2022-11-08T10:39:50-05:00 2021-12-31 202061537 STERK & ASSOCIATES CPAS LLC 5064 ROSWELL RD STE B 201 ATLANTA GA 303422266 990 2021-01-01 201217639 BETA PSI FOUNDATION INC BETA 4049626438 10 GLENLAKE PARKWAY STE 130 ATLANTA GA 30328 STRICKLER WARREN TREASURER 4049626438 2022-11-04 true WARREN STRICKLER XXX-XX-XXXX JEFF T LETNER CPA P01253173 4042559363 2022-11-04 2021 2022-09-23 18:48:47Z SHAW ROB 22 BLACK HAWK TRAIL SAVANNAH GA 31411 481112 false X WWW.BETAPSI.ORG X 2004 GA OUR MISSION IS TO PROVIDE SCHOLARSHIP AWARDS TO THE BROTHERS/PLEDGES OF THE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY ON THE BASIS OF SCHOLASTIC ACHIEVEMENT, LEADERSHIP ACHIEVEMENT, OR FINANCIAL NEED AND TO SUPPORT THEIR DEVELOPMENT BY PROVIDING THEM WITH SCHOLASTIC AND LEADERSHIP RELATED TRAINING PROGRAMS AND FACILITIES, THEREBY GIVING THEM THE BEST POSSIBLE FOUNDATION FOR THEIR SUCCESS. 21 21 0 23 0 139445 126050 0 41463 202372 0 180908 328422 41200 46400 0 0 0 0 89199 60677 130399 107077 50509 221345 1975074 2254139 1400 13590 1973674 2240549 X OUR MISSION IS TO PROVIDE SCHOLARSHIP AWARDS TO THE BROTHERS/PLEDGES OF THE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY ON THE BASIS OF SCHOLASTIC ACHIEVEMENT, LEADERSHIP ACHIEVEMENT, OR FINANCIAL NEED AND TO SUPPORT THEIR DEVELOPMENT BY PROVIDING THEM WITH SCHOLASTIC AND LEADERSHIP RELATED TRAINING PROGRAMS AND FACILITIES, THEREBY GIVING THEM THE BEST POSSIBLE FOUNDATION FOR THEIR SUCCESS. false false 72016 46400 IN 2021, THE FOUNDATION WAS PLEASED TO AWARD A TOTAL OF 36,400 IN SCHOLARSHIPS TO UNDERGRADUATES OF GEORGIA TECH, PROVIDED A GRANT OF 10,000 TO THE SIGMA CHI FOUNDATION TO SUPPORT KEY LEADERSHIP AND SCHOLARSHIPS PROGRAMS PROVIDED UNDERGRADUATES OF THE BETA PSI CHAPTER, HOSTED A RECOGNITION DINNER FOR THESE SCHOLARSHIP RECIPIENTS, AT A NET GAIN TO THE FOUNDATION OF 7,541 AND COORDINATED A LEADERSHIP WORKSHOP FOR THE UNDERGRADUATE MEMBERS AT A COST OF 13,574. NON-PROGRAM EXPENSES FOR 2020 TOTALED 39,561. 72016 true true false false false false false false false false false false true false true false false false false false false false false false false false false true true false false false false false false true false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true false false false false false GA X X STRICKLER WARREN 4049626438 3636 PEACHTREE ROAD 201 ATLANTA GA 30319 X SHAW ROB PRESIDENT 1.00 X X 0 0 0 RANKIN ROBBY VICE-PRESIDE 1.00 X X 0 0 0 STRICKLER WARREN TREASURER 1.00 X X 0 0 0 LOCKWOOD CHARLIE FINANCE 1.00 X 0 0 0 HUSSEY TOM FINANCE 1.00 X 0 0 0 HIGGINS RICK FUNDRAISING 1.00 X 0 0 0 EANES SCOTT FUNDRAISING 1.00 X 0 0 0 KINSEY JOE FUNDRAISING 1.00 X 0 0 0 SULLIVAN JIM FUNDRAISING 1.00 X 0 0 0 ODANIEL KEITH DISBURSEMENT 1.00 X 0 0 0 THURMAN MARK DISBURSEMENT 1.00 X 0 0 0 STEWART MATTHEW DISBURSEMENT 1.00 X 0 0 0 HEILIG TIM FOUNDATION R 1.00 X 0 0 0 DAVIS GREG FOUNDATION R 1.00 X 0 0 0 MADEWELL ALAN FOUNDATION R 1.00 X 0 0 0 SANDUSKY TAYLOR FOUNDATION R 1.00 X 0 0 0 SWIFT BOB FOUNDATION R 1.00 X 0 0 0 VLASS BARRY FOUNDATION R 1.00 X 0 0 0 DOANE GEORGE FOUNDATION R 1.00 X 0 0 0 JACKSON KEITH FUNDRAISING 1.00 X 0 0 0 MITCHELL ROBERT