ALPHA GAMMA RHO LAMBDA CHAPTER EDUCATIONAL FOUNDATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: ALPHA GAMMA RHO LAMBDA CHAPTER EDUCATIONAL FOUNDATION (EIN 41-1382138)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-09-25
IRS object ID: 201222699349300207
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule G
Schedule I
Schedule N
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-09-25T08:22:49-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VETSCHER & ASSOCIATES LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2550 UNIVERSITY AVE W STE 185S	AddressLine1
City	SAINT PAUL	City
State	MN	State
ZIP Code	551142001	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	411382138	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ALPHA GAMMA RHO-LAMBDA CHAPTER EDUC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ALPH	NameControl
Phone	6128124491	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 8221	AddressLine1
City	ST PAUL	City
State	MN	State
ZIP Code	55108	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KEITH WOLF	Name
Title	TREASURER	Title
Phone	6128124491	Phone
Date Signed	2012-08-20	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	THOMAS R VETSCHER	Name
Phone	6516902250	Phone
Date Prepared	2012-09-25	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	KEITH WOLF	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	4600 WOODDALE AVE	AddressLine1
City	EDINA	City
State	MN	State
ZIP Code	55424	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1017371	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1980	YearFormation
State Legal Domicile	MN	StateLegalDomicile
Activity Or Mission Description	PROVIDING SUPPORT FOR ALPHA GAMMA RHO - LAMBDA FRATERNITY AT THE UNIVERSITY OF MINNESOTA, TWIN CITY CAMPUS.	ActivityOrMissionDescription
Termination Or Contraction	X	TerminationOrContraction
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	20	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	9710	ContributionsGrantsPriorYear
Contributions Grants Current Year	427805	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	100680	ProgramServiceRevenuePriorYear
Program Service Revenue CY	5228	ProgramServiceRevenueCY
Investment Income Prior Year	10610	InvestmentIncomePriorYear
Investment Income Current Year	243724	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	121000	TotalRevenuePriorYear
Total Revenue Current Year	676757	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	17248	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	255684	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	47332	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	106928	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	106928	TotalFundrsngExpCurrentYear
Other Expense Prior Year	99193	OtherExpensePriorYear
Other Expenses Current Year	27186	OtherExpensesCurrentYear
Total Expenses Prior Year	163773	TotalExpensesPriorYear
Total Expenses Current Year	389798	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-42773	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	286959	RevenuesLessExpensesCY
Total Assets BOY	923342	TotalAssetsBOY
Total Assets EOY	1171455	TotalAssetsEOY
Total Liabilities BOY	9581	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	913761	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1171455	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	PROVIDING SUPPORT FOR ALPHA GAMMA RHO - LAMBDA FRATERNITY AT THE UNIVERSITY OF MINNESOTA, TWIN CITY CAMPUS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	true	SignificantChange
Expense	14984	Expense
Grants	14984	Grants
Description	TO GRANT SCHOLARSHIPS TO STUDENTS WHO ARE MEMBERS OF ALPHA GAMMA RHO TO ASSIST THEM IN ACHIEVING THEIR EDUCATIONAL GOALS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	7075	Expense
Revenue	5228	Revenue
Description	FOUNDERS DAY - AN ANNUAL EVENT WHERE CURRENT ACTIVE MEMBERS MEET ALUMNI.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	5539	Expense
Description	LINE 22 SCHOLARSHIP ASSISTANCE(APPROX 35 STUDENTS)	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	5539	TotalOfOtherProgramServiceExp
Total Program Service Expense	27598	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	true	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	true	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MN	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KEITH WOLF	NamePerson
Telephone Number	6128124491	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	4600 WOODDALE AVE	AddressLine1
City	EDINA	City
State	MN	State
ZIP Code	55424	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
WILLIAM MANWARREN
DIRECTOR	X	0	0	0
STUART IMMER
DIRECTOR	X	0	0	0
MARK VAUPEL
PRESIDENT	X	0	0	0	X
ELDEN LAMPRECHT
SECRETARY	X	0	0	0	X
KEITH WOLF
TREASURER	X	0	0	0	X
JOHN PRIEBE
ASST TREASUR	X	0	0	0	X
ANDREW CLAUSEN
DIRECTOR	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	427805	AllOtherContributions
Noncash Contributions	10224	NoncashContributions
Total Contributions	427805	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	FOUNDERS DAY	Description
Total Revenue Column	5228	TotalRevenueColumn
Related Or Exempt Function Income	5228	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	5228	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	21106	TotalRevenueColumn
Exclusion	$21,106	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	123232	Securities
Other	440000	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	116601	Securities
Other	224013	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	6631	Securities
Other	215987	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	222618	TotalRevenueColumn
Exclusion	$222,618	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	676757	TotalRevenueColumn
Related Or Exempt Function Income	5228	RelatedOrExemptFunctionIncome
Exclusion	$243,724	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	240700	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	14984	Total
Program Services	14984	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	10692	Total
Management And General	10692	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	3880	Total
Management And General	3880	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	106928	Total
Fundraising	106928	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
FOUNDERS DAY	7075	7075
POSTAGE & PRINTING	5309	5309
MISCELLANEOUS	230	230

