Overview
What is Sigma Chi Building Foundation?
The Sigma Chi Building Foundation is a nonprofit organization with a dual mission. Firstly, they are dedicated to preserving a certified historical structure. Secondly, they provide financial aid in the form of scholarships for students attending the University of Montana. This foundation's work involves safeguarding historical buildings and supporting academic growth, thereby contributing to the local community and higher education.
Official website here: www.betadelta-sigmachi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Sigma Chi Building Foundation has received a three-star rating from Charity Navigator, indicating a decent level of performance with a score of 76%. The charity demonstrates strong accountability and financial practices, particularly with a 100% independent board and no material diversion of assets. The organization also maintains a solid program expense ratio, ensuring that all its expenditures are directed towards its mission.
However, the foundation does have some areas that need improvement, particularly concerning governance policies. There are missing conflict of interest, whistleblower, and document retention policies, which detracts from its overall accountability score. Despite these shortcomings, the foundation has effectively documented its board meeting minutes and maintains a favorable liabilities to assets ratio.
In summary, while the Sigma Chi Building Foundation operates with a high level of financial integrity and commitment to its programs, it would benefit from establishing comprehensive governance policies to enhance accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Sigma Chi Building Foundation legitimate?
Sigma Chi Building Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Chi Building 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.
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Official website here: www.betadelta-sigmachi.org
What is the mission statement of Sigma Chi Building Foundation?
The Sigma Chi Building Foundation has two primary missions. The first mission is to preserve a certified historical structure, aiming to protect and maintain the historical integrity of the building. The second mission is to provide scholarships for students attending the University of Montana. This initiative aims to support the academic pursuits of students by providing financial aid.
Official website here: www.betadelta-sigmachi.org
Who is the CEO of Sigma Chi Building Foundation?
Walter J Kero is the President of Sigma Chi Building Foundation.
Official website here: www.betadelta-sigmachi.org
What is the revenue of Sigma Chi Building Foundation?
Sigma Chi Building Foundation's revenue in 2023 was $100,818.
Official website here: www.betadelta-sigmachi.org
Who are the executives of Sigma Chi Building Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.betadelta-sigmachi.org
Where can I find the form 990 for Sigma Chi Building Foundation?
Sigma Chi Building Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.betadelta-sigmachi.org
Learn more at the official website: www.betadelta-sigmachi.org
Mission Statement of Sigma Chi Building Foundation
The Sigma Chi Building Foundation is dedicated to serving two primary missions. The first mission involves preserving a historically certified structure, demonstrating the organization's commitment to preserving and upholding historical significance. The second mission focuses on providing scholarships for students attending the University of Montana. Through this initiative, the foundation aims to support the educational growth and development of aspiring students, contributing to the future of higher education.
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Impact
October, 2024
The Sigma Chi Building Foundation plays a crucial role in preserving a certified historical structure in Missoula, Montana, ensuring that important architectural heritage is maintained for future generations. This commitment not only protects the building's historical significance but also contributes to the cultural landscape of the community.
Additionally, the Foundation supports scholarships for students at the University of Montana, providing vital financial assistance that helps foster educational opportunities. By investing in the education of local students, the Foundation enhances the community's intellectual growth and empowers the next generation. Together, these missions create a lasting impact, blending historical preservation with educational support in a meaningful way.
This information is meant to be a general summary of Sigma Chi Building 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 2023.
- Investment Income: $21,762
- Program Service Revenue: $3,661
- Gross Receipts: $163,691
Assets and Liabilities:
- Total Assets: $1,540,714
- Total Liabilities: $215,569
- Net Assets: $1,325,145
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Organization Details
Founding Year
1979
Phone
(406) 549-2288Principal Officer
Walter J Kero
Main Address
CO WALTER J KERO PO BOX 16894, MISSOULA, MT, 598086894
Website
www.betadelta-sigmachi.orgNTEE Category
Code: A80 - Arts
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