST COMMON MENTAL HEALTH PROBLEMS AFFECTING COLLEGE STUDENTS TODAY, IT ALSO PROVIDES TRAINING ON HOW TO TALK ABOUT THESE EXPERIENCES WITH EACH OTHER. THE PROGRAM INCLUDES ACCESS TO ONLINE MODULES COVERING 18 DIFFERENT TOPICS RELATED TO MENTAL HEALTH, WITH MULTIPLE MODULES INCLUDED FOR EACH TOPIC. ADDITIONALLY, FACILITATION GUIDES FOR STUDENT LEADERS, ADVISORS AND OTHER VOLUNTEER FACILITATORS ARE ABLE TO BE CUSTOMIZED BASED ON OUR SPECIFIC ORGANIZATIONAL NEEDS. A RESOURCE GUIDE IS ALSO PROVIDED AS A QUICK REFERENCE TOOL FOR MEMBERS. GUIDANCE ON PRE- AND POST-ASSESSMENTS IS ALSO PROVIDED TO EVALUATE STUDENT UNDERSTANDING, THEIR OPINIONS AND ADDITIONAL QUESTIONS. SERVICE IMMERSION EXPERIENCE. COLLEGIATE AND ALUMNAE MEMBERS PAIRED UP TO PARTICIPATE IN THE MISSION'S HOME REPAIR, COMMUNITY CLEANUP, FOOD SECURITY, AND CHRISTMAS PROGRAMS. WORKING SIDE-BY-SIDE TO AID THE CHERRYFIELD COMMUNITY IN DOWNEAST MAINE, THEY PROVIDED DIRECT SERVICE, DEVELOP CONNECTIONS WITH OTHER SIGMA KAPPA'S AND CREATED MEMORIES THEY WILL CARRY WITH THEM FOR THE REST OF THEIR LIVES. 214000 117785 102 SCHOLARSHIPS ARE AVAILABLE TO OUTSTANDING MEMBERS WHO EXEMPLIFY SIGMA KAPPA'S VALUES OF INTEGRITY, LEADERSHIP, ACADEMIC EXCELLENCE, AND OUR COMMITMENT TO SERVICE AND SISTERHOOD.SCHOLARSHIPS ARE PROVIDED BY THE FOUNDATION TO ENCOURAGE AND SUPPORT THE SCHOLASTIC DEVELOPMENT OF OUR COLLEGIATE AND ALUMNAE SISTERS. THESE WORTHY OPPORTUNITIES COULD NOT BE POSSIBLE WITHOUT SUPPORT FROM SIGMA KAPPA SISTERS, THEIR FAMILIES AND FRIENDS, AND OTHER DONORS. 115200 24135 THE FOUNDATION WAS CALLED UPON TO PROVIDE EMERGENCY ASSISTANCE TO 12 MEMBERS WHO HAVE SEVERE FINANCIAL DISTRESS DUE TO PRESIDENTIALLY-DECLARED DISASTERS, UNEXPECTED LIFE OCCURRENCES SUCH AS A LOSS OF A JOB AND ILLNESS. THESE GRANTS PROVIDE SOME RELIEF TO MEMBERS WHO ARE FACED WITH HORRIFIC ISSUES AND HAVE EXHAUSTED ALL OTHER FORMS OF SUPPORT. 548702 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AZ AR CA CT DC FL GA HI IL KS KY LA ME MD MA MS AL CO MO NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI MN MI IN X THE ORGANIZATION 3178723275 695 PRO MED LANE 300 CARMEL IN 46032 TAWNY JAMES PRESIDENT 5.00 X X 0 0 0 LAURA MICKLER VP FINANCE 5.00 X X 0 0 0 TERESA JOHN VP ADMIN 5.00 X X 0 0 0 ANN ADAMS TRUSTEE 2.00 X 0 0 0 ANGIE AHRENS TRUSTEE 2.00 X 0 0 0 KELLIE BRAY TRUSTEE 2.00 X 0 0 0 KATE HALL TRUSTEE 2.00 X 0 0 0 JENNIFER RASS TRUSTEE 2.00 X 0 0 0 AMBER SOERGEL TRUSTEE 2.00 X 0 0 0 LYNNE WALTER TRUSTEE 2.00 X 0 0 0 MARISA WILKES TRUSTEE 2.00 X 0 0 0 LISA SWIONTEK EXECUTIVE DIRECTOR 40.00 X 117317 0 18835 117317 0 18835 1 0 0 0 0 1265125 16975 1265125 344041 344041 205398 93431 638 111967 -638 111329 111329 1720495 0 0 455370 175416 175416 141920 141920 141072 35268 35268 70536 281022 89167 130804 61051 56099 16830 21879 17390 13760 3715 6331 