Endowment Information

Endowment funds for Omicron Delta Kappa are held by the OΔK Foundation. As of December 31, 2016, there were 17 funds managed and held by the Foundation with a total value of $1,135,804.63. Included among the 17 funds are 12 for scholarships, one for circle grants, one for national awards, and three for programs and operations. The minimum amount necessary to establish an endowment fund is $25,000.  A fund can be established initially with $5,000 and the remaining $20,000 added during the next four years.

Investment Policy

The Foundation’s investment policy calls for an asset mix of 55% in equity securities (publicly traded common stocks) and 45% in fixed-income securities (bonds).

Investment Manager

The Foundation’s endowment funds are managed by the Foundation Investment Committee.

Endowment Spending

The Investment Spending Policy for endowments managed by the Omicron Delta Kappa Foundation, Inc. allows for a distribution of up to five percent on a four-year rolling average, calculated annually at December 31. These amounts are included in the budget for the following fiscal year. The revenue from these investments provide funds for general scholarships and relieves the annual/operating fund from responsibility for scholarships.  In addition, budgeting for the named funds and their programs is based on this same spending policy and calculations.