2021-11-19T10:02:36-06:00 2020-12-31 202061537 STERK & ASSOCIATES CPAS LLC 5064 ROSWELL RD STE B 201 ATLANTA GA 303422266 990 2020-01-01 201217639 BETA PSI FOUNDATION INC BETA 4049626438 10 GLENLAKE PARKWAY STE 130 ATLANTA GA 30328 STRICKLER WARREN TREASURER 4049626438 2021-11-02 true WARREN STRICKLER XXX-XX-XXXX JEFF T LETNER CPA P01253173 4042559363 2021-11-19 2020 2022-09-23 18:48:47Z SHAW ROB 22 BLACK HAWK TRAIL SAVANNAH GA 31411 288462 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 147429 139445 0 88125 41463 0 235554 180908 50200 41200 0 0 0 0 68108 89199 118308 130399 117246 50509 1762805 1975074 3275 1400 1759530 1973674 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 92453 41200 IN 2020, THE FOUNDATION WAS PLEASED TO AWARD A TOTAL OF 31,200 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 4,463 AND COORDINATED A LEADERSHIP WORKSHOP FOR THE UNDERGRADUATE MEMBERS AT A COST OF 40,364. NON-PROGRAM EXPENSES FOR 2020 TOTALED 37,946. 92453 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 2.00 X X 0 0 0 QUINTRELL BAILEY CHAPTER ADIV 1.00 X 0 0 0 ZAMORA ALEX CONSULTANT 1.00 X 0 0 0 LOCKWOOD CHARLIE FINANCE 1.00 X 0 0 0 HUSSEY TOM FINANCE 1.00 X 0 0 0 ASIP JIMMY FUNDRAISING 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 FOUTS NICK DISBURSEMENT 1.00 X 0 0 0 ODANIEL KEITH DISBURSEMENT 1.00 X 0 0 0 THURMAN MARK DISBURSEMENT 1.00 X 0 0 0 JAMES DUNCAN 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 false false false 139445 139445 32234 32234 116783 107554 9229 9229 9229 180908 41463 X 10000 10000 31200 31200 1863 1863 9233 9233 26978 4500 22478 3456 3456 146 146 27 27 7132 6389 743 LEADERSHIP W.SHOP MEALS 18329 18329 LEADERSHIP W.SHOP L4 V.P. 17985 17985 LEADERSHIP W.SHOP LODGING 2368 2368 LEADERSHIP W.SHOP TRANSP 1490 1490 192 192 130399 92453 37946 0 153538 128409 1598676 1828662 10591 18003 1762805 1975074 3275 1400 3275 1400 X 1759530 1973674 1759530 1973674 1762805 1975074 50509 163635 X false false X 102745 131678 145765 147429 139445 667062 102745 131678 145765 147429 139445 667062 170793 496269 26384 28960 33602 40224 32234 161404 828466 0.59900 0.60540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RAYMOND JAMES - 4804 1599086 F RAYMOND JAMES - 8880 178482 F RAYMOND JAMES - 8798 51094 F 1828662 OTHER LIABILITIES 1400 1400 true SIGMA CHI FOUNDATION 1714 HINMAN AVENUE EVANSTON IL 60201 362208386 501(C) 10000 SUPPORT PROGRAMS SCHOLARSHIPS 35 31200 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 2020 SCHOLARSHIP RECIPIENTS: JANUARY 1 THRU DECEMBER 31, 2020 . AIDAN MCGANNON - 800 ALEX ZAMORA - 1,000 AUSTIN NASH - 600 BENNETT JONES - 500 BROOKS BUCKELEW - 500 COLBY TURNER - 600 CONNOR WHITE - 1,100 CRAIG CASSIDY - 500 DANIEL SMITH - 1,400 DANIEL WOODS - 500 DAVIS PALMIE - 3,200 DYLAN KNOCH - 800 EVEN ZAPPA - 500 GEORGE DOANE - 1,250 HAIGH ANGELL - 600 JAROD THORNTON - 600 JOHN LEAL - 750 JOHN STAUFFER - 600 JOSEPH SHAVER - 1,800 JUSTIN KAPLAN - 500 MASON WILLIAMS - 1,000 MATTHEW DOVALE - 2,200 MATTHEW NUESE - 700 NICHOLAS KATINSKY - 250 NOCOLAS KELHOFER - 250 PATRICK PRESTRIDGE - 1,400 PRUITT MARTIN - 1,100 REAGAN IMSAND - 1,300 ROSS CEFALU - 800 SEAN CODY - 600 STAVAN SHAH - 500 TRENTON HARGRAVES - 1,300 WALKER BUTIN - 250 WESLEY O'HARA - 950 WILL DUPREE - 500 GLENN A MERRITT RAYMOND JAMES FINANCIAL ADVIS 9233 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 22,478 0