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Phi Beta Psi Charity Trust Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237254166 ✦ Elida, OH ✦ Designated as a 501(c)(3)

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Overview

What is Phi Beta Psi Charity Trust Fund?

Phi Beta Psi Charity Trust Fund is a nonprofit organization situated in Elida, Ohio. Its primary mission is to provide funding for cancer research, channeling grants to medical professionals, hospitals, and universities in the field. The organization, as per the information provided, has disbursed a substantial sum of $380,842 for such research initiatives. Its activities are solely focused on grant provision, with no reported income derived from program services, as these services themselves are research-based. The Trust Fund, thus, contributes significantly to the ongoing efforts in cancer research.

Is Phi Beta Psi Charity Trust Fund legitimate?

Phi Beta Psi Charity Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Beta Psi Charity Trust Fund 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

For more financial information, click here

What is the mission statement of Phi Beta Psi Charity Trust Fund?

The Phi Beta Psi Charity Trust Fund's mission is centered around providing cancer research grants. They do not generate income from program services as these services are primarily research-focused, involving the distribution of funds to doctors, hospitals, and universities in the field of cancer. The organization has disbursed a substantial amount of $380,842 in research grant funds to various institutions, contributing to advancements in cancer research.

Who is the CEO of Phi Beta Psi Charity Trust Fund?

Kathy Stewart is the Treasurer/Trustee of Phi Beta Psi Charity Trust Fund.

What is the revenue of Phi Beta Psi Charity Trust Fund?

Phi Beta Psi Charity Trust Fund's revenue in 2022 was $369,506.

Who are the executives of Phi Beta Psi Charity Trust Fund and what are their salaries?

There 3 volunteers at Phi Beta Psi Charity Trust Fund.


Here are 3 key members and their salaries:


Kathy Stewart (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nanette Newell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Phi Beta Psi Charity Trust Fund?

Phi Beta Psi Charity Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Phi Beta Psi Charity Trust Fund

Phi Beta Psi Charity Trust Fund is dedicated to advancing cancer research by granting funds to medical professionals, hospitals, and universities in the field of oncology. The organization does not generate income from its program services, as these services involve providing research grants rather than delivering direct services.

The mission of Phi Beta Psi Charity Trust Fund is to support and facilitate groundbreaking research aimed at uncovering new treatments and improving existing ones for various types of cancer. By offering grants to esteemed institutions and researchers, such as Magee-Women Research Institute & Foundation, Dr. Faina Linkov, The Rector and Visitors of the University of Virginia, Dr. Chingzhi Zang; The University of Chicago, Chicago, Illinois, Dr. Jun Huang; Columbia University, New York, NY; Dr. Swarnali Acharyya; Washington University-St. Louis, MO, Dr. Kiran Mahajan, Ph.D.; Ohio State University-Wexner Medical Center, Dr. John Hayes; and numerous other additions, Phi Beta Psi Charity Trust Fund is making significant contributions to the global fight against cancer. As of the available data, the organization has disbursed a total of $380,842 in research grants, further underscoring its commitment to supporting cancer research.

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Impact




October, 2024

The Phi Beta Psi Charity Trust Fund significantly impacts cancer research through its grant disbursement program, channeling financial support to esteemed institutions and researchers across the country. By investing over $380,842 in research grants, the fund empowers doctors and scientists at leading organizations such as the Magee-Womens Research Institute & Foundation, the University of Virginia, The University of Chicago, Columbia University, and others.

These grants are vital in facilitating groundbreaking cancer research aimed at understanding, preventing, and treating various forms of cancer. Through collaborations with renowned experts like Dr. Faina Linkov, Dr. Chingzhi Zang, Dr. Jun Huang, and many others, the trust fund supports innovative studies that could lead to significant advancements in cancer care.

The focus on financing cutting-edge research not only helps advance scientific knowledge but also contributes to the broader goal of improving patient outcomes and fighting cancer. This impactful work reinforces the importance of funding in the battle against cancer, aiming to ultimately save lives while educating the next generation of researchers in the field.




This information is meant to be a general summary of Phi Beta Psi Charity Trust Fund. 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.

Revenue
$369,506 (2022)
Expenses
$380,342 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Gross Receipts: $369,506

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1973

Principal Officer

Kathy Stewart

Main Address

718 WEGER AVENUE, ELIDA, OH, 45807

NTEE Category

Code: B83 - Education

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