# Delta Tau Delta Educational Foundation

Delta Tau Delta Educational Foundation is an Endowment / Foundation based in Fishers, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Fishers, United States
- **Region:** North America
- **Address:** 10000 Allisonville Road, Fishers, IN 46038, United States
- **Founded:** 1981
- **Assets under management:** $29.3M (Altss estimate)
- **Website:** delts.org
- **LinkedIn:** https://www.linkedin.com/company/delta-tau-delta-educational-foundation

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1981, the Delta Tau Delta Educational Foundation serves as the primary funding engine for Delta Tau Delta Fraternity's educational programs. The Foundation was established to raise, manage, and grant capital for scholarships, leadership training, and shelter construction. Its headquarters sits at the Fisher-Nichols Memorial building in Fishers, Indiana — a property it owns and leases in part to the Fraternity. The Foundation's grantmaking has surpassed $26 million, focused on educational programming for the Fraternity's chapters and members. Its investment strategy is notably diverse for an endowment of its size, spanning buyout, venture capital (seed through late stage), secondaries, and fund of funds commitments. The Foundation's portfolio is managed through a UBS relationship based in Indianapolis. Since 2012, the Foundation has also served as the primary vehicle for the Fraternity's national philanthropic partnership with Breakthrough T1D (formerly JDRF), a relationship that has raised nearly $2 million for type 1 diabetes research. The Foundation operates from its headquarters in Fishers, Indiana, under President Steve Vedra and a board chaired by Kenneth J. Kies and Daniel A. Dungan. It maintains active membership in the Foundation for Fraternal Excellence, where it has received multiple Awards of Distinction. Delta Tau Delta is a founding member of the North-American Interfraternity Conference. The Foundation's real estate holdings include the Fisher-Nichols Memorial Headquarters, a commercial property that generates lease income from the legally separate Delta Tau Delta Fraternity. What separates this foundation from a standard fraternity endowment is its multi-asset investment program. Rather than parking its corpus in a conservative 60/40 portfolio, it allocates across venture, buyout, and secondaries, potentially accessing manager relationships through its UBS-managed account. The Foundation's hybrid structure — a grantmaking nonprofit that simultaneously operates a commercial real estate lease with its affiliated fraternity — creates a self-reinforcing funding loop distinct from peer fraternal foundations.

## Sectors

- Education
- Real Estate

## People

- Steve Vedra — President
- Kenneth J. Kies — Chairman of the Foundation
- Michael Shonrock — Chairman of the Board of Directors
- Daniel A. Dungan — Chairman of the Board of Directors

## Questions

### Who makes investment decisions at the Delta Tau Delta Educational Foundation?

The Foundation's board, currently chaired by Kenneth J. Kies and Daniel A. Dungan, oversees investment policy. Day-to-day portfolio management is executed through a UBS managed account in Indianapolis. President Steve Vedra administers operations but the Foundation does not publicly disclose an internal CIO or investment committee structure.

### What is the relationship between the Foundation and the Delta Tau Delta Fraternity?

The Foundation and the Fraternity are legally separate entities. The Foundation owns the Fisher-Nichols Memorial Headquarters in Fishers, Indiana, and leases space to the Fraternity. The Foundation raises and grants funds to the Fraternity for educational purposes but operates with an independent board and investment strategy.

### What recognition has the Foundation received for its operations?

The Foundation has received multiple Awards of Distinction from the Foundation for Fraternal Excellence, a professional network for fraternity and sorority foundations. These awards recognize excellence in fundraising and financial reporting relative to peer organizations.

## Related profiles

- [Carol and James Collins Foundation](https://altss.com/profile/carol-and-james-collins-foundation)
- [Huntington University](https://altss.com/profile/huntington-university)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/delta-tau-delta-educational-foundation

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