2013-04-11T07:40:55-05:00 2012-05-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST SUITE 400 CARMEL IN 46032 990 2011-06-01 136141078 ALPHA EPSILON PI FOUNDATION INC ALPH 3178761913 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 ANDREW BORANS 3178761913 2013-04-04 1 ANGELA N CRAWFORD P00573197 3178488920 2013-04-04 2011 2016-03-07 17:11:31Z ANDREW BORANS 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 1051873 0 X WWW.AEPI.ORG X 1945 IN TO PROMOTE THE IDEALS AND VALUES OF THE ALPHA EPSILON PI FRATERNITY THROUGH LEADERSHIP DEVELOPMENT; TO PARTNER WITH EDUCATIONAL AND JEWISH COMMUNAL ORGANIZATIONS; TO PROVIDE SCHOLARSHIPS, FINANCIAL SUPPORT AND PROGRAMMING FOR THE BETTERMENT OF OUR BROTHERS AND OUR COMMUNITY. 15 15 0 0 0 0 344945 685561 158095 70210 28511 27335 3761 8044 535312 791150 211612 337507 0 0 2276 170006 0 0 33811 395157 340270 609045 847783 -73733 -56633 2319197 2287904 0 3268 2319197 2284636 TO PROMOTE THE IDEALS AND VALUES OF THE ALPHA EPSILON PI FRATERNITY THROUGH LEADERSHIP DEVELOPMENT; TO PARTNER WITH EDUCATIONAL AND JEWISH COMMUNAL ORGANIZATIONS; TO PROVIDE SCHOLARSHIPS, FINANCIAL SUPPORT AND PROGRAMMING FOR THE BETTERMENT OF OUR BROTHERS AND OUR COMMUNITY. 0 0 337507 337507 EDUCATIONAL GRANTS TO INDIVIDUALS AND INSTITUTIONS FOR EDUCATIONAL PURPOSES AND TO ASSIST IN PAYING FOR THEIR TUITION AND BOOKS 102539 EDUCATIONAL COSTS TO ASSIST UNDERGRADUATE CHAPTERS IN ADDRESSING PROBLEMS OF ALCOHOL AND DRUG ABUSE AND OTHER EDUCATIONAL ACTIVITIES 70210 PROVIDE HOUSING AND LOANS TO CHAPTERS OF ALPHA EPSILON PI FRATERNITY 440046 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 0 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 1 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 IN X ANDREW BORANS 3178761913 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 A EDWARD SCHERER 2.00 X X 0 0 0 ANDREW FRADKIN 2.00 X 0 0 0 MARC P KATZ 2.00 X X 0 0 0 RICHARD H STEIN 2.00 X 0 0 0 ANDREW S BORANS 13.00 X X 0 134005 0 JONATHAN M PIERCE 2.00 X 0 0 0 IRA BRODY 2.00 X X 0 0 0 GARY ANDERSON 2.00 X 0 0 0 HOWARD S COHEN 2.00 X 0 0 0 JOSHUA S GOTTHEIMER 2.00 X 0 0 0 HOWARD M LORBER 2.00 X 0 0 0 ANDREW G MORRIS 2.00 X 0 0 0 DAVID NIGLIAZZO 2.00 X 0 0 0 ADAM RUNSDORF 2.00 X 0 0 0 BARRY A SCHWARTZ 2.00 X 0 0 0 0 134005 0 0 0 0 0 0 685561 685561 RENTAL INC - AEPI FRAT 532000 44000 44000 CHAPTER LOAN INTEREST 525990 26210 26210 70210 29608 29608 258450 260723 -2273 -2273 -2273 MISCELLANEOUS REVENUE 900099 7636 7636 INCREASE IN CSV LIFE I 900099 408 408 8044 791150 70210 0 35379 337507 337507 153746 153746 4748 4748 11512 11512 15781 15781 4878 4878 22084 3139 18945 12824 12824 31659 31659 4291 2791 1500 39827 39827 ADMINISTRATIVE FEE TO A 70000 70000 BAD DEBT EXPENSE 53714 53714 LORBER JEWISH PROGRAMMI 45000 45000 OTHER FUNDRAISING COSTS 27768 27768 12444 4169 2232 6043 847783 440046 373926 33811 112420 310420 1513429 811660 728362 701769 847658 706784 630757 568931 2319197 2287904 3268 0 3268 X 264493 42537 1499811 1681806 554893 560293 2319197 2284636 2319197 2287904 X -56633 22072 X X 1 0 1 X 0 X 518587 268916 274209 344945 685561 2092218 98288 147300 185150 158095 70210 659043 616875 416216 459359 503040 755771 2751261 40776 22936 22435 29886 59754 175787 0 40776 22936 22435 29886 59754 175787 2575474 31566 60762 35621 39276 29608 196833 31566 60762 35621 39276 29608 196833 