Overview
What is Iowa State Acacia Chapter Foundation?
The Iowa State Acacia Chapter Foundation is a nonprofit organization situated in Ankeny, Iowa. Its primary mission is to raise funds, which can be tax-deductible, to support scholarly pursuits of members belonging to the Acacia Fraternity at Iowa State University. Furthermore, the foundation aims to reimburse the Alumni Board for operational expenses related to the educational use portion of the chapter house. This nonprofit organization's efforts extend beyond financial aid, as it also contributes to the operational costs of the Acacia Fraternity's chapter house.
Is Iowa State Acacia Chapter Foundation legitimate?
Iowa State Acacia Chapter Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa State Acacia Chapter 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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What is the mission statement of Iowa State Acacia Chapter Foundation?
The Iowa State Acacia Chapter Foundation's primary objective is to fund scholarships for members of the Acacia Fraternity at Iowa State University and cover educational expenses related to the operation of the chapter house. The foundation's mission also involves reimbursing the alumni board for operational costs incurred in the "educational use" portion of the chapter house, which can be funded through tax-deductible donations. The foundation raises funds to support these initiatives, contributing to the educational and chapter house needs of the Acacia Fraternity members at Iowa State University.
Who is the CEO of Iowa State Acacia Chapter Foundation?
James H Davis is the President of Iowa State Acacia Chapter Foundation.
What is the revenue of Iowa State Acacia Chapter Foundation?
Iowa State Acacia Chapter Foundation's revenue in 2022 was $277,327.
Who are the executives of Iowa State Acacia Chapter Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Iowa State Acacia Chapter Foundation?
Iowa State Acacia Chapter Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iowa State Acacia Chapter Foundation
The Iowa State Acacia Chapter Foundation's mission is centered around providing financial aid and support for the members of the Acacia Fraternity at Iowa State University. This nonprofit organization aims to raise funds specifically for scholarships for these fraternity members, helping them cover their educational expenses. Furthermore, the Foundation's role extends to reimbursing the Alumni Board of the Fraternity for any operational costs related to the "educational use" portion of the chapter house. These expenses can be funded through tax-deductible donated funds, thereby ensuring the smooth running of the fraternity's educational activities.
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Impact
October, 2024
The Iowa State Acacia Chapter Foundation has significantly impacted the lives of its members by providing vital scholarships and supporting educational initiatives. By raising funds specifically for scholarships, the foundation enables members of the Acacia Fraternity at Iowa State University to pursue their educational goals with greater financial ease.
Additionally, the foundation supports the operational costs of the chapter house that relate to educational activities. This ensures that the chapter house remains a space conducive to learning and personal development, fostering an environment where fraternity members can thrive academically and socially. Through its commitment to education, the foundation not only assists current members but also strengthens the fraternity's legacy, creating opportunities for future generations.
This information is meant to be a general summary of Iowa State Acacia Chapter 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: $10,728
- Gross Receipts: $277,327
Assets and Liabilities:
- Total Assets: $456,071
- Total Liabilities: $0
- Net Assets: $456,071
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Organization Details
Founding Year
2019
Phone
(515) 257-4683Principal Officer
James H Davis
Main Address
834 SOUTH EAST MICHAEL DR, ANKENY, IA, 500213671
NTEE Category
Code: B82 - Education
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