2025-07-31T09:17:03-05:00 2024-12-31 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2024-01-01 136266432 Lambda Chi Alpha Educational Foundation LAMB 3178728000 10 West Carmel Drive 220 Carmel IN 46032 Dave Bolton Controller 3178728000 2025-07-29 1 1 Paula Hume P00537516 5132418313 2025-07-29 2024 2025-03-06 01:10:19Z Dave Bolton 10 West Carmel Drive Carmel IN 46032 9678903 0 X https://lambdachifoundation.org/ X 1955 IN To invest in the ever-growing educational pursuits of Lambda Chi Alpha, enabling its transformation into the premier men's service learning and leadership development organization. 14 14 14 400 0 0 1900968 7246043 0 0 230700 796907 0 0 2131668 8042950 531692 2269533 0 0 615477 1548138 0 0 1515917 448299 775579 1595468 4593250 536200 3449700 17526533 20813654 86198 156335 17440335 20657319 To invest in the ever-growing educational pursuits of Lambda Chi Alpha, enabling its transformation into the premier men's service learning and leadership development organization. 0 0 2410120 2269533 Lambda Chi Alpha Fraternity Grant $843,099 - Grant investments for values-based programs and research - leadership training, interpersonal development, competency-based learning, and credentialing.-Scholarships and Fellowships $290,671 - Undergraduate and graduate school scholarships based on need, academic merit, and community leadership, and furthering the educational endeavors of the recipient.Chapter educational housing grants $1,135,514 - Grants for eligible educational programming, facilities, equipment, and materials for the undergraduate members 2410120 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VT VA WA WV WI WY X X Dave Bolton 3178728000 10 West Carmel Drive Ste 220 Carmel IN 46032 Robert Anderson Secretary 2.00 X X 0 0 0 Drew C Lynch Chairman 2.00 X X 0 0 0 David Franklin Director 2.00 X 0 0 0 Dr Alan M Anderson Director 2.00 X 0 0 0 Jeff A Arntson Director 2.00 X 0 0 0 Dale Baker Director 2.00 X 0 0 0 Alton R Brown III Director 2.00 X 0 0 0 Jason Seegert Director 2.00 X 0 0 0 Edward Wilkinson Director 2.00 X 0 0 0 Bo L Gebbie Vice Chairman 2.00 X X 0 0 0 Tracy J Forst Director 2.00 X 0 0 0 Harry Q H Lee II Director 2.00 X 0 0 0 Bryce A Murray Treasurer 2.00 X X 0 0 0 Mary Joy Stead Director 2.00 X 0 0 0 Dan Hartmann President & CEO 40.00 X 168402 0 42854 David Bolton Controller 40.00 X 77136 0 13128 Nicholas Bratvold Vice President 40.00 X 148264 0 19296 John Michael Stewardship Officer 40.00 X 113581 0 7815 507383 0 83093 3 0 1 0 0 13707 7232336 1894811 7246043 441580 441580 1991280 1635953 355327 355327 355327 8042950 0 0 796907 843098 843098 1426435 1426435 301521 6338 138853 156330 980538 41179 233031 706328 50955 2174 11740 37041 113857 4866 28105 80886 101267 3818 28817 68632 27223 10179 5062 11982 27466 27466 144434 64272 4500 75662 39013 13 3666 35334 99462 1508 43007 54947 24460 371 10576 13513 182268 4417 29890 147961 Overhead Charges 150000 75000 75000 Donor Stewardship 46544 706 20125 25713 Merchant Fees 28482 612 6051 21819 Other expenses 6227 134 1324 4769 4593250 2410120 667213 1515917 397298 512092 1167285 2333251 51418 121633 35085 21595 14556912 16816270 1318535 1008813 17526533 20813654 86198 156335 86198 156335 X 2907196 4135378 14533139 16521941 17440335 20657319 17526533 20813654 X 3449700 622286 -855002 X X 0 1 X 1 0 X 2465466 1755875 4053151 1900968 7246043 17421503 2465466 1755875 4053151 1900968 7246043 17421503 3220954 14200549 203478 242414 327470 226498 441580 1441440 462763 462763 19325706 185208 0.73480 0.74610 X Schedule A, Part II, Line 10, Explanation of Other Income: Refunded grant - 2022 Amount: $ 462,763. Part II, Short Year Explanation: Part II, column 2023, is a short period from July 1, 2023 to December 31, 2023 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10070105 252634 1081073 308592 291657 10803563 8570765 1162176 746713 409549 10070105 7116029 965322 672863 183449 8570765 8630210 269114 -1503342 279953 7116029 6301543 321462 2209762 202559 8630210 0.04000 0.78000 0.18000 0 0 0 X 7810234 622286 622286 7187948 855002 855002 8042950 4593250 0 4593250 0 4593250 Part V, Line 4: The endowment consists of various funds used for scholarships and grants for educational programming. Part X, Line 2: The Foundation are exempt from income taxes under Section 501 of the Internal Revenue Code and a similar state law. The Foundation is required to file Federal Form 990 Return of Organization Exempts from Income Tax, which is an information return only. The Form 990 is subject to review and examination by federal and state authorities. The Organization believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements. Part XI, Line 4b - Other Adjustments: Change in value of charitable remainder trusts 309,721. Uncollectable pledges 545,281. 1 Lambda Chi Alpha Fraternity 10 West Carmel Dr Ste 220 Carmel IN 46032 350459180 501(c)(7) 843098 0 Educational Programs 0 1 Scholarships 121 143734 Conference Sponsorship 82 147187 Chapter Educational Housing Grants 5 1135514 Part I, Line 2: Approved/Signed Fund Agreements are reviewed and the Fund or Entity Number is set-up by Time Restriction/Purpose Restriction. Once the Number is established, then the Agreement is uploaded and specifics from the Agreement is entered into the Matrix (Monday.com) for cross referencing and auditing purposes. The Fund is configured and mapped in Intacct (Financial Software). When a scholarship request is submitted and approved by the CEO, then the Foundation Accountant or another Staff Member will enter a check request into Monday.com. The Foundation Accountant will check/verify the scholarship amount against the budget/approved distribution, which should match the Donor Statement sent out for the previous year end. The distribution is in accordance with the Agreement and most are 4% of the 12 Quarter Net Asset Average. X X X X 0 0 0 0 0 0 0 0 0 Dan Hartmann President & CEO 168402 0 0 0 0 0 10104 0 32750 0 211256 0 0 0 Nicholas Bratvold Vice President 148264 0 0 0 0 0 8896 0 10400 0 167560 0 0 0 X 11 1894811 0 0 0 0 Form 990, Part VI, Section B, line 11b The Finance & Investment, Governance, and Executive Committees are given a copy of the Form 990 for review. Once it is reviewed, the return is distributed to the full board via email prior to filing. Form 990, Part VI, Section B, line 12c The Board of Directors is required to disclose any and all conflicts of interest that may have arisen over the past year at their annual meeting. Form 990, Part VI, Section B, line 15 The Board of Directors reviews the President/CEO salary and uses comparable industry data, such as other Forms 990 and salary.com to determine the appropriate amount of compensation. 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 written or verbal request. Form 990, Part XI, line 9: Change in cash surrender value of life insurance -309,721. Uncollectable pledges -545,281. Form 990, Part XII, Line 2c: There were no changes in the process during the year.