Sigma Nu Educational Foundation INC

Tax-deductible

Lexington, VA501(c)(3)Since 1946EducationEIN 54-6035735

This page gets seen. Tell your story. Claim this org.

The Sigma Nu Educational Foundation secures and provides enduring resources to support the Educational and charitable initiatives of Sigma Nu fraternity.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 60 volunteers.
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
4 of 4
filings with a surplus
Average surplus $1.8M a year · 40% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 14.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $55K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
5% of total assets
Looks good: liabilities are 5% 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
$7.6M
-8% vs prior year
Spent
$4.6M
To programs
72%
Net assets
$26.7M
By yearFY2021–FY2024
Revenue
$7.6M
FY2024▼ -8%
Revenue by fiscal year
FY2021$2.3M
FY2022$3.3M
FY2023$4.7M
FY2024$8.3M
FY2024$7.6M
Expenses
$4.6M
FY2024▲ +27%
Expenses by fiscal year
FY2021$1.9M
FY2022$2.6M
FY2023$3.0M
FY2024$3.6M
FY2024$4.6M
Net assets
$26.7M
FY2024▲ +14%
Net assets by fiscal year
FY2021$16.3M
FY2022$15.8M
FY2023$18.1M
FY2024$23.5M
FY2024$26.7M

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

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1951.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $3.3M Management & general 17% · $780K Fundraising 11% · $505K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Chariman-Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
At-Larger Member
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Regent (ex-Officio)
$0Pt VII · Sec A
See Sigma Nu Educational Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Provides resources for educational and charitable initiatives.

Provided by the organization

This section is blank until Sigma Nu Educational Foundation INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $3.3M of program spending, described in the organization's own filed words · FY2024.
01

Grants and educational assistance to chapters and housing entities:provides grants to support the educational programs of individual chapters and housing entities of sigma nu, fraternity, inc.

$2.6Mprogram expense
02

Provides for the care and maintenance of the sigma nu headquarters shrine located in lexington, virginia.

$587Kprogram expense
03

Scholarships and Educational Assistance to Collegiate Members

Supports the educational pursuits of individual members of sigma nu fraternity, inc. Through scholarships, fellowships, and other financial assistance for the obtainment of educational and leadership activities.

