2016-10-12T15:37:30-05:00 2016-05-31 351178661 Blue & Co LLC 8800 Lyra Drive Suite 450 Columbus OH 43240 990 2015-06-01 800296934 Beta Theta Pi Foundation BETA 5135237591 5134 Bonham Road Oxford OH 45056 Jeff Rundle executive director 5135237591 2016-10-12 1 Matthew Dasta P00544683 6148852583 2016-10-12 2015 2017-02-10 21:41:12Z jeff rundle 5134 Bonham Road Oxford OH 45056 7987157 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. 18 18 0 32 0 0 6013932 6867125 0 0 707018 782711 301050 296634 7022000 7946470 4233572 3213174 0 0 878741 797100 137888 164848 286341 536027 868846 5786228 5043968 1235772 2902502 25366318 27238236 637551 918732 24728767 26319504 X 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 659351 659351 contributions received and endowment draws are used to award educational grants to organizations that provide scholarships available to approximately 9,000 collegiate students. 240294 240294 tuition scholarships were awarded for students to attend a north american college or unIversity. 2303609 2303609 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 1327806 9920 VARIOUS OTHER PROGRAM SERVICES USED TO CARRY OUT THE PURPOSE OF THE BETA THETA PI FOUNDATION. THAT PURPOSE IS TO ADVANCE THE EDUCATIONAL MISSION AND GOALS OF BETA THETA PI TOWARD THE VISION OF THE FRATERNITY. THE FOUNDATION STRIVES TO OFFER A VARIETY OF OPPORTUNITIES FOR GIFTSUPPORT OF THE FRATERNITY'S EDUCATION ACTIVITIES, TO COMMUNICATE THESE OPPORTUNITIES TO MEMBERS REGULARLY AND TO PROVIDE THE RESOURCES NECESSARY TO PRODUCE AN EFFECTIVE AND EFFICIENT ADVANCEMENT PROGRAM FOR THE MUTUAL BENEFIT OF DONORS AND BETA THETA PI. 1327806 9920 4531060 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 X 18 18 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 hillhouse john m TREASURER 1.00 X X 0 0 0 ALTHOFF CHRIS G DIrector 1.00 X 0 0 0 MERGLER H KENT Director 1.00 X 0 0 0 MUHLHAUSER MARK A Director 1.00 X 0 0 0 SEIFERT THOMAS D Director 1.00 X 0 0 0 HERMAN JOHN Director 1.00 X 0 0 0 HAGERMAN JOHN D Director 2.00 X 0 0 0 BRYAN KENDALL R Director 1.00 X 0 0 0 BLEAKLEY TODD Director 1.00 X 0 0 0 WILLIAMS MICHAEL A Director 1.00 X 0 0 0 mutz john m director 1.00 X 0 0 0 healy robert n director 1.00 X 0 0 0 painter matthew director 1.00 X 0 0 0 romero j william jr director 1.00 X 0 0 0 beall robert s director 1.00 X 0 0 0 barnhart Peter w c director 1.00 X 0 0 0 KAY S WAYNE chairman 2.00 X X 0 0 0 CHURCHILL MAC N DIrector 1.00 X 0 0 0 BRANT JONATHAN FOUNDATION DIRECTOR 36.00 4.00 X 128502 9440 19162 HORRAS JUDSON executive director ending 1/16 12.00 28.00 X 15343 200425 16976 COBB L MARTIN director of advancement 14.00 26.00 X 17618 117504 18910 rundle jeff executive DIRECTOR beg 1/16 1.00 39.00 X 0 105257 18209 161463 432626 73257 1 0 1 0 0 164461 6702664 623166 6867125 821079 821079 297061 0 297061 297061 297061 38368 -38368 -38368 -38368 1892 2319 -427 -427 7946470 0 0 1079345 2972880 2972880 240294 240294 131866 118679 13187 623492 561143 62349 40018 36016 4002 1724 1552 172 12073 12073 2500 2500 164848 164848 67604 67604 5812 5812 297944 268150 29794 43542 15239 1306 26997 7592 6833 759 2951 2656 295 67219 60497 6722 57439 51695 5744 155216 139694 15522 miscellaneous 148954 49920 4538 94496 5043968 4531060 226567 286341 16 3295603 3776832 2125087 3498953 2105 0 313 5059356 2598269 2430640 2461087 17240129 17501051 272738 25366318 27238236 385889 679440 251662 239292 637551 918732 X 7172973 8176454 8507056 8790104 9048738 9352946 24728767 26319504 25366318 27238236 2902502 -1311765 0 X 0 1 X 1 0 X 4626563 4657146 3874862 6013932 6867125 26039628 4626563 4657146 3874862 6013932 