2023-05-15T09:45:53-05:00 2022-06-30 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2021-07-01 586035103 CHI PHI EDUCATIONAL TRUST CHIP 4042311824 885 WOODSTOCK RD SUITE 430 PMB 389 ROSWELL GA 30075 ROBERT RAMIN CHAIRMAN 4042311824 2023-05-14 1 ROBERT RAMIN 999009999 TIFFANY T ORR CPA P01559485 7703948000 2023-05-14 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X ROBERT RAMIN 885 WOODSTOCK RD SUITE 430 PMB 389 SUWANEE GA 30024 4127665 0 X WWW.CHIPHI.ORG X 1930 GA TO BUILD BETTER MEN AND CHANGE LIVES BY PROMOTING SCHOLARSHIP, DEVELOPING CHARACTER, IMPROVING EDUCATIONAL FACILITIES AND SUPPORTING CHARITABLE CAUSES. 10 10 3 48 0 0 403157 490621 0 0 155410 55492 -1569 37537 556998 583650 533713 449928 0 0 141473 136035 4679 0 72424 219595 282973 899460 868936 -342462 -285286 5395121 4382134 40879 24338 5354242 4357796 X TO BUILD BETTER MEN AND CHANGE LIVES BY PROMOTING SCHOLARSHIP, DEVELOPING CHARACTER, IMPROVING EDUCATIONAL FACILITIES AND SUPPORTING CHARITABLE CAUSES. 0 0 504442 316641 THE CHI PHI EDUCATIONAL TRUST MAINTAINS FUNDS THAT ARE RESTRICTED TO SUPPORT INDIVIDUALS FROM A PARTICULAR CHI PHI CHAPTER OR WHO MEET DONOR-DESIGNATED CRITERIA. THESE FUNDS PROVIDED 73 SCHOLARSHIPS TO SUPPORT HIGHER EDUCATION IN NORTH AMERICA. IN ADDITION, THESE FUNDS PROVIDED OVER 3,000 SQUARE FEET IN EDUCATIONAL HOUSING SPACE AND PROVIDED EDUCATIONAL PROGRAMMING FOR UNDERGRADUATE STUDENTS. 70087 70087 THE CHI PHI EDUCATIONAL TRUST HELPED BUILD BETTER MEN AND POSITION STUDENTS FOR SUCCESS BY PROVIDING 42 ACADEMIC SCHOLARSHIPS. THESE SCHOLARSHIPS ARE AVAILABLE TO OVER 2,000 STUDENTS. THE TRUST ALSO PROVIDED EMERGENCY GRANTS TO 1 INDIVIDUAL BASED ON NEED. 63200 63200 THE CHI PHI EDUCATIONAL TRUST HELPED BUILD BETTER MEN AND CHANGE LIVES BY SUPPORTING EDUCATIONAL PROGRAMS AND LEADERSHIP TRAINING TO UNDERGRADUATE STUDENTS AND CHAPTERS. THE TRUST AWARDED EDUCATIONAL GRANTS TO TRAIN 47 CHAPTER PRESIDENTS AND 46 NEW MEMBER EDUCATORS AT THE CHI PHI ALPHAS & THETAS ACADEMY, AND 360 STUDENTS AND OFFICERS AT REGIONAL PROGRAMS. THE CHI PHI EDUCATIONAL TRUST PUBLISHES SEVERAL EDUCATIONAL PUBLICATIONS ON AN ANNUAL BASIS; A TRAINING GUIDE TO 500 NEW STUDENTS, AN INSTRUCTOR'S MANUAL FOR EDUCATORS AND FACILITATORS AND PORTION OF THE CHAKETT MAGAZINE WHICH IS DISTRIBUTED TWICE PER YEAR TO MORE THAN 25,000 PEOPLE FOR INFORMATIONAL AND INSTRUCTIONAL PURPOSES. 637729 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 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 1 0 1 2 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X X JAN WHITTEN 4042311824 885 WOODSTOCK RD SUITE 430 PMB 389 ROSWELL GA 30075 ROBERT A RAMIN CHAIRMAN 10.00 X X 0 0 0 RICARDO G PEREZ VICE-CHAIRMAN 5.00 X X 0 0 0 MARIO LOUIS LENTO SECRETARY 5.00 X X 0 0 0 JOHN E HUTZLER TREASURER 5.00 X X 0 0 0 JONATHAN C STERLING TRUSTEE 1.00 X 0 0 0 DAVID L SKELTON TRUSTEE 1.00 X 0 0 0 DAN WHERRY AHEARN TRUSTEE 1.00 X 0 0 0 HAYES MICHAEL DEVER TRUSTEE 1.00 X 0 0 0 CHRIS JAMES SHULER TRUSTEE 1.00 X 0 0 0 FRANCIS J NOLAN TRUSTEE 1.00 X 0 0 0 JOHN P CHRISTIAN LEGAL COUNSEL 1.00 X 0 0 0 LAURA LANDRY EXECUTIVE DIRECTOR 40.00 X 85800 0 4800 ERIN ANDERSEN DIRECTOR OF STEWARDSHIP 40.00 X 32856 0 0 MACKENZIE TURNER DIRECTOR OF STEWARDSHIP 40.00 X 13312 0 528 131968 0 5328 0 0 0 0 0 3803 486818 490621 114611 114611 63627 26090 37537 37537 37537 3454991 3514110 -59119 -59119 -59119 3815 3803 3815 0 583650 0 0 93029 240560 240560 209368 209368 116920 47466 26154 43300 9365 3802 2095 3468 9750 3958 2181 3611 2616 2616 44491 44491 34787 34787 3145 3145 7327 3597 3730 25879 19409 6470 4300 3225 1075 46907 46907 51597 38698 12899 6453 4840 1613 OTHER EXPENSE 35975 17660 18315 CHAKETT COST 19496 19496 868936 637729 158783 72424 43624 114041 75699 51359 1366983 661861 712966 705122 4451586 3396278 111246 115334 