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	389798	Total
Program Services	27598	ProgramServices
Management And General	14572	ManagementAndGeneral
Fundraising	106928	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	10396	BOY
EOY	8023	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	193232	EOY

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	208045	BOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	704901	BOY
EOY	970200	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	923342	BOY
EOY	1171455	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	9581	BOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	9581	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	913761	BOY
EOY	1171455	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	913761	BOY
EOY	1171455	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	923342	BOY
EOY	1171455	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	286959	ReconcilationRevenueExpenses
Reconcilation Other Changes	-29265	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	false	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	16810	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	16580	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	19920	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	9710	CurrentTaxYearMinus1Year
Current Tax Year	427805	CurrentTaxYear
Total	490825	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	16810	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	16580	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	19920	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	9710	CurrentTaxYearMinus1Year
Current Tax Year	427805	CurrentTaxYear
Total	490825	Total

Field	Value	IRS element (for citing)
Public Support Total170	490825	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	18794	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	19525	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	17336	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	16118	CurrentTaxYearMinus1Year
Current Tax Year	21107	CurrentTaxYear
Total	92880	Total

Field	Value	IRS element (for citing)
Total Support	583705	TotalSupport
Gross Receipts From Admissions Etc	381531	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.84090	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.40100	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Field	Value	IRS element (for citing)
Name Of Individual	PENNINGTON CO INC	NameOfIndividual

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	501 GATEWAY DRIVE SUITE A	AddressLine1
Address Line2	501 GATEWAY DRIVE SUITE A	AddressLine2
City	LAWERENCE	City
State	KS	State
ZIP Code	66049	ZIPCode

Field	Value	IRS element (for citing)
Activity	FUNDRAISIN	Activity
Fundraiser Control Of Funds	false	FundraiserControlOfFunds
Gross Receipts	422550	GrossReceipts
Amount Retained By Contractor	106928	AmountRetainedByContractor
Net To Organization	315622	NetToOrganization

Field	Value	IRS element (for citing)
Total Gross Receipts	422550	TotalGrossReceipts
Total Retained By Contractors	106928	TotalRetainedByContractors
Total Net To Organization	315622	TotalNetToOrganization
Licensed States	MN	LicensedStates

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
LAMBDA ALUMNI CORPORATION
PO BOX 8221	ST PAUL	MN	55108	274414316	501	198000	PURCHASE OF PROPERTY
LAMBDA ALUMNI CORPORATION
PO BOX 8221	ST PAUL	MN	55108	274414316	501	42700	BUILDING OPERATIONS

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS	TypeOfGrant
Number Of Recipients	35	NumberOfRecipients
Amount Of Cash Grant	14984	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES	Identifier
Return Reference	SCHEDULE I, PAGE 1, PART I, LINE 2	ReturnReference
Explanation	MONITORING GRANTS TO LAMBDA ALUMNI CORPORATION ARE ACCOMPLISHED BY HAVING THE ENTITY SUBMIT THEIR FINANCIALS, INCLUDING THE GENERAL LEDGER, TO ALPHA GAMMA RHO-LAMBDA CHAPTER FOUNDATION'S TREASURER.	Explanation

Schedule N IRS990ScheduleN

Disposition Table DispositionTable

Field	Value	IRS element (for citing)
Description Of Asset	BUILDING & EQUIPMENT	DescriptionOfAsset
Date Of Distribution	2011-01-01	DateOfDistribution
FMV Of Asset	440000	FMVOfAsset
Method Of FMV Determination	APPRAISAL	MethodOfFMVDetermination
EIN	274414316	EIN
Name Person	LAMBDA ALUMNI CORPORATION	NamePerson

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 8221	AddressLine1
City	ST PAUL	City
State	MN	State
ZIP Code	55108	ZIPCode

