Overview
What is Beta Theta Pi Foundation?
The Beta Theta Pi Foundation is a charitable organization based in Oxford, Ohio, with a specific mission to promote educational growth. They accomplish this by granting funds to organizations that align with their objectives, as well as offering financial aid in the form of scholarships to individuals pursuing higher education in North America. The foundation's primary goal, as stated in their mission, is to uphold and expand the charitable, scientific, literary, and educational aims of Beta Theta Pi.
Official website here: www.beta.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
The Beta Theta Pi Foundation has received a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. With an impressive Accountability & Finance Score of 97, the foundation demonstrates effective management of its financial resources, underscored by a program expense ratio of 84.84%, indicating a strong commitment to its mission-driven activities.
The organization benefits from a fully independent board, consisting of 16 members, which enhances its governance and oversight capabilities. Financial practices are highly rated, with no material diversion of assets noted, and it excels in transparency with perfect scores for several tax form disclosures, including conflict of interest and whistleblower policies. These strengths contribute to a positive overall evaluation of the foundation's operations.
Despite these strengths, the impact evaluation score of 80 out of 100 suggests that there may be room for improvement in measuring and demonstrating the effectiveness of its programs. Overall, the foundation's robust financial health and governance practices make it a reliable choice for potential donors looking to support its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Beta Theta Pi Foundation legitimate?
Beta Theta Pi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beta Theta Pi 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: $215,170
Professional Fundraising Fees: $233,957
Other Salaries and Wages: $1,068,914
For more financial information, click here
Official website here: www.beta.org
What is the mission statement of Beta Theta Pi Foundation?
The Beta Theta Pi Foundation's primary objective is to promote charitable, scientific, literary, and educational pursuits, aligning with the principles of Beta Theta Pi. The organization fulfills this mission by offering educational grants to organizations that share its vision and providing tuition scholarships to students in North American institutions of higher education.
Official website here: www.beta.org
Who is the CEO of Beta Theta Pi Foundation?
Jeff Rundle is the CEO of Beta Theta Pi Foundation The CEO's salary of Beta Theta Pi Foundation is $0 and their total compensation is $295,883.
Official website here: www.beta.org
What is the revenue of Beta Theta Pi Foundation?
Beta Theta Pi Foundation's revenue in 2024 was $7,229,366.
Official website here: www.beta.org
Who are the executives of Beta Theta Pi Foundation and what are their salaries?
There 17 volunteers at Beta Theta Pi Foundation.
Here are 21 key members and their salaries (Beta Theta Pi Foundation's CEO's salary is $0 and their total compensation is $295,883):
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- Related: $25,608
- Other: $1,024
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- Related: $234,141
- Other: $61,742
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- Related: $103,769
- Other: $55,284
- Compensation: $0
- Related: $142,468
- Other: $60,576
Official website here: www.beta.org
Where can I find the form 990 for Beta Theta Pi Foundation?
Beta Theta Pi Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.beta.org
Learn more at the official website: www.beta.org
Mission Statement of Beta Theta Pi Foundation
The Beta Theta Pi Foundation, as stated in its purpose, is dedicated to promoting charitable, scientific, literary, and educational objectives aligned with Beta Theta Pi. This organization fulfills its mission by offering educational grants to organizations that share its values and goals. Furthermore, the foundation provides tuition scholarships to individuals pursuing higher education in North America. By supporting these ventures, the Beta Theta Pi Foundation contributes to the broader community, fostering growth and learning in various domains.
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Impact
July, 2024
Beta Theta Pi Foundation's impact is significant in fostering charitable, scientific, literary, and educational purposes through educational grants to organizations that further its mission. Additionally, the foundation provides tuition scholarships to individuals attending institutions of higher education in North America. Its commitment to supporting education is reflected in its mission to promote learning and academic achievement.
This information is meant to be a general summary of Beta Theta Pi 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: $855,443
- Gross Receipts: $12,546,198
Assets and Liabilities:
- Total Assets: $33,085,697
- Total Liabilities: $841,725
- Net Assets: $32,243,972
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Organization Details
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