EIN 80-0296934

Beta Theta Pi Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
2008
Most recent tax filings
2023-05-01
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
$7,425,223
2023
Total expenses
$5,976,117
2023
Total assets
$33,457,442
2023
Num. employees
0
2023

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$1,252,872
Beta Theta Pi Holding CompanyDesignated Educational Area Grant$948,591
Beta Theta Pi Fraternity Alpha ChapterDesignated Educational Area Grant$622,318
...and 12 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$277,470
The Norcliffe FoundationThe Beta Leadership Fund$50,000
Schwab Charitable FundEducation$45,139
...and 35 more grants received totalling $518,602

Personnel at Beta Theta Pi Foundation

NameTitleCompensation
Jeff RundleChief Executive Officer$0
Uri OrmsbyChief Financial Officer$0
Phil FernandezChief Foundation Officer$0
Richard W BanksChairman$0
Randall D GrovesTreasurer$0
...and 13 more key personnel

Financials for Beta Theta Pi Foundation

RevenuesFYE 05/2023
Total grants, contributions, etc.$6,291,138
Program services$0
Investment income and dividends$980,344
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$260,368
Net gain from sale of non-inventory assets$-102,179
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-7,958
Miscellaneous revenues$3,510
Total revenues$7,425,223

Form 990s for Beta Theta Pi Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-11990View PDF
2022-052023-04-11990View PDF
2021-052022-04-13990View PDF
2020-052021-04-14990View PDF
2019-052020-10-16990View PDF
...and 9 more Form 990s
Data update history
August 10, 2024
Received grants
Identified 8 new grant, including a grant for $20,000 from The Beall Foundation
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 10 new personnel
May 18, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $30,250 from National Christian Foundation / Natl Christian Charitable FDN Inc
Nonprofit Types
Grantmaking organizationsMutual assistance organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsNational levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
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
2008
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
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0189066
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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