2016-08-15T10:12:49-05:00 2015-12-31 350905983 K B PARRISH & CO LLP 6840 EAGLE HIGHLANDS WAY INDIANAPOLIS IN 46254 990 2015-01-01 800244485 ZETA BETA TAU FOUNDATION INC ZETA 3173341898 3905 VINCENNES ROAD INDIANAPOLIS IN 46268 FARON LEWITT EXECUTIVE DIRECTOR 3173341898 2016-08-11 1 RYAN KEITH CPA P00846149 3173475200 2015 2016-12-15 16:53:06Z FARON LEWITT 3905 VINCENNES ROAD INDIANAPOLIS IN 46268 2709483 0 X WWW.ZBT.ORG/FOUNDATION.HTML X 1950 IN SEE SCHEDULE O.THE ZETA BETA TAU FOUNDATION IS A NONPROFIT CORPORATION EXCLUSIVELY COMMITTED TO EDUCATIONAL AND CHARITABLE PURPOSES THAT ASSIST THE BROTHERS OF ZETA BETA TAU FRATERNITY THROUGH THE FUNDING OF SCHOLARSHIPS AND ACADEMIC AND LEADERSHIP PROGRAMS TO MAXIMIZE THEIR PERSONAL DEVELOPMENT AND PREPARE THEM TO BE LEADERS OF SOCIETY. THE FOUNDATION ALSO SUPPORTS PHILANTHROPIC INTERESTS VIA GRANTS TO OTHER CHARITABLE ORGANIZATIONS.THE SCHOLARSHIPS AND ACADEMIC AND LEADERSHIP PROGRAMS FUNDED BY THE FOUNDATION ENHANCE THE OVERALL VALUE OF MEMBERSHIP IN ZETA BETA TAU FRATERNITY BY COMPLEMENTING THE COLLEGIATE EDUCATIONAL EXPERIENCE. 13 13 9 17 0 0 505767 742591 0 0 323172 98069 3632 28039 832571 868699 153141 170064 0 0 280397 312314 2500 0 342504 294663 263118 730701 745496 101870 123203 4159088 4079276 57619 88667 4101469 3990609 X SEE SCHEDULE O.THE ZETA BETA TAU FOUNDATION IS A NONPROFIT CORPORATION EXCLUSIVELY COMMITTED TO EDUCATIONAL AND CHARITABLE PURPOSES THAT ASSIST THE BROTHERS OF ZETA BETA TAU FRATERNITY. THE FOUNDATION ASSISTS THE BROTHERS OF ZETA BETA TAU FRATERNITY BY FUNDING SCHOLARSHIPS AND ACADEMIC AND LEADERSHIP PROGRAMS TO MAXIMIZE THEIR PERSONAL DEVELOPMENT AND PREPARE THEM TO BE LEADERS OF SOCIETY. THE SCHOLARSHIPS AND ACADEMIC AND LEADERSHIP PROGRAMS FUNDED BY THE FOUNDATION ENHANCE THE OVERALL VALUE OF MEMBERSHIP IN ZETA BETA TAU FRATERNITY BY COMPLEMENTING THE COLLEGIATE EDUCATIONAL EXPERIENCE. 0 0 67827 50250 TO PROVIDE SCHOLARSHIPS TO NEEDY AND DESERVING UNDERGRADUATES AND SOME SPECIAL CASES TO GRADUATE STUDENTS WHO ALMOST WITHOUT EXCEPTION ARE MEMBERS OF ZETA BETA TAU FRATERNITY. SCHOLARSHIPS ARE GRANTED BASED ON A FORMULA OF NEED, SCHOLARSHIP, CHAPTER ACTIVITY AND CAMPUS ACTIVITY. 81024 60027 LEADERSHIP DEVELOPMENT SCHOOL - TO PROVIDE PARTIAL FUNDING FOR THE ZETA BETA TAU FRATERNITY NATIONAL LEADERSHIP SCHOOL WHICH BRINGS TOGETHER UNDERGRADUATES FROM ACROSS THE UNITED STATES IN ORDER TO ATTEND PANELS AND SEMINARS ON TOPICS SUCH AS GROUP DYNAMICS, PERSONAL MOTIVATION, ALCOHOL, AND DRUG ABUSE. 30108 22306 LEADERSHIP TRAINING - TO PROVIDE GRANTS TO VARIOUS CHAPTERS OF ZETA BETA TAU FRATERNITY TO FUND THEIR ATTENDANCE AT REGIONAL LEADERSHIP CONCLAVES (DOVER DAYS) AND/OR THE ZETA BETA TAU FRATERNITY NATIONAL LEADERSHIP DEVELOPMENT SCHOOL. 50592 37481 SPLIT FUNDRAISING EVENTS AND PROGRAMS WITH SELECTED UNRELATED CHARITIES. LARGEST CHARITY INCLUDED IN THESE PROGRAM SERVICES IS FUNDRAISING FOR THE CHILDREN'S MIRACLE NETWORK. IN ADDITION, OTHER PROGRAMS TO SUPPORT EDUCATIONAL ACTIVITIES OF THE MEMBERSHIP OF ZETA BETA TAU FRATERNITY. 50592 37481 229551 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X X FARON LEWITT 3173341898 3905 VINCENNES ROAD INDIANAPOLIS IN 46268 BRUCE H WEINSTEIN PRESIDENT 1.00 X X 0 0 0 JOEL M EPSTEIN VICE PRESIDENT 1.00 X X 0 0 0 STEVEN E GOLD VICE PRESIDENT 1.00 X X 0 0 0 DANIEL P EASTON SECRETARY 1.00 X X 0 0 0 JERRY N KATZ TREASURER 1.00 X X 0 0 0 MICHAEL F EASTON DIRECTOR 1.00 X 0 0 0 STEPHEN A GINGOLD DIRECTOR 1.00 X 0 0 0 DANIEL M GOODMAN DIRECTOR 1.00 X 0 0 0 RICHARD KRELSTEIN DIRECTOR 1.00 X 0 0 0 JAMES S MAMARY DIRECTOR 1.00 X 0 0 0 SCOTT E SILBERFEIN ESQ DIRECTOR 1.00 X 0 0 0 ROBERT B SILVERMAN DIRECTOR 1.00 X 0 0 0 MICHAEL F ZARB DIRECTOR 1.00 X 0 0 0 FARON LEWITT EXECUTIVE DIRECTOR 40.00 X 132970 0 4036 132970 0 4036 1 0 0 0 0 742591 14063 742591 85545 85545 1853308 1840784 