Beta Theta Pi Foundation

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The purpose of the Foundation is to fund the educational mission of Beta Theta Pi fraternity.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0296934) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 17 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $1.1M a year · 16% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
79% of spending went to programs.
Pt IX · Ln 25 · col B
4.4 mo
of spending, in cash
Plus $31.6M in investments, Pt X · Ln 11–13
4.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $2K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$621K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
17
of 17 voting members
17 of 17 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$9.4M
+30% vs prior year
Spent
$6.7M
To programs
79%
Net assets
$38.6M
By yearFY2020–FY2025
Revenue
$9.4M
FY2025▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.2M
FY2021$5.0M
FY2022$6.7M
FY2023$7.4M
FY2024$7.2M
FY2025$9.4M
Expenses
$6.7M
FY2025▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.4M
FY2021$4.3M
FY2022$4.9M
FY2023$6.0M
FY2024$7.3M
FY2025$6.7M
Net assets
$38.6M
FY2025▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$26.5M
FY2021$33.4M
FY2022$32.2M
FY2023$32.6M
FY2024$34.7M
FY2025$38.6M

From the FY2025 Form 990 (year ending May 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2009.

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

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $5.3M Management & general 11% · $731K Fundraising 10% · $673K

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

Something off? Claim to add context

Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Beta Theta Pi Foundation executive salaries →

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

Funds the educational mission of Beta Theta Pi Fraternity.

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3 programs · $5.3M · in their own filed words · FY2024
01

The organization provides educational grants to organizations that further the foundation's mission, as well as provide tuition scholarships to individuals attending institutions of higher education in north america.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0296934) · Dispute this line
$2.6Mprogram expense
02

Designated educational area grants are available from restricted chapter funds and can cover the cost of construction or renovation of educational areas in the chapter house such as the library, study room, computer room, as well as educational furnishings, including computer equipment and internet access.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0296934) · Dispute this line
$2.5Mprogram expense
03