3714 12304 615 8613 3076 78510 21198 36115 21197 96517 7084 13394 76039 55324 14938 25449 14937 41774 11279 19216 11279 16184 4046 4370 7768 20875 11273 6263 3339 6652 1796 3060 1796 16444 4439 7565 4440 FUNDRAISING 37605 37605 MISCELLANEOUS 8246 2226 3793 2227 PROFESSIONAL DEVELOPMEN 5831 1574 2682 1575 BAD DEBTS 5100 5100 2555 818 1085 652 1213210 548702 325887 338621 189855 174556 69038 130672 21030 20118 4517 21750 269885 265049 12126 4836 8922079 10060640 150799 114141 9369444 10526713 49462 71778 230981 128351 138021 102721 418464 302850 X 2973522 3325847 5977458 6898016 8950980 10223863 9369444 10526713 507285 765598 0 X X 0 1 X 1 0 X 1336133 941148 1478634 1266309 1265125 6287349 1336133 941148 1478634 1266309 1265125 6287349 6287349 185623 235576 452666 456308 344041 1674214 7961563 0.78970 0.81970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3959727 231271 535722 190419 4536301 4025043 199459 -75583 189192 3959727 4095983 197748 -64896 203792 4025043 3387196 98337 790339 162995 16894 4095983 3125780 277345 151238 -167167 3387196 0.86340 0.13660 0 0 10681 9025 1656 259204 256024 3180 4836 OPERATING LEASE LIABILITY 102721 102721 X 2486731 765598 765598 1721133 -638 -638 1720495 1213848 638 638 1213210 0 1213210 PART V, LINE 4: TO PROVIDE EDUCATIONAL PROGRAMMING AND SCHOLARSHIPS. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE LAW. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF MAY 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION HAS FILED ITS FEDERAL AND STATE INCOME TAX RETURNS FOR PERIODS THROUGH MAY 31, 2023 AND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIALS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS -638. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 638. 1 SIGMA KAPPA SORORITY 695 PRO-MED LANE CARMEL IN 46032 010158948 501(C)(7) 99812 0 LEADERSHIP AND EDUCATIONAL PROGRAMMING FOR MEMBERS GAMMA PHI HOUSE CORPORATION C/O SIGMA KAPPA NHC 695 PRO-MED LANE CARMEL IN 46032 930393272 501(C)(7) 65604 0 TO SUPPORT THE EDUCATIONAL COMPONENTS OF THE NEW GAMMA PHI CHAPTER'S HOUSE MAINE SEACOAST MISSION PO BOX 600 NORTHEAST HARBOR ME 04662 010216837 501(C)(3) 10000 0 HOUSING IMPROVEMENT PROGRAM 1 2 SCHOLARSHIPS 102 117785 ASSISTANCE GRANTS 12 24135 PART I, LINE 2: SCHOLARHIPS: SIGMA KAPPA FOUNDATION EVALUATES ELIGIBLE SCHOLARSHIP APPLICANTS OBJECTIVELY BASED ON A COMBINATION OF GRADE POINT AVERAGE, PARTICIPATION IN ACTIVITIES, HONORS RECEIVED. CHARITABLE CONTRIBUTIONS: THE BOARD OF TRUSTEES REVIEWS VARIOUS REQUESTS FROM 501(C)(3) ORGANIZATIONS, SUCH AS MAINE SEA COAST MISSION, AND EVALUATES THE MERIT OF SUCH REQUESTS TO DETERMINE IF A CHARITABLE CONTRIBUTION WOULD FULFILL THE EDUCATIONAL AND CHARITABLE MISSION OF THE SIGMA KAPPA FOUNDATION. WRITTEN DOCUMENTATION OF THE ORGANIZATION'S 501(C)(3) STATUS IS REQUIRED PRIOR TO MAKING A CONTRIBUTION. