2020-09-14T09:03:37-05:00 2019-12-31 202061537 STERK & ASSOCIATES CPAS LLC 5064 ROSWELL RD STE B 201 ATLANTA GA 303422266 990 2019-01-01 201217639 BETA PSI FOUNDATION INC BETA 4049626438 10 GLENLAKE PARKWAY STE 130 ATLANTA GA 30328 STRICKLER WARREN TREASURER 4049626438 2020-06-17 true JEFF T LETNER CPA P01253173 4042559363 2020-09-03 167.68.16.49 2020-09-14 09:03:37 CD P B5AF86BE4C7E2721889D34699BB1C63A1848B6CE 0DCA490E9373A7591DCCC7F3C9A7ECDE516AAE9B 2019 2021-01-29 14:40:06Z PASCUTTI PAUL 10 GLENLAKE PARKWAY STE 130 ATLANTA GA 30328 450782 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. 16 16 0 35 0 145765 147429 0 44735 88125 0 190500 235554 39950 50200 0 0 0 5937 67866 68108 107816 118308 82684 117246 1482483 1762805 2314 3275 1480169 1759530 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 81473 50200 IN 2019, THE FOUNDATION WAS PLEASED TO AWARD A TOTAL OF 30,200 IN SCHOLARSHIPS TO UNDERGRADUATES OF GEORGIA TECH, PROVIDED A GRANT OF 20,000 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 3,611 AND COORDINATED A LEADERSHIP WORKSHOP FOR THE UNDERGRADUATE MEMBERS AT A COST OF 22,510. NON-PROGRAM EXPENSES FOR 2019 TOTALED 20,877. 81473 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 16 16 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 MARTIN DOUG TRUSTEE 1.00 X 0 0 0 CLEMENTS FRANK TRUSTEE 1.00 X 0 0 0 FERRIS BRAD TRUSTEE 1.00 X 0 0 0 LEVERETT MIKE TRUSTEE 1.00 X 0 0 0 ODANIEL KEITH TRUSTEE 1.00 X 0 0 0 SHAW KEVIN TRUSTEE 1.00 X 0 0 0 PASCUTTI PAUL PRESIDENT 1.00 X X 0 0 0 FARR LLOYD IMMED PAST P 1.00 X X 0 0 0 HIGGINS RICK FUNDRAISING 1.00 X X 0 0 0 ASIP JIMMY VICE-PRESIDE 1.00 X X 0 0 0 STRICKLER WARREN TREASURER 2.00 X X 0 0 0 HERRIN OWEN FINANCE - CH 1.00 X X 0 0 0 JAMES DUNCAN DISBURSEMENT 1.00 X X 0 0 0 SHAW ROB RELATIONS CO 1.00 X X 0 0 0 QUINTRELL BAILEY CHAPTER ADVI 1.00 X X 0 0 0 PALMIE DAVIS CONSULTANT 1.00 X X 0 0 0 PRESTRIDGE PATRICK CONSULTANT 1.00 X X 0 0 0 false false false 147429 147429 40224 40224 263129 215228 47901 47901 47901 235554 88125 X 20000 20000 30200 30200 1458 1458 10021 10021 21295 5152 10206 5937 8675 8675 378 378 10 10 3761 3611 150 LEADERSHIP W.SHOP MEALS 16755 16755 LEADERSHIP W.SHOP LODGING 2253 2253 LEADERSHIP W.SHOP MATERIA 2052 2052 LEADERSHIP W.SHOP TRANSP 1450 1450 118308 81473 30898 5937 162921 153538 1311117 1598676 8445 10591 1482483 1762805 2314 3275 2314 3275 X 1480169 1759530 1480169 1759530 1482483 1762805 117246 162115 X false false X 106981 102745 131678 145765 147429 634598 106981 102745 131678 145765 147429 634598 155519 479079 27600 26384 28960 33602 40224 156770 791368 0.60540 0.75590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RAYMOND JAMES - 4804 1448391 F RAYMOND JAMES - 8880 101436 F RAYMOND JAMES - 8798 48849 F 1598676 OTHER LIABILITIES 3275 3275 true SIGMA CHI FOUNDATION 1714 HINMAN AVENUE EVANSTON IL 60201 362208386 501(C) 20000 SUPPORT PROGRAMS SCHOLARSHIPS 28 30200 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 2019 SCHOLARSHIP RECIPIENTS: JANUARY 1 THRU DECEMBER 31, 2019 . AIDAN MCGANNON - 800 ALEX REFEEDIE - 750 ALEXANDER CHRISTIANSON - 700 BLAKE MORAIN - 750 CHARLES FELDNER - 1,450 CLARK SANDERSON - 700 COLBY TURNER - 1,000 CONNOR MORGAN - 700 DANIEL SMITH - 2,250 DAVIS MASSEY - 700 DAVIS PALMIE - 2,300 HAIGH ANGELL - 750 HUNTER PODLIN - 1,300 JAMES WESTBROOKS - 700 JOHN STAUFFER - 700 JOSEPH SHAVER - 3,100 MASON WILLIAMS - 1,000 MATT DOVALE - 500 MATTHEW NUESE - 1,500 NATHAN SETTLAGE - 700 NICHOLAS RANDALL - 1,800 PATRICK PRESTRIDGE - 1,550 PRUITT MARTIN - 750 REAGAN IMSAND - 800 ROSS YOUNG - 700 SAMUEL RODMAN - 750 WILL SHARON - 700 WILLIAM HAYNES - 800 GLENN A MERRITT RAYMOND JAMES FINANCIAL ADVIS 10021 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 TAG - SERVICES 5,152 10,206 5,937