12524 12524 12524 MISCELLANEOUS 900099 17176 17176 ALUMNI EVENT REGISTRATIONS 900099 10863 10863 28039 868699 28039 0 98069 119814 119814 50250 50250 137006 20551 41102 75353 148581 17395 13862 117324 3716 410 324 2982 1568 133 104 1331 21443 3153 5197 13093 30400 30400 27187 27187 5328 5328 15510 10815 479 4216 18196 1000 15196 2000 54630 6030 16909 31691 1624 1624 392 392 1807 1807 PRINTING, PUBLICATION, 36718 8018 28700 UNCOLLECTIBLE PLEDGE WR 35621 35621 BANK AND CREDIT CARD FE 25264 160 25104 TRAINING AND DEVELOPMEN 5576 5576 4865 1400 3465 745496 229551 173441 342504 0 11993 158350 197820 1059304 1099292 31338 5934 10815 0 0 10000 23257 20980 1152 2277 2848910 2710257 30000 25000 3000 16219 16703 4159088 4079276 33674 33101 23945 55566 57619 88667 X -145575 -126741 2514350 2317043 1732694 1800307 4101469 3990609 4159088 4079276 X 123203 -215806 -18257 X X 0 1 X 1 0 X 571091 731716 1024059 505767 742591 3575224 571091 731716 1024059 505767 742591 3575224 226846 3348378 63841 74444 65695 88268 85545 377793 1697 5110 33583 3630 28039 72059 4025076 0.83190 0.82760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2415386 43612 -111101 83995 34636 2229266 2516715 10652 106627 63740 81788 73080 2415386 2198884 31953 424075 68138 70059 2516715 1957704 125572 215128 65386 -28852 62986 2198884 2062855 7889 -34753 65142 -45444 58589 1957704 0.00000 0.74530 0.25470 0 0 23257 20980 2277 2277 X 571828 -215806 -53878 -269684 841512 27187 27187 868699 682688 0 682688 27187 35621 62808 745496 PART V, LINE 4: INVESTMENT EARNINGS FROM ENDOWMENT FUNDS ARE USED TO AWARD SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS ATTENDING COLLEGES AND UNIVERSITIES AND TO FUND EDUCATIONAL GRANTS TO ORGANIZATIONS TO PROMOTE SCHOLARSHIP, LEADERSHIP, CITIZENSHIP, AND STUDENT HEALTH PROGRAMS. PART X, LINE 2: THE FOUNDATION HAS EVALUATED TAX POSITIONS TAKEN IN THE TAX RETURNS FILED AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS DEFINED BY GENERALLY ACCEPTED ACCOUNTING STANDARDS. UNDER A THREE-YEAR STATUTE OF LIMITATIONS, THE ORGANIZATION REMAINS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDED DECEMBER 31, 2012 THROUGH DECEMBER 31, 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PLEDGE ALLOWANCE REPORTED AS BAD DEBT EXPENSE -53,878. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN PLEDGE ALLOWANCE REPORTED AS BAD DEBT EXPENSE 35,621. 1 ZETA BETA TAU FRATERNITY 3905 VINCENNES ROAD INDIANAPOLIS IN 46268 131496610 501(C)(7) 71142 EDUCATIONAL PROGRAMS CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 870387205 501(C)(3) 35163 PROMOTE ORGANIZATION'S MISSION TO SAVE CHILDREN THROUGH AWARENESS AND SUPPORT OF CHILDREN'S HOSPITALS - SPLIT CONTRIBUTION PROGRAM UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY GARDENS SUITE UGB203 LOS ANGLES CA 90089 951642394 501(C)(3) 9000 CHAPTER EXPENSES 2 1 SCHOLARSHIPS 25 50250 PART I, LINE 2: SCHOLARSHIPS ARE SUBJECT TO ACADEMIC PERFORMANCE AND VERIFICATION OF FINANCIAL NEED. GRANTS TO ORGANIZATIONS ARE SUBJECT TO GRANT AGREEMENTS, IF APPLICABLE. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. UPON COMPLETION OF THE ANNUAL DISCLOSURE, THE EXECUTIVE DIRECTOR REVIEWS TO ENSURE THAT THERE ARE NO POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USES INDUSTRY COMPENSATION DATA ALONG WITH CONSIDERATION OF RESPONSIBILITIES, AUTHORITY AND TIME DEVOTION IN ORDER TO ESTABLISH AN EXECUTIVE DIRECTOR SALARY THAT IS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST. ANNUAL FORM 990S CAN ALSO BE ATTAINED THROUGH THIRD PARTY WEBSITES SUCH AS WWW.GUIDESTAR.COM. FORM 990, PART XI, LINE 9: CHANGE IN ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -18,257. PAGE 12, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT AND SELECTS AN INDEPENDENT ACCOUNTANT TO PERFORM THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.