Beta Kappa Of Sigma Chi White Cross Foundation
- Assets
- $0.0
- Revenue
- $8.4k
- Investments
- $172.5k
- Employees
- 0
- Location
- Norman, OK
- Founding
- 10/2002
- Data as of
- 07/2022
- EIN
- 30-0407306
Organization Overview
Beta Kappa Of Sigma Chi White Cross Foundation is located in Norman, OK. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Beta Kappa Of Sigma Chi White Cross 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 07/2022, Beta Kappa Of Sigma Chi White Cross Foundation generated $8.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $19.3k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDING TO BETA KAPPA OF SIGMA CHI FRATERNITY AT THE UNIVERSITY OF OKLAHOMA FOR SCHOLASTIC SCHOLARSHIPS TO THE MEN WITH 3.5 & ABOVE GRADE POINT AVERAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William R Grimm Director | 10 | $0 | |
Garnett W Haubelt Director | 10 | $0 | |
Nicholas Jones Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $8,610 |
| Profit on Inventory Sales | $0 |
| Other Income | -$222 |
| Total Revenue | $8,396 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $945 |
| Contributions, gifts, grants paid | $18,400 |
| Total expenses and disbursements | $19,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $36,461 |
| Investments—other | $20,967 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Beta Kappa Of Sigma Chi White Cross Foundation has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BETA KAPPA OF SIGMA CHI PURPOSE: SCHOLARSHIPS | $20,000 |
BETA KAPPA OF SIGMA CHI PURPOSE: COVID 19 ASSISTANCE | $10,000 |