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ALPHA SIGMA PHI FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ALPHA SIGMA PHI FOUNDATION INC (EIN 14-1908351)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202641349349310884
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-14T16:08:52-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273858252PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DEAN DORTON ALLEN FORD PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1810 WRIGHTS SUMMIT PARKWAY SUITEAddressLine1Txt
Address Line2300AddressLine2Txt
CityFORT WRIGHTCityNm
State AbbreviationKYStateAbbreviationCd
ZIP41011ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN141908351EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALPHA SIGMA PHI FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlALPHBusinessNameControlTxt
Phone3178431911PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1710 ADAMS STREETAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGORDON F HEMINGERPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone3178431911PhoneNum
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRYAN PAUTSCHPreparerPersonNm
PTINP00034913PTIN
Phone8593313300PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGORDON F HEMINGERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1710 ADAMS STREETAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,330,513GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ALPHASIGMAPHI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1945FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION'S MISSION IS TO PROMOTE EDUCATION AND LEADERSHIP WITHIN ALPHA SIGMA PHI FRATERNITY.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers95TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,047,192PYContributionsGrantsAmt
CY Contributions Grants$1,839,780CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$524,159PYInvestmentIncomeAmt
CY Investment Income$1,136,027CYInvestmentIncomeAmt
PY Other Revenue$75,386PYOtherRevenueAmt
CY Other Revenue$69,359CYOtherRevenueAmt
PY Total Revenue$1,646,737PYTotalRevenueAmt
CY Total Revenue$3,045,166CYTotalRevenueAmt
PY Grants And Similar Paid$300,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$426,713CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$219,744CYTotalFundraisingExpenseAmt
PY Other Expenses$921,559PYOtherExpensesAmt
CY Other Expenses$789,139CYOtherExpensesAmt
PY Total Expenses$1,221,559PYTotalExpensesAmt
CY Total Expenses$1,215,852CYTotalExpensesAmt
PY Revenues Less Expenses$425,178PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,829,314CYRevenuesLessExpensesAmt
Total Assets BOY$15,585,920TotalAssetsBOYAmt
Total Assets EOY$17,657,562TotalAssetsEOYAmt
Total Liabilities BOY$70,703TotalLiabilitiesBOYAmt
Total Liabilities EOY$46,841TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$15,515,217NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,610,721NetAssetsOrFundBalancesEOYAmt
MissionTHE FOUNDATION'S MISSION IS TO MAKE SCHOLARSHIPS AND EDUCATIONAL GRANTS TO INDIVIDUALS OF ALPHA SIGMA PHI FRATERNITY. GRANTS WILL ALSO BE AWARDED TO ALPHA SIGMA PHI FRATERNITY FOR EDUCATION INITIATIVES, LEADERSHIP DEVELOPMENT PROGRAMS, AND CHARACTER DEVELOPMENT PROJECTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$541,479ExpenseAmt
Grant$426,713GrantAmt
DescTHE FOUNDATION PROVIDES FUNDING FOR LEADERSHIP AND EDUCATIONAL PROGRAMMING SUCH AS, THE RALPH F. BURNS EXECUTIVE LEADERSHIP INSTITUTE, GRAND CHAPTER, RESPONSIBLE SIG ALONG WITH ACADEMIC AND NEEDS BASED SCHOLARSHIPS THROUGH EDUCATIONAL GRANTS TO ALPHA SIGMA PHI FRATERNITY AND TO MEMBERS OF ALPHA SIGMA PHI.Desc
Total Program Service Expenses$541,479TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed OfYes (1)Form8282PropertyDisposedOfInd
Form8282 Filed1Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAREN HARDEWIGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3178431911PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1710 ADAMS STREETAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KIP ROBERTS
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
SCOTT BRUMBURGH
TREASURER1.00Yes (X)Yes (X)$0$0$0
BERNIE SCHULTZ
SECRETARY1.00Yes (X)Yes (X)$0$0$0
RODNEY RUSK
CHAIRMAN ELECT1.00Yes (X)$0$0$0
KEVIN GARVEY
IMMEDIATE PAST CHAIR1.00Yes (X)$0$0$0
BRUCE BARTOO
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
DON BLEVINS
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
JOHN CHANEY
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
COLIN CUNNINGHAM
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
WALLY DANT
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
JAKE GAMBLE
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
SAM LOCKE
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
MATT MAURER
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
JIM MCMAHON
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
MARK STILL
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
BILL WHITE
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
BYRAN WILSON
FOUNDATION DIRECTOR1.00Yes (X)$0$0$0
GORDON HEMINGER
PRESIDENT/CEO15.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,839,780AllOtherContributionsAmt
Noncash Contributions$998,264NoncashContributionsAmt
Total Contributions$1,839,780TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$761,726TotalRevenueColumnAmt
Exclusion$761,726ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$69,359RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$69,359RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$69,359TotalRevenueColumnAmt