$90Kprogram expense

Run this program? Claim this org to tell your story

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
Total grants receivedfrom 2 funders$55K
Grants paid · 33 grants · $6.9M · 2020–2024
See all 33 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$7.6M
Ln 12
Gifts and grantsLn 1h$6.2M
Investment incomeLn 3$1.1M
Fees for servicesLn 2g$325K
Money outPt IX
$4.6M
Ln 25
Programscol B$3.3M
Managementcol C$780K
Fundraisingcol D$505K
Owns and owesPt X
$26.7M
net assets · Ln 32
Cash and savingsLn 1–2$5.5M
Total assetsLn 16$28.0M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.2M
Noncash giftsLn 1g$211K
Fees for servicesLn 2g$325K
Investment incomeLn 3$1.1M
Other incomeLn 4–11$11K
Gains on assetsLn 7$512K
Total revenueLn 12$7.6M
Assets in detailPt X, end of year
CashLn 1$5.5M
Cash and savings togetherLn 1–2$5.5M
InvestmentsLn 11–13$13.0M
Land, buildings, equipmentLn 10c$4.9M
Other assetsLn 15$317K
Total assetsLn 16$28.0M
LiabilitiesLn 26$1.4M
Net assetsLn 32$26.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 660
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$6.3M$5.5M
InvestmentsLn 11–13$10.1M$13.0M
Land, buildings, equipmentLn 10c$5.1M$4.9M
Total assetsLn 16$25.8M$28.0M
LiabilitiesLn 26$2.3M$1.4M
Net assetsLn 32$23.5M$26.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.6M$2.6M
Grants to domestic individualsLn 2$71K$71K
Other salaries and wagesLn 7$654K$127K$246K$281K
Pension plan contributionsLn 8$31K$6K$12K$13K
Other employee benefitsLn 9$30K$7K$12K$12K
Payroll taxesLn 10$45K$10K$17K$19K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$25K$25K
Investment management feesLn 11f$104K$104K
Other fees for servicesLn 11g$109K$20K$49K$41K
Office expensesLn 13$39K$4K$35K
OccupancyLn 16$88K$88K$25
TravelLn 17$96K$197$48K$48K
InterestLn 20$46K$46K
Depreciation, depletion and amortizationLn 22$236K$236K
InsuranceLn 23$51K$43K$8K
Other expenses (24a–d)Ln 24$325K$59K$221K$45K
All other expensesLn 24e$27K$3K$12K$12K
Total functional expensesLn 25$4.6M$3.3M$780K$505K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $8.3M$3.6M$4.6M$23.5M 990 PDF
FY2023 $4.7M$3.0M$1.7M$18.1M 990 PDF
FY2022 $3.3M$2.6M$678K$15.8M 990 PDF
FY2021 $2.3M$1.9M$368K$16.3M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $7,557,359 across 8 lines filed
VIII-1f All other contributions, gifts and grants$6,156,103
VIII-1g Noncash contributions (included above)$210,783
VIII-1h Total contributions, gifts and grants$6,156,103
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $325,220$325,220
VIII-3 Investment incomeExcluded from tax $553,393$553,393
VIII-7 Net gain or loss on sales of assetsRelated to mission $511,950$511,950
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,693$10,693
VIII-12 Total revenueRelated to mission $847,863 · Unrelated business $0 · Excluded from tax $553,393$7,557,359
Part IX · Statement of functional expenses $4,600,236 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $2,599,614$2,599,614
IX-2 Grants to domestic individualsPrograms $70,725$70,725
IX-7 Other salaries and wagesPrograms $126,505 · Management $246,444 · Fundraising $281,030$653,979
IX-8 Pension plan contributionsPrograms $6,236 · Management $11,849 · Fundraising $12,933$31,018
IX-9 Other employee benefitsPrograms $6,670 · Management $11,634 · Fundraising $11,501$29,805
IX-10 Payroll taxesPrograms $9,576 · Management $16,584 · Fundraising $18,965$45,125
IX-11b Legal feesManagement $23,117$23,117
IX-11c Accounting feesManagement $24,800$24,800
IX-11f Investment management feesManagement $104,255$104,255
IX-11g Other fees for servicesPrograms $20,148 · Management $48,658 · Fundraising $40,566$109,372
IX-13 Office expensesManagement $3,631 · Fundraising $35,243$38,874
IX-16 OccupancyPrograms $88,072 · Management $25$88,097
IX-17 TravelPrograms $197 · Management $47,770 · Fundraising $48,429$96,396
IX-20 InterestPrograms $45,625$45,625
IX-22 Depreciation, depletion and amortizationPrograms $236,313$236,313
IX-23 InsurancePrograms $42,548 · Management $8,145$50,693
IX-24 Other expenses (24a–d)Programs $59,036 · Management $221,322 · Fundraising $44,817$325,175
IX-24e All other expensesPrograms $3,477 · Management $11,984 · Fundraising $11,792$27,253
IX-25 Total functional expensesPrograms $3,314,742 · Management $780,218 · Fundraising $505,276$4,600,236
Part X · Balance sheet $28,005,288 assets, 18 lines filed
Asset lines not itemized here account for $1,419,764; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $6,278,892$5,484,016
X-3 Pledges and grants receivableStart of year $2,454,171$2,793,174
X-4 Accounts receivableStart of year $16,595$23,991
X-8 Inventories for sale or useStart of year $20,310$24,761
X-9 Prepaid expenses and deferred chargesStart of year $54,976$51,005
X-10c Land, buildings and equipment, netStart of year $5,087,312$4,865,816
X-12 Other securitiesStart of year $10,068,585$13,025,745
X-15 Other assetsStart of year $308,917$317,016
X-16 Total assetsStart of year $25,767,337$28,005,288
X-17 Accounts payable and accrued expensesStart of year $120,263$135,356
X-18 Grants payableStart of year $1,106,724$60,370
X-19 Deferred revenueStart of year $1,000$1,000
X-25 Other liabilitiesStart of year $75,938$157,708
X-26 Total liabilitiesStart of year $2,303,925$1,354,434
X-27 Net assets without donor restrictionsStart of year $6,431,476$6,952,026
X-28 Net assets with donor restrictionsStart of year $17,031,936$19,698,828
X-32 Total net assets or fund balancesStart of year $23,463,412$26,650,854
X-33 Total liabilities and net assetsStart of year $25,767,337$28,005,288
Part XI · Reconciliation of net assets $26,650,854 net assets at year end
XI-1 Total revenue$7,557,359
XI-2 Total expenses$4,600,236
XI-3 Revenue less expenses$2,957,123
XI-4 Net assets at start of year$23,463,412
XI-5 Net unrealized gains (losses) on investments$219,414
XI-9 Other changes in net assets$10,905
XI-10 Net assets at end of year$26,650,854

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.