Overview
What is Pi Beta Phi Foundation For Scholarships At Smu?
The Pi Beta Phi Foundation for Scholarships at SMU is a nonprofit organization situated in Dallas, Texas. Its primary mission is to provide housing, scholarships, and foster educational growth for female students at Southern Methodist University (SMU). The foundation supports 38 students residing in its facilities and offers guidance on cultural, educational, religious, and civic matters for over 200 members of the Pi Beta Phi Fraternity Texas Beta Chapter and SMU students. Additionally, the foundation grants scholarships to 14 SMU students and provides funding to the George W. Bush Institute to strengthen their women's initiative programs. With a team of six employees, the foundation's purpose is to encourage academic excellence and personal development among female students, while fostering a supportive community environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
The Pi Beta Phi Foundation for Scholarships at SMU has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. With an overall score of 67%, the organization demonstrates a strong commitment to program expenses with an impressive program expense ratio of 98.81%. However, the lack of financial statements and other essential transparency documents has significantly impacted its overall rating.
The foundation boasts a fully independent board, indicating good governance practices, as evidenced by its perfect scores in board independence and size. However, critical policies such as conflict of interest, whistleblower, and document retention are missing, which raises concerns about the organization's operational transparency and risk management.
Despite these challenges, the organization has shown no material diversion of assets and maintains a favorable liabilities to assets ratio of 0.00%, suggesting sound financial health. Strengthening its accountability measures and enhancing transparency by posting necessary documents on its website could improve its rating and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Pi Beta Phi Foundation For Scholarships At Smu legitimate?
Pi Beta Phi Foundation For Scholarships At Smu is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pi Beta Phi Foundation For Scholarships At Smu 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: $201,309
For more financial information, click here
What is the mission statement of Pi Beta Phi Foundation For Scholarships At Smu?
The Pi Beta Phi Foundation for Scholarships at SMU was established with the mission to support and encourage female students at Southern Methodist University (SMU). The foundation aims to promote academic excellence by helping students maintain high scholastic standards. It also seeks to broaden their general knowledge and cultural understanding, as well as foster a cooperative spirit among students. The foundation's objective is not limited to Pi Beta Phi members or those pledged to join; it extends its support to all eligible female students at SMU. The foundation's purpose is multi-faceted, including civic, educational, and religious initiatives that contribute positively to the university community.
Who is the CEO of Pi Beta Phi Foundation For Scholarships At Smu?
Alyssa Ramsey is the President of Pi Beta Phi Foundation For Scholarships At Smu.
What is the revenue of Pi Beta Phi Foundation For Scholarships At Smu?
Pi Beta Phi Foundation For Scholarships At Smu's revenue in 2022 was $814,184.
Who are the executives of Pi Beta Phi Foundation For Scholarships At Smu and what are their salaries?
The average compensation at Pi Beta Phi Foundation For Scholarships At Smu during 2022 was $33,552. There are 6 employees at Pi Beta Phi Foundation For Scholarships At Smu.
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Where can I find the form 990 for Pi Beta Phi Foundation For Scholarships At Smu?
Pi Beta Phi Foundation For Scholarships At Smu's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pi Beta Phi Foundation For Scholarships At Smu
The Pi Beta Phi Foundation for Scholarships at SMU is dedicated to supporting female students at Southern Methodist University (SMU) in Dallas, Texas. Established with a specific educational purpose, this organization aims to aid and encourage female students, both those who are members or pledged to be members of the Texas Beta Chapter of the Pi Beta Phi fraternity, and those who are not. The foundation's mission is multifaceted, encompassing three key objectives.
Firstly, the Pi Beta Phi Foundation strives to help its recipients achieve and maintain high scholastic standards. This involves fostering an academic environment that encourages intellectual growth and excellence.
Secondly, the foundation seeks to broaden the students' general culture and knowledge. By promoting cooperation with fellow students, it encourages the exchange of ideas and the development of a well-rounded education.
Lastly, the Pi Beta Phi Foundation aims to maintain its scholars while they attend SMU. This involves providing them with necessary resources and opportunities to thrive both personally and academically.
In summary, the Pi Beta Phi Foundation for Scholarships at SMU is committed to supporting women in higher education, fostering academic excellence, promoting intellectual growth, and providing necessary resources to help them succeed during their time at SMU.
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Impact
July, 2024
Pi Beta Phi Foundation for Scholarships at SMU has a significant impact on female students at Southern Methodist University. Through providing housing, scholarships, and promoting education, the foundation supports the academic success and personal development of its members. By offering living facilities for students and educational programs for members of the Pi Beta Pi fraternity Texas Beta Chapter, the organization fosters a supportive and enriching environment for over 200 individuals. Additionally, the foundation's provision of scholarships to SMU students and funding for the George W. Bush Institute's Women's Initiative programs contributes to empowering women and advancing educational opportunities. Overall, the foundation plays a crucial role in aiding and encouraging female students to excel academically, expand their knowledge and culture, and actively engage in civic, educational, and religious activities for the benefit of the university community.
This information is meant to be a general summary of Pi Beta Phi Foundation For Scholarships At Smu. 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: $3,697
- Program Service Revenue: $769,007
- Gross Receipts: $814,184
Assets and Liabilities:
- Total Assets: $5,454,114
- Total Liabilities: $71
- Net Assets: $5,454,043
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING RENTAL
Revenue
$703,007
HOUSE MAINTENANCE FEES
Revenue
$66,000
Organization Details
Founding Year
1950
Phone
(469) 569-5438Principal Officer
Alyssa Ramsey
Main Address
9478 SPRING BRANCH DRIVE, DALLAS, TX, 75238
NTEE Category
Code: B82 - Education
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