Deke Foundation

Governance

The Deke Foundation is governed by a eight-man Board of Trustees.

  • Paul Mullin
    Paul Mullin Sigma Beta-UCSB 1993
  • Stanford McMillan
    Stanford McMillan Gamma-Vanderbilt 1989
  • Doug Lanpher, President
    Doug Lanpher, President Gamma-Vanderbilt 1977
  • C. Allen Favrot
    C. Allen Favrot Tau Lambda-Tulane 1947
  • Carmen Davoli
    Carmen Davoli Phi Gamma-Syracuse 1961
  • Robert Cudd, Treasurer
    Robert Cudd, Treasurer Alpha Chi-Trinity 1969
  • P. Albert Bienvenu, Secretary
    P. Albert Bienvenu, Secretary Zeta Zeta-LSU 1970
  • Edward “Tee” Baur
    Edward “Tee” Baur Beta-North Carolina 1968

The Deke Foundation’s assets are managed through an account with Raymond James Financial (Tuscaloosa, AL office). Financial reports are prepared by the accounting firm Greek Resource Services, based in Tuscaloosa, AL. Legal matters are typically referred to Fraternal Law Partners, Cincinnati, OH. That firm is not on retainer but is generally who the Deke Foundation relies on for legal opinions about governance, procedures, etc.

Grants Committee

to consider grant requests from Delta Kappa Epsilon Fraternity or other requesters, and make recommendations to the full Board. Chairman:  (TBD)

Investment Committee

to oversee the Foundation’s investment decisions and recommend investment strategies to the full Board. Chairman: Stanford McMillan.

The Committees will make recommendations to the Board, but with regard to governance, it has been the practice of the Foundation for all major decisions to be made by the full Board, rather than by Committees.

Updates

History

The Deke Foundation was founded as the Rampant Lion Foundation in 1982. In 2016 it requested and was granted by the State of Michigan a “doing business as” status as the Deke Foundation. Therefore the official corporate name of the organization is the Rampant Lion Foundation, but it will be known as the Deke Foundation.

This change was made to widen the appeal of the Foundation, and to better reflect our new direction, which is to support Delta Kappa Epsilon’s educational efforts. The name Deke Foundation should strengthen the understanding among alumni and undergraduates alike that the Foundation exists to support the chapters and members of the DKE Fraternity.

The Deke Foundation’s assets are managed through an account with Raymond James Financial (Tuscaloosa, AL office). Financial reports are prepared by the accounting firm Greek Resource Services, based in Tuscaloosa, AL. Legal matters are typically referred to Fraternal Law Partners, Cincinnati, OH. That firm is not on retainer but is generally who the Deke Foundation relies on for legal opinions about governance, procedures, etc.

New Direction 2017

The Foundation is embarking on a new direction beginning in 2017, which is to provide funding to DKE fraternity for its educational programming. DKE’s annual alumni fundraising program is now being conducted by the Foundation rather than the Fraternity. Since the Deke Foundation is a qualified 501(c)(3) organization, this benefits our alumni by making such donations fully tax-deductible under U.S. tax law.

Chapter Designated Funds

The Deke Foundation has established designated funds for each active chapter. For any donation made to the Foundation, alumni may direct up to 50% of that amount to a chapter fund. Once a Designated Fund reaches $5,000, the Foundation may at its discretion grant money to members of that chapter for approved educational and charitable purposes.

Named Scholarship Funds

Alumni who wish to donate a minimum of $5,000 per year or $25,000 in total to the Foundation, may establish a named Scholarship Fund in his name, directed specifically to members of his chapter, or to members at large.