2020-04-09T13:56:26-05:00 2019-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2018-06-01 800296934 BETA THETA PI FOUNDATION BETA 5135237591 5134 BONHAM ROAD OXFORD OH 45056 JEFF RUNDLE EXECUTIVE DIRECTOR 5135237591 2020-04-01 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2020-04-01 184.170.167.146 2020-04-01 14:52:08 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AF923E04E140C4DE71FD41AF2127CF5344A3E036 2018 2020-09-22 18:59:49Z JEFF RUNDLE 5134 BONHAM ROAD OXFORD OH 45056 6888893 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. 17 17 0 32 0 0 5449358 3742266 0 0 1916164 917636 448381 293365 7813903 4953267 4446838 4899809 0 0 852024 843396 84108 94111 213577 548362 549827 5931332 6387143 1882571 -1433876 31007771 28295867 705637 639399 30302134 27656468 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 2088766 1006934 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. 246762 246762 TUITION SCHOLARSHIPS WERE AWARDED FOR STUDENTS TO ATTEND A NORTH AMERICAN COLLEGE OR UNIVERSITY. 3646113 3646113 DEA 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 5981641 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X JEFF RUNDLE 5135237591 5134 BONHAM ROAD OXFORD OH 45056 FEINSTEIN MICHEAL G CHAIRMAN 2.00 X X 0 0 0 BRYAN KENDALL R TREASURER 2.00 X X 0 0 0 HAGERMAN JOHN D DIRECTOR 2.00 X 0 0 0 DOWNER MICHAEL J DIRECTOR 1.00 X 0 0 0 DARROW PETER N DIRECTOR 1.00 X 0 0 0 HEALY ROBERT N DIRECTOR 1.00 X 0 0 0 HERMAN JOHN DIRECTOR 1.00 X 0 0 0 MUHLHAUSER MARK A DIRECTOR 1.00 X 0 0 0 BLEAKLEY TODD DIRECTOR 1.00 X 0 0 0 ROMERO J WILLIAM JR DIRECTOR 1.00 X 0 0 0 BUDARAPU AMARNATH DIRECTOR 1.00 X 0 0 0 CHURCHILL MAC N DIRECTOR 1.00 X 0 0 0 PURINTON P THOMAS DIRECTOR 1.00 X 0 0 0 BANKS RICHARD W DIRECTOR 1.00 X 0 0 0 WILLIAMS STEVEN A DIRECTOR 1.00 X 0 0 0 KOZUKI AARON T DIRECTOR 1.00 X 0 0 0 GROVES RANDALL D DIRECTOR 1.00 X 0 0 0 RUNDLE JEFF EXECUTIVE DIRECTOR 1.00 39.00 X 0 201900 58817 JONATHAN BRANT FOUNDATION DIRECTOR 36.00 4.00 X 0 150294 14417 DAN FOGLE CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 86381 11715 0 438575 84949 0 0 1 0 0 192007 3550259 438302 3742266 988720 988720 176 176 299138 0 299138 299138 299138 1858573 1929657 -71084 -71084 -71084 5969 -5969 -5969 MISCELLANEOUS 900099 20 20 20 4953267 20 0 1210981 4653047 4653047 246762 246762 809425 647539 80943 80943 32062 25650 3206 3206 1909 1527 191 191 13251 13251 94111 94111 59724 59724 370 37 333 118677 96629 6438 15610 8048 7243 805 37564 37564 48278 43450 4828 53815 48434 5381 161646 144525 17121 9063 9063 MISCELLANEOUS EXPENSE 39391 20208 19183 6387143 5981641 191925 213577 30 30 5983626 4067884 2373859 1738919 5665 2246 0 5181996 3016412 2258340 2165584 20389670 20317785 31007771 28295867 181714 176114 523923 463285 705637 639399 X 9415524 9188058 10467564 7978579 10419046 10489831 30302134 27656468 31007771 28295867 -1433876 -1211790 0 X X 0 1 X 1 0 X 6013932 6867125 5217137 5449358 3742266 27289818 6013932 6867125 