2024-03-13T07:56:32-05:00 2023-12-31 390859910 BAKER TILLY US LLP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990EZ 2023-01-01 462415650 OX PSI CHAPTER FOUNDATION INC OXPS 6128453257 8956 ALMQUIST WAY INVER GROVE HEIGHTS MN 55077 GERALD ZIMMERMAN PRESIDENT 6128453257 2024-03-12 1 GERALD ZIMMERMAN 999009999 1 TROY MARINE CPA P00187863 4147775500 2024-03-12 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X X X N/A X X 1301 X 630 671 1301 2000 4673 185 6858 -5557 56624 5613 56680 56624 56680 56624 56680 0 0 56624 56680 X OX PSI CHAPTER FOUNDATION, INC. HAS BEEN FORMED TO ADVANCE EDUCATION, AND TO PROVIDE RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED. RAISE AND EXPEND FUNDS ASSOCIATED WITH THE EDUCATIONAL SPACE/AREAS WITHIN THE OX PSI CHAPTER HOUSE ADVANCING THE EDUCATIONAL PURPOSE OF THE FOUNDATION 0 0 EDUCATIONAL SCHOLARSHIPS 2000 2000 2000 GERALD L ZIMMERMAN JR PRESIDENT 1.00 0 0 0 WILLIAM S GRIFFIN SECRETARY 1.00 0 0 0 JEFF ADAMS TREASURER 1.00 0 0 0 JON GRAAN VICE PRESIDENT 1.00 0 0 0 DAVID KIM MEMBER AT LARGE 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WI JIM FROME 8956 ALMQUIST WAY INVER GROVE HEIGHTS MN 55077 6128453257 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 6066 3815 958 0 630 11469 6066 3815 958 630 11469 8235 3234 671 671 12140 0.26640 0.13950 X PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST: FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023, THE OX PSI CHAPTER FOUNDATION QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER REGULATION SECTION 1.170A-9(F)(3), THE FACTS AND CIRCUMSTANCES TEST, WHICH IDENTIFIES THE FOLLOWING RELEVANT FACTORS THAT ARE APPLICABLE: 1. TEN PERCENT SUPPORT LIMITATION: THE TOTAL AMOUNT OF PUBLIC SUPPORT NORMALLY RECEIVED EQUALS AT LEAST 10 PERCENT OF THE TOTAL SUPPORT NORMALLY RECEIVED AND IS OVER 20%. 2. ATTRACTION OF PUBLIC SUPPORT: THE FOUNDATION IS ORGANIZED AND OPERATED AS TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS ON THE GROUNDS THAT IT MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. 3. ALTHOUGH THE CONTRIBUTIONS RECEIVED FROM DAVID KIM DO NOT CONSTITUTE "UNUSUAL GRANTS" UNDER REG. SECTION 1.509(A)-3(C)(3), REMOVING THIS AMOUNT FROM THE ORGANIZATION'S NUMERATOR AND DENOMINATOR OF CONTRIBUTIONS EACH YEAR WOULD RESULT IN WELL OVER 33 1/3% OF ITS CONTRIBUTIONS DEEMED RECEIVED FROM THE PUBLIC. 4. IN ADDITION, UNDER REGULATION SECTION 1.170A-9(F)(3)(III)(D)(3)(II), THE ORGANIZATION'S MISSION STATEMENT PROVIDES THAT THE ORGANIZATION EDUCATE, ENGAGE, EQUIP AND EMPOWER STUDENTS ATTENDING THE UNIVERSITY OF WISCONSIN - MADISON. FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INVESTMENT INCOME. AMOUNT: 671. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIP AWARD. GRANTEE NAME: VARIOUS STUDENTS. AMOUNT GIVEN: 2,000. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BANK FEES. AMOUNT: 55. DESCRIPTION: MISC EXPENSE. AMOUNT: 130. TOTAL TO FORM 990-EZ, LINE 16: 185. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 5,613. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.