648441 476978 494980 542316 785379 2948094 0.87360 0.87040 0.06680 0.07130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 789628 53943 34765 0 878336 777807 10718 18778 63212 744091 788771 9900 22998 43862 777807 0.00000 0.63790 0.36210 0 0 141389 141389 968288 444130 524158 403752 367530 36222 701769 MORTGAGE RECEIVABLES FROM LOCAL CHAPTERS 508306 INTEREST RECEIVABLE - MORTGAGE NOTES 26476 CSV LIFE INSURANCE-HB BERMAN 19149 RELATED PARTY RECEIVABLE 15000 568931 791150 847783 -56633 22072 22072 -34561 808344 22072 22072 786272 4878 4878 791150 842905 0 842905 4878 4878 847783 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ALPHA EPSILON PI FOUNDATION, INC. IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. ADDITIONALLY, THE FOUNDATION HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. 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, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ALPHA EPSILON PI FOUNDATION, INC. HAS FILED THEIR FEDERAL AND STATE INCOME TAX RETURNS FOR THE PERIOD THROUGH MAY 31, 2011 AND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). 1 ELEM ISRAEL 4905 CLOVER COURT LONG GROVE IL 60047 133171815 501(C)(3) 25000 N/A N/A GENERAL SUPPORT FOR CHOSEN NATIONAL PHILANTHROPY FRIENDS OF THE ISRAEL DEFENSE FORCES CO CENTRAL REGION 29 EAST MADISON CHICAGO IL 60602 133156445 501(C)(3) 25000 N/A N/A GENERAL SUPPORT FOR CHOSEN NATIONAL PHILANTHROPY JEWISH NATIONAL FUND 42 EAST 69TH STREET NEW YORK NY 10021 131659627 501(C)(3) 25000 N/A N/A GENERAL SUPPORT FOR CHOSEN NATIONAL PHILANTHROPY KESHET 617 LANDWEHR ROAD NORTHBROOK IL 60062 363441392 501(C)(3) 25000 N/A N/A GENERAL SUPPORT FOR CHOSEN NATIONAL PHILANTHROPY SHARSHERET 1086 TEANECK ROAD SUITE 3A TEANECK NJ 07666 134198529 501(C)(3) 25000 N/A N/A GENERAL SUPPORT FOR CHOSEN NATIONAL PHILANTHROPY SAVE A CHILD'S HEART FOUNDATION US INC 10050 CHAPEL ROAD SUITE 18 POTOMAC MD 20854 521783323 501(C)(3) 25000 N/A N/A GENERAL SUPPORT FOR CHOSEN NATIONAL PHILANTHROPY AMERICAN FRIENDS OF LEKET ISRAEL INC PO BOX 2090 TEANECK NJ 07666 208202424 501(C)(3) 25000 N/A N/A GENERAL SUPPORT FOR CHOSEN NATIONAL PHILANTHROPY PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: 1. AT THE NATIONAL CONVENTION HELD YEARLY, ALL CHAPTERS HAVE INPUT VIA THE SUPREME COUNCIL MEETING, TO SELECT DESTINATION OF OFFICIAL PHILANTROPHY FUNDRAISING EFFORTS. 2. INDIVIDUAL GRANT REQUESTS ARE SUBMITTED BY APPLICATION FOR BENEFIT OF EITHER A CHAPTER OR AN UNDERGRADUATE, UP TO A PREDETERMINED AMOUNT, EACH SEMESTER. THE EXECUTIVE VP REVIEWS THE APPLICATION & DETERMINES IF FUNDS ARE AVAILABLE TO BE DISBURSED FROM EITHER THE SPECIAL FUNDS OR THE GENERAL FUND. 3. WORKING IN CONJUNCTION WITH OUR PARTNER ORGANIZATIONS, CO-SPONSORSHIP OR DONATIONS, MAY BE NECESSARY TO SUPPORT SPECIFIC EVENTS OR ACTIVITES FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY AND REVIEWED PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 22,072. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. ALPHA EPSILON PI FRATERNITY INC 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 430769468 TRAIN FUTURE LEADERS OF JEWISH COMMUNITY IN 501(C)(7) 0 ESPONDA ASSOCIATES INC 8815 WESLEYAN ROAD INDIANAPOLIS IN 46268 270762793 PROVIDING APPROPRIATE SAFE HOUSING FACILITIES FOR THE FRATERNITY IN 501(C)(7) 0 1 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0