5217137 5449358 3742266 27289818 286440 27003378 679367 821077 1016823 2215409 1288034 6020710 288360 258267 299183 149136 20 994966 34305494 0.78710 0.80500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19733656 195207 -293693 842684 18792486 18589113 485329 1551444 892230 19733656 16714414 778754 1845219 749274 18589113 15975107 1877793 -497920 640566 16714414 14486558 1491431 604585 607467 15975107 0.33710 0.10470 0.55820 0 0 107933 107933 3625280 1730329 1894951 591756 481215 110541 857027 804868 52159 2165584 DUE TO RELATED PARTY 262729 ANNUITIES PAYABLE 200556 463285 X 3534730 -1211790 -147023 -1358813 4893543 59724 59724 4953267 6180396 -147023 -147023 6327419 59724 59724 6387143 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF 611 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUND AND FUNDS DESIGNATED BY THE GOVERNING BODY TO FUNCTION AS ENDOWMENTS (BOARD-DESIGNATED ENDOWMENT FUNDS). 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, 2019 AND 2018, 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: MISCELLANEOUS INCOME NETTED WITH EXPENSES -147,023. PART XII, LINE 2D - OTHER ADJUSTMENTS: MISCELLANEOUS INCOME NETTED WITH EXPENSES -147,023. X X X X X 1 GABRIEL GROUP 3190 RIDER TRAIL SOUTH SAINT LOUIS MO 63045 DIRECT MAIL 0 295100 89185 205915 295100 89185 205915 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 1 AFA FOUNDATION (C3) PO BOX 1369 FORT COLLINS CO 80522 351920532 501(C)3 12500 EDUCATIONAL SUPPORT FOR THE FRATERNITY ADVISOR COMMUNITY ALPHA CHAPTER HOUSE COMPANY (C7) 200 E HIGH ST OXFORD OH 45056 310215990 501(C)7 526962 DESIGNATED EDUCATIONAL AREA GRANT BETA KAPPA HOUSE COMPANY (C7) 23 N COURT ST ATHENS ATHENS OH 45701 800917214 501(C)7 27728 DESIGNATED EDUCATIONAL AREA GRANT BETA MU HOUSE CORPORATION (C7) 36 PLEASANT HILL COURT CICERO IN 46304 356044125 501(C)7 240721 DESIGNATED EDUCATIONAL AREA GRANT BETA NU OF BETA THETA PI BUILDING COMPANY (C2) 6266 ORCHARD LANE CINCINNATI OH 45213 316041548 501(C)2 31564 DESIGNATED EDUCATIONAL AREA GRANT BETA THETA FRATERNITY (C7) 5134 BONHAM RD OXFORD OH 45056 310531047 501(C)7 992434 LEADERSHIP DEVELOPMENT GRANT BETA THETA PI BUILDING CORPORATION (C7) 6506 S LEWIS STE 175 TULSA OK 74136 736112916 501(C)7 1122548 DESIGNATED EDUCATIONAL AREA GRANT BETA THETA PI CORPORATION OF OKLAHOMA (C7) 324 NORTH ROBINSON AVENUE OKLAHOMA CITY OK 73102 736103379 501(C)7 358000 DESIGNATED EDUCATIONAL AREA GRANT BETA THETA PI SOCIETY OF MINNESOTA (C7) 15577 42ND ST SOUTH AFTON MN 55001 416035894 501(C)7 30070 DESIGNATED EDUCATIONAL AREA GRANT EPSILON OMICRON CHAPTER HOUSE CORPORATION (C7) 730 CENTRE VIEW BLVD CRESTVIEW HILLS KY 41017 472034147 501(C)7 187779 DESIGNATED EDUCATIONAL AREA GRANT FLORIDA BETA STUDENT AID FUND INC (C2) PO BOX 140717 GAINESVILLE FL 32614 237366820 501(C)2 100000 DESIGNATED EDUCATIONAL AREA GRANT GAMMA ETA ASSOCIATION (C7) 2160 NILES PLACE NE ATLANTA GA 30324 582067861 501(C)7 8428 DESIGNATED EDUCATIONAL AREA GRANT