Tuition scholarships were awarded to students attending a north american college or university.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0296934) · Dispute this line
$237Kprogram 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
Total grants receivedfrom 2 funders$2K
Grants paid · 87 grants · $20.6M · 2019–2024
Beta Theta Pi Bldg Co Beta NuOH · FY2024$1,513,157
Beta Theta Pi FraternityOH · FY2024$1,443,250
Forever Alpha CompanyOH · FY2024$258,484
Unitemized GrantFY2024$210,841
Beta Theta Pi Housing CorporationFY2024$84,252
Tau Sigma Alumni AssociationFY2024$79,487
Wichita State House CorporationKS · FY2024$44,238
Unitemized GrantFY2024$26,342
Beta Theta Pi FraternityOH · FY2023$1,626,927
Beta Theta Pi Bldg Co Beta NuOH · FY2023$1,043,633
Theta Delta of Beta ThetaOH · FY2023$400,000
Forever Alpha CompanyOH · FY2023$378,056
Beta Theta Pi FraternityMA · FY2023$219,917
See all 87 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$9.4M
Ln 12
Gifts and grantsLn 1h$7.9M
Investment incomeLn 3$1.2M
Other incomeLn 4–11$315K
Money outPt IX
$6.7M
Ln 25
Programscol B$5.3M
Managementcol C$731K
Fundraisingcol D$673K
Owns and owesPt X
$38.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$39.2M
LiabilitiesLn 26$621K
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.9M
Noncash giftsLn 1g$655K
Investment incomeLn 3$1.2M
Other incomeLn 4–11$315K
Gains on assetsLn 7$36K
Total revenueLn 12$9.4M
Assets in detailPt X, end of year
SavingsLn 2$2.5M
Cash and savings togetherLn 1–2$2.5M
Pledges and grants receivableLn 3$2.5M
Accounts receivableLn 4$4K
Notes and loans receivableLn 7$750K
Prepaid expenses and deferred chargesLn 9$16K
Land, buildings, equipmentLn 10c$1.8M
InvestmentsLn 11–13$31.6M
Total assetsLn 16$39.2M
LiabilitiesLn 26$621K
Net assetsLn 32$38.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 617
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$655K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$58K
Share of the $27.0M endowmentSch D 1g0.22%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$27.0M$23.9M$21.4M$22.6M$23.4M
AddedLn 1b$1.9M$297K$177K$412K$316K
SpentLn 1d–1f$1.1M$945K$1.1M$846K$974K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$5.1M$2.5M
InvestmentsLn 11–13$25.2M$31.6M
Land, buildings, equipmentLn 10c$2.0M$1.8M
Total assetsLn 16$35.7M$39.2M
LiabilitiesLn 26$1.1M$621K
Net assetsLn 32$34.7M$38.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4.0M$4.0M
Grants to domestic individualsLn 2$237K$237K
Pay of officers and key staff (Part IX, line 5)Ln 5$236K$92K$114K$31K
Other salaries and wagesLn 7$1.1M$391K$541K$144K
Other employee benefitsLn 9$733$286$352$95
Payroll taxesLn 10$403$157$194$52
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$55K$55K
Professional fundraising feesLn 11e$36K$36K
Investment management feesLn 11f$58K$58K
Other fees for servicesLn 11g$4K$4K
Office expensesLn 13$152K$151K$995
Information technologyLn 14$144K$101K$3K$40K
OccupancyLn 16$38K$38K
TravelLn 17$67K$21K$15K$31K
Conferences, conventions and meetingsLn 19$35K$35K
Depreciation, depletion and amortizationLn 22$187K$186K$79$742
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$388K$388K
Total functional expensesLn 25$6.7M$5.3M$731K$673K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Apr 3, 2026 $9.4M$6.7M$2.7M$38.6M 990 PDF
FY2024Filed with the IRS Mar 28, 2025 $7.2M$7.3M−$60K$34.7M 990 PDF
FY2023Filed with the IRS Apr 11, 2024 $7.4M$6.0M$1.4M$32.6M 990 PDF
FY2022Filed with the IRS Apr 11, 2023 $6.7M$4.9M$1.8M$32.2M 990 PDF
FY2021Filed with the IRS Apr 13, 2022 $5.0M$4.3M$716K$33.4M 990 PDF
FY2020Filed with the IRS Mar 24, 2021 $4.2M$4.4M−$128K$26.5M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants M · Noncash O · Explanations
See the full FY2025 990
Part I · Summary $9,423,468 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,471,729$7,883,583
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,460,759$1,260,344
I-11 Other revenuePrior year $296,878$279,541
I-12 Total revenuePrior year $7,229,366$9,423,468
I-13 Grants and similar amounts paidPrior year $5,005,846$4,208,619
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,287,803$1,313,893
I-16a Professional fundraising feesPrior year $233,957$36,476
I-17 Other expensesPrior year $761,715$1,134,155
I-18 Total expensesPrior year $7,289,321$6,693,143
I-19 Revenue less expensesPrior year −$59,955$2,730,325
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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 $9,423,468 across 9 lines filed
Lines not itemized here account for −$655 of total revenue; see the IRS return.
VIII-1b Membership dues$203,557
VIII-1f All other contributions, gifts and grants$7,680,026
VIII-1g Noncash contributions (included above)$655,177
VIII-1h Total contributions, gifts and grants$7,883,583
VIII-3 Investment incomeUnrelated business $20,875 · Excluded from tax $1,203,658$1,224,533
VIII-6 Net rental income or lossExcluded from tax $278,016$278,016
VIII-7 Net gain or loss on sales of assetsExcluded from tax $35,811$35,811
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,180$2,180
VIII-12 Total revenueRelated to mission $0 · Unrelated business $20,875 · Excluded from tax $1,519,010$9,423,468
Part IX · Statement of functional expenses $6,693,143 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $3,971,436$3,971,436
IX-2 Grants to domestic individualsPrograms $237,183$237,183
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $92,222 · Management $113,503 · Fundraising $30,740$236,465
IX-7 Other salaries and wagesPrograms $391,181 · Management $540,932 · Fundraising $144,179$1,076,292
IX-9 Other employee benefitsPrograms $286 · Management $352 · Fundraising $95$733
IX-10 Payroll taxesPrograms $157 · Management $194 · Fundraising $52$403
IX-11b Legal feesPrograms $1,922$1,922
IX-11c Accounting feesPrograms $54,579$54,579
IX-11e Professional fundraising feesFundraising $36,476$36,476
IX-11f Investment management feesManagement $58,333$58,333
IX-11g Other fees for servicesPrograms $4,411$4,411
IX-13 Office expensesPrograms $151,481 · Fundraising $995$152,476
IX-14 Information technologyPrograms $101,170 · Management $2,970 · Fundraising $40,285$144,425
IX-16 OccupancyPrograms $37,938$37,938
IX-17 TravelPrograms $20,918 · Management $14,937 · Fundraising $31,042$66,897
IX-19 Conferences, conventions and meetingsPrograms $34,693$34,693
IX-22 Depreciation, depletion and amortizationPrograms $186,143 · Management $79 · Fundraising $742$186,964
IX-23 InsurancePrograms $3,353$3,353
IX-24 Other expenses (24a–d)Fundraising $388,164$388,164
IX-25 Total functional expensesPrograms $5,289,073 · Management $731,300 · Fundraising $672,770$6,693,143
Part X · Balance sheet $39,230,472 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $31$0
X-2 Savings and temporary cash investmentsStart of year $5,097,265$2,481,931
X-3 Pledges and grants receivableStart of year $2,649,878$2,498,807
X-4 Accounts receivableStart of year $7,710$3,685
X-7 Notes and loans receivableStart of year $750,000$750,000
X-9 Prepaid expenses and deferred chargesStart of year $26,482$15,918
X-10c Land, buildings and equipment, netStart of year $1,974,658$1,848,703
X-11 Publicly traded securitiesStart of year $25,238,307$31,631,428
X-16 Total assetsStart of year $35,744,331$39,230,472
X-17 Accounts payable and accrued expensesStart of year $27,590$26,991
X-25 Other liabilitiesStart of year $1,034,349$594,207
X-26 Total liabilitiesStart of year $1,061,939$621,198
X-27 Net assets without donor restrictionsStart of year $7,608,725$10,872,652
X-28 Net assets with donor restrictionsStart of year $27,073,667$27,736,622
X-32 Total net assets or fund balancesStart of year $34,682,392$38,609,274
X-33 Total liabilities and net assetsStart of year $35,744,331$39,230,472
Part XI · Reconciliation of net assets $38,609,274 net assets at year end
XI-1 Total revenue$9,423,468
XI-2 Total expenses$6,693,143
XI-3 Revenue less expenses$2,730,325
XI-4 Net assets at start of year$34,682,392
XI-5 Net unrealized gains (losses) on investments$1,196,557
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$38,609,274

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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