Foundation For Fraternal Excellence Inc
- Assets
- $2.0m
- Revenue
- $580.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Fishers, IN
- Founding
- 03/1993
- Data as of
- 08/2021
- EIN
- 35-1873572
Organization Overview
Foundation For Fraternal Excellence Inc is located in Fishers, IN. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Fraternal Excellence Inc 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 08/2021, Foundation For Fraternal Excellence Inc generated $580.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $461.6k during the year ending 08/2021. While expenses have increased by 5.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FFE EXISTS TO SUPPORT ORGANIZATIONS AND INDIVIDUALS INVESTED IN DEVELOPING THE NEXT GENERATION OF FRATERNITY/SORORITY LEADERS BY FOSTERING A CULTURE OF CARE, INCREASING FINANCIAL RESOURCES TO SUPPORT THE COMMUNITY THROUGH RESEARCH GRANTS AND EDUCATIONAL PROGRAMS, PROVIDING COOPERATIVE SERVICES AND COORDINATING AND SHARING RESOURCES TO INFORM DATA-DRIVEN DECISION-MAKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOW MORE THAN EVER, OUR CAMPUSES, WORKPLACES AND COMMUNITIES NEED STRONG, VALUES-DRIVEN LEADERS. A HEALTHY, POSITIVE FRATERNITY/SORORITY EXPERIENCE ACTS AS AN INCUBATOR FOR LEADERSHIP AND PERSONAL DEVELOPMENT. THE FFE HAS A RESPONSIBILITY AND COMMITMENT TO PROTECT AND PRESERVE THE INTEGRITY OF THAT EXPERIENCE THROUGH RESEARCH GRANTS AND EDUCATIONAL PROGRAMS. RESEARCH GRANTS: FFE COORDINATES, SHARES, AND CHAMPIONS RESEARCH ON THE FRATERNITY/SORORITY EXPERIENCE AND WITHIN ITS MEMBERS TO HELP INFORM DATA-DRIVEN DECISION MAKING WITHIN THE FRATERNAL INDUSTRY. FFE MAINTAINS CRITICAL PARTNERSHIP TO ADVANCE NECESSARY RESEARCH AND GROW FUNDING AVAILABLE. CONTINUED ON SCHEDULE O.
SCHOLARSHIPS & FELLOWSHIPS TO SUPPORT 9 BALFOUR FELLOWS WHICH RECOGNIZE EXCELLENCE IN LEADERSHIP AND SCHOLARSHIP FOR STUDENTS WHO MODEL THE VALUES OF SORORITY/FRATERNITY MEMBERSHIP AS THEY PURSUE POST-GRADUATE DEGREES.
EDUCATIONAL PROGRAMS: FFE PROVIDES PROFESSIONAL DEVELOPMENT AND CRITICAL CONTINUING EDUCATION THAT ADVANCE THE SOPHISTICATION OF INDIVIDUALS AND ORGANIZATIONS OF OUR INDUSTRY TO SUPPORT BETTER COLLABORATION AND EFFICIENCIES NECESSARY TO PRESERVE THE FRATERNITY/SORORITY EXPERIENCE AND ITS CONTRIBUTION OF STRONG, VALUES-DRIVEN LEADERS. CURRENTLY PROVIDING EDUCATION PROGRAMS INCLUDING: (1) THREE DIFFERENT EVENTS ATTENDED BY OVER 990 PARTICIPANTS, (2) CONTINUING EDUCATION WEBINAR SERIES ATTENDED BY OVER 500 PARTICIPANTS ANNUALLY, (3) A COMPENDIUM OF EDUCATIONAL RESOURCES ELECTRONICALLY AVAILABLE TO MEMBERS TO MEET THE NEEDS OF CONTINUALLY EVOLVING INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Butler President | OfficerTrustee | 5 | $0 |
Jennifer Webb Vice President | OfficerTrustee | 5 | $0 |
Ginger Smith Secretary | OfficerTrustee | 5 | $0 |
Diane Eggert Treasurer | OfficerTrustee | 5 | $0 |
Ashley Vandewark Executive Director | Officer | 40 | $0 |
Michael Wilson CFO | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $62,100 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $209,365 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $271,465 |
| Total Program Service Revenue | $198,802 |
| Investment income | $44,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,673 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $580,271 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $152,020 |
| Grants and other assistance to domestic individuals. | $8,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $11,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $194 |
| Fees for services: Other | $291 |
| Advertising and promotion | $0 |
| Office expenses | $5,314 |
| Information technology | $43,569 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $108 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,652 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $461,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $417,083 |
| Pledges and grants receivable | $177,000 |
| Accounts receivable, net | $14,125 |
| 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 | $44,501 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,327,249 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,752 |
| Total assets | $1,997,710 |
| Accounts payable and accrued expenses | $16,211 |
| Grants payable | $0 |
| Deferred revenue | $73,813 |
| 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 | $168,010 |
| Other liabilities | $61,343 |
| Total liabilities | $319,377 |
| Net assets without donor restrictions | $1,272,011 |
| Net assets with donor restrictions | $406,322 |
| 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 | $1,997,710 |
Grants Awarded
Over the last fiscal year, Foundation For Fraternal Excellence Inc has awarded $151,237 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Fishers, IN PURPOSE: RESEARCH GRANT FOR FURTHERING THE CULTURAL AND SOCIETAL IMPACTS OF THE GREEK ORGANIZATION MEMBERSHIP | $76,237 |
Fishers, IN PURPOSE: HEALTH AND SAFETY INITIATIVE | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foundation For Fraternal Excellence Inc has recieved totaling $67,875.
| Awarding Organization | Amount |
|---|---|
Phi Gamma Delta Educational Foundation Lexington, KY PURPOSE: ASSISTANCE FOR MEMBERS OR RELATED ORGANIZATIONS | $50,000 |
Delta Tau Delta Educational Foundation Inc Fishers, IN PURPOSE: INDUSTRY RESEARCH | $16,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: EDUCATION | $1,875 |
Endowment Analysis
| Beg. Balance | $125,313 |
| Earnings | $25,998 |
| Net Contributions | $25,741 |
| Grants | $1,581 |
| Ending Balance | $175,471 |
Peer Organizations
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|---|---|---|
Kipp St Louis St Louis, MO | $47,986,833 | $42,773,078 |
Wellpoint Care Network Inc Milwaukee, WI | $8,696,347 | $28,630,570 |
Ray Graham Association For People With Disabilities Lisle, IL | $24,978,947 | $22,746,228 |
Yum Brands Foundation Inc Louisville, KY | $62,047,633 | $1,353,894 |
Girl Scouts Of Eastern Missouri Inc St Louis, MO | $41,876,901 | $17,676,549 |
Zakat Foundation Of America Worth, IL | $10,176,762 | $13,348,196 |
Rose Brooks Center Inc Kansas City, MO | $20,126,633 | $9,910,378 |
Horizon House Of Illinois Valley Inc Peru, IL | $4,828,429 | $7,447,824 |
Marshall-Starke Development Center Inc Plymouth, IN | $2,688,412 | $6,830,962 |
Lakeshore Cap Inc Of Wisconsin Manitowoc, WI | $4,910,382 | $5,227,133 |
Jefferson County Comprehensive Mt Vernon, IL | $4,460,703 | $5,732,425 |
Cdc Resources Inc Monticello, IN | $3,899,685 | $5,523,588 |