Beta Psi Foundation Inc.
Beta Psi Foundation Inc.
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About this organization
Mission
Our mission is to provide scholarship awards to the brothers/pledges of the Beta Psi chapter of the Sigma Chi fraternity on the basis of scholastic achievement, leadership achievement, or financial need and to support their development by providing them with scholastic and leadership related training programs and facilities, thereby giving them the best possible foundation for their success.
About
In 2018, the foundation was pleased to award a total of 29,950 in scholarships to undergraduates of Georgia Tech, provided a grant of 10,000 to the Sigma Chi Foundation to support key leadership and scholarships programs provided undergraduates of the Beta Psi chapter, hosted a recognition dinner for these scholarship recipients, at a net gain to the foundation of 4,408 and coordinated a leadership workshop for the undergraduate members at a cost of 24,969. Non-program expenses for 2018 totaled 16,102.
Interesting data from their 2019 990 filing
The non-profit's aim, as stated in the filing, is “Our mission is to provide scholarship awards to the brothers/pledges of the beta psi chapter of the sigma chi fraternity on the basis of scholastic achievement, leadership achievement, or financial need and to support their development by providing them with scholastic and leadership related training programs and facilities, thereby giving them the best possible foundation for their success.”.
When referring to its actions, they were outlined as: “Our mission is to provide scholarship awards to the brothers/pledges of the beta psi chapter of the sigma chi fraternity on the basis of scholastic achievement, leadership achievement, or financial need and to support their development by providing them with scholastic and leadership related training programs and facilities, thereby giving them the best possible foundation for their success.”.
- The non-profit has complied with legal obligations by reporting their state of operation as GA.
- The non-profit's address in 2019 is noted in the filing as 596 CONCORD ROAD, SMYRNA, GA, 30082.
- The non-profit's form for 2019 reports a total of 0 employees.
- 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 $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $82,684.
- The CEO compensation package within the organization is not established through a review and approval by a neutral party.
- The organization has 21 independent voting members.
- The organization was formed in 2004.
- 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 $0 in salary, compensation, and benefits to its employees.
- The organization pays $9,350 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 a business related organization transaction.
- The organization has grants to organizations.