Overview
What is The Delta Sigma Phi Foundation?
The Delta Sigma Phi Foundation, headquartered in Indianapolis, Indiana, serves as a nonprofit organization dedicated to fostering education and charitable causes. Primarily, they offer scholarships and grants to members of the Delta Sigma Phi fraternity and its local chapters. Their mission is multi-faceted, encompassing the provision of financial aid to deserving students and the encouragement of educational initiatives within the Delta Sigma Phi fraternity chapters. By implementing these strategies, the foundation aims to contribute positively to the educational and charitable sectors.
Official website here: www.deltasig.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Delta Sigma Phi Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and efficiency. Despite a strong performance in governance with 100% independent board members and excellent scores in various oversight policies, the organization struggles with its financial metrics, particularly in program expenses and asset management.
One of the foundation's strengths lies in its board composition and governance practices, which are robust, evidenced by a fully independent board and effective oversight measures. However, the financial health of the organization raises red flags, with a program expense ratio of only 42.82%, suggesting that a significant portion of its funds may not be directed towards programs that directly benefit its mission.
Limitations also include the absence of the tax form on the nonprofit's website, which impacts transparency and accessibility for potential donors. Furthermore, the liabilities to assets ratio is concerning, indicating possible challenges in financial stability. Overall, while the organization has solid governance, the financial inefficiencies warrant caution for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Delta Sigma Phi Foundation legitimate?
The Delta Sigma Phi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Delta Sigma Phi 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: $327,461
For more financial information, click here
Official website here: www.deltasig.org
What is the mission statement of The Delta Sigma Phi Foundation?
The Delta Sigma Phi Foundation's mission is centered around promoting educational and charitable purposes. They achieve this by providing scholarships, student aid, and assistance to deserving and needy students. Additionally, the foundation supports the development of educational initiatives within the chapters of the Delta Sigma Phi fraternity. Their activities primarily involve offering scholarships and grants to the fraternity and its local chapters.
Official website here: www.deltasig.org
Who is the CEO of The Delta Sigma Phi Foundation?
Phil Rodriguez is the President of The Delta Sigma Phi Foundation. The CEO's salary of The Delta Sigma Phi Foundation is $0 and their total compensation is $262,084.
Official website here: www.deltasig.org
What is the revenue of The Delta Sigma Phi Foundation?
The Delta Sigma Phi Foundation's revenue in 2022 was $2,361,012.
Official website here: www.deltasig.org
Who are the executives of The Delta Sigma Phi Foundation and what are their salaries?
There 100 volunteers at The Delta Sigma Phi Foundation.
Here are 16 key members and their salaries (The Delta Sigma Phi Foundation's CEO's salary is $0 and their total compensation is $262,084):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $230,135
- Other: $31,949
- Compensation: $0
- Related: $135,183
- Other: $18,871
Official website here: www.deltasig.org
Where can I find the form 990 for The Delta Sigma Phi Foundation?
The Delta Sigma Phi Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deltasig.org
Learn more at the official website: www.deltasig.org
Mission Statement of The Delta Sigma Phi Foundation
The Delta Sigma Phi Foundation is committed to promoting educational and charitable purposes. They achieve this goal by providing scholarships, student aid, and assistance to deserving students who are in need. Furthermore, the foundation supports the development of educational work within the chapters of the Delta Sigma Phi fraternity. This mission is aimed at empowering students and fostering educational growth within the fraternity. The foundation's efforts are focused on providing financial assistance to students, thereby enabling them to pursue their academic goals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Delta Sigma Phi Foundation makes a significant impact by providing scholarships, student aid, and assistance to needy and deserving students. Through its educational and charitable endeavors, the foundation supports the development of educational work within the chapters of Delta Sigma Phi Fraternity. This support helps students pursue their academic goals and contributes to their personal and professional development. Additionally, the foundation's focus on education aligns with its mission to empower individuals through educational opportunities.
This information is meant to be a general summary of The Delta Sigma Phi 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: $639,665
- Gross Receipts: $6,873,223
Assets and Liabilities:
- Total Assets: $12,169,756
- Total Liabilities: $341,313
- Net Assets: $11,828,443
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1954
Phone
(317) 634-1899Principal Officer
Phil Rodriguez
Main Address
5975 CASTLE CREEK PKWY NORTH DR 4, INDIANAPOLIS, IN, 46250
Website
www.deltasig.orgNTEE Category
Code: B83I - Education
If you are a representative of The Delta Sigma Phi Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.