Exclusion$69,359ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,942,474SecuritiesAmt
Other$717,174OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,390,347SecuritiesAmt
Other$895,000OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$552,127SecuritiesAmt
Other-$177,826OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$374,301TotalRevenueColumnAmt
Exclusion$374,301ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,045,166TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,205,386ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$382,847TotalAmt
Program Services$382,847ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$43,866TotalAmt
Program Services$43,866ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$25,656TotalAmt
Management And General$14,186ManagementAndGeneralAmt
Fundraising$11,470FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$473,578TotalAmt
Program Services$97,200ProgramServicesAmt
Management And General$261,848ManagementAndGeneralAmt
Fundraising$114,530FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,267TotalAmt
Management And General$5,542ManagementAndGeneralAmt
Fundraising$4,725FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,154TotalAmt
Management And General$6,231ManagementAndGeneralAmt
Fundraising$10,923FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$13,714TotalAmt
Program Services$2,962ProgramServicesAmt
Management And General$6,912ManagementAndGeneralAmt
Fundraising$3,840FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,967TotalAmt
Fundraising$1,967FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$26,058TotalAmt
Management And General$26,058ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$10,800ProgramServicesAmt
Management And General$25,200ManagementAndGeneralAmt
Fundraising$14,000FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$37,654TotalAmt
Management And General$37,654ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
TRADEMARK & MEMBERSHIP$61,832$61,832
CONTRIBUTIONS TO OTHERS$34,711$34,711
REPAIRS & MAINTENANCE$13,769$6,110$3,855$3,804
CREDIT CARD AND BANK FE$13,373$13,373

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,406TotalAmt
Management And General$3,056ManagementAndGeneralAmt
Fundraising$6,350FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,215,852TotalAmt
Program Services$541,479ProgramServicesAmt
Management And General$454,629ManagementAndGeneralAmt
Fundraising$219,744FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$43,936BOYAmt
EOY$443,208EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$20,050BOYAmt
EOY$5,426EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,918BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,844BOYAmt
EOY$10,900EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,211,897LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$848,745LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$429,235BOYAmt
EOY$363,152EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$14,986,078BOYAmt
EOY$16,775,550EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$92,859BOYAmt
EOY$59,326EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,585,920BOYAmt
EOY$17,657,562EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,188BOYAmt
EOY$0EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$42,016BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,499BOYAmt
EOY$46,841EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$70,703BOYAmt
EOY$46,841EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,413,699BOYAmt
EOY$9,026,479EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,101,518BOYAmt
EOY$8,584,242EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,515,217BOYAmt
EOY$17,610,721EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,585,920BOYAmt
EOY$17,657,562EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,829,314ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$333,468NetUnrlzdGainsLossesInvstAmt
Investment Expense-$52,098InvestmentExpenseAmt
Prior Period Adjustments-$15,180PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$899,771CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$850,246CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$741,867CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,047,192CurrentTaxYearMinus1YearAmt
Current Tax Year$944,780CurrentTaxYearAmt
Total$4,483,856TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$899,771CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$850,246CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$741,867CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,047,192CurrentTaxYearMinus1YearAmt
Current Tax Year$944,780CurrentTaxYearAmt
Total$4,483,856TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$4,483,856PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$499,724CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$523,300CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$429,796CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$390,253CurrentTaxYearMinus1YearAmt
Current Tax Year$831,085CurrentTaxYearAmt
Total$2,674,158TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$71,657CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$200CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,714CurrentTaxYearMinus1YearAmt
Total$78,616TotalAmt
FieldValueIRS element (for citing)
Total Support$7,236,630TotalSupportAmt
Public Support CY1700.61960PublicSupportCY170Pct
