2026-06-22T14:51:28+00:00 2025-12-31 580692043 Mauldin & Jenkins LLC 200 Galleria Parkway Suite 1700 Atlanta GA 30339 990 2025-01-01 201217639 Beta Psi Foundation Inc BETA 4049626438 1151 Hammond Drive NE 24 Atlanta GA 30346 Tom Turco President 2026-06-22 true Melissa Seward P02145103 7709558600 2026-06-16 2025 2025-03-06 01:10:19Z Tom Turco 1151 Hammond Drive NE 24 Atlanta GA 30346 234935 false X WWW.BETAPSI.ORG X 2004 GA PROMOTE, ENCOURAGE, AND SUPPORT EDUCATIONAL ACTIVITIES FOR THE BILL GEORGE BETA PSI CHAPTER. 20 20 0 20 0 159477 158853 0 0 62040 74932 3953 475 225470 234260 108238 80700 0 0 0 0 0 0 0 150031 165818 258269 246518 -32799 -12258 2476675 2696840 16640 31450 2460035 2665390 OUR MISSION IS TO PROMOTE AND ENHANCE EDUCATIONAL OPPORTUNITIES FOR ACTIVE BROTHERS AND PLEDGES OF THE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY AT THE GEORGIA INSTITUTE OF TECHNOLOGY. false false 138698 80700 THE BETA PSI FOUNDATION PROMOTES, ENCOURAGES AND SUPPORTS EDUCATIONAL ACTIVITIES FOR THE BILL GEORGE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY BY BOTH AWARDING SCHOLARSHIPS AND STUDENT AID AND DEVELOPING FUTURE LEADERS. IN 2025, THE FOUNDATION AWARDED $80,700 IN SCHOLARSHIPS TO GEORGIA TECH UNDERGRADUATES. BY HOSTING VARIOUS SOCIAL AND NETWORKING ACTIVITIES WITH ALUMNI AND THE UNDERGRADUATE CHAPTER, BROTHERHOOD IS FOSTERED AMONG ALUMNI AND UNDERGRADUATE BROTHERS. ADDITIONALLY, THE FOUNDATION ENCOURAGES LEADERSHIP FOR LIFE, WHICH PROMOTES CONTINUED INVOLVEMENT FROM BETA PSI ALUMNI IN THE LIVES AND DEVELOPMENT OF BROTHERS AND PLEDGES. 138698 true true false false false false false false false true false false false false false true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 2 0 true 0 false false false false false false false false false false false false X 20 20 false false false false false false false true true false false false true true true true false false false false false false GA X ALICIA GILBERT 4049626438 1151 HAMMOND DRIVE NE STE 240 ATLANTA GA 30346 X Alan Madewell VP, Foundation Relations 6.0 X X 0 0 0 Greg Davis President 2.5 X X 0 0 0 JD Richey VP, Finance & Investments 2.0 X X 0 0 0 Joe DeLisle VP, Fundraising 4.0 X X 0 0 0 Joe Kinsey Immediate Past President 1.0 X X 0 0 0 Joe Smyth VP, Disbursements 2.0 X X 0 0 0 Robby Rankin VP, Governance (Interim President) 5.5 X X 0 0 0 Tom Turco President-elect 5.0 X X 0 0 0 Warren Strickler Treasurer 5.0 X X 0 0 0 Barry Vlass Director 0.3 X 0 0 0 Bob Swift Director 1.0 X 0 0 0 Carlos Navarro Director 1.0 X 0 0 0 Charlie Burgamy Director 1.0 X 0 0 0 Charlie Lockwood Director 2.0 X 0 0 0 Clay Sparrow Director 1.0 X 0 0 0 Davis Palmie Director 1.5 X 0 0 0 Keith Jackson Director 6.0 X 0 0 0 Marc Smith Director 0.5 X 0 0 0 Matthew Stewart Director 1.1 X 0 0 0 Rob Heusel Director 1.5 X 0 0 0 Scott Lowery Director 2.0 X 0 0 0 0 0 0 0 false false false 0 158853 158853 0 0 0 0 0 74932 74932 0 0 0 0 0 1150 675 475 475 0 0 0 0 0 234260 0 0 75407 X 80700 80700 0 0 25600 25600 9973 9973 56910 0 56910 0 9400 9400 4125 4125 8190 8190 49808 49808 1812 1812 0 0 0 0 246518 138698 107820 0 99451 105306 28770 28500 3500 0 0 0 0 0 8513 6065 0 0 0 0 2336441 2556011 0 0 0 958 2476675 2696840 16640 31450 0 0 0 0 16640 31450 X 385296 432735 2074739 2232655 2460035 2665390 2476675 2696840 -12258 217613 0 X false true true false X 126050 148063 197996 159477 158853 790439 0 0 0 0 126050 148063 197996 159477 158853 790439 136417 654022 35046 36088 10409 13230 74932 169705 3953 475 4428 0 0 0 0 0 0 964572 0 0.67804 0.69742 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1639309 229157 54016 1814450 1501349 7125 177477 46642 1639309 0 1501349 1501349 0 0 0 0 0.0 0.5773 0.4227 false false 0 X 422918 217613 -28955 188658 234260 0 0 234260 217563 0 0 217563 28955 28955 246518 Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS THAT PROVIDE GUIDANCE ON WHEN UNCERTAIN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. NO LIABILITY HAS BEEN RECORDED AS OF DECEMBER 31, 2025 DUE TO UNCERTAIN TAX POSITIONS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Awards Dinner Expense - -28955 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Awards Dinner Expense - 28955 true Scholarships 31 80700 Schedule I, Part III SCHOLARSHIP RECIPIENTS ARE SELECTED USING A BLIND APPLICATION REVIEW PROCESS. SCHOLARSHIP AWARDS ARE DISBURSED DIRECTLY TO THE SCHOOL. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE BOARD OF DIRECTORS SHALL GATHER AND ANALYZE FACTS AND CONDUCT SUCH INVESTIGATION AND RESEARCH FROM TIME TO TIME THAT MAY BE NECESSARY IN ORDER TO DETERMINE THE MOST EFFECTIVE USE OF GRANT FUNDS. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS PROVIDED TO EACH INDIVIDUAL BOARD MEMBER BEFORE FILING FOR THEIR REVIEW. BOARD REVIEWS THE FORM 990 AT THE FIRST BOARD MEETING AFTER ITS PREPARATION. Form 990, Part VI, Line 12c Conflict of interest policy EACH TRUSTEE IS REMINDED OF THE CONFLICT OF INTEREST POLICY AND ASKED TO REPORT ANY POSSIBLE CONFLICT OF INTEREST ON AN ANNUAL BASIS. THE BOARD APPROVES ALL SIGNIFICANT CONTRACTS. THE PRESIDENT, CHAIRMAN OF THE FINANCE COMMITTEE AND THE TREASURER REVIEW ALL DISBURSEMENTS. Form 990, Part VI, Line 19 Required documents available to the public AVAILABLE AT PRINCIPAL OFFICE. Form 990, Part IX, Line 11g Other Fees CONSULTING - Total Expense: 56910, Program Service Expense: , Management and General Expenses: 56910, Fundraising Expenses: ; Form 990, Part XII, Line 2c THERE HAVE BEEN NO CHANGES IN THE AUDITOR SELECTION NOR OVERSIGHT PROCESS.