EIN 20-1217639

Beta Psi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2004
Most recent tax filings
2023-12-01
Description
The Beta Psi Foundation enhances educational opportunities, awards scholarships, and supports leadership development for active members of the Sigma Chi Fraternity at Georgia Tech.
Also known as...
The Association Group
Total revenues
$225,536
2023
Total expenses
$115,069
2023
Total assets
$2,309,355
2023
Num. employees
0
2023

Program areas at Beta Psi Foundation

The Beta Psi Foundation promotes, encourages and supports educational activities for the bill george Beta Psi chapter of the sigma chi fraternity by both awarding scholarships and student aid and developing future leaders. In 2023, the Foundation awarded $42,050 in scholarships to Georgia tech undergraduates. By hosting various social and networking activities with alumni and the undergraduate chapter, brotherhood is fostered among alumni and undergraduate brothers. Additionally, the Foundation encourages leadership for life, which promotes continued involvement from Beta Psi alumni in the lives and development of brothers and pledges.

Grants made by Beta Psi Foundation

GranteeGrant descriptionAmount
Sigma Chi FoundationSupport Programs$10,000

Who funds Beta Psi Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
George Family FoundationLeadership for Life Program and Scholarships at Georgia Tech$30,000
Schwab Charitable FundEducation$26,500
Kaye B Smith FoundationSupports Scholarships for Students$1,000
...and 3 more grants received

Personnel at Beta Psi Foundation

NameTitleCompensation
Charlie LockwoodVice President , Finance and Investments
Robby RankinVice President , Governance$0
Scott EanesVice President , Fundraising
Alan MadewellVice President , Foundations Relations$0
Warren StricklerAssistant Vice President , Finance and Investments$0
...and 21 more key personnel

Financials for Beta Psi Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$197,996
Program services$0
Investment income and dividends$10,409
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$42,046
Net income from fundraising events$-24,915
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$225,536

Form 990s for Beta Psi Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-12-19990View PDF
2022-122023-06-08990View PDF
2021-122022-11-08990View PDF
2020-122021-11-19990View PDF
2019-122021-02-17990View PDF
...and 10 more Form 990s
Data update history
January 26, 2025
Updated personnel
Identified 8 new personnel
January 19, 2025
Used new vendors
Identified 1 new vendor, including
December 28, 2024
Used new vendors
Identified 1 new vendor, including
December 28, 2024
Updated personnel
Identified 7 new personnel
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $30,000 from George Family Foundation
Nonprofit Types
Civic / social organizationsSchoolsFraternities and sororitiesCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1151 Hammond Dr Ne Ste 240
Atlanta, GA 30346
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
DeKalb County, GA
Website URL
betapsi.org/ 
Phone
(404) 962-6438
IRS details
EIN
20-1217639
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B83: Student Sororities, Fraternities
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Delinquent
FTB status revoked
Not revoked
AG Registration Number
CT0293050
FTB Entity ID
6133571
AB 488 data last updated ("as-of") date
2025-02-05
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