5395121 4382134 16786 3432 24093 20906 40879 24338 X 178656 -123336 5175586 4481132 5354242 4357796 5395121 4382134 -285286 -711160 0 X X 1 X 0 1 0 X 624707 665076 472404 403157 490621 2655965 624707 665076 472404 403157 490621 2655965 563632 2092333 80982 102136 174136 175366 178238 710858 287 287 3367110 0.62140 0.69200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100 249534 192847 3983054 1 1 1509551 126183 -181466 69186 26040 1359043 1241871 63230 274266 41909 5554 22353 1509551 1154564 109126 11389 33208 1241871 1084394 245757 31242 206829 1154564 996484 167041 81273 160404 1084394 0.62180 0.37820 0.00000 0 0 63900 63900 999466 499845 499621 182337 73414 108923 121280 88602 32678 705122 DUE TO FRATERNITY 20906 20906 X -136207 -711160 26090 -685070 548863 34787 34787 583650 860239 26090 26090 834149 34787 34787 868936 PART V, LINE 4: THE TRUST'S ENDOWMENT CONSISTS OF APPROXIMATELY 17 DONOR-RESTRICTED INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, CHI PHI EDUCATIONAL TRUST IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THE TRUST UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30 2022 AND 2021, THE TRUST HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 26,090. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 34,787. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 26,090. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 34,787. 1 CHI PHI FRATERNITY INC 1160 SATELLITE BLVD SUWANEE GA 30024 580191430 501(C)(7) 240560 0 FMV TRUST ADMINISTRATIVE SUPPORT AND EDUCATIONAL PURPOSES 1 SCHOLARSHIPS 115 199126 PROGRAM, EMERGENCY, HOUSING AND OTHER GRANT 4 10242 PART I, LINE 2: THE CHI PHI FRATERNITY IS A RELATED PARTY. THE BOARD OF TRUSTEES RECEIVE FINANCIAL REPORTS FROM THE CHI PHI FRATERNITY PERIODICALLY AND USE THEM AS A MEANS TO MONITOR THE USE OF GRANT FUNDS GIVEN TO THE FRATERNITY. SCHOLARSHIPS ARE AWARDED TO INDIVIDUALS BASED ON COMPLIANCE WITH CRITERIA AND REVIEW OF THE APPLICATIONS. SCHOLARSHIP APPLICATIONS ARE REVIEWED BY THE SCHOLARSHIP COMMITTEE WHO MAKES RECOMMENDATIONS, ALL SCHOLARSHIPS ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B AFTER A DRAFT VERSION OF THE FORM 990 HAS BEEN PREPARED, THE DRAFT IS SENT TO THE BOARD OF TRUSTEES. SUBSEQUENT TO THE DISTRIBUTION OF THE DRAFT FORM 990, TRUSTEES DISCUSS ANY ISSUES OR CONCERNS THEY MAY HAVE WITH THE DRAFT FORM 990. ONCE APPROVED, THE PREPARER IS THEN NOTIFIED AND AUTHORIZED TO PREPARE THE FINAL VERSION OF THE FORM 990. THE FINAL FORM 990 IS SIGNED BY AN OFFICER AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES MUST COMPLETE THE CONFLICT OF INTEREST FORM ANNUALLY ACKNOWLEDGING THAT NO CONFLICTS OF INTEREST EXIST. THE TRUST ACTS APPROPRIATELY WHEN A CONFLICT IS IDENTIFIED BY ANY TRUSTEE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS IS CONSIDERED. THE FINANCE COMMITTEE (CHAIRMAN/VICE CHAIR/TREASURER) APPROVES COMPENSATION FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THIS INFORMATION IS MADE AVAILABLE UPON REQUEST AND ON THE TRUST'S WEBSITE. 990 AS OF THE DUE DATE OF THE ORGANIZATION'S FORM 990, THE ORGANIZATION'S FINANCIAL STATEMENTS HAD NOT YET BEEN FINALIZED. THEREFORE, THE FORM 990 IS BEING FILED WITH PRELIMINARY INFORMATION. ONCE THE FINAL INFORMATION IS AVAILABLE, THE FORM 990 WILL BE AMENDED TO REFLECT ANY CHANGES. CHI PHI FRATERNITY 885 WOODSTOCK ROAD SUITE 430 PMB 38 ROSWELL GA 30075 580191430 FRATERNAL ORGANIZATION GA 501(C)(7) 0 0 1 0 0 1 0 0 0 0 1 0 0 1 1 1 1 0 0 0 CHI PHI FRATERNITY B 240560 GRANTS CHI PHI FRATERNITY J 21016 RENTAL AGREEMENT CHI PHI FRATERNITY M 29891 ADMIN SERVICE AGREEMENT CHI PHI FRATERNITY E 20906 ADVANCE DUE TO CHI PHI FRATERNITY CHI PHI FRATERNITY N 27890 SHARE MEMBERSHIP CHI PHI FRATERNITY O 36626 SHARE EMPLOYEES CHI PHI FRATERNITY P 53054 RELATED PARTY REIMBURSEMENT