Alpha Sigma Alpha Foundation

Organization Overview

Alpha Sigma Alpha Foundation is located in Indianapolis, IN. The organization was established in 1988. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Sigma Alpha 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 05/2022, Alpha Sigma Alpha Foundation generated $544.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $321.6k during the year ending 05/2022. While expenses have increased by 1.4% per year over the past 7 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.

Since 2015, Alpha Sigma Alpha Foundation has awarded 17 individual grants totaling $532,695. 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

SEE SCHEDULE O TO SUPPORT THE EDUCATIONAL, LEADERSHIP AND PHILANTHROPIC PURPOSES OF ALPHA SIGMA ALPHA SORORITY THROUGH CHARITABLE GIVING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMMING AND GRANTS TO ALPHA SIGMA ALPHA SORORITY FOR LEADERSHIP PROGRAMS. THE FOUNDATION PROVIDES PARTIAL FUNDING FOR THE EDUCATIONAL COMPONENTS OF THE CONFERENCES AND CONVENTIONS PROVIDED TO THE MEMBERS OF ALPHA SIGMA ALPHA SORORITY.


SCHOLARSHIPS TO INDIVIDUALS EXCLUSIVELY FOR EDUCATIONAL PURPOSES - TO FURTHER ITS COMMITMENT TO INTELLECTUAL DEVELOPMENT AND LIFELONG LEARNING BY OFFERING ACADEMIC SCHOLARSHIPS TO GRADUATE MEMBERS, UNDERGRADUATE MEMBERS AND NON-MEMBERS.


PHILANTHROPIC EFFORTS INCLUDING GRANTS TO CHARITABLE ORGANIZATIONS, WHICH SERVE NUMEROUS MEMBERS AND INDIVIDUALS IN NEED.


VARIOUS OTHER PROGRAM EXPENSES INCURRED TO SUPPORT THE FOUNDATION'S EXEMPT PURPOSES INCLUDING CHAPTER GIVING, MEMBER ASSISTANCE, AND CAREER ENHANCEMENT GRANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Kelly Morello
Ex-Officio Trustee
$0
Kathryn Harth
Ex-Officio Trustee
$0
Lynne Chambers
Treasurer
$0
Tanya Brewer
Chairman
$0
Nikki Kawalec
Vice Chairman
$0
Krystal Slivinski
Executive Director
$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$235,804
Noncash contributions included in lines 1a–1f $6,343
Total Revenue from Contributions, Gifts, Grants & Similar$235,804
Total Program Service Revenue$0
Investment income $38,115
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $270,472
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $544,391

Grants Awarded

Over the last fiscal year, Alpha Sigma Alpha Foundation has awarded $86,710 in support to 3 organizations.

Grant RecipientAmount

ALPHA SIGMA ALPHA SORORITY

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: LEADERSHIP PROGRAMS

$59,771

SPECIAL OLYMPICS INC

Org PageRecipient Profile

Washington, DC

PURPOSE: SUPPORT TRAINING AND COMPETITION FOR INDIVIDUALS WITH DISABILITIES

$19,366

SPECIAL OLYMPICS TEXAS INC

Org PageRecipient Profile

San Antonio, TX

PURPOSE: SUPPORT TRAINING AND COMPETITION FOR INDIVIDUALS WITH DISABILITIES

$7,573
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Alpha Sigma Alpha Foundation has recieved totaling $556.

Awarding OrganizationAmount
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$330
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$226
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,360,944
Earnings-$78,044
Net Contributions$29,716
Grants$50,232
Ending Balance$1,262,384

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