Overview
What is Phi Delta Theta Foundation?
The Phi Delta Theta Foundation is a nonprofit organization situated in Oxford, Ohio, specifically at 2 South Campus Avenue. Its primary objective is to empower over 12,000 college students annually by offering educational grants. These grants aim to foster leadership development, impart alcohol abuse education, and enhance management and other skill-related improvements. In alignment with its mission, the foundation strives to "strengthen men for life," upholding the traditional values of Friendship, Sound Learning, and Rectitude. The organization currently employs a team of 12 individuals.
Official website here: www.phideltatheta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Stars
The Phi Delta Theta Foundation has received a rating of 86%, which translates to a Three-Star rating. This score is primarily based on the organization’s accountability and finance practices, which are strong overall. The foundation boasts an entirely independent board, effective oversight with a dedicated audit committee, and robust policies regarding conflict of interest, whistleblower protection, and document retention.
While the foundation excels in many areas, its program expense ratio is noted as a weakness, with only 52.15% of its expenses going towards programs. This suggests that a significant portion of funds may be allocated to administrative or fundraising costs rather than direct programmatic impact. However, its low liabilities to assets ratio and high fundraising efficiency reflect a sound financial management strategy.
Overall, the Phi Delta Theta Foundation demonstrates a commitment to transparency and accountability, making it a reliable choice for potential donors. However, the organization may want to focus on increasing its programmatic spending to enhance its impact and effectively address any concerns regarding its allocation of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Phi Delta Theta Foundation legitimate?
Phi Delta Theta Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Delta Theta Foundation 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: $213,297
Professional Fundraising Fees: $84,289
Other Salaries and Wages: $599,539
For more financial information, click here
Official website here: www.phideltatheta.org
What is the mission statement of Phi Delta Theta Foundation?
The mission of Phi Delta Theta Foundation is centered around enhancing the lives of individuals, specifically men, by reinforcing the foundation's core values: Friendship, Sound Learning, and Rectitude. The foundation aims to achieve this objective by offering educational grants to programs that foster leadership development, alcohol abuse education, and skill improvement. These initiatives positively impact over 12,000 college students annually.
Official website here: www.phideltatheta.org
Who is the CEO of Phi Delta Theta Foundation?
Sean S Wagner is the President of Phi Delta Theta Foundation.
Official website here: www.phideltatheta.org
What is the revenue of Phi Delta Theta Foundation?
Phi Delta Theta Foundation's revenue in 2022 was $3,398,913.
Official website here: www.phideltatheta.org
Who are the executives of Phi Delta Theta Foundation and what are their salaries?
The average compensation at Phi Delta Theta Foundation during 2022 was $67,736. There are 12 employees and 110 volunteers at Phi Delta Theta Foundation.
Here are 16 key members and their salaries:
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Official website here: www.phideltatheta.org
Where can I find the form 990 for Phi Delta Theta Foundation?
Phi Delta Theta Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phideltatheta.org
Learn more at the official website: www.phideltatheta.org
Mission Statement of Phi Delta Theta Foundation
The Phi Delta Theta Foundation, a nonprofit organization, is dedicated to enhancing the lives of men by upholding and reinforcing its fundamental values: Friendship, Sound Learning, and Rectitude. Its primary mission is to achieve this objective by leveraging the legacy of these values.
To achieve its goal, the Phi Delta Theta Foundation focuses on providing educational grants that support various programs. These programs are designed to foster leadership development, promote alcohol abuse education, and enhance skills such as management. These initiatives positively impact over 12,000 college students annually, thereby contributing to their personal growth and development. By doing so, the foundation aims to prepare these individuals for a successful and enriched life beyond their academic years.
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Impact
October, 2024
The Phi Delta Theta Foundation significantly impacts the lives of over 12,000 college students annually by investing in their leadership development and personal growth. By providing educational grants for programs focused on essential skills, such as management and alcohol abuse education, the Foundation helps cultivate a foundation built on the core values of Friendship, Sound Learning, and Rectitude. This commitment not only enhances the academic and personal lives of participants but also fosters a community of responsible, well-rounded individuals prepared for life's challenges. Located in Oxford, Ohio, the Foundation plays a vital role in shaping the future of young men through its impactful initiatives.
This information is meant to be a general summary of Phi Delta Theta Foundation. 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: $397,403
- Gross Receipts: $9,704,048
Assets and Liabilities:
- Total Assets: $32,768,680
- Total Liabilities: $192,764
- Net Assets: $32,575,916
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Organization Details
Founding Year
1958
Phone
(513) 523-6345Principal Officer
Sean S Wagner
Main Address
2 South Campus Avenue, Oxford, OH, 45056
Website
www.phideltatheta.orgNTEE Category
Code: B83 - Education
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