2023-04-11T18:49:34-05:00 2022-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2021-06-01 800296934 BETA THETA PI FOUNDATION BETA 5135237591 5134 BONHAM ROAD OXFORD OH 45056 JEFF RUNDLE EXECUTIVE DIRECTOR 5135237591 2023-04-10 1 JEFF RUNDLE 999009999 ANGELA N CRAWFORD CPA P00573197 3178488920 2023-04-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JEFF RUNDLE 5134 BONHAM ROAD OXFORD OH 45056 6706522 0 X WWW.BETATHETAPI.ORG/FOUNDATION.HTML X 2010 OH THE PRINCIPAL PURPOSE OF THE ORGANIZATION, HEREINAFTER REFERRED TO AS THE FOUNDATION, SHALL BE TO FOSTER THE CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES OF BETA THETA PI. 16 16 0 35 0 0 3956803 3988531 0 0 820416 2451778 237577 263414 5014796 6703723 2900150 3267192 0 0 959709 988948 74390 87453 439038 364961 591299 4299210 4934892 715586 1768831 34060012 33085697 650397 841725 33409615 32243972 THE PRINCIPAL PURPOSE OF THE ORGANIZATION, HEREINAFTER REFERRED TO AS THE FOUNDATION, SHALL BE TO FOSTER THE CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES OF BETA THETA PI. 0 0 2264405 1534287 THE ORGANIZATION PROVIDES EDUCATIONAL GRANTS TO ORGANIZATIONS THAT FURTHER THE FOUNDATION'S MISSION, AS WELL AS PROVIDE TUITION SCHOLARSHIPS TO INDIVIDUALS ATTENDING INSTITUTIONS OF HIGHER EDUCATION IN NORTH AMERICA. 315598 315598 TUITION SCHOLARSHIPS WERE AWARDED FOR STUDENTS TO ATTEND A NORTH AMERICAN COLLEGE OR UNIVERSITY. 1417307 1417307 DESIGNATED EDUCATIONAL AREA GRANTS ARE AVAILABLE FROM RESTRICTED CHAPTER FUNDS AND CAN COVER THE COST OF CONSTRUCTION OR RENOVATION OF EDUCATIONAL AREAS IN THE CHAPTER HOUSE SUCH AS THE LIBRARY, STUDY ROOM, COMPUTER ROOM, AS WELL AS EDUCATIONAL FURNISHINGS, INCLUDING COMPUTER EQUIPMENT AND INTERNET ACCESS. OPERATIONAL GRANTS ARE ALSO AVAILABLE FROM RESTRICTED CHAPTER FUNDS IN SUBSEQUENT YEARS TO COVER THE EXPENSES RELATED TO OPERATING THESE EDUCATIONAL AREAS ANNUALLY 3997310 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X JEFF RUNDLE 5135237591 5134 BONHAM ROAD OXFORD OH 45056 FEINSTEIN MICHEAL G CHAIRMAN 2.00 X X 0 0 0 GROVES RANDALL D TREASURER 2.00 X X 0 0 0 BHATT STAVAN R DIRECTOR 1.00 X 0 0 0 BICKFORD MICHAEL A DIRECTOR 1.00 X 0 0 0 CARMICHAEL ARTHUR C JR DIRECTOR 1.00 X 0 0 0 CHIAO KARL DIRECTOR 1.00 X 0 0 0 DARROW PETER N DIRECTOR 1.00 X 0 0 0 FLANAGAN JEFFREY M DIRECTOR 1.00 X 0 0 0 GROTJAN SCOTT E DIRECTOR 1.00 X 0 0 0 HAINES ZACHARY T DIRECTOR 1.00 X 0 0 0 MIRE KENT R DIRECTOR 1.00 X 0 0 0 OLVER THOMAS C DIRECTOR 1.00 X 0 0 0 PIERCE FREDERICK W IV DIRECTOR 1.00 X 0 0 0 PURINTON P THOMAS DIRECTOR 1.00 X 0 0 0 REEVES THOMAS R DIRECTOR 1.00 X 0 0 0 SABOL RICHARD A DIRECTOR 1.00 X 0 0 0 RUNDLE JEFF EXECUTIVE DIRECTOR 10.00 30.00 X 0 257519 36004 ORMSBY URI CHIEF FINANCIAL OFFICER 10.00 30.00 X 0 96607 26706 FERNANDEZ PHIL CHIEF FOUNDATION OFFICER 36.00 4.00 X 0 126437 34181 0 480563 96891 0 0 1 0 0 188587 3799944 525565 3988531 1417532 1417532 243335 0 243335 243335 243335 1034246 0 1034246 1034246 1034246 35 2799 -2764 -2764 BAD DEBT RECOVERY 900999 22843 22843 22843 6703723 22843 0 2692349 2951594 2951594 315598 315598 224321 108176 52800 63345 732369 353075 172400 206894 29680 14309 6986 8385 2578 1243 607 728 13321 13321 2334 2334 87453 87453 74491 74491 46500 33801 12699 241 241 150006 66651 83355 39107 11732 27375 18817 8468 6586 3763 48249 31362 16887 29427 19128 