Overview
What is Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc?
Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc is a nonprofit organization headquartered in Indianapolis, Indiana. Their primary mission is to provide financial assistance to students attending Butler University through scholarships. This philanthropic endeavor is a key part of their activities, aiming to support the academic pursuits and future prospects of these students. The organization operates from a postal box location, underscoring its commitment to making a difference in education without the need for a physical location.
Official website here: www.butlersigmachi.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Rho Chapter of Sigma Chi Fraternity Scholarship Fund Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is primarily based on accountability and finance, indicating that the organization is managing its resources responsibly. A notable strength is the composition of the board, which is fully independent, demonstrating a commitment to objective governance.
Additionally, the organization shows strong fiscal health with a 0.00% liabilities to assets ratio and 100% of its expenses directed towards its programs. This points to effective financial management and a focus on fulfilling its mission to fund scholarships. Transparency is also highlighted, with key documentation such as board meeting minutes and tax forms being properly reported.
However, there are some areas for improvement, particularly in governance policies. The absence of a conflict of interest policy and a whistleblower policy noted in the rating suggests that while the organization is financially sound, it may benefit from enhanced operational policies to further bolster its accountability and transparency measures.
This AI summary has been generated from information found on Charity Navigator.
Is Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc legitimate?
Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rho Chapter Of Sigma Chi 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: $0
Other Salaries and Wages: $0
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Official website here: www.butlersigmachi.com
What is the mission statement of Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc?
The Rho Chapter of Sigma Chi Fraternity Scholarship Fund Inc's primary mission is focused on providing financial aid to students attending Butler University. This mission is carried out through the granting of scholarships to eligible students, aiming to support their educational pursuits and contribute to their overall growth and success. By offering these scholarships, the organization seeks to make higher education more accessible, thereby empowering students to reach their full potential. The fund's activities are centered around this mission, continuously working towards its realization.
Official website here: www.butlersigmachi.com
What is the revenue of Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc?
Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc's revenue in 2023 was $19,023.
Official website here: www.butlersigmachi.com
Who are the executives of Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc and what are their salaries?
There 5 volunteers at Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc.
Here are 5 key members and their salaries:
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Official website here: www.butlersigmachi.com
Where can I find the form 990 for Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc?
Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.butlersigmachi.com
Learn more at the official website: www.butlersigmachi.com
Mission Statement of Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc
The Rho Chapter of Sigma Chi Fraternity Scholarship Fund Inc is dedicated to providing financial assistance to students attending Butler University. Through this nonprofit organization, scholarships are granted to deserving students, serving as a crucial source of support for their academic pursuits. By providing these scholarships, Rho Chapter of Sigma Chi Fraternity Scholarship Fund Inc is contributing to the higher education of the next generation, thereby fostering their personal and professional growth.
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Impact
August, 2024
The impact of the Rho Chapter Of Sigma Chi Fraternity Scholarship Fund Inc is significant as it provides scholarships to Butler University students. This support directly contributes to the educational advancement and opportunities for students at Butler University. By granting scholarships, the fund helps students alleviate financial burdens and pursue their academic goals. This assistance ultimately enables students to focus on their studies and achieve their full potential without being held back by financial constraints. The impact of the fund is not only financial but also educational, as it promotes access to higher education and helps shape the future success of Butler University students.
This information is meant to be a general summary of Rho Chapter Of Sigma Chi 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $20,605
- Gross Receipts: $98,020
Assets and Liabilities:
- Total Assets: $556,352
- Total Liabilities: $0
- Net Assets: $556,352
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Organization Details
Founding Year
1988
Principal Officer
Mark C Kugar
Website
www.butlersigmachi.comNTEE Category
Code: B82 - Education
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