FUNDRAISING 1.00 X 0 0 0 SPARROW CLAY FUNDRAISING 1.00 X 0 0 0 false false false 126050 126050 35046 35046 312754 7262 152690 160064 7262 167326 167326 328422 202372 X 10000 10000 36400 36400 1690 1690 11391 11391 22197 4500 17697 4257 4257 7541 7541 26 26 LEADERSHIP W.SHOP MEALS 11945 11945 LEADERSHIP W.SHOP MATERIA 1630 1630 107077 72016 35061 0 128409 167500 1828662 2068832 18003 17807 1975074 2254139 1400 13590 1400 13590 X 1973674 2240549 1973674 2240549 1975074 2254139 X 221345 45946 -416 X false false X 131678 145765 147429 139445 126050 690367 131678 145765 147429 139445 126050 690367 176373 513994 28960 33602 40224 32234 35046 170066 860433 0.59740 0.59900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RAYMOND JAMES - 4804 1765467 F RAYMOND JAMES - 8880 252373 F RAYMOND JAMES - 8798 50992 F 2068832 OTHER LIABILITIES 13590 13590 true SIGMA CHI FOUNDATION 1714 HINMAN AVENUE EVANSTON IL 60201 362208386 501(C) 10000 SUPPORT PROGRAMS SCHOLARSHIPS 30 36400 SCHEDULE I, PAGE 1, PART I, LINE 2 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 SCHEDULE I, PAGE 4, PART IV 2021 SCHOLARSHIP RECIPIENTS: JANUARY 1 THRU DECEMBER 31, 2021 . ALEX MESSMAN - 1,000 ALEX ZAMORA - 800 ATTISON GROH - 350 BENNETT JONES - 2,350 CHARLIE FINN - 1,350 CHARLIE LINDBERG - 350 COLE CAMPBELL - 750 CONNOR DUFFY - 1,850 CONNOR WHITE - 1,450 DANIEL SMITH - 800 DAVIS MASSEY - 700 DAVIS PALMIE - 1,800 DYLAN KYNOCH - 800 GEORGE DOANE - 1,450 JACKSON FISHER - 1,450 JOHN WASHBURNE - 350 JOSH BRENT - 1,100 JUSTIN KAPLIN - 2,500 LUCAS HARPER - 750 MATT DOVALE - 2,050 NATHAN KITTS - 1,450 NICHOLAS KELHOFER - 1,450 ORION SUN - 500 REGAN IMSAND - 700 RILEY KNIGHT - 700 ROBBIE VAN ZYL - 1,450 SAM RODMAN - 700 SLOAN MARTIN - 2,250 STEVEN SHAH - 700 WESLEY O'HARA - 2,500 GLENN A MERRITT RAYMOND JAMES FINANCIAL ADVIS 11391 FINANCIAL SERVICES false SCHEDULE L, PART V THE FOUNDATION'S ENDOWMENT AND OPERATING ACCOUNTS ARE WITH RAYMOND JAMES. GLEN MERRIT, A FORMER OFFICER AND TRUSTEE OF THE FOUNDATION, IS AN ACCOUNT EXECUTIVE WITH RAYMOND JAMES AND IS RESPONSIBLE FOR OUR ACCOUNT. THE ACCOUNT WAS AWARDED TO RAYMOND JAMES AFTER THE EXECUTIVE COMMITTEE REVIEWED PROPOSALS FROM SEVERAL INVESTMENT FIRMS AND THE BOARD APPROVED RAYMOND JAMES PROPOSAL, FOLLOWING FULL DISCLOSURE OF MR. MERRITT'S RELATIONSHIP. QUARTERLY RESULTS ARE MONITORED BY THE FINANCE COMMITTEE, CHAIRED BY OWEN HERRIN. FORM 990 - ORGANIZATION'S MISSION OUR MISSION IS TO PROVIDE SCHOLARSHIP AWARDS TO THE BROTHERS/PLEDGES OF THE BETA PSI CHAPTER OF THE SIGMA CHI FRATERNITY ON THE BASIS OF SCHOLASTIC ACHIEVEMENT, LEADERSHIP ACHIEVEMENT, OR FINANCIAL NEED AND TO SUPPORT THEIR DEVELOPMENT BY PROVIDING THEM WITH SCHOLASTIC AND LEADERSHIP RELATED TRAINING PROGRAMS AND FACILITIES, THEREBY GIVING THEM THE BEST POSSIBLE FOUNDATION FOR THEIR SUCCESS. FORM 990, PAGE 6, PART VI, LINE 11B 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, PAGE 6, PART VI, LINE 12C 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, PAGE 6, PART VI, LINE 19 AVAILABLE AT PRINCIPAL OFFICE. FORM 990, PART IX, LINE 11G CONSULTING SERVICES 4,500 17,697 0 FORM 990, PART XI, LINE 9 BOOK/TAX DIFFERENCES -416