Sigma Alpha Epsilon Foundation

Organization Overview

Sigma Alpha Epsilon Foundation is located in Evanston, IL. The organization was established in 1930. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sigma Alpha Epsilon 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 06/2022, Sigma Alpha Epsilon Foundation generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Sigma Alpha Epsilon Foundation has awarded 62 individual grants totaling $6,311,867. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT ITS MEMBERS AND THEIR CHAPTERS TO HELP FULFILL THEIR EDUCATIONAL ASPIRATIONS AND GOALS; TO PROMOTE PROGRAMS TEACHING LEADERSHIP,SCHOLARSHIP, AND PERSONAL DEVELOPMENT; AND TO ENSURE THE PRESEVATION OF LEVERE MEMORIAL TEMPLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS USED TO AID FRATERNITY CHAPTERS IN MAINTAINING THE SCHOLARSHIP AND EDUCATIONAL PORTIONS OF THEIR HOUSES.


MANAGEMENT FEE AND OTHER MISCELLANEOUS EXPENSES TO SUPPORT PROGRAM ACTIVITIES.


FUNDS USED TO SUPPORT THE OPERATION AND PRESERVATION OF THE LEVERE MEMORIAL TEMPLE.


FINANCIAL AID PROVIDED FOR SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO SIGMA ALPHA EPSILON COLLEGIATES.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Hancock
CEO
$0
Steve Mitchell
CEO
$0
Dan Stanczak
Chief Bus. O
$0
Dan Alsaker
Trustee
$0
Steve Burt
Trustee
$0
Debashis Chowdhury
Trustee
$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$3,029,811
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,029,811
Total Program Service Revenue$100,000
Investment income $816,454
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $201,689
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,148,154

Grants Awarded

Over the last fiscal year, Sigma Alpha Epsilon Foundation has awarded $686,640 in support to 10 organizations.

Grant RecipientAmount

SIGMA ALPHA EPSILON

PURPOSE: EDUCATION GRANT

$150,000

OKLAHOMA MU

PURPOSE: HOUSE LIBRARY GRANT

$68,000

IOWA CHI HOUSE

PURPOSE: HOUSE LIBRARY GRANT

$6,191

ILLINOIS BETA HOUSING

PURPOSE: HOUSE LIBRARY GRANT

$20,000

INDIANA DELTA HOUSING LLC

PURPOSE: HOUSE LIBRARY GRANT

$25,000

MICHIGAN GAMMA HOUSING LLC

PURPOSE: HOUSE LIBRARY GRANT

$8,500
View Grant Profile

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Murray State University Foundation
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