Overview
What is Sigma Chi Greystone Foundation Inc?
Sigma Chi Greystone Foundation Inc, based in Ithaca, New York, is a nonprofit organization primarily focused on promoting scholastic and educational awards for individual members and the chapter of Sigma Chi, a fraternity, at Cornell University. Their mission involves providing educational grants to cover various aspects of the chapter house and supporting the academic growth of its members. The Foundation operates from an address on Co Sciarabba Walker 410 E Upland, Ithaca, NY 14850.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
The Sigma Chi Greystone Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational areas. While the organization excels in accountability and finance with a perfect score of 100%, it faces significant shortcomings in transparency practices, particularly in its lack of essential policies and missing documents on its website.
The foundation demonstrates a strong commitment to using funds effectively, as reflected in its high program expense ratio of 73.90%. Additionally, the organization boasts a fully independent board, scoring perfectly in governance-related metrics. However, the absence of a conflict of interest policy, whistleblower policy, and various other documentation indicates potential areas for growth in governance and transparency.
Overall, while the Sigma Chi Greystone Foundation Inc performs well financially and has a competent oversight structure, its need for improved transparency and adherence to best practices in governance detracts from its overall effectiveness and could impact donor confidence. Addressing these issues would greatly enhance its standing and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Sigma Chi Greystone Foundation Inc legitimate?
Sigma Chi Greystone Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Chi Greystone 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: $0
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What is the mission statement of Sigma Chi Greystone Foundation Inc?
The Sigma Chi Greystone Foundation Inc's mission is centered around promoting scholastic and educational awards. This is done not only for individual members but also for the chapter of Sigma Chi, which is affiliated with Cornell University. The primary goal is to support the educational aspects of the chapter house and provide educational grants. In essence, the foundation aims to foster academic growth and success among its members.
Who is the CEO of Sigma Chi Greystone Foundation Inc?
Peter Wilhelm is the Co-President of Sigma Chi Greystone Foundation Inc.
What is the revenue of Sigma Chi Greystone Foundation Inc?
Sigma Chi Greystone Foundation Inc's revenue in 2023 was $53,038.
Who are the executives of Sigma Chi Greystone Foundation Inc and what are their salaries?
There 4 volunteers at Sigma Chi Greystone Foundation Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sigma Chi Greystone Foundation Inc?
Sigma Chi Greystone Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sigma Chi Greystone Foundation Inc
Sigma Chi Greystone Foundation Inc is dedicated to promoting scholastic and educational achievements among its individual members and the chapter of Sigma Chi, which is affiliated with Cornell University. Their mission is to provide financial support for the educational aspects of the Sigma Chi chapter house and to award educational grants to deserving students. By doing so, the foundation aims to foster academic excellence and personal growth within the Sigma Chi fraternity at Cornell University.
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Impact
August, 2024
Sigma Chi Greystone Foundation Inc's impact is seen in its dedication to promoting scholastic and educational awards for individual members and the Sigma Chi chapter at Cornell University. By providing grants to cover educational aspects of the chapter house and offering educational grants, the foundation supports the academic pursuits and growth of Sigma Chi members. Through its focus on education, Sigma Chi Greystone Foundation Inc contributes to the development and success of future leaders within the Cornell University community.
This information is meant to be a general summary of Sigma Chi Greystone 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 2023.
- Investment Income: $12,728
- Gross Receipts: $53,038
Assets and Liabilities:
- Total Assets: $684,841
- Total Liabilities: $5,000
- Net Assets: $679,841
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Organization Details
Founding Year
2005
Phone
(607) 272-5550Principal Officer
Peter Wilhelm
Main Address
CO SCIARABBA WALKER 410 E UPLAND, ITHACA, NY, 14850
NTEE Category
Code: B82 - Education
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