Phi Delta Theta Foundation
- Assets
- $40.0m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 11
- Location
- Oxford, OH
- Founding
- 08/1963
- Data as of
- 12/2021
- EIN
- 34-6539803
Organization Overview
Phi Delta Theta Foundation is located in Oxford, OH. The organization was established in 1963. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 12/2021, Phi Delta Theta Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phi Delta Theta Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Phi Delta Theta Foundation generated $4.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Phi Delta Theta Foundation has awarded 25 individual grants totaling $2,991,211. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN MEN FOR LIFE BY BUILDING ON THE TRADITION OF OUR CORE VALUES: FRIENDSHIP, SOUND LEARNING, AND RECTITUDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
PROVIDE SCHOLARSHIPS AND FELLOWSHIPS TO OVER 300 INDIVIDUALS TO RECOGNIZE OUTSTANDING SCHOLARSHIP, LEADERSHIP, AND COMMUNITY INVOLVEMENT.
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 AND SUPPORT FOR ALS RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Bloomer Sr. VP Of Advancement | 40 | $187,786 | |
Jay V Ihlenfeld Trustee | OfficerTrustee | 1 | $0 |
Mark L Bye Chairman | OfficerTrustee | 1 | $0 |
Howard Gellis Treasurer | OfficerTrustee | 1 | $0 |
Sean S Wagner President | Officer | 12 | $0 |
J Paul Price Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,732,954 |
| Noncash contributions included in lines 1a–1f | $650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,732,954 |
| Total Program Service Revenue | $0 |
| Investment income | $380,142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $179,436 |
| Net Gain/Loss on Asset Sales | $533,256 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,831,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $739,670 |
| Grants and other assistance to domestic individuals. | $397,616 |
| Grants and other assistance to Foreign Orgs/Individuals | $19,906 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $205,651 |
| Compensation of current officers, directors, key employees. | $154,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $532,159 |
| Pension plan accruals and contributions | $14,759 |
| Other employee benefits | $47,892 |
| Payroll taxes | $44,156 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,429 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $104,202 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,751 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $52,297 |
| Royalties | $0 |
| Occupancy | $56,808 |
| Travel | $54,399 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,011 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,209 |
| Insurance | $0 |
| All other expenses | $46,550 |
| Total functional expenses | $2,607,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,775,652 |
| Pledges and grants receivable | $2,235,011 |
| Accounts receivable, net | $80,311 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $53,121 |
| Net Land, buildings, and equipment | $1,145,963 |
| Investments—publicly traded securities | $31,250,871 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,414,191 |
| Total assets | $39,955,120 |
| Accounts payable and accrued expenses | $127,415 |
| Grants payable | $106,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,858 |
| Total liabilities | $284,273 |
| Net assets without donor restrictions | $3,234,699 |
| Net assets with donor restrictions | $36,436,148 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $39,955,120 |
Grants Awarded
Over the last fiscal year, Phi Delta Theta Foundation has awarded $739,670 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Oxford, OH PURPOSE: Educational & leadership programs | $357,346 |
Livonia, MI PURPOSE: Educational Housing Grant | $263,924 |
PDT CHPTR HSE ASSOC OF CINTI PURPOSE: Educational Housing Grant | $50,000 |
Corvallis, OR PURPOSE: Educational housing grant | $23,000 |
PHI DELTA THETA CLUB COLUMBIA PURPOSE: Educational Housing Grant | $20,000 |
PDT HSE CORP AT OH UNIV PURPOSE: Educational Housing Grant | $14,400 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Phi Delta Theta Foundation has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Clifford And Lavonne Graese Foundation Jacksonville, FL PURPOSE: CHARITABLE | $10,000 |
Ruth Rogers Hoyt Foundation Inc Atlanta, GA PURPOSE: COLLEGE FUNDING FORSTUDENTS | $2,000 |
Ronald And Vicki Canakaris Family Foundation Inc Atlanta, GA PURPOSE: CHARITABLE | $2,000 |
Endowment Analysis
| Beg. Balance | $25,753,404 |
| Earnings | $3,840,113 |
| Net Contributions | $2,494,317 |
| Grants | $641,287 |
| Ending Balance | $31,446,547 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Sigma Phi Fraternity Inc Carmel, IN | $4,417,023 | $3,578,190 |
Richmond Property Group Ltd Indianapolis, IN | $27,750,177 | $3,183,592 |