Sigma Nu Educational Foundation Inc

Organization Overview

Sigma Nu Educational Foundation Inc is located in Lexington, VA. The organization was established in 1951. 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 the central organization for a national or regional group of organizations. Sigma Nu Educational Foundation 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 06/2021, Sigma Nu Educational Foundation Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Sigma Nu Educational Foundation Inc has awarded 35 individual grants totaling $1,399,734. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SIGMA NU EDUCATIONAL FOUNDATION SECURES AND PROVIDES ENDURING RESOURCES TO SUPPORT THE EDUCATIONAL AND CHARITABLE INITIATIVES OF SIGMA NU FRATERNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS AND EDUCATIONAL ASSISTANCE TO CHAPTERS AND HOUSING ENTITIES: PROVIDES GRANTS TO SUPPORT THE EDUCATIONAL PROGRAMS OF INDIVIDUAL CHAPTERS AND HOUSING ENTITIES OF SIGMA NU FRATERNITY, INC. THESE PROGRAMS INCLUDE THE IMPLEMENTATION OF THE LEAD PROGRAM, QUALIFIED EDUCATIONAL EXPENDITURES FOR HOUSING, AND OTHER EDUCATIONAL PROGRAMS OF THE CHAPTER.


PROVIDES FOR THE CARE AND MAINTENANCE OF THE SIGMA NU HEADQUARTERS SHRINE LOCATED IN LEXINGTON, VIRGINIA.


SCHOLARSHIPS AND EDUCATIONAL ASSISTANCE TO COLLEGIATE MEMBERS: SUPPORTS THE EDUCATIONAL PURSUITS OF INDIVIDUAL MEMBERS OF SIGMA NU FRATERNITY, INC. THROUGH SCHOLARSHIPS, FELLOWSHIPS, AND OTHER FINANCIAL ASSISTANCE FOR THE OBTAINMENT OF EDUCATIONAL AND LEADERSHIP ACTIVITIES.


GRANTS AND EDUCATIONAL ASSISTANCE TO SIGMA NU FRATERNITY, INC. PROVIDES GRANTS TO SUPPORT THE VARIOUS CHAPTER EDUCATIONAL PROGRAMS INCLUDING THE LEAD PROGRAM. THE LEAD PROGRAM, (WHICH IS AN ACRONYM FOR LEADERSHIP, ETHICS, ACHIEVEMENT, AND DEVELOPMENT), IS A MULTI-PHASE LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO BUILD ETHICAL LEADERS AND DEVELOP THE HEART, MIND, AND CHARACTER OF ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Ben A Buettell
Chairman
$0
Todd E Eliason
Chairman-Elect
$0
Robert J Lalanne
Treasurer
$0
Daniel W Maslauski
Secretary
$0
R Bradley Beacham
President
$0
David M Mainella
Chief Development Officer
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,867,841
Investment income $133,064
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $81,378
Net Income from Fundraising Events $4,656
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,302,992

Grants Awarded

Over the last fiscal year, Sigma Nu Educational Foundation Inc has awarded $237,944 in support to 8 organizations.

Grant RecipientAmount

THE PURDUE SIGMA NU ASSOCIATION INC

Org PageRecipient Profile

West Lafayette, IN

PURPOSE: EDUCATIONAL GRANT

$76,712

DELTA TAU ASSOCIATION OF SIGMA NU

Org PageRecipient Profile

Port Orford, OR

PURPOSE: EDUCATIONAL GRANT

$61,000

BETA TAU CHAPTER OF SIGMA NU FRATERNITY HOUSE CORPORATION INC

PURPOSE: EDUCATIONAL GRANT

$37,452

SIGMA NU ALUMNI ASSOCIATION OF INDIANA UNIVERSITY INC

Org PageRecipient Profile

Bedford, IN

PURPOSE: EDUCATIONAL GRANT

$18,146

DELTA EPSILON - SIGMA NU CORPORATION OF OKLAHOMA

PURPOSE: EDUCATIONAL GRANT

$15,500

EPSILON SIGMA - SIGMA NU HOUSE CORP OF MEMPHIS

Org PageRecipient Profile

Arlington, TN

PURPOSE: EDUCATION GRANT

$13,135
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 28 grants that Sigma Nu Educational Foundation Inc has recieved totaling $167,040.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$36,108
Dillingham Foundation

Enid, OK

PURPOSE: SCHOLARSHIPS FOR COLLEGE STUDENTS AND EDUCATIONAL FUNDING

$25,000
Agape Foundation

Chicago, IL

PURPOSE: GENERAL PURPOSES OF DONEE ORGANIZATION

$20,000
The Community Foundation For Northern Virginia Inc

Oakton, VA

PURPOSE: STUDENT SORORITIES, FRATERNITIES

$12,500
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$10,250
Loomis Foundation Inc

Overland Park, KS

PURPOSE: GENERAL CHARITABLE PURPOSE

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$563,649
Earnings$129,789
Admin Expense$19,237
Grants$1,750
Ending Balance$672,451

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