Delta Sigma Phi Foundation
- Assets
- $13.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/1958
- Data as of
- 06/2021
- EIN
- 84-6035598
Organization Overview
Delta Sigma Phi Foundation is located in Indianapolis, IN. The organization was established in 1958. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, 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. Delta Sigma Phi 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, Delta Sigma Phi Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. While expenses have increased by 2.9% 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.
Since 2015, Delta Sigma Phi Foundation has awarded 65 individual grants totaling $3,849,769. 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 PROMOTE EDUCATIONAL AND CHARITABLE PURPOSES BY PROVIDING SCHOLARSHIPS, STUDENT AID AND ASSISTANCE TO NEEDY AND DESERVING STUDENTS AND BY THE DEVELOPMENT OF EDUCATIONAL WORK IN THE CHAPTERS OF DELTA SIGMA PHI FRATERNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND GRANTS TO DELTA SIGMA PHI FRATERNITY AND OTHER LOCAL CHAPTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barrett Kalian Vice President | OfficerTrustee | 2 | $0 |
Timothy Gentry Secretary/treasurer | OfficerTrustee | 2 | $0 |
Bradley Sullivan President | OfficerTrustee | 2 | $0 |
Nathan Wight Chief Advancement Officer | Officer | 40 | $0 |
Phil Rogriguez CEO | Officer | 1 | $0 |
Brian Ashby Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,702 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,356,826 |
| Noncash contributions included in lines 1a–1f | $17,702 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,374,528 |
| Total Program Service Revenue | $0 |
| Investment income | $140,407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $297,855 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,812,790 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $436,941 |
| Grants and other assistance to domestic individuals. | $184,928 |
| 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 | $373,310 |
| Pension plan accruals and contributions | $8,727 |
| Other employee benefits | $33,459 |
| Payroll taxes | $24,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,621 |
| Fees for services: Accounting | $15,589 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $51,623 |
| Fees for services: Other | $80,649 |
| Advertising and promotion | $0 |
| Office expenses | $54,134 |
| Information technology | $21,841 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,649 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,483,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,768 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $959,417 |
| 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 | $12,058 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,560,699 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $697,248 |
| Total assets | $13,657,190 |
| Accounts payable and accrued expenses | $915 |
| Grants payable | $0 |
| 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 | $149,900 |
| Other liabilities | $134,256 |
| Total liabilities | $285,071 |
| Net assets without donor restrictions | $13,372,119 |
| Net assets with donor restrictions | $0 |
| 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 | $13,657,190 |
Grants Awarded
Over the last fiscal year, Delta Sigma Phi Foundation has awarded $417,666 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Indianapolis, IN PURPOSE: PROGRAM GRANTS | $240,625 |
ALPHA GAMMA HOUSING CORP PURPOSE: EDUCATIONAL GRANT | $116,500 |
BETA BETA ALUMNI OF DELTA SIGMA PHI PURPOSE: EDUCATIONAL GRANT | $32,591 |
ETA CHAPTER PURPOSE: EDUCATIONAL GRANT | $12,500 |
Rolla, MO PURPOSE: EDUCATIONAL GRANT | $8,619 |
GAMMA EPSILON PURPOSE: EDUCATIONAL GRANT | $6,831 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Delta Sigma Phi Foundation has recieved totaling $144,664.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $132,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,308 |
Dow Jones News Fund Inc Princeton, NJ PURPOSE: DONATION | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $734 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 12/03/21 | $122 |
Endowment Analysis
| Beg. Balance | $9,007,750 |
| Ending Balance | $9,007,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Phi International Fraternity Inc Chicago, IL | $421,200 | $3,656,233 |