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May/Jun 2024 | Vol. 81 No. 3

Finance Committee: Recommendations for

Investments and Funds

KG is composed of two nonprofit organizations: The Delta Kappa Gamma Society International (DKG, or
Dthe Society) and the DKG International Educators Foundation (DKGIEF, or the Foundation).
The Society has two funds – the Available Fund and the Permanent Fund. The Foundation, which administers
the charitable program of the organization, is made up of eight funds – an operating fund and the seven funds
for the programs it supports.
The Finance Committee recommends that the management of funds of this nature include investment
to sustain the strength of the funds and subsequently support their respective work. As a result of this

recommendation, state organizations and chapters are always looking for ways to invest their money. Multiple
options are available, and many considerations should support the decision to invest. Where to invest, how
long to invest, and the goal of the investment are but a few considerations. Interest rates, investment fees, and
finding a trustworthy investment company can be a challenge.
When a state organization invests with any investment advisor, an investment report should be provided
monthly with a detailed description of market fluctuation as well as changes in value. Interest earned may be
reinvested in the investment account or electronically deposited into the appropriate accounts in the state

organization’s or chapter’s local banking institution. The rates of interest being earned usually exceed local bank
offerings through savings accounts and Certificates of Deposit.
As with any investment, there is risk involved; it is absolutely vital to do your research prior to investing.
Ask for input and suggestions from international leaders, state organization leaders, friends, and coworkers.
A chapter’s or a state organization’s leaders should review its options and consider its goals and needs before
making the decision to invest. After that discussion, chapters or state organizations can then decide where to
invest and what kind of investment should be made.
It is recommended that the investment advisor be a fiduciary as the best interests of the state organization
or chapter would be his/her primary concern.

The Society and the Foundation both work with a
Royal Bank of Canada (RBC) Wealth Management
advisor who offers state organizations and
chapters the opportunity to invest under the
umbrella of the Society, which could provide
some advantages. A Finance Committee member
or the Society Finance Director can provide his

name and contact information upon request.
However, the choice of advisor and investment
company should be made with consideration
of many factors and with collaboration of state
organization or chapter executive leadership.
Please contact a member of the Finance
Committee if you have further questions.

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