Sigma Sigma Sigma Foundation
- Assets
- $2.4m
- Revenue
- $936.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Woodstock, VA
- Founding
- 02/1985
- Data as of
- 06/2021
- EIN
- 52-1370798
Organization Overview
Sigma Sigma Sigma Foundation is located in Woodstock, VA. The organization was established in 1985. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2021, Sigma Sigma Sigma Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sigma Sigma Sigma 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 06/2021, Sigma Sigma Sigma Foundation generated $936.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $753.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sigma Sigma Sigma Foundation has awarded 16 individual grants totaling $512,262. 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 PROVIDE TRANSFORMATIONAL PHILANTHROPY: FUNDING INNOVATIVE LEADERSHIP TRAINING FOR WOMEN, AWARDING SCHOLARSHIPS AND INVESTING IN LIFE-ENHANCING CHILDREN'S THERAPY PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NAMED SCHOLARSHIPS - NAMED SCHOLARSHIPS ARE ESTABLISHED FOR THE PURPOSE OF AWARDING SCHOLARSHIPS TO AN UNDERGRADUATE OR GRADUATE SORORITY MEMBER. QUALIFICATION DEPENDS ON MERIT, NEED, ACADEMIC ACHIEVEMENT, AND OTHER CRITERIA.
ROBBIE PAGE MEMORIAL - ESTABLISHED FOR THE PURPOSE OF AWARDING GRANTS AND ASSISTANTSHIPS IN THE ACADEMIC FIELD OF PLAY THERAPY.
SIGMA SIGMA SIGMA - ESTABLISHED FOR THE PURPOSE OF LEADERSHIP EDUCATION FOR SORORITY MEMBERS.
MARCH OF DIMES- THE FOUNDATION HAS PARTNERED WITH MARCH OF DIMES FOR THE YEAR ENDED JUNE 30, 2021. SIGMA SIGMA SIGMA SORORITY COLLEGIATE AND ALUMNAE CHAPTERS PARTICIPATE IN THE COLLECTION OF CONTRIBUTIONS ON BEHALF OF THE MARCH OF DIMES, AND SUBSEQUENT DISBURSEMENTS ARE MADE ON BEHALF OF THE FOUNDATION TO THE MARCH OF DIMES. DIVERSITY, EQUITY AND INCLUSION- THE FOUNDATION ESTABLISHED A COMMUNITY GRANT PROGRAM PROVIDING FUNDS TO CREATE EDUCATIONAL PROGRAMS ALLOWING SORORITY MEMBERS TO TAKE AN ACTIVE ROLE IN BUILDING AN INCLUSIVE CULTURE IN THEIR COMMUNITIES. SIGMA SIGMA SIGMA SORORITY ARCHIVES DIGITIZATION- ESTABLISHED FOR THE PURPOSE OF SAFEGUARDING AND PRESERVING THE RECORDS OF SIGMA SIGMA SIGMA ENSURING THE HISTORY AND HERITAGE OF THE SORORITY ARE MAINTAINED AND AVAILABLE TO ANYONE REGARDLESS OF MEMBERSHIP FOR READING AND RESEARCH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghan Paden Executive Director | Officer | 40 | $112,800 |
Camille Chasteen Vice Chairman | OfficerTrustee | 5 | $0 |
Jeanmarie Komyathy Chairman | OfficerTrustee | 5 | $0 |
Lori Rassati Treasurer | OfficerTrustee | 5 | $0 |
Veronica Seymour Secretary | OfficerTrustee | 5 | $0 |
Natalie Averette Ex-Officio/national Presid | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $654,904 |
| Noncash contributions included in lines 1a–1f | $9,073 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $754,493 |
| Total Program Service Revenue | $0 |
| Investment income | $45,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $136,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $936,255 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,465 |
| Grants and other assistance to domestic individuals. | $44,050 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $131,460 |
| Compensation of current officers, directors, key employees. | $39,880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $240,737 |
| Pension plan accruals and contributions | $7,050 |
| Other employee benefits | $0 |
| Payroll taxes | $28,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,897 |
| Fees for services: Accounting | $19,511 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,084 |
| Fees for services: Other | $2,474 |
| Advertising and promotion | $34,643 |
| Office expenses | $23,155 |
| Information technology | $37,987 |
| Royalties | $0 |
| Occupancy | $6,359 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,736 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $753,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $511,564 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,416 |
| Accounts receivable, net | $0 |
| 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 | $341 |
| Net Land, buildings, and equipment | $4,694 |
| Investments—publicly traded securities | $1,920,028 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,199 |
| Total assets | $2,444,242 |
| Accounts payable and accrued expenses | $30,081 |
| Grants payable | $93,752 |
| 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 | $0 |
| Total liabilities | $123,833 |
| Net assets without donor restrictions | $612,495 |
| Net assets with donor restrictions | $1,707,914 |
| 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 | $2,444,242 |
Grants Awarded
Over the last fiscal year, Sigma Sigma Sigma Foundation has awarded $57,559 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: GENERAL PROGRAMMING SUPPORT | $38,489 |
Woodstock, VA PURPOSE: PARTIALLY FUND 501(C)(3) LEADERSHIP PROGRAMS FOR THE SORORITY COLLEGIATE CHAPTERS AND SIGMA SIGMA SIGMA SORORITY ARCHIVES DIGITIZATION. | $19,070 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sigma Sigma Sigma Foundation has recieved totaling $1,461.
| Awarding Organization | Amount |
|---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $750 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $386 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $250 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $75 |
Endowment Analysis
| Beg. Balance | $1,748,527 |
| Earnings | $310,509 |
| Net Contributions | $34,486 |
| Other Expense | $395,828 |
| Ending Balance | $1,697,694 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Thurgood Marshall College Fund Inc Washington, DC | $121,810,471 | $98,266,975 |
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Breakthrough Prize Foundation Washington, DC | $10,581,357 | $48,295,695 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Foundation For Advanced Education In The Sciences Inc Bethesda, MD | $54,757,501 | $41,367,941 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |