2026-05-14T16:08:52-05:00 2025-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 810 WRIGHTS SUMMIT PARKWAY SUITE 300 FORT WRIGHT KY 41011 990 2024-07-01 141908351 ALPHA SIGMA PHI FOUNDATION INC ALPH 3178431911 710 ADAMS STREET CARMEL IN 46032 GORDON F HEMINGER PRESIDENT/CEO 3178431911 2026-05-14 1 0 BRYAN PAUTSCH P00034913 8593313300 2024 2025-03-06 01:10:19Z GORDON F HEMINGER 710 ADAMS STREET CARMEL IN 46032 5330513 0 X WWW.ALPHASIGMAPHI.ORG X 1945 IN THE FOUNDATION'S MISSION IS TO PROMOTE EDUCATION AND LEADERSHIP WITHIN ALPHA SIGMA PHI FRATERNITY. 17 17 0 95 0 0 1047192 1839780 0 0 524159 1136027 75386 69359 1646737 3045166 300000 426713 0 0 0 0 0 0 219744 921559 789139 1221559 1215852 425178 1829314 15585920 17657562 70703 46841 15515217 17610721 THE 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. 0 0 541479 426713 THE 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. 541479 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X KAREN HARDEWIG 3178431911 710 ADAMS STREET CARMEL IN 46032 X KIP ROBERTS CHAIRMAN 1.00 X X 0 0 0 SCOTT BRUMBURGH TREASURER 1.00 X X 0 0 0 BERNIE SCHULTZ SECRETARY 1.00 X X 0 0 0 RODNEY RUSK CHAIRMAN ELECT 1.00 X 0 0 0 KEVIN GARVEY IMMEDIATE PAST CHAIR 1.00 X 0 0 0 BRUCE BARTOO FOUNDATION DIRECTOR 1.00 X 0 0 0 DON BLEVINS FOUNDATION DIRECTOR 1.00 X 0 0 0 JOHN CHANEY FOUNDATION DIRECTOR 1.00 X 0 0 0 COLIN CUNNINGHAM FOUNDATION DIRECTOR 1.00 X 0 0 0 WALLY DANT FOUNDATION DIRECTOR 1.00 X 0 0 0 JAKE GAMBLE FOUNDATION DIRECTOR 1.00 X 0 0 0 SAM LOCKE FOUNDATION DIRECTOR 1.00 X 0 0 0 MATT MAURER FOUNDATION DIRECTOR 1.00 X 0 0 0 JIM MCMAHON FOUNDATION DIRECTOR 1.00 X 0 0 0 MARK STILL FOUNDATION DIRECTOR 1.00 X 0 0 0 BILL WHITE FOUNDATION DIRECTOR 1.00 X 0 0 0 BYRAN WILSON FOUNDATION DIRECTOR 1.00 X 0 0 0 GORDON HEMINGER PRESIDENT/CEO 15.00 X 0 0 0 0 0 0 0 0 0 1 0 1839780 998264 1839780 761726 761726 69359 0 69359 69359 69359 1942474 717174 1390347 895000 552127 -177826 374301 374301 3045166 0 0 1205386 X 382847 382847 43866 43866 25656 14186 11470 473578 97200 261848 114530 10267 5542 4725 17154 6231 10923 13714 2962 6912 3840 1967 1967 26058 26058 50000 10800 25200 14000 37654 37654 TRADEMARK & MEMBERSHIP 61832 61832 CONTRIBUTIONS TO OTHERS 34711 34711 REPAIRS & MAINTENANCE 13769 3804 6110 3855 CREDIT CARD AND BANK FE 13373 13373 9406 3056 6350 1215852 541479 454629 219744 43936 443208 20050 5426 2918 0 10844 10900 1211897 848745 429235 363152 14986078 16775550 92859 59326 15585920 17657562 4188 0 42016 0 24499 46841 70703 46841 X 7413699 9026479 8101518 8584242 15515217 17610721 15585920 17657562 1829314 333468 -52098 -15180 0 X 1 X 0 0 0 X 899771 850246 741867 1047192 944780 4483856 899771 850246 741867 1047192 944780 4483856 4483856 499724 523300 429796 390253 831085 2674158 71657 200 45 6714 78616 7236630 0.61960 0.67560 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: RESIDENTIAL REAL ESTATE DATE: 02/17/25 AMOUNT: 895000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8101518 441270 293056 251458 144 8584242 7651295 758779 883734 172242 153026 8101518 6019194 633234 1385216 248570 137779 7651295 6566347 485099 -758139 139352 134761 6019194 5488825 335299 1158537 117492 185328 113494 6566347 0 0 1180941 817789 363152 30956 30956 0 363152 ANNUITY PAYABLE 20261 DUE TO RELATED PARTY 26580 46841 X 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. 1 ALPHA SIGMA PHI FRATERNITY 710 ADAMS STREET CARMEL IN 46032 314359813 501(C)(7) 382847 0 EDUCATIONAL, LEADERSHIP, AND CHARACTER DEVELOPMENT PROGRAMS 0 1 SCHOLARSHIPS 59 43866 PART I, LINE 2: THE 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. 0 0 0 0 0 0 0 0 0 PART I, LINE 3 THE 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. X 1 103265 FMV X 1 895000 APPRAISED VALUE 1 0 0 0 PART I, COLUMN (B): LINE 9 - NUMBER OF CONTRIBUTIONS LINE 15 - NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S BOARD OF DIRECTORS EXAMINES THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE 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 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO INTERESTED PARTIES UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G SHARED 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.