10299 64 64 134358 60461 53743 20154 12759 5742 5104 1913 FUNDRAISING EXPENSES 19217 19217 MISCELLANEOUS 2408 2408 4934892 3997310 498544 439038 31 31 5877049 5471502 552154 318600 4523 16673 180000 5549747 3368339 1931955 2181408 25694300 24917483 0 0 34060012 33085697 187096 340364 150000 0 313301 501361 650397 841725 X 10559442 10140598 22850173 22103374 33409615 32243972 34060012 33085697 1768831 -2934474 0 X X 0 1 X 1 0 X 5449358 3742266 3469387 3956803 3988531 20606345 5449358 3742266 3469387 3956803 3988531 20606345 1081748 19524597 2215409 1288034 1058632 953690 1660867 7176632 149136 20 1348 22843 173347 27956324 0.69840 0.72140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23374486 412351 -380239 845773 22560825 17551390 315644 6481884 974432 23374486 18792486 133948 -563689 811355 17551390 19733656 195207 -293693 842684 18792486 18589113 485329 1551444 892230 19733656 0.28576 0.40656 0.30768 0 0 107933 107933 4584787 2542403 2042384 857027 825936 31091 2181408 DUE TO RELATED PARTY 315298 ANNUITIES PAYABLE 186063 501361 X 3674714 -2934474 2799 -2931675 6606389 74491 22843 97334 6703723 4840357 2799 2799 4837558 74491 22843 97334 4934892 PART V, LINE 4: THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUND AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS AND OTHER ITEMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED ENDOWMENT FUNDS THE FOUNDATION MUST HOLD IN PERPETUITY OR FOR DONOR-SPECIFIED PERIODS, AS WELL AS THOSE OF BOARD-DESIGNATED ENDOWMENT FUNDS. UNDER THE FOUNDATION'S POLICIES, ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE NEED FOR INCOME TO FUND GRANTS THAT SUPPORT SCHOLARSHIPS AND LEADERSHIP PROGRAMMING WHILE ASSUMING LEVELS OF INVESTMENT RISK BASED ON EACH ENDOWMENT'S RISK TOLERANCE AND TIME HORIZON. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF MAY 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 2,799. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 22,843. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 2,799. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 22,843. X X X 1 GABRIEL GROUP 3190 RIDER TRAIL SOUTH SAINT LOUIS MO 63045 DIRECT MAIL 0 340047 86603 253444 340047 86603 253444 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC 1 AFA FOUNDATION 8741 FOUNDERS ROAD INDIANAPOLIS INDIANAPOLIS IN 46268 351920532 501(C)3 11500 0 EDUCATIONAL SUPPORT FOR THE FRATERNITY ADVISOR COMMUNITY BETA MU HOUSE CORPORATION 36 PLEASANT HILL COURT CICERO IN 46304 356044125 501(C)7 67650 0 DESIGNATED EDUCATIONAL AREA GRANT BETA THETA PI BUILDING CORPORATION 6506 S LEWIS STE 175 TULSA OK 74136 736112916 501(C)7 39503 0 DESIGNATED EDUCATIONAL AREA GRANT BETA THETA PI CORPORATION OF OKLAHOMA 324 NORTH ROBINSON AVENUE OKLAHOMA CITY OK 73102 736103379 501(C)7 660000 0 DESIGNATED EDUCATIONAL AREA GRANT FOREVER ALPHA COMPANY 725 E CHESTNUT STREET OXFORD OH 45056 310215990 501(C)7 257000 0 DESIGNATED EDUCAITON AREA GRANT GAMMA DELTA BUILDING ASSOCIATION 6115 S DEARBORN ROAD SPOKANE WA 99223 916053971 501(C)7 453569 0 DESIGNATED EDUCATION AREA GRANT GAMMA ETA ASSOCIATION 5044 DENTON CIRCLE PEACHTREE CORNERS GA 30092 582067861 501(C)7 7235 0 DESIGNATED EDUCATIONAL AREA GRANT BETA THETA PI FRATERNITY 5134 BONHAM ROAD OXFORD OH 45056 310531047 501(C)7 912162 0 LEADERSHIP DEVELOPMENT 1 7 MERIT SCHOLARSHIPS 147 70150 NEED BASED SCHOLARSHIPS 294 178048 MEN OF PRINCIPLE 67 67400 PART I, LINE 2: THE BETA THETA PI FOUNDATION BOARD OF DIRECTORS APPROVES ANNUAL WRITTEN GRANT REQUESTS TO SUPPORT WORTHY EDUCATIONAL PROGRAMS THAT DEMONSTRATE ADVANCEMENT OF EDUCATIONAL GOALS THROUGH IDENTIFIED OUTCOMES AND METRICS. 