Field	Value	IRS element (for citing)
IRC Section	501(C)(7)	IRCSection

Field	Value	IRS element (for citing)
Director Of Successor2	true	DirectorOfSuccessor2
Employee Of Successor2	false	EmployeeOfSuccessor2
Owner Of Successor2	false	OwnerOfSuccessor2
Receive Compensation2	false	ReceiveCompensation2

Form990 Schedule N Part III Form990ScheduleNPartIII

Field	Value	IRS element (for citing)
Identifier	DETAIL	Identifier
Return Reference	SCHEDULE N PART II PAGE 2 LINE 2E	ReturnReference
Explanation	COMMON DIRECTORS OFFICERS WILLIAM MANWARREN KEITH WOLF STUART IMMER	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ANY SIGNIFICANT CHANGES IN CONDUCT FOR PROGRAM SERVICES	FORM 990, PAGE 2, PART III, LINE 3	PROGRAM SERVICES NO LONGER INCLUDE PROVIDING EDUCATIONAL FACILITIES. THE FACILITIES WERE SOLD AT FAIR MARKET VALUE AT THE BEGINNING OF THE YEAR.
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	LINE 22 SCHOLARSHIP ASSISTANCE(APPROX 35 STUDENTS)
CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PAGE 6, PART VI, LINE 6	THE ORGANIZATION HAS VOTING MEMBERS WITH THE POWER TO ELECT ALL OF THE MEMBERS OF THE GOVERNING BODY. CERTAIN GOVERANCE DECISIONS ARE RESERVED TO THE VOTING MEMBERS OF THE GOVERNING BODY, INCLUDING THE RIGHT TO AMEND THE ARTICLES OF INCORPORTATION, THE RIGHT TO APPROVE A MERGER, CONSOLIDATION OR TRNSFER OF ALL ASSETS OF THE CORPORTION AND THE RIGHT TO DISSOLVE THE CORPORATION.
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	SEE ANSWER TO NUMBER 6, ABOVE.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	SEE ANSWER TO NUMBER 6, ABOVE.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	ALL BROAD MEMBERS REVIEW RETURN BEFORE FILNG WITH INTERNAL REVENUE SERVICE.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ARTICLES OF INCORPORATION ARE AVAILABLE, UPON REQUEST.
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 5	OTHER CHANGES IN NET FUND BALANCES RESULTED FROM UNREALIZED LOSSES IN SECURITY INVESTMENTS.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	LAMBDA ALUMNI CORPORATION	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 8221	AddressLine1
City	ST PAUL	City
State	MN	State
ZIP Code	55108	ZIPCode

Field	Value	IRS element (for citing)
EIN	274414316	EIN
Primary Activities	HOUSING	PrimaryActivities
Legal Domicile State	MN	LegalDomicileState
Exempt Code Section	501(C)	ExemptCodeSection
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Controlled Org	false	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	true	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	true	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
LAMBDA ALUMNI CORPORATION
F	440000	APPRAISAL
LAMBDA ALUMNI CORPORATION
B	240700	CASH
LAMBDA ALUMNI CORPORATION
D	202813	CASH
LAMBDA ALUMNI CORPORATION
Q	9581	LIABILITY BALANCE

ALPHA GAMMA RHO LAMBDA CHAPTER EDUCATIONAL FOUNDATION: Form 990, tax year 2011

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

Activity2 Activity2

Activity Other ActivityOther

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

Program Service Revenue ProgramServiceRevenue

Investment Income InvestmentIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Gain Or Loss GainOrLoss

Net Gain Or Loss Investments NetGainOrLossInvestments

Total Revenue TotalRevenue

Grants To Domestic Orgs GrantsToDomesticOrgs

Grants To Domestic Individuals GrantsToDomesticIndividuals

Fees For Services Legal FeesForServicesLegal

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Other Expenses OtherExpenses (3 entries)

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Total Assets TotalAssets

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Total170 Total170

Gross Investment Income170 GrossInvestmentIncome170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule G IRS990ScheduleG

Fundraiser Activity Information FundraiserActivityInformation

Address US AddressUS

Schedule I IRS990ScheduleI

Recipient Table RecipientTable (2 entries)

Form990 Schedule I Part III Form990ScheduleIPartIII

Form990 Schedule I Part IV Form990ScheduleIPartIV

Schedule N IRS990ScheduleN

Disposition Table DispositionTable

Address US AddressUS

Form990 Schedule N Part III Form990ScheduleNPartIII

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Address US AddressUS

Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)

Comments