Overview
What is Foundation For Fraternal Excellence Inc?
The Foundation for Fraternal Excellence Inc, situated in Fishers, Indiana, is a dedicated nonprofit organization with a mission to nurture future leaders within fraternities and sororities. Recognizing the transformative potential of these organizations in fostering leadership and personal development, the foundation prioritizes preserving the integrity of this experience through research grants and educational programs. By coordinating, sharing, and advocating for research on fraternity and sorority experiences, the foundation supports data-driven decision-making within the fraternal industry. Additionally, the organization fosters a culture of philanthropy, enhances the sophistication of fraternal foundations, and provides cooperative services to its partners. The foundation's ultimate goal is to advance the fraternal movement and provide financial resources to support the community.
Official website here: www.foundationfe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Foundation For Fraternal Excellence Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored 92% overall, with the rating entirely based on its Accountability & Finance performance. This high score indicates that the charity effectively manages its resources and maintains transparency in its operations.
The foundation demonstrates an exceptional governance structure, with 100% of board members being independent, and a well-sized board of 13 members. It has robust financial oversight, evidenced by a perfect score in its audit and oversight committee. The absence of material diversions of assets further emphasizes the organization's integrity and responsible management of funds.
Additionally, the Foundation For Fraternal Excellence maintains solid financial ratios, including a low liabilities to assets ratio of 12.77% and a high program expense ratio of 88.95%. These figures suggest that a significant portion of its expenditures directly supports its mission, although no specific limitations or areas for improvement were noted in the feedback. Overall, the organization appears to be a reliable and effective steward of charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Fraternal Excellence Inc legitimate?
Foundation For Fraternal Excellence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Fraternal Excellence 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: $119,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,126
For more financial information, click here
Official website here: www.foundationfe.org
What is the mission statement of Foundation For Fraternal Excellence Inc?
The Foundation for Fraternal Excellence Inc's mission is to support organizations and individuals invested in developing the next generation of fraternity/sorority leaders. They achieve this by fostering a culture of care, increasing financial resources through research grants and educational programs, providing cooperative services, coordinating and sharing resources for data-driven decision-making. The foundation aims to cultivate a culture of philanthropy and enhance the sophistication of fraternal foundations and professionals. They believe in the importance of a healthy, positive fraternity/sorority experience as an incubator for leadership and personal development, and they have a responsibility to protect and preserve this experience through research grants and educational programs. The Foundation for Fraternal Excellence Inc maintains critical partnerships to advance necessary research and grow funding available.
Official website here: www.foundationfe.org
Who is the CEO of Foundation For Fraternal Excellence Inc?
Judson Horras is the Director of Foundation For Fraternal Excellence Inc. The CEO's salary of Foundation For Fraternal Excellence Inc is $31,904 and their total compensation is $340,176.
Official website here: www.foundationfe.org
What is the revenue of Foundation For Fraternal Excellence Inc?
Foundation For Fraternal Excellence Inc's revenue in 2022 was $2,002,588.
Official website here: www.foundationfe.org
Who are the executives of Foundation For Fraternal Excellence Inc and what are their salaries?
There 74 volunteers at Foundation For Fraternal Excellence Inc.
Here are 16 key members and their salaries (Foundation For Fraternal Excellence Inc's CEO's salary is $31,904 and their total compensation is $340,176):
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- Compensation: $31,904
- Related: $271,368
- Other: $36,904
- Compensation: $9,944
- Related: $104,878
- Other: $17,327
- Compensation: $78,025
- Related: $5,693
- Other: $18,086
Official website here: www.foundationfe.org
Where can I find the form 990 for Foundation For Fraternal Excellence Inc?
Foundation For Fraternal Excellence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundationfe.org
Learn more at the official website: www.foundationfe.org
Mission Statement of Foundation For Fraternal Excellence Inc
The Foundation For Fraternal Excellence Inc is dedicated to supporting organizations and individuals invested in nurturing the next generation of fraternity and sorority leaders. The nonprofit seeks to foster a culture of care, enhance financial resources through research grants and educational programs, and provide cooperative services. By doing so, it aims to elevate the philanthropic spirit within fraternal foundations and professionals, thereby advancing the fraternal movement.
The Foundation For Fraternal Excellence Inc plays a crucial role in protecting and preserving the integrity of the fraternity and sorority experience. It achieves this by coordinating, sharing, and championing research on the fraternal experience and its members. This data-driven approach helps inform decision-making within the fraternal industry, ensuring that the Foundation maintains critical partnerships to advance necessary research and grow funding opportunities. In essence, the Foundation For Fraternal Excellence Inc is committed to cultivating a culture of philanthropy and enhancing the sophistication of fraternal foundations and professionals, thereby supporting the development of strong, value-driven fraternity and sorority leaders.
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Impact
October, 2024
The Foundation For Fraternal Excellence Inc significantly influences the development of future fraternity and sorority leaders by fostering a culture of care and supporting data-driven decision-making. By providing research grants and educational programs, it enhances the leadership experience within these organizations, promoting personal growth and the cultivation of strong, value-driven leaders.
Through its commitment to advance research on the fraternity and sorority experience, the Foundation plays a crucial role in informing critical decisions that shape the fraternal community. This dedication to evidence-based practices not only improves the experiences of current members but also ensures that the integrity of these organizations is preserved for generations to come.
Additionally, the Foundation enhances collaboration among fraternal organizations by sharing resources, thereby strengthening the overall fraternal movement. By promoting philanthropy and sophistication among fraternal foundations and professionals, it creates a robust network that empowers individuals and organizations alike. In fostering these connections and providing essential support, the Foundation For Fraternal Excellence Inc plays a pivotal role in nurturing the next generation of leaders who will positively impact their campuses, workplaces, and communities.
This information is meant to be a general summary of Foundation For Fraternal Excellence 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: $68,823
- Program Service Revenue: $414,818
- Gross Receipts: $2,004,660
Assets and Liabilities:
- Total Assets: $3,002,951
- Total Liabilities: $400,006
- Net Assets: $2,602,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING AND CONFERENCE
Revenue
$414,818
Organization Details
Founding Year
1992
Phone
(317) 872-1112Principal Officer
Judson Horras
Main Address
11722 ALLISONVILLE RD BX 353 103, FISHERS, IN, 46038
Website
www.foundationfe.orgNTEE Category
Code: Z99Z - Unknown
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