EIN 80-0296934

Beta Theta Pi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
2010
Most recent tax filings
2022-05-01
Description
The Beta Theta Pi Foundation fosters charitable, scientific, literary, and educational purposes of the fraternity by offering designated educational area grants to renovate or construct educational areas in chapter houses, such as libraries, study rooms, and computer rooms. The organization also provides educational grants to organizations that align with its mission and awards tuition scholarships to individuals attending institutions of higher education in North America.
Total revenues
$6,703,723
2022
Total expenses
$4,934,892
2022
Total assets
$33,085,697
2022
Num. employees
0
2022

Program areas at Beta Theta Pi Foundation

The organization provides educational grants to organizations that further the Foundation's mission, as well as provide tuition scholarships to individuals attending institutions of higher education in north america.
Designated educational area grants are available from restricted chapter funds and can cover the cost of construction or renovation of educational areas in the chapter house such as the library, study room, computer room, as well as educational furnishings, including computer equipment and internet access. Operational grants are also available from restricted chapter funds in subsequent years to cover the expenses related to operating these educational areas annually
Tuition scholarships were awarded for students to attend a north american college or university.

Grants made by Beta Theta Pi Foundation

GranteeGrant descriptionAmount
Beta Theta PiLeadership Development$912,162
Beta Theta Pi Corporation of OklahomaDesignated Educational Area Grant$660,000
Gamma Delta Building AssociationDesignated Education Area Grant$453,569
...and 5 more grants made

Who funds Beta Theta Pi Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$212,289
Lankton Family FoundationSupport of the Next Century Castle Campaign To Renovate and Maintain the Educational Portions of the Beta Delta Chapter House at Cornell$100,000
Schwab Charitable FundEducation$69,978
...and 29 more grants received totalling $691,605

Personnel at Beta Theta Pi Foundation

NameTitleCompensation
Ormsby UriChief Financial Officer$0
Fernandez PhilChief Foundation Officer$0
Jeff RundleExecutive Director
Feinstein Micheal GChairman$0
Rundle JeffPast Executive Director$0
...and 12 more key personnel

Financials for Beta Theta Pi Foundation

RevenuesFYE 05/2022
Total grants, contributions, etc.$3,988,531
Program services$0
Investment income and dividends$1,417,532
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$243,335
Net gain from sale of non-inventory assets$1,034,246
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-2,764
Miscellaneous revenues$22,843
Total revenues$6,703,723

Form 990s for Beta Theta Pi Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-052021-04-14990View PDF
2019-052020-10-16990View PDF
2018-052019-03-15990View PDF
2017-052018-03-14990View PDF
2016-052017-01-19990View PDF
...and 6 more Form 990s
Data update history
June 12, 2023
Updated personnel
Identified 5 new personnel
May 15, 2023
Updated personnel
Identified 10 new personnel
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Staley Family Foundation
November 21, 2022
Updated personnel
Identified 1 new personnel
November 3, 2022
Updated personnel
Identified 8 new personnel
Nonprofit Types
Grantmaking organizationsMutual assistance organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsEndowed supportProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
5134 Bonham Rd
Oxford, OH 45056
Metro area
Cincinnati, OH-KY-IN
County
Butler County, OH
Website URL
beta.org/foundation/ 
Phone
(800) 800-2382
IRS details
EIN
80-0296934
Fiscal year end
May
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y11: Mutual and Membership Benefit Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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