Overview
What is Theta Xi Foundation?
The Theta Xi Foundation is a nonprofit organization situated in Atlanta, Georgia. Its primary mission is to offer educational programming and scholarship assistance to undergraduate members of Theta XI fraternity. This includes leadership development activities such as The President's Academy, which focuses on enhancing skills like peer influence, member engagement, and decision-making. The Rising Stars Academy provides an opportunity for members to assess and strengthen their leadership styles and chapter operations, while District Leadership Academies offer educational programs and activities to address campus and fraternity issues. The foundation also hosts the Leadership Challenge Course to foster team-building skills.
Official website here: www.thetaxi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Theta Xi Foundation has received an overall score of 81%, classifying it with a Three-Star rating on Charity Navigator. This score is derived exclusively from its Accountability & Finance metrics, indicating a strong emphasis on maintaining financial integrity and transparency. The foundation has demonstrated exemplary practices in governance, with 100% of its board members being independent, effectively ensuring unbiased oversight.
In terms of financial management, the foundation maintains a commendable program expense ratio of 75.84%, suggesting that a significant portion of its resources is directed towards its mission-related activities. Additionally, it has no material diversion of assets, which highlights its commitment to responsible stewardship of donor funds. The organization also adheres to best practices by implementing conflict of interest and whistleblower policies, showcasing its dedication to ethical operations.
However, while the organization excels in accountability, the overall score does not reflect any qualitative measures or impact assessments of its programs. This could be a limitation for potential donors looking for a comprehensive understanding of the foundation's effectiveness in achieving its stated goals.
This AI summary has been generated from information found on Charity Navigator.
Is Theta Xi Foundation legitimate?
Theta Xi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theta Xi 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: $14,250
Professional Fundraising Fees: $0
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For more financial information, click here
Official website here: www.thetaxi.org
What is the mission statement of Theta Xi Foundation?
The Theta Xi Foundation's mission is centered around providing educational programming and scholarship assistance to the undergraduate members of the Theta Xi fraternity. This is achieved through various initiatives such as the President's Academy, which focuses on enhancing leadership competencies, including influencing peers, motivating chapter members, and decision-making skills. The Rising Stars Academy offers an interactive platform for members to assess and develop their leadership styles and skills, strengthen their chapters, and improve team building skills. The District Leadership Academies, held across the country, provide undergraduate leaders and members with educational programs and leadership development activities to address campus and fraternity issues while expanding their educational opportunities.
Official website here: www.thetaxi.org
What is the revenue of Theta Xi Foundation?
Theta Xi Foundation's revenue in 2024 was $779,650.
Official website here: www.thetaxi.org
Who are the executives of Theta Xi Foundation and what are their salaries?
There 16 volunteers at Theta Xi Foundation.
Here are 16 key members and their salaries:
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- Compensation: $14,250
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- Other: $428
Official website here: www.thetaxi.org
Where can I find the form 990 for Theta Xi Foundation?
Theta Xi Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thetaxi.org
Learn more at the official website: www.thetaxi.org
Mission Statement of Theta Xi Foundation
Theta Xi Foundation is an organization dedicated to providing educational programming and scholarship assistance to the undergraduate members of Theta Xi Fraternity. Their mission is to empower these individuals by enhancing their leadership skills and academic pursuits. The foundation offers various educational programs, such as The Presidents Academy, which focuses on teaching leadership competencies, including influencing peers, motivating chapter members, and decision-making. The Rising Stars Academy provides an opportunity for members to assess and develop their leadership styles and skills, strengthening their chapters in areas like recruitment, membership education, and overall operations. Additionally, District Leadership Academies, held across the country, offer undergraduate leaders and members valuable leadership and citizenship training while expanding their educational opportunities.
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Impact
July, 2024
Theta Xi Foundation has a significant impact by providing educational programming and scholarship assistance to the undergraduate members of Theta Xi fraternity. Through programs such as the Presidents Academy, Rising Stars Academy, and District Leadership Academies, the foundation focuses on developing leadership skills, enhancing recruitment and membership education, and promoting overall chapter operations. These initiatives help members to strengthen their leadership abilities, engage in team-building activities, and address current campus and fraternity issues. The Foundation's commitment to education and leadership development positively influences the growth and success of Theta Xi fraternity members.
This information is meant to be a general summary of Theta Xi 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 2024.
- Investment Income: $166,811
- Gross Receipts: $779,650
Assets and Liabilities:
- Total Assets: $6,097,582
- Total Liabilities: $133,370
- Net Assets: $5,964,212
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Organization Details
Founding Year
1949
Principal Officer
J Tanner Marcantel
Website
www.thetaxi.orgNTEE Category
Code: B83 - Education
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