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Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc

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

EIN: 311105956 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc?

Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to support students at Butler University through scholarships and educational grants, chapter consultant programs, the Leadership College, and educational materials. During the 2022 tax period, they granted a total of $1,500 to eligible recipients. The Phi Delta Theta Foundation, which they are affiliated with, upholds the values of friendship, sound learning, and rectitude in its efforts to strengthen individuals for life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 13%

The Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc has received a low score of 13%, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the organization's financial accountability and governance practices, particularly noting a complete lack of independent board members, which is essential for ensuring proper oversight and decision-making.

Strengths of the organization include a perfect score for avoiding material diversion of assets, indicating that funds are managed without misappropriation. However, the overall financial health is troubling, with a program expense ratio of only 11.30%, suggesting that a minimal amount of funds are directed toward its intended charitable activities. Moreover, the absence of key policies like conflict of interest and whistleblower protections raises further concerns about operational transparency and ethical governance.

The organization also lacks basic online presence, as indicated by the missing website on its tax form, which can hinder public trust and accessibility of information. Overall, while there are some positive indicators regarding asset management, the severe deficiencies in governance and program funding warrant caution for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc legitimate?

Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund 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: $14,340
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc?

The Indiana Gamma Chapter of Phi Delta Theta Fraternity Scholarship Fund Inc. is committed to providing scholarships, educational grants, chapter consultant programs, leadership college, and educational materials to students at Butler University. This mission aims to support the academic growth and development of these students, fostering a strong foundation of friendship, sound learning, and rectitude, as per the Phi Delta Theta Foundation's core values. During the 2022 tax period, grants totaling $1,500 were issued to further this cause.

Who is the CEO of Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc?

Jack Werner is the President of Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc.

What is the revenue of Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc?

Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc's revenue in 2023 was $12,307.

Who are the executives of Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc and what are their salaries?


Here are 6 key members and their salaries:


Jack Werner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gorin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Phillippe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Cuppy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc?

Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc

Indiana Gamma Chapter of Phi Delta Theta Fraternity Scholarship Fund Inc is dedicated to providing various educational resources to students at Butler University. Their mission is multifaceted, encompassing the provision of scholarships, educational grants, chapter consultant programs, leadership colleges, and educational materials. By doing so, this organization aims to support the academic and personal growth of its beneficiaries, fostering an environment that encourages sound learning and rectitude, in line with the core values of Phi Delta Theta Fraternity.

During the 2022 tax period, grants totaling $1,500 were issued, indicating the organization's commitment to financially supporting its students. The Indiana Gamma Chapter of Phi Delta Theta Fraternity Scholarship Fund Inc also offers chapter consultant programs and a leadership college, providing practical guidance and training to help students develop essential skills for success in their academic and future endeavors. Through these efforts, the organization seeks to strengthen its students, upholding the tradition of Phi Delta Theta Fraternity and its core values.

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Impact




August, 2024

The impact of the Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund Inc is significant in providing scholarships, educational grants, chapter consultant programs, the Leadership College, and educational materials to students of Butler University. By supporting these initiatives, the organization helps strengthen men for life by emphasizing core values such as friendship, sound learning, and rectitude. During the 2022 tax period, grants totaling $1,500 were issued, demonstrating the tangible support provided to students pursuing their educational goals. Through its mission to support education, the fund plays a vital role in empowering students and enhancing their academic pursuits at Butler University.




This information is meant to be a general summary of Indiana Gamma Chapter Of Phi Delta Theta Fraternity Scholarship Fund 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.

Revenue
$12,307 (2023)
Expenses
$17,215 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $521
  • Gross Receipts: $12,307

Assets and Liabilities:

  • Total Assets: $460,429
  • Total Liabilities: $0
  • Net Assets: $460,429

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Organization Details

Founding Year

1948

Principal Officer

Jack Werner

Main Address

8830 ROYAL MEADOW DRIVE, INDIANAPOLIS, IN, 46217

NTEE Category

Code: B83 - Education

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