GAMMA NU HOUSE CORPORATION (C7) 600 WILSHIRE BOULEVARD STE 1515 LOS ANGELES CA 90017 956068114 501(C)7 19003 DESIGNATED EDUCATIONAL AREA GRANT PETERS TRUST COMPANY OF MOSCOW IDAHO (C2) PO BOX 8325 MOSCOW ID 83843 820277425 501(C)2 119502 DESIGNATED EDUCATIONAL AREA GRANT TAU SIGMA ALUMNI ASSOCIATION (C7) 2145 SE PARKVIEW CROSSING DRIVE WAUKEE IA 50263 237213015 501(C)7 268783 DESIGNATED EDUCATIONAL AREA GRANT THE BETA THETA PI BUILDING ASSOCIATION (C7) 47 E 16TH AVE COLUMBUS COLUMBUS OH 43201 316038865 501(C)7 604542 DESIGNATED EDUCATIONAL AREA GRANT 1 15 MERIT SCHOLARSHIPS 358 246762 PART I, LINE 2: THE BETA THETA PI FOUNDATION BOARD OF DIRECTORS APPROVES GRANT APPLICATIONS TO SUPPORT WORTHY EDUCATIONAL PROGRAMS. BEFORE ANY GRANTS ARE ISSUED, THE BETA THETA PI FOUNDATION ENSURES THAT THE WORTHINESS AND RESULTS OF THE PROGRAM ARE SUBMITTED IN WRITING AND REVIEWED. 0 0 0 0 1 0 0 0 0 RUNDLE JEFF EXECUTIVE DIRECTOR 0 156800 0 45100 0 0 0 39584 0 19233 0 260717 0 0 JONATHAN BRANT FOUNDATION DIRECTOR 0 150294 0 0 0 0 0 6135 0 8282 0 164711 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. THE BOARD ANNUALLY REVIEWS OTHER PEER ORGANIZATIONS' 990S TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR. PART I, LINE 5 THE EXECUTIVE DIRECTOR WILL RECEIVE 100% OF THE MAXIMUM BONUS FOR THIS CATEGORY IF THE GENERAL FRATERNITY AND FOUNDATION "BREAK-EVEN" DURING THE CORRESPONDING FISCAL YEAR. THE ONLY EXCEPTION TO THIS CONDITION WOULD BE IF EITHER THE FRATERNITY OR FOUNDATION BOARD AUTHORIZING DEFICIT SPENDING IN A GIVEN YEAR. IN THIS CASE, THE AMOUNT OF THE AGREED UPON DEFICIT SPEND WILL BE USED TO DETERMINE THE "BREAK EVEN" FIGURE. THE GENERAL SECRETARY AND GENERAL TREASURER WILL MAKE A DECISION ON THE PERCENTAGE OF THE OVERALL FINANCIAL PERFORMANCE BONUS IN THE EVENT THAT A "BREAK EVEN" IS NOT ACHIEVED DURING A CORRESPONDING FISCAL YEAR. X 12 438302 AVERAGE HIGH AND LOW 0 1 1 PART I, COLUMN (B): THE NUMBER OF INDIVIDUALS CONTRIBUTIONS OF STOCK 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 15 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. FINAL APPROVAL IS DOCUMENTED IN THE BOARD OF DIRECTOR MINUTES. THE BOARD ALSO REVIEWS OTHER FRATERNAL ORGANIZATION'S 990S TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR, AS WELL AS DATA FROM OTHER COMPARABLE NON-PROFIT ORGANIZATIONS. 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 0 219 CHURCH STREET 5134 BONHAM RD OXFORD OH 45056 833460457 TITLE HOLDING COMPANY OH 501(C)(2) BETA THETA PI GENERAL FRATERNITY HOUSE CORPORATION 1 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 BETA THETA PI GENERAL FRATERNITY HOUSE CORPORATION 5134 BONHAM RD OXFORD OH 45056 823026729 CHAPTER HOUSING OH 501(C)(7) BETA THETA PI FRATERNITY 1 BETA THETA PI BUILDING ASSOCIATION 5134 BONHAM RD OXFORD OH 45056 376026273 CHAPTER HOUSING 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 0 0 1 0 0 0 BETA THETA PI FRATERNITY B 992434 COST BETA THETA PI FRATERNITY J 299000 COST