Public Support PY1700.67560PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:FormAndLineReferenceDesc
ExplanationDESCRIPTION: RESIDENTIAL REAL ESTATE DATE: 02/17/25 AMOUNT: 895000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,101,518BeginningYearBalanceAmt
Contributions$441,270ContributionsAmt
Investment Earnings Or Losses$293,056InvestmentEarningsOrLossesAmt
Grants Or Scholarships$251,458GrantsOrScholarshipsAmt
Other Expenditures$144OtherExpendituresAmt
End Year Balance$8,584,242EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,651,295BeginningYearBalanceAmt
Contributions$758,779ContributionsAmt
Investment Earnings Or Losses$883,734InvestmentEarningsOrLossesAmt
Grants Or Scholarships$172,242GrantsOrScholarshipsAmt
Administrative Expenses$153,026AdministrativeExpensesAmt
End Year Balance$8,101,518EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,019,194BeginningYearBalanceAmt
Contributions$633,234ContributionsAmt
Investment Earnings Or Losses$1,385,216InvestmentEarningsOrLossesAmt
Grants Or Scholarships$248,570GrantsOrScholarshipsAmt
Administrative Expenses$137,779AdministrativeExpensesAmt
End Year Balance$7,651,295EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,566,347BeginningYearBalanceAmt
Contributions$485,099ContributionsAmt
Investment Earnings Or Losses-$758,139InvestmentEarningsOrLossesAmt
Grants Or Scholarships$139,352GrantsOrScholarshipsAmt
Administrative Expenses$134,761AdministrativeExpensesAmt
End Year Balance$6,019,194EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,488,825BeginningYearBalanceAmt
Contributions$335,299ContributionsAmt
Investment Earnings Or Losses$1,158,537InvestmentEarningsOrLossesAmt
Grants Or Scholarships$117,492GrantsOrScholarshipsAmt
Other Expenditures$185,328OtherExpendituresAmt
Administrative Expenses$113,494AdministrativeExpensesAmt
End Year Balance$6,566,347EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,180,941OtherCostOrOtherBasisAmt
Depreciation$817,789DepreciationAmt
Book Value$363,152BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,956OtherCostOrOtherBasisAmt
Depreciation$30,956DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$363,152TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ANNUITY PAYABLE$20,261
DUE TO RELATED PARTY$26,580
FieldValueIRS element (for citing)
Total Liability$46,841TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE FOUNDATION HAS A DISTRIBUTION POLICY FOR ITS DONOR-RESTRICTED ENDOWMENT FUNDS OF UP TO 4% OF THE CORPUS BALANCE AS OF THE BEGINNING OF THE FISCAL YEAR. THE DISTRIBUTION WILL BE USED TO FUND PROGRAMS AND GRANTS.
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES, NOT DIRECTLY RELATED TO THE FOUNDATION'S TAXEXEMPT PURPOSE, IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FOUNDATION HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FOUNDATION RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2025. IF THE SITUATION AROSE IN WHICH THE FOUNDATION WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTES OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FOUNDATION BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE FOUNDATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ALPHA SIGMA PHI FRATERNITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1710 ADAMS STREETAddressLine1Txt
CityCARMELCityNm
State AbbreviationINStateAbbreviationCd
ZIP46032ZIPCd
FieldValueIRS element (for citing)
Recipient EIN314359813RecipientEIN
IRC Section501(C)(7)IRCSectionDesc
Cash Grant$382,847CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantEDUCATIONAL, LEADERSHIP, AND CHARACTER DEVELOPMENT PROGRAMSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient59RecipientCnt
Cash Grant$43,866CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE BOARD OF DIRECTORS APPROVED THE EDUCATIONAL GRANT TO THE FRATERNITY EACH YEAR. THEY FOLLOW UP WITH THE FRATERNITY TO ENSURE GRANT FUNDS ARE USED AS INTENDED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3THE PRESIDENT/CEO IS COMPENSATED BY ALPHA SIGMA FRATERNITY WHO IS REIMBURSED BY ALPHA SIGMA FOUNDATION THROUGH A SHARED SERVICES AGREEMENT. THE PRESIDENT'S SALARY IS DETERMINED ANNUALLY IN CONNECTION WITH A PERFORMANCE REVIEW PERFORMED BY THE BOARD OF DIRECTORS. THE ORGANIZATION ALSO USES THE FORM 990S OF OTHER ORGANIZATIONS AND COMPENSATION SURVEYS TO ENSURE REASONABLENESS.
FORM 990, PART VII, LINE 5:THE PRESIDENT/CEO IS COMPENSATED BY ALPHA SIGMA PHI FRATERNITY, AN AFFILIATED, BUT UNRELATED ORGANIZATION, THE AMOUNT OF COMPENSATION RECEIVED FOR SERVICES RENDERED TO ALPHA SIGMA PHI FOUNDATION IS $116,960.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$103,265NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$895,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISED VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationLINE 9 - NUMBER OF CONTRIBUTIONS LINE 15 - NUMBER OF CONTRIBUTIONSExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FOUNDATION'S BOARD OF DIRECTORS EXAMINES THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CTHE FOUNDATION PROHIBITS CONFLICTS OF INTEREST WITH ITS BOARD MEMBERS AND OTHER PERSONNEL. ALL POTENTIAL CONFLICTS ARE EXAMINED AND RESOLVED IMMEDIATELY. IF A BOARD MEMBER HAS A CONFLICT, THEN THEY CANNOT VOTE ON THE ISSUE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST.
FORM 990, PART IX, LINE 11GSHARED SERVICES: PROGRAM SERVICE EXPENSES 97,200. MANAGEMENT AND GENERAL EXPENSES 248,812. FUNDRAISING EXPENSES 103,988. TOTAL EXPENSES 450,000. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,036. FUNDRAISING EXPENSES 10,542. TOTAL EXPENSES 23,578.