2024-05-13T07:23:10-05:00 2023-06-30 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2022-07-01 214014559 THE FOUNDATION CHAPTER OF THETA CHI FRATERNITY INC FOUN 3178241881 865 W CARMEL DRIVE CARMEL IN 46032 JAMES POWELL ASSOCIATE EXECUTIVE DIRECTOR 3178241881 2024-05-13 1 JAMES POWELL 999009999 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMES POWELL 865 W CARMEL DRIVE CARMEL IN 46032 2120938 0 X WWW.THETACHI.ORG X 1953 IN TO SUPPORT EDUCATION AND CHARITY BY PROVIDING STUDY, SUPPORT, SCHOLARSHIPS, GRANTS AND OTHER INCENTIVES TO STUDENTS BY ASSISTING IN THE EFFICIENT USE OF EDUCATIONAL RESOURCES. 8 8 0 35 0 0 952937 842501 0 0 643740 498671 209 152 1596886 1341324 562972 863986 0 0 0 0 0 0 342882 681799 900711 1244771 1764697 352115 -423373 15829738 16469938 469040 408931 15360698 16061007 TO SUPPORT EDUCATION AND CHARITY BY PROVIDING STUDY, SUPPORT, SCHOLARSHIPS, GRANTS AND OTHER INCENTIVES TO STUDENTS BY ASSISTING IN THE EFFICIENT USE OF EDUCATIONAL RESOURCES. 0 0 863986 863986 PROVIDES EDUCATIONAL SCHOLARSHIPS TO INDIVIDUAL MEMBERS OF THE ORGANIZATION FOR ADVANCEMENT OF THEIR EDUCATIONAL COLLEGE DEGREES AND GRADUATE DEGREES. GRANTS ARE PROVIDED TO THE GENERAL FRATERNITY FOR FINANCIAL SUPPORT OF EDUCATIONAL PROGRAMMING AT LEADERSHIP CONFERENCES AND GENERAL EDUCATIONAL PROGRAMS AND SERVICES. 161301 PUBLICATION OF THE RATTLE, THETA CHI FRATERNITY'S OFFICAL MAGAZINE. IT IS PUBLISHED TWO TIMES PER YEAR- ONCE IN THE SUMMER AND ONCE IN THE WINTER. IT CONTAINS A VARIETY OF STORIES PERTAINING TO ALUMNI AND UNDERGRADUATE NEWS, UPDATES FROM THE HEADQUARTERS, AND OTHER TOPICS OF INTEREST. 95968 OTHER PROGRAM SERVICES ARE PROVIDED TO INCREASE THE FOUNDATION ENDOWMENT THROUGH TAX DEDUCTIBLE DONATIONS IN AN EFFORT TO PROVIDE ADDITIONAL EDUCATIONAL SCHOLARSHIPS AND GRANTS FOR ITS UNDERGRADUATE AND GRADUATE STUDENTS. THESE SERVICES INCLUDE MAIL SOLICITATIONS, PLANNED GIVING PROGRAM, AND OTHER GIVING PROGRAMS. 1121255 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 IN X JAMES POWELL 3178241881 865 W CARMEL DRIVE CARMEL IN 46033 X VANCE MAULTSBY PRESIDENT 10.00 X X 0 0 0 STEVEN MUDDER VICE PRESIDENT 5.00 X X 0 0 0 PAUL NORSTREM SECRETARY 5.00 X X 0 0 0 ERIC JAYAWEERA TREASURER 5.00 X X 0 0 0 DENNIS CARDOZA DIRECTOR 2.00 X 0 0 0 M WALT DAVIS DIRECTOR 2.00 X 0 0 0 RICHARD ELDER DIRECTOR 2.00 X 0 0 0 BOB SASSER DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 THETA CHI FRATERNITY INC 865 W CARMEL DRIVE CARMEL IN 46033 MANAGEMENT SERVICES 434213 1 842501 842501 513245 513245 765040 779614 -14574 -14574 -14574 OTHER INCOME 900099 152 152 152 1341324 0 0 498823 191250 191250 672736 672736 434213 79481 118074 236658 15078 15078 41040 41040 13483 8188 5295 29597 16743 12854 30000 30000 71384 71384 58418 58418 2859 2859 THE RATTLE PUBLICATION 161301 161301 ALUMNI PROGRAMMING 16487 16487 FUNDRAISING EXPENSES 14277 14277 CREDIT CARDS & BANK FEE 10160 10160 2414 2414 1764697 1121255 300560 342882 1359341 1106474 10313 267 9493 11911 8140714 8594438 6309877 6756848 15829738 16469938 10175 17160 