Overview
What is Walter B Palmer Foundation Inc?
Walter B Palmer Foundation Inc is a nonprofit organization situated in Oxford, Ohio. Its primary mission is to support Phi Delta Theta Fraternity by offering financial assistance for acquiring, updating, and improving chapter houses, focusing on enhancing safety features and preserving prime property locations. The foundation also aids in fundraising projects related to these activities, aiming to boost the overall strength and improvement of the Phi Delta Theta International Fraternity.
Is Walter B Palmer Foundation Inc legitimate?
Walter B Palmer Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Walter B Palmer 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: $39,682
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What is the mission statement of Walter B Palmer Foundation Inc?
The Walter B. Palmer Foundation's primary mission is to aid Phi Delta Theta House Corporations and the Phi Delta Theta General Fraternity. This assistance involves providing financial capital for the acquisition and improvement of chapter houses, ensuring life safety improvements, preserving prime property locations, and supporting fundraising projects for these activities. The foundation also follows investment practices to enhance its capital strength, ultimately contributing to the betterment of the Phi Delta Theta International Fraternity.
Who is the CEO of Walter B Palmer Foundation Inc?
Bartholomew F Reuter is the President of Walter B Palmer Foundation Inc.
What is the revenue of Walter B Palmer Foundation Inc?
Walter B Palmer Foundation Inc's revenue in 2022 was $349,092.
Who are the executives of Walter B Palmer Foundation Inc and what are their salaries?
There 8 volunteers at Walter B Palmer Foundation Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Walter B Palmer Foundation Inc?
Walter B Palmer Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Walter B Palmer Foundation Inc
The Walter B. Palmer Foundation, Inc., in its mission, aims to support the Phi Delta Theta House Corporations and the Phi Delta Theta General Fraternity. This is achieved by providing financial capital for the acquisition of chapter houses, improving and updating these properties, including enhancing life safety measures. Additionally, the foundation seeks to preserve prime property locations where no Phi Delta Theta Chapter currently exists. Furthermore, the foundation offers support for fundraising projects that align with these objectives, all with the goal of enhancing the overall well-being of the Phi Delta Theta International Fraternity. The foundation adheres to investment practices that strengthen its capital, enabling it to effectively pursue these goals.
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Impact
October, 2024
The Walter B. Palmer Foundation Inc significantly impacts the Phi Delta Theta fraternity by providing essential financial resources for the acquisition and enhancement of chapter houses. Through its financial capital, the foundation facilitates the purchase of new properties and improvements to existing facilities, prioritizing life safety enhancements to ensure a secure living environment for members.
Additionally, the foundation plays a crucial role in preserving prime property locations where there are currently no Phi Delta Theta chapters, fostering potential future expansions and revitalization of the fraternity's presence. By supporting various fundraising projects aligned with these objectives, the foundation strengthens the overall infrastructure of the fraternity, contributing to its longevity and success. Investing wisely, the foundation enhances its capital strength, enabling it to pursue ongoing initiatives that serve both current and future Phi Delta Theta members effectively.
This information is meant to be a general summary of Walter B Palmer 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: $151,210
- Program Service Revenue: $196,032
- Gross Receipts: $771,485
Assets and Liabilities:
- Total Assets: $10,403,716
- Total Liabilities: $106,846
- Net Assets: $10,296,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Chapter Loan Interest
Revenue
$131,023
Rent Income
Revenue
$65,009
Organization Details
Founding Year
1924
Phone
(513) 523-6345Principal Officer
Bartholomew F Reuter
Main Address
2 South Campus Avenue, Oxford, OH, 45056
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