0 0 0 0 1 0 0 0 0 RUNDLE JEFF EXECUTIVE DIRECTOR 0 173636 0 83883 0 0 0 17400 0 18604 0 293523 0 0 FERNANDEZ PHIL CHIEF FOUNDATION OFFICER 0 116604 0 9833 0 0 0 15704 0 18477 0 160618 0 0 PART I, LINE 3 COMPENSATION IS PAID BY A RELATED ORGANIZATION, BETA THETA PI FRATERNITY. THE BOARD OF TRUSTEES OF THE BETA THETA PI FRATERNITY, THROUGH THE GENERAL SECRETARY, CONDUCTED AN ANNUAL PERFORMANCE AND COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR BASED UPON THE TERMS OF THE EXECUTIVE DIRECTOR'S EMPLOYMENT CONTRACT. THE TRUSTEES REVIEWING THE EXECUTIVE COMPENSATION WERE NOT RELATED TO ANY OTHER TRUSTEE OR EXECUTIVE BY FAMILY OF BUSINESS CONNECTION. BOARD LEADERSHIP ANNUALLY REVIEWS OTHER PEER ORGANIZATIONS 990'S TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR PART I, LINE 5 THE PERCENTAGE OF THE EXECUTIVE DIRECTOR'S BONUS IS DETERMINED BASED UPON HIS ANNUAL PERFORMANCE AGAINST STATED STRATEGIC, OPERATIONAL AND FINANCIAL GOALS ACROSS THE ASSOCIATED ENTITIES. PROGRESS AGAINST THOSE GOALS IS ASSESSED DURING HIS ANNUAL REVIEW WITH THE FRATERNITY TRUSTEES. X 9 525565 AVERAGE HIGH AND LOW 0 1 1 PART I, LINE 32B: DONATIONS OF PUBLICLY TRADED STOCK ARE PROCESSED BY THE ORGANIZATION'S INVESTMENT ADVISOR. SECURITIES OUTSIDE OF THE ORGANIZATION'S PORTFOLIO ARE SOLD AND PROCEEDS ARE INVESTED ACCORDING TO THE INVESTMENT POLICY. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION TREASURER (AUDIT COMMITTEE CHAIR) REVIEWS THE FORM 990 AND ASKS STAFF TO EMAIL IT TO THE REMAINDER OF THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND STAFF ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. IF A CONFLICT OCCURS, THE BOARD CHAIRMAN AND THE EXECUTIVE DIRECTOR ARE INFORMED AND THE CONFLICT IS WORKED THROUGH. NO CONFLICTS WERE NOTED FOR THE CURRENT YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES OF THE BETA THETA PI FRATERNITY REVIEWED AND APPROVED THE COMPENSATION FOR ITS EXECUTIVE DIRECTOR IN 2018 AND IT IS REVIEWED ANNUALLY. THE BOARD MEMBERS REVIEWING THE EXECUTIVE COMPENSATION WERE NOT RELATED TO ANY OF THE BOARD OR DIRECTORS BY FAMILY OR BUSINESS CONNECTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BETA THETA PI FRATERNITY 5134 BONHAM RD OXFORD OH 45056 310531047 PROMOTE AND DEVELOP INTELLECT AND CULTURE OH 501(C)(7) N/A 0 BETA THETA PI GENERAL FRATERNITY HOUSE CORPORATION 5134 BONHAM RD OXFORD OH 45056 823026729 FRATERNITY HOUSING CORPORATION OH 501(C)(7) BETA THETA PI FRATERNITY 1 STAFF PROPERTIES OXFORD 5134 BONHAM RD OXFORD OH 45056 833408534 TITLE HOLDING COMPANY OH 501(C)(2) BETA THETA PI GENERAL FRATERNITY HOUSE CORPORATION 1 219 CHURCH STREET 5134 BONHAM RD OXFORD OH 45056 833460457 TITLE HOLDING COMPANY OH 501(C)(2) BETA THETA PI GENERAL FRATERNITY HOUSE CORPORATION 1 930 LEM MORRISON DRIVE AUBURN 5134 BONHAM RD OXFORD OH 45056 863173707 TITLE HOLDING COMPANY OH 501(C)(2) BETA THETA PI GENERAL FRATERNITY HOUSE CORPORATION 1 0 1 0 1 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 BETA THETA PI FRATERNITY B 912162 COST BETA THETA PI FRATERNITY J 243335 COST