Beta Gamma Sigma Inc

Organization Overview

Beta Gamma Sigma Inc is located in Saint Louis, MO. The organization was established in 1988. 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 06/2022, Beta Gamma Sigma Inc employed 11 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Beta Gamma Sigma 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 06/2022, Beta Gamma Sigma Inc generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HONOR ACADEMIC ACHIEVEMENT, CULTIVATE PROFESSIONAL EXCELLENCE, AND SERVE MEMBERS.

Describe the Organization's Program Activity:

ACADEMIC RECOGNITION- RECOGNITION TO OUTSTANDING BUSINESS STUDENTS, FACULTY MEMBERS AND BUSINESSPEOPLE, TO ENCOURAGE AND IMPROVE ACADEMIC PERFORMANCE AMONG OVER 900,000 MEMBERS FROM 617 CHAPTERS. 21,048 MEMBERS RECEIVED INTERNATIONAL AND LIFETIME RECOGNITION.


ALUMNI NETWORK: THE BETA GAMMA SIGMA (BGS) ALUMNI NETWORK CONNECTS MEMBERS BOTH VIRTUALLY AND IN-PERSON. PROVIDING PROFESSIONAL NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT, SOCIAL EVENTS AND SERVICE OPPORTUNITIES TO LOCAL COMMUNITIES, THE NETWORK INCREASES BGS' WORLDWIDE PRESENCE WHILE PROVIDING LIFETIME VALUE TO OUR MEMBERS. IN FY 2021-2022, THERE WERE 65 MEMBER EVENTS HELD WORLDWIDE, THROUGH 32 ALUMNI CHAPTERS AND 20 NETWORKING GROUPS. THE NETWORK IS FURTHER SUPPORTED BY BGS PROGRAMS. SERVICE OPPORTUNITIES ARE SUPPORTED THROUGH OUR WORLD-WIDE PARTNERSHIP WITH JUNIOR ACHIEVEMENT, THROUGH WHICH ALUMNI CHAPTERS CAN EASILY PLAN VOLUNTEER ACTIVITIES. THE BGS ALUMNI CAREER DESIGN PROGRAM SUPPORTS OUR ALUMNI MEMBERS' LONG-TERM CAREER SUCCESS, BY PROVIDING COACHING IN CAREER-PATHING AND GOAL SETTING. THIS VIRTUAL PROGRAM ALSO PROVIDES NETWORKING OPPORTUNITIES, AS ALUMNI MEMBERS COMPLETE THE PROGRAM IN COHORT GROUPS OF APPROXIMATELY 50 MEMBERS AT A TIME. MEMBERS SUPPORT ONE ANOTHER THROUGHOUT THE PROGRAM AND HAVE THE OPPORTUNITY TO MAKE LIFELONG CONNECTIONS. FURTHERMORE, BGS CAREER CENTRAL SUPPORTS OUR ALUMNI MEMBERS' PROFESSIONAL DEVELOPMENT AND CAREER OUTLOOK BY PROVIDING ACCESS TO CURATED CAREER CONTENT, PROGRAMS, WEBINARS AND EXCLUSIVE MEMBER OFFERS. THE BGS ADVANTAGE WEBINAR SERIES OFFERED FREE HOUR-LONG WEBINARS FOR ALL BGS MEMBERS. EACH TOPIC WAS UNIQUE BUT HAD THE OVERARCHING GOAL OF PROVIDING CAREER ADVICE, INSIGHT AND PROFESSIONAL SKILL BUILDING, LEVERAGING SUBJECT MATTER EXPERTS AND PARTNERS OF BGS.


SDGS LAUNCH - BETA GAMMA SIGMA BELIEVES BUSINESS IS A FORCE FOR GLOBAL GOOD, WHICH IS WHY WE PARTNERED WITH THE FOUNDATION FOR ENVIRONMENTAL STEWARDSHIP (FES) AND THE SDGS LAUNCH PROJECT TO BRING MEMBERS A CONFERENCE THAT CONNECTS, EDUCATES, AND EMPOWERS PARTICIPANTS TO BE CATALYSTS FOR CHANGE IN THEIR COMMUNITIES. THROUGH SEVERAL SPEAKERS, WORKSHOPS, AND A CASE COMPETITION, PARTICIPANTS HAVE THE OPPORTUNITY TO REFLECT AND BUILD ON THEIR UNDERSTANDING OF SUSTAINABLE DEVELOPMENT. THE PROGRAM CONSISTED OF BOTH LIVE AND PRE-RECORDED VIRTUAL SETTINGS THAT TOOK PLACE OVER FOUR DAYS NOVEMBER 11TH-14TH. PARTICIPANTS HAD THE OPPORTUNITY TO WORK WITH FELLOW STUDENTS AROUND THE GLOBE THROUGH A CASE COMPETITION. LASTLY, ALL BGS MEMBERS HAD A CHANCE TO TAKE PART IN OUR PRE-LAUNCH OF THE EVENT BY JOINING ONE OF OUR PARTNER VIRTUAL ROUNDTABLE DISCUSSIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,541,203
Fundraising events$0
Related organizations$0
Government grants $190,087
All other contributions, gifts, grants, and similar amounts not included above$132,426
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,863,716
Total Program Service Revenue$71,618
Investment income $78,090
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $108,627
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $72,107
Miscellaneous Revenue$0
Total Revenue $2,194,158

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Beta Gamma Sigma Inc has recieved totaling $57,350.

Awarding OrganizationAmount
Kpmg U S Foundation Inc

Montvale, NJ

PURPOSE: GENERAL SUPPORT

$25,000
Aacsb International The Association To Advance Collegiate Schools Of

Tampa, FL

PURPOSE: SUPPORT FOR THE GLOBAL LEADERSHIP SUMMIT

$10,000
Aacsb International The Association To Advance Collegiate Schools Of

Tampa, FL

PURPOSE: SUPPORT FOR THE GLOBAL LEADERSHIP SUMMIT

$10,000
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$6,175
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$6,175
View Grant Recipient Profile

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