To strengthen men for life by building on the tradition of our core values: Friendship, Sound Learning, and Rectitude.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Run by 110 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.2M a year · 43% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$132K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
16 mo
of spending, in cash
Plus $33.0M in investments, Pt X · Ln 11–13
Looks good: 16.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $58K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$146K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.0M
-36% vs prior year
Spent
$3.5M
To programs
63%
Net assets
$41.6M
By yearFY2020–FY2024
Revenue
$6.0M
FY2024▼ -36%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.5M
FY2021$4.8M
FY2022$3.4M
FY2023$9.3M
FY2024$6.0M
Expenses
$3.5M
FY2024▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$2.6M
FY2022$3.3M
FY2023$3.3M
FY2024$3.5M
Net assets
$41.6M
FY2024▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$33.7M
FY2021$39.7M
FY2022$32.6M
FY2023$36.8M
FY2024$41.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1963.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $2.2M Management & general 27% · $930K Fundraising 10% · $363K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $132K paid to officers and key staff.

Part VII, Section A · reportable compensation
SR. VP of Advancement
$131,672Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stephen Bloomer——$191,227$187,786$180,078
W Andrew Cole$131,672$113,269———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Phi Delta Theta Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds men through friendship, learning, and integrity.

Questions for Phi Delta Theta Foundation

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Provided by the organization

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3 programs · $2.2M · in their own filed words · FY2024
01

Provide educational grants for programs supporting leadership development, alcohol abuse education, management and other skill improvement. These programs impact more than 12,000 college students per year.

$1.3Mprogram expense
02

Provide scholarships and fellowships to over 600 individuals to recognize outstanding scholarship, leadership, and community involvement.

$717Kprogram expense
03

Other program expenses used to provide programming, education, and support for students to enhance their individual intellectual, character, and leadership skills. This includes educational area housing grants to chapter housing corporations.

