Overview
What is Sigma Alpha Epsilon Pi Foundation?
The Sigma Alpha Epsilon Pi Foundation is a nonprofit organization based in Laguna Beach, California. Its primary focus lies in grant-making activities aimed at fostering the education of members associated with the Sigma Alpha Epsilon Pi Sorority. The foundation has the authority to provide grants for various purposes, such as scholarships for leadership training classes, funding for the sorority or its chapters to host such events, professional development events for members, and philanthropic fundraising events. The mission of the foundation is to support the academic, leadership, and professional achievement of the members of the Sigma Alpha Epsilon Pi Sorority, Inc., a section 501(C)(7) agency.
Official website here: www.sigmaaepi.com/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
The Sigma Alpha Epsilon Pi Foundation has earned a high rating of 90%, reflecting its strong performance in accountability and finance. This rating is particularly significant as it indicates the organization maintains a high level of transparency and effective governance practices. The foundation boasts a 100% score for its majority independent board members and exhibits no material diversion of assets, contributing to its overall financial integrity.
Strengths of the foundation include its exemplary accountability measures, such as having clear policies for conflict of interest and document retention. Its operational efficiency is further highlighted by a program expense ratio of 82.08%, suggesting that a significant portion of its funds is directed towards its mission-driven programs. Additionally, the foundation has a solid record of keeping detailed board meeting minutes and meeting other reporting requirements.
However, there is a noted limitation regarding the absence of a whistleblower policy, which may be a concern for stakeholders looking for comprehensive governance practices. Despite this, the overall financial health and strong accountability framework position the Sigma Alpha Epsilon Pi Foundation favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sigma Alpha Epsilon Pi Foundation legitimate?
Sigma Alpha Epsilon Pi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Alpha Epsilon 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.sigmaaepi.com/foundation/
What is the mission statement of Sigma Alpha Epsilon Pi Foundation?
The Sigma Alpha Epsilon Pi Foundation's mission is centered around supporting the academic, leadership, and professional growth of its members who belong to the Sigma Alpha Epsilon Pi Sorority, Inc., a 501(c)(7) organization. To achieve this, the foundation partakes in grant-making activities. It has the authority to provide grants for various purposes, such as funding scholarships for sorority members to attend leadership training classes, providing grants to the sorority or its chapters to host leadership training and professional development events, and supporting philanthropic fundraising events for the sorority members.
Official website here: www.sigmaaepi.com/foundation/
Who is the CEO of Sigma Alpha Epsilon Pi Foundation?
Adi Hanein is the Chair of Sigma Alpha Epsilon Pi Foundation.
Official website here: www.sigmaaepi.com/foundation/
What is the revenue of Sigma Alpha Epsilon Pi Foundation?
Sigma Alpha Epsilon Pi Foundation's revenue in 2022 was $2,390.
Official website here: www.sigmaaepi.com/foundation/
Who are the executives of Sigma Alpha Epsilon Pi Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $41,579
- Other: $0
Official website here: www.sigmaaepi.com/foundation/
Where can I find the form 990 for Sigma Alpha Epsilon Pi Foundation?
Sigma Alpha Epsilon Pi Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sigmaaepi.com/foundation/
Learn more at the official website: www.sigmaaepi.com/foundation/
Mission Statement of Sigma Alpha Epsilon Pi Foundation
The Sigma Alpha Epsilon Pi Foundation is dedicated to supporting the academic, leadership, and professional achievements of its members, who are part of the Sigma Alpha Epsilon Pi Sorority, Inc., a Section 501(c)(7) agency. To accomplish this mission, the foundation primarily engages in grant-making activities. It has the authority to provide grants for various purposes, such as offering scholarships to sorority members to attend leadership training classes, providing funds for the sorority or its chapters to host leadership training events, organizing professional development events for sorority members, and supporting philanthropic fundraising events. The foundation's goal is to empower its members and contribute to their overall growth and success.
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Impact
August, 2024
Sigma Alpha Epsilon Pi Foundation's impact lies in providing support for the academic, leadership, and professional achievement of the members of the Sigma Alpha Epsilon Pi sorority. This is achieved through grant-making activities that advance education within the sorority. The foundation offers scholarships for members to attend leadership training classes, grants to host leadership training and professional development events, and support for philanthropic fundraising events. Through these initiatives, the foundation contributes to the personal growth and success of its members, fulfilling its mission to enhance their educational experience and development.
This information is meant to be a general summary of Sigma Alpha Epsilon 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 2022.
- Gross Receipts: $2,390
Assets and Liabilities:
- Total Assets: $45,443
- Total Liabilities: $0
- Net Assets: $45,443
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Organization Details
Founding Year
2016
Phone
(858) 344-5704Principal Officer
Adi Hanein
Main Address
1968 S COAST HWY 3907, LAGUNA BEACH, CA, 92651
NTEE Category
Code: B82 - Education
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