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Zeta Psi Educational Foundation

Zeta Psi Educational Foundation

Waltham, MA 02452
Tax ID13-1832953

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About this organization

Revenue

$954,865

Expenses

$915,776

Website

zetapsi.org

Mission

Promote scholarship, educational attainment and leadership excellence. Promote charitable activity.

About

Scholarship program-applications received were reviewed and 98 scholarships awards were processed for 68 persons ranging in size from $100 to $3,500 in accordance with internal revenue guidelines.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “Zeta psi educational foundation is a not for profit corporation organized in 1944. the foundation is governed by a volunteer board of trustees whose mission is educational and charitable. the foundation is exempt from tax liability under section 501(c) (3) of the internal revenue code.fundraising activities include publicizing and conducting fundraising campaigns; maintaining donor lists; conducting special fundraising events; and other activities involved with soliciting contributions from individuals, foundations, corporations, and others.”.

When explaining its purpose, the activities were described as: “Zeta psi educational foundation is a not for profit corporation organized in 1944. the foundation is governed by a volunteer board of trustees whose mission is educational and charitable. the foundation is exempt from tax liability under section 501(c) (3) of the internal revenue code.fundraising activities include publicizing and conducting fundraising campaigns; maintaining donor lists; conducting special fundraising events; and other activities involved with soliciting contributions from individuals, foundations, corporations, and others.”.

  • The filing provides the non-profit's address in 2020 as 15 SOUTH HENRY STREET, PEARL RIVER, NY, 10965.
  • The non-profit has a total of 3 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $39,089.
  • The CEO remuneration policy within the organization is not established through a review and endorsement from a neutral party.
  • The organization has 15 independent voting members.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $249,307 in salary, compensation, and benefits to its employees.
  • The organization pays $166,311 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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