$186Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 5 funders →
Grants paid · 40 grants · $6.7M · 2020–2024
Phi Delta Theta FraternityOH · FY2024$788,112
Unitemized GrantFY2024$716,531
Texas Gamma House CorporationTX · FY2024$20,161
Sonoma State UniversityCA · FY2024$11,680
Unitemized GrantFY2023$636,331
Phi Delta Theta FraternityOH · FY2023$625,075
Walter B Palmer Foundation INCOH · FY2023$209,000
194 Spicer INCOH · FY2023$38,800
Pdt Chptr Hse Assoc of CintiOH · FY2023$34,218
Sonoma State UniversityCA · FY2023$7,800
Unitemized GrantFY2022$609,110
See all 40 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.0M
Ln 12
Gifts and grantsLn 1h$4.3M
Investment incomeLn 3$1.5M
Other incomeLn 4–11$216K
Money outPt IX
$3.5M
Ln 25
Programscol B$2.2M
Managementcol C$930K
Fundraisingcol D$363K
Owns and owesPt X
$41.6M
net assets · Ln 32
Cash and savingsLn 1–2$4.7M
Total assetsLn 16$41.7M
LiabilitiesLn 26$146K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.3M
Investment incomeLn 3$1.5M
Other incomeLn 4–11$216K
Gains on assetsLn 7$452K
Total revenueLn 12$6.0M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$4.7M
Cash and savings togetherLn 1–2$4.7M
InvestmentsLn 11–13$33.0M
Land, buildings, equipmentLn 10c$808K
Other assetsLn 15$956K
Total assetsLn 16$41.7M
LiabilitiesLn 26$146K
Net assetsLn 32$41.6M
OperationsPt I, VI
EmployeesI 511
VolunteersI 6110
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.5M$4.7M
InvestmentsLn 11–13$29.8M$33.0M
Land, buildings, equipmentLn 10c$906K$808K
Total assetsLn 16$36.9M$41.7M
LiabilitiesLn 26$132K$146K
Net assetsLn 32$36.8M$41.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.0M$1.0M
Grants to domestic individualsLn 2$717K$717K
Grants and assistance to foreign recipientsLn 3$7K$7K
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$156K$50K$100K$6K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$635K$204K$407K$24K
Pension plan contributionsLn 8$31K$10K$20K$1K
Other employee benefitsLn 9$77K$25K$50K$3K
Payroll taxesLn 10$44K$14K$28K$2K
Management feesLn 11a$0
Legal feesLn 11b$17K$5K$11K$637
Accounting feesLn 11c$19K$6K$12K$709
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$160K$160K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$10K$3K$7K$392
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$26K$8K$17K$977
RoyaltiesLn 15$0
OccupancyLn 16$32K$10K$21K$1K
TravelLn 17$134K$13K$25K$97K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$128K$41K$82K$5K
InsuranceLn 23$14K$5K$9K$533
Other expenses (24a–d)Ln 24$221K$55K$109K$57K
All other expensesLn 24e$54K$17K$33K$5K
Total functional expensesLn 25$3.5M$2.2M$930K$363K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6.0M$3.5M$2.5M$41.6M 990 PDF
FY2023 $9.3M$3.3M$6.0M$36.8M 990 PDF
FY2022 $3.4M$3.3M$132K$32.6M 990 PDF
FY2021 $4.8M$2.6M$2.2M$39.7M 990 PDF
FY2020 $2.5M$2.2M$298K$33.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $5,989,346 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,064,891$4,281,236
I-9 Program service revenue$0
I-10 Investment incomePrior year $6,061,104$1,492,503
I-11 Other revenuePrior year $210,532$215,607
I-12 Total revenuePrior year $9,336,527$5,989,346
I-13 Grants and similar amounts paidPrior year $1,680,921$1,726,886
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $854,401$943,081
I-16a Professional fundraising feesPrior year $130,338$160,088
I-17 Other expensesPrior year $651,095$657,162
I-18 Total expensesPrior year $3,316,755$3,487,217
I-19 Revenue less expensesPrior year $6,019,772$2,502,129
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,989,346 across 9 lines filed
VIII-1f All other contributions, gifts and grants$4,281,236
VIII-1h Total contributions, gifts and grants$4,281,236
VIII-3 Investment incomeExcluded from tax $1,040,252$1,040,252
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $198,451$198,451
VIII-7 Net gain or loss on sales of assetsExcluded from tax $452,251$452,251
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $17,156$17,156
VIII-12 Total revenueRelated to mission $17,156 · Excluded from tax $1,690,954$5,989,346
Part IX · Statement of functional expenses $3,487,217 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $1,003,312$1,003,312
IX-2 Grants to domestic individualsPrograms $716,531$716,531
IX-3 Grants and assistance to foreign recipientsPrograms $7,043$7,043
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $50,083 · Management $99,651 · Fundraising $5,801$155,535
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $204,473 · Management $406,838 · Fundraising $23,685$634,996
IX-8 Pension plan contributionsPrograms $10,022 · Management $19,940 · Fundraising $1,161$31,123
IX-9 Other employee benefitsPrograms $24,941 · Management $49,625 · Fundraising $2,889$77,455
IX-10 Payroll taxesPrograms $14,159 · Management $28,173 · Fundraising $1,640$43,972
IX-11a Management fees$0
IX-11b Legal feesPrograms $5,496 · Management $10,935 · Fundraising $637$17,068
IX-11c Accounting feesPrograms $6,118 · Management $12,173 · Fundraising $709$19,000
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $160,088$160,088
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,379 · Management $6,724 · Fundraising $392$10,495
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technologyPrograms $8,432 · Management $16,778 · Fundraising $977$26,187
IX-15 Royalties$0
IX-16 OccupancyPrograms $10,438 · Management $20,771 · Fundraising $1,211$32,420
IX-17 TravelPrograms $12,589 · Management $25,048 · Fundraising $96,536$134,173
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $41,118 · Management $81,813 · Fundraising $4,763$127,694
IX-23 InsurancePrograms $4,601 · Management $9,154 · Fundraising $533$14,288
IX-24 Other expenses (24a–d)Programs $54,906 · Management $109,245 · Fundraising $57,237$221,388
IX-24e All other expensesPrograms $16,685 · Management $33,197 · Fundraising $4,567$54,449
IX-25 Total functional expensesPrograms $2,194,326 · Management $930,065 · Fundraising $362,826$3,487,217
Part X · Balance sheet $41,713,678 assets, 21 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $3,472,946$4,740,274
X-3 Pledges and grants receivableStart of year $1,549,557$2,028,773
X-4 Accounts receivableStart of year $125,287$151,039
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $58,027$72,104
X-10c Land, buildings and equipment, netStart of year $906,328$807,884
X-11 Publicly traded securitiesStart of year $29,766,325$32,957,181
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,021,871$956,423
X-16 Total assetsStart of year $36,900,341$41,713,678
X-17 Accounts payable and accrued expensesStart of year $93,246$60,806
X-18 Grants payable$37,900
X-25 Other liabilitiesStart of year $39,214$47,461
X-26 Total liabilitiesStart of year $132,460$146,167
X-27 Net assets without donor restrictionsStart of year $3,880,892$4,637,397
X-28 Net assets with donor restrictionsStart of year $32,886,989$36,930,114
X-32 Total net assets or fund balancesStart of year $36,767,881$41,567,511
X-33 Total liabilities and net assetsStart of year $36,900,341$41,713,678
Part XI · Reconciliation of net assets $41,567,511 net assets at year end
XI-1 Total revenue$5,989,346
XI-2 Total expenses$3,487,217
XI-3 Revenue less expenses$2,502,129
XI-4 Net assets at start of year$36,767,881
XI-5 Net unrealized gains (losses) on investments$2,297,501
XI-10 Net assets at end of year$41,567,511

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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