28.12.2014 Views

biennial report of beth martin langford kappa delta sorority national ...

biennial report of beth martin langford kappa delta sorority national ...

biennial report of beth martin langford kappa delta sorority national ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Nancy B. Hall Magazine Agency<br />

Sales <strong>of</strong> magazines by collegians and alumnae to benefit the Chapter House Fund remain an integral<br />

part <strong>of</strong> the chapter housing fund. Magazine sales for August 1, 2009 – April 1, 2011 biennium were<br />

$947,642.17. Online ordering remains an emphasis. This program remains a strong support system<br />

for chapter housing, without it we would not be able to make needed repairs to aging facilities or to<br />

provide the many new facilities that are the trend on campuses.<br />

Miscellaneous Activity<br />

Billhighway was selected as a third party vendor for chapter accounting in 2011. The program will<br />

enable our chapters to collect fees, pay bills and will <strong>of</strong>fer sound fiscal management regardless <strong>of</strong> the<br />

chapter <strong>of</strong>ficers’ level <strong>of</strong> experience. By streamlining the process, chapter <strong>report</strong>ing and fiscal<br />

management will be much improved. Chapter Advisory Boards’ and the National Leadership Team<br />

members’ ability to monitor individual chapter finances will also be greatly enhanced. While<br />

chapters will pay a nominal fee for the service, it will be significantly reduced because <strong>of</strong> the<br />

preferred vendor status and should also be <strong>of</strong>fset due to a higher collection rate due to using the<br />

program.<br />

After careful analysis by the NVP-F, headquarters staff and the finance committee, a new database<br />

provider for the <strong>sorority</strong> and the Kappa Delta Foundation was selected - the iMIS system. The new<br />

database will serve as a platform for all that the KDS and the KDF hope to accomplish during the<br />

next ten years and we are excited to implement the transition in the last quarter <strong>of</strong> 2011.<br />

Financial Statement<br />

Following several years with auditing firm Ness and Company/K.B. Parrish and in keeping with best<br />

practices, the <strong>sorority</strong> requested proposals for auditing services. While the relationship with K.B.<br />

Parrish was strong, a new firm <strong>of</strong>fering higher levels <strong>of</strong> service and experience in additional areas <strong>of</strong><br />

interest to the <strong>sorority</strong> and the foundation was selected. Dixon-Hughes auditing firm was<br />

contracted to begin with the fiscal year 2008-09 audit.<br />

Kappa Delta’s annual financial statements are compiled following an audit by Dixon-Hughes,<br />

approved by the National council and <strong>report</strong>ed in the winter issues <strong>of</strong> The Angelos. Kappa Delta<br />

enjoys a strong financial foundation achieved through sound fiscal management practices and<br />

investment strategies.<br />

NATIONAL PANHELLENIC CONFERENCE<br />

NPC Annual Meetings<br />

The National Panhellenic Conference held its annual meeting October 2009 with the theme<br />

“Women Leading the Experience.” NPC continues to advocate for the value <strong>of</strong> the <strong>sorority</strong><br />

experience as our story and purpose is shared through an enhanced media/image campaign and<br />

through a greater online presence including several new Web sites, a parent advice blog, as well as<br />

8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!