458865 391771 469040 408931 X 3237640 3341557 12123058 12719450 15360698 16061007 15829738 16469938 X -423373 676710 446972 X X 0 1 X 1 0 X 1427844 816275 1010383 952937 842501 5049940 1427844 816275 1010383 952937 842501 5049940 1982595 3067345 457394 425946 418859 492418 513245 2307862 266 245 206 209 152 1078 7358880 0.41680 0.41550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7846729 47830 528183 206180 8216562 8718576 112474 -778888 205433 7846729 7334583 161415 1373133 150555 8718576 7097356 204150 33077 7334583 6147453 769172 180731 7097356 0.29878 0.70122 1 0 0 KRANNERT PERPETUAL TRUST 598598 CHARITABLE REMAINDER TRUST 11121 S&J BLUE PERPETUAL TRUST 5873432 POWELL TRUST 273697 6756848 SCHOLARSHIPS PAYABLE 343356 DUE TO THETA CHI FRATERNITY 22312 CHARITABLE REMAINDER TRUSTS 1103 DEFERRED CONTRIBUTION 25000 391771 X 2423966 676710 446972 1123682 1300284 41040 41040 1341324 1723657 0 1723657 41040 41040 1764697 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF BOTH DONOR RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS AN ENDOWMENT. THE ENDOWED FUNDS HAVE BEEN ESTABLISHED TO SUPPORT SCHOLARSHIPS, GRANTS AND GENERAL OPERATIONS. PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NOT FOR PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. 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 JUNE 30, 2023 AND 2022, 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. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FOUNDATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND A SIMILAR STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIALS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUSTS 447,720. CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS -748. 1 THETA CHI FRATERNITY 865 W CARMEL DRIVE CARMEL IN 46032 210577978 501(C)(7) 191250 0 EDUCATIONAL AND LEADERSHIP ACTIVITIES 0 1 SCHOLARSHIPS 249 672736 FORM 990: SCHEDULE I: PART II THE RECEIVING ENTITY IS REQUIRED TO SUBMIT IN WRITING A DETAILED REPORT TO THE FOUNDATION OF THE USE OF ALL GRANT MONIES ON AN ANNUAL BASIS. THIS REPORT IS KEPT WITH THE 990 RETURN. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION PAYS A MANAGEMENT FEE TO THETA CHI FRATERNITY, INC. FOR ADMINSTATIVE SERVICES. FOUNDATION MANAGEMENT IS EMPLOYED BY THE FRATERNITY AND SALARIES ARE INCLUDED IN THE SERVICE AGREEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE ASSOCIATE EXECUTIVE DIRECTOR BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A CONFLICT OF INTEREST WRITTEN POLICY AND ALL BOARD MEMBERS AND VOLUNTEERS ARE REQUIRED TO READ, SIGN, AND SUBMIT COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE HEADQUARTERS FOR REVIEW ANYTIME DURING REGULAR BUSINESS HOURS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUSTS 447,719. CHANGE IN VALUE OF CHARITABLE REMAI -747. FORM 990, PART XII, LINE 2C THE FOUNDATION CHAPTER OF THETA CHI FRATERNITY'S BOARD OF DIRECTORS ARE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND FOR THE SELECTION OF THE INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.