Overview
What is Alpha Epsilon Pi Foundation Inc?
Alpha Epsilon Pi Foundation Inc, based in Indianapolis, Indiana, is a nonprofit organization dedicated to promoting the ideals and values of the Alpha Epsilon Pi fraternity. Their mission involves fostering leadership development, collaborating with educational and Jewish communal organizations, and providing scholarships, financial aid, and programming to enhance the experiences of their members and the wider community. The foundation primarily focuses on offering educational grants to individuals and institutions for academic purposes, assisting in tuition and book expenses. With a team of ten dedicated employees, Alpha Epsilon Pi Foundation Inc strives to support its fraternity members and contribute positively to the broader community.
Official website here: www.aepi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating from Charity Navigator
The Alpha Epsilon Pi Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored 87% in this category, indicating effective management of resources and transparency in operations. The high score is based on a comprehensive evaluation of financial practices, including the absence of material asset diversion and the presence of necessary policies such as conflict of interest and whistleblower protections.
Strengths of the foundation include a fully independent board, with 97% of its members being independent, which suggests robust governance practices. Additionally, the organization demonstrates a strong commitment to its mission, with a program expense ratio of 73.76%, indicating that a significant portion of its funds is allocated directly to its programs. The foundation also exhibits remarkably low liabilities, further showcasing financial stability and effective resource management.
However, while the financial metrics are impressive, the overall score derived solely from the Accountability & Finance category may indicate a lack of evaluation in other areas such as impact or program effectiveness. This limitation suggests that while the foundation is well-managed financially, prospective donors may want to seek further information on its programmatic outcomes to understand the full scope of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Alpha Epsilon Pi Foundation Inc legitimate?
Alpha Epsilon Pi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Epsilon Pi Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $582,225
For more financial information, click here
Official website here: www.aepi.org
What is the mission statement of Alpha Epsilon Pi Foundation Inc?
The Alpha Epsilon Pi Foundation Inc's mission is centered around promoting the principles and values of the Alpha Epsilon Pi fraternity. They achieve this through leadership development, collaborating with educational and Jewish communal organizations, providing scholarships, financial aid, and programming to enhance the well-being of their members and the community at large. The foundation's activities are geared towards bettering the lives of its brothers, with a focus on offering educational grants to individuals and institutions for academic purposes, aiding in the payment of tuition and books.
Official website here: www.aepi.org
Who is the CEO of Alpha Epsilon Pi Foundation Inc?
Jay Feldman is the Secretary of Alpha Epsilon Pi Foundation Inc.
Official website here: www.aepi.org
What is the revenue of Alpha Epsilon Pi Foundation Inc?
Alpha Epsilon Pi Foundation Inc's revenue in 2022 was $2,607,637.
Official website here: www.aepi.org
Who are the executives of Alpha Epsilon Pi Foundation Inc and what are their salaries?
The average compensation at Alpha Epsilon Pi Foundation Inc during 2022 was $58,222. There are 10 employees at Alpha Epsilon Pi Foundation Inc.
Here are 43 key members and their salaries:
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Official website here: www.aepi.org
Where can I find the form 990 for Alpha Epsilon Pi Foundation Inc?
Alpha Epsilon Pi Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aepi.org
Learn more at the official website: www.aepi.org
Mission Statement of Alpha Epsilon Pi Foundation Inc
Alpha Epsilon Pi Foundation Inc, as a charitable organization, is dedicated to upholding the ideals and values of the Alpha Epsilon Pi fraternity. It achieves this mission through various means, including leadership development, collaboration with educational and Jewish communal organizations, offering scholarships, providing financial support, and organizing programming for the betterment of its members and the wider community. The foundation's primary goal is to empower its brothers and contribute positively to their respective communities.
In pursuit of this mission, Alpha Epsilon Pi Foundation Inc offers educational grants to individuals and institutions for scholarly purposes. These grants assist in covering tuition costs and purchasing necessary books, thereby enabling recipients to focus on their studies and academic pursuits. By investing in education, the foundation aims to foster a culture of learning and personal growth, ultimately contributing to the betterment of its community. The foundation's mission is thus multifaceted, encompassing both the development of future leaders and the support of educational endeavors.
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Impact
October, 2024
Alpha Epsilon Pi Foundation Inc. significantly impacts the academic and communal landscape by championing the ideals of the Alpha Epsilon Pi Fraternity. Through leadership development initiatives, the Foundation empowers its members to become effective leaders within their communities.
By partnering with educational institutions and Jewish communal organizations, it fosters a collaborative approach to personal and professional growth. The Foundation provides essential scholarships and financial support to alleviate the burden of tuition and books, allowing individuals to pursue their educational aspirations without financial constraints.
Moreover, the programming offered not only enriches the lives of members but also contributes to the betterment of the broader community, creating a legacy of leadership and engagement that resonates beyond the fraternity.
This information is meant to be a general summary of Alpha Epsilon Pi Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $162,649
- Program Service Revenue: $45,150
- Gross Receipts: $2,607,637
Assets and Liabilities:
- Total Assets: $4,876,648
- Total Liabilities: $23,263
- Net Assets: $4,853,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENTAL
Revenue
$45,150
Organization Details
Founding Year
1945
Phone
(317) 876-1913Principal Officer
Jay Feldman
Main Address
8815 WESLEYAN RD, INDIANAPOLIS, IN, 462681185
Website
www.aepi.orgNTEE Category
Code: B83Z - Education
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