6867125 26039628 26039628 378044 664672 628123 679367 821077 3171283 296702 791768 286439 288360 258267 1921536 31132447 0.83640 0.82640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15975107 1877793 -497920 640566 16714414 14486558 1491431 604585 607467 15975107 12366251 620995 1437615 581307 13843554 11011813 628148 1339072 612782 12366251 12221490 264053 -885124 588606 11011813 0.36000 0.56000 0.08000 0 0 107933 107933 4154796 1858079 2296717 796627 740190 56437 2461087 due to related party 239292 239292 X 6637023 -1311765 -1311765 7948788 -2319 -2319 7946469 5046286 0 5046286 -2318 -2318 5043968 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, 2016 AND 2015, 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 4b - Other Adjustments: Cost of goods sold reported on page 9 -2,319. Part XII, Line 4b - Other Adjustments: Cost of goods sold reported on page 9 -2,318. schedule d part V endowment funds CURRENT YEAR BEGINNING BALANCE IS DIFFERENT FROM PRIOR YEAR ENDING BALANCE DUE TO AN AUDIT ADJUSTMENT. CURRENT YEAR BALANces reflect the correct amounts. X X X X X 1 gabriel group 3190 rider trail south earth city MO 63045 direct mailing 0 234735 51583 183152 ICDHARRIS CONNECTTSM 635 west seventh st ste 107 cincinnati OH 45203 CALLING CAMPAIGN 0 182566 183580 -1014 417301 235163 182138 1 BETA THETA PI FRATERNITY 5134 bonham rd oxford OH 45056 310531047 501(c)7 661967 leadership development programming grant ALPHA CHAPTER HOUSE COMPANY 200 E High St oxford OH 45056 310215990 501(c)7 15428 designated educational area grant Beta Rho Alumni Corporation 1699 Oak Street eugene OR 97401 936027839 501(c)7 22585 designated educational area grant Gamma Beta House Association Inc 1440 S Ambassador Way SALT LAKE CITY UT 84108 870480162 501(c)7 15154 designated educational area grant Beta Theta Pi Corporation of Oklahoma 324 North Robinson Avenue OKLAHOMA CITY OK 73102 736103379 501(c)7 1545000 designated educational area grant BETA MU HOUSE CORPORATION 36 PLEASANT HILL COURT CICERO IN 46304 356044125 501(c)7 363900 designated educational area grant BETA UPSILON ASSOCATION 119 BAY ST RD BOSTON MA 02215 042447180 501(c)7 329975 designated educational area grant AFA FOUNDATION PO BOX 1369 FORT COLLINS CO 80522 351920532 501(c)7 5000 educational support for the fraternity advisor community MIT 77 MASSACHUSETTS AVE CAMBRIDGE MA 02139 042103594 501(C)3 5000 EDUCATIONAL SUPPORT 1 8 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. X 0 0 0 0 1 0 0 0 0 BRANT JONATHAN FOUNDATION DIRECTOR 128502 9426 0 0 0 14 0 4648 12944 1570 141446 15658 0 0 HORRAS JUDSON executive director ending 1/16 15343 100151 0 100274 0 0 0 6481 1501 8994 16844 215900 0 0 COBB L MARTIN director of advancement 17618 117490 0 0 0 14 0 3283 1989 13638 19607 134425 0 0 Part I, Line 3 Compensation for the foundation director is determined by checking comparable data on the 990s of other similar organizations. Part I, Line 5 The Administrative Secretary 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 38 623166 AVERAGE 0 1 0 Form 990, Part VI, Section B, line 11 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 EXECUTIVES IN 2015 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 ORGANIZATION'S 990S TO DETERMINE COMPENSATION FOR THE ADMINITRATIVE SECRETARY. Form 990, Part VI, Section C, line 19 the organization's governing documents, conflict of interest policy, and financial statements are provided upon request. Beta Theta Pi Fraternity 5134 bonham rd oxford OH 45056 310531047 promote and develop intellect and culture OH 501(c)(7) N/A 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0