Overview
What is Alpha Nu Educational Foundation?
Alpha Nu Educational Foundation is a nonprofit organization situated in Overland Park, Kansas. Its primary focus is on supporting the educational sector, specifically by granting funds to the Alpha Nu Beta Theta Pi House Association for improvements to the chapter house of the Alpha Nu Chapter of Beta Theta Pi Fraternity at the University of Kansas. This foundation also awards academic scholarships to students at the University of Kansas, aiming to contribute positively to their educational journeys. The organization's mission is to foster educational growth through these scholarships and chapter house improvements.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Alpha Nu Educational Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and transparency. With an overall score of 70%, the organization demonstrates strengths in board independence and financial management, including a 0.00% liabilities to assets ratio and a high program expense ratio of 85.43%. These factors suggest that the foundation is effectively utilizing its resources for its intended educational programs.
However, the organization faces significant shortcomings in transparency and governance. Key policies such as a conflict of interest policy, whistleblower policy, and document retention policy are missing, resulting in a low score in these categories. Additionally, the absence of tax forms on the nonprofit's website further highlights the organization's lack of accessible information, which can be a concern for potential donors and stakeholders.
Overall, while the Alpha Nu Educational Foundation showcases strong financial metrics, the gaps in governance and transparency necessitate attention to ensure greater accountability and trust among its supporters and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Alpha Nu Educational Foundation legitimate?
Alpha Nu Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Nu Educational 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Alpha Nu Educational Foundation?
The Alpha Nu Educational Foundation's mission is centered around providing academic scholarships to students at the University of Kansas and granting funds to the Alpha Nu Beta Theta Pi House Association for educational enhancements to their chapter house. The primary goal of these activities is to foster an environment conducive to learning within the Alpha Nu Chapter of Beta Theta Pi Fraternity. The Foundation's grants are specifically aimed at improvements that will enrich the educational experience for the students living in the chapter house.
Who is the CEO of Alpha Nu Educational Foundation?
William Hanna is the President of Alpha Nu Educational Foundation.
What is the revenue of Alpha Nu Educational Foundation?
Alpha Nu Educational Foundation's revenue in 2022 was $56,697.
Who are the executives of Alpha Nu Educational Foundation and what are their salaries?
There 5 volunteers at Alpha Nu Educational Foundation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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Where can I find the form 990 for Alpha Nu Educational Foundation?
Alpha Nu Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alpha Nu Educational Foundation
Alpha Nu Educational Foundation is an organization that plays a significant role in the academic community. Its primary mission is to award scholarships to students attending the University of Kansas. Beyond financial aid, the Foundation also extends its support to the Alpha Nu Beta Theta Pi House Association by providing grants for educational improvements to the chapter house of the Alpha Nu Chapter of Beta Theta Pi Fraternity at the University of Kansas. This commitment to educational growth and development is a testament to Alpha Nu Educational Foundation's dedication to fostering an enriching learning environment for students and the fraternity.
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Impact
August, 2024
Alpha Nu Educational Foundation's impact is significant, as it directly supports University of Kansas students by awarding academic scholarships. Additionally, the Foundation's grants to the Alpha Nu Beta Theta Pi House Association facilitate educational improvements to the chapter house, enhancing the learning environment for the Alpha Nu Chapter of Beta Theta Pi Fraternity members. Through these initiatives, the Foundation contributes to fostering academic achievement and educational growth within the University of Kansas community.
This information is meant to be a general summary of Alpha Nu Educational 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: $128
- Gross Receipts: $56,697
Assets and Liabilities:
- Total Assets: $1,059,305
- Total Liabilities: $0
- Net Assets: $1,059,305
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Organization Details
Founding Year
1962
Phone
(913) 568-2895Principal Officer
William Hanna
Main Address
6017 W 89th Terrace, Overland Park, KS, 66207
NTEE Category
Code: B82 - Education
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