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED DURING THE FISCAL YEAR WITH THE FOLLOWING SIGNIFICANT CHANGES: - A GOVERNANCE COMMITTEE WAS ESTABLISHED TO NOMINATE POTENTIAL TRUSTEES. THE COMMITTEE WILL HAVE 4 TO 7 MEMBERS AND EFFORTS WILL BE MADE TO ENSURE A CROSS-REPRESENTATION OF EXPERIENCE WITH (NONPROFIT BOARD AND/OR FUNDRAISING, WHO ARE ABLE TO EFFECTIVELY PROMOTE THE MISSION AND WORK OF THE FOUNDATION, AND PREFERABLY HAVE PAST VOLUNTEER EXPERIENCE. AT LEAST ONE BOARD TRUSTEE WILL SERVE ON THE COMMITTEE. - OFFICER DUTIES WERE OUTLINED: 1. THE PRESIDENT SHALL: ACT AS THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION AND PRESIDE OVER MEETINGS OF THE FOUNDATION AND THE BOARD OF TRUSTEES. SHE WILL EXECUTE SUCH LEGAL PAPERS AND CONTRACTS AS MAY BE NECESSARY AND SUPERVISE GENERALLY THE BUSINESS INTERESTS OF THE FOUNDATION. SHE WILL ALSO APPOINT STANDING AND/OR SPECIAL COMMITTEES SUBJECT TO APPROVAL OF THE BOARD OF TRUSTEES NOT OTHERWISE PROVIDED FOR IN THESE BYLAWS, AS WELL AS PERFORM SUCH OTHER DUTIES AS PRESCRIBED BY THESE BYLAWS OR THE BOARD OF TRUSTEES. 2. THE VICE PRESIDENT OF ADMINISTRATION SHALL: SUPERVISE THE WORK OF COORDINATORS APPOINTED TO DEVELOP, FACILITATE, OR OTHERWISE SUPPORT EDUCATIONAL PROGRAMMING AND VOLUNTEER DEVELOPMENT OF THE FOUNDATION. SHE WILL ENSURE AN ACCURATE RECORD IS KEPT OF ALL THE ACTIONS OF THE FOUNDATION AND THE BOARD OF TRUSTEES. SHE WILL ALSO SEE THAT AN ACCURATE RECORD IS KEPT OF MEETINGS OF THE FOUNDATION AND THE BOARD OF TRUSTEES AND PERFORM SUCH OTHER DUTIES AS PRESCRIBED BY THESE BYLAWS OR THE BOARD OF TRUSTEES. 3. THE VICE PRESIDENT OF FINANCE SHALL: DIRECT THE COLLECTION, DISBURSEMENT, INVESTMENT AND OVERALL MANAGEMENT OF THE FUNDS OF THE FOUNDATION. SHE WILL PREPARE AN ANNUAL BUDGET FOR APPROVAL BY THE BOARD OF TRUSTEES AND PRESENT A REPORT ON THE FINANCIAL CONDITION OF THE BOARD TO THE MEMBERS OF THE FOUNDATION ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, EMPLOYEES, AND COMMITTEE MEMBERS OF THE FOUNDATION SUBMIT ANNUAL REPORTS ON A FORM APPROVED BY THE BOARD, IN WHICH THEY DISCLOSE ANY CONFLICT OR POTENTIAL CONFLICT BEFORE ANY ADDITIONAL BOARD OR COMMITTEE ACTION IS TAKEN. THESE ANNUAL REPORTS ARE REVIEWED BY THE OFFICERS OF THE BOARD, WHO ATTEMPT TO RESOLVE ANY ACTUAL OR POTENTIAL CONFLICTS AND, IN THE ABSENCE OF RESOLUTION, REFER ALL SUCH MATTERS TO THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION REVIEW PROCESS CONSISTS OF REVIEWING THE 990'S OF LIKE-SIZED/LIKE-MISSIONED ORGANIZATIONS. THE EXECUTIVE COMMITTEE (WHICH IS ALSO THE PERSONNEL COMMITTEE) RECOMMENDS COMPENSATION AND BOARD APPROVES. FORM 990, PART VI, SECTION C, LINE 19 SIGMA KAPPA FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE INDEPENDENT AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.