2012-10-02T16:09:00-05:00 2011-12-31 941585562 PISENTI & BRINKER LLP 201 FIRST STREET SUITE 208 PETALUMA CA 94952 990 2011-01-01 201194576 IOTA FOUNDATION CO PISENTI & BRINKER LLP IOTA 7077629900 201 FIRST STREET No 208 PETALUMA CA 94952 STEPHEN HARPER 7077629900 2012-09-25 1 RAYMOND POUNDS P00459430 7077629900 2011 2016-02-24 21:20:13Z STEPHEN HARPER 201 FIRST STREET No 208 PETALUMA CA 94952 27777 0 X WWW.IOTAFOUNDATION.COM X 2004 CA The Iota Foundation's mission is to (a) support the educational and charitable programs and activities of the Iota Chapter of Zeta Psi Fraternity (the "Fraternity") at the University of California, Berkeley (Berkeley); (b) promote and further academic excellence at Berkeley; (c) provide academic scholarships and support to qualified needy and deserving individuals; (d) conduct and support the charitable and other community service programs and projects of the Fraternity and Berkeley; and (e) performing such other activities as are consistent with its exempt purposes. 7 7 0 7 0 0 197694 16758 0 0 1336 286 7605 5475 206635 22519 5000 362889 0 0 0 0 16333 0 6117 14087 15754 35420 378643 171215 -356124 936336 580212 0 0 936336 580212 X The Foundation's mission is to (a) support the educational and charitable programs and activities of the Iota Chapter of Zeta Psi Fraternity (the "Fraternity") at the University of California, Berkeley (Berkeley); (b) promote and further academic excellence at Berkeley; (c) provide academic scholarships and support to qualified needy and deserving individuals; (d) conduct and support the charitable and other community service programs and projects of the Fraternity and Berkeley; and (e) performing such other activities as are consistent with its exempt purposes. 0 0 362889 Support of the Zeta Psi Fraternity at the University of California, Berkeley 362889 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CA X RAYMOND POUNDS CO PISENTI & BRINK 7077629900 201 FIRST STREET SUITE 208 PETALUMA CA 94952 X STEPHEN HARPER 2.00 X X 0 0 0 MIKE MARINO 1.00 X 0 0 0 RAY POUNDS 2.00 X X 0 0 0 GARY STORM 1.00 X 0 0 0 SAM SKINNER 1.00 X 0 0 0 GREIG LAGOMARSINO 1.00 X 0 0 0 ANDREW JONES 1.00 X 0 0 0 0 0 0 0 0 0 0 0 16758 16758 435 435 5109 5258 -149 -149 -149 OTHER 711300 5475 5475 5475 22519 5475 0 286 362889 362889 3100 3100 6283 6283 254 254 6117 6117 378643 362889 9637 6117 271155 49697 626306 528667 38875 1848 936336 580212 0 0 X 936336 580212 936336 580212 936336 580212 -356124 0 X 0 0 0 X 250250 602925 197694 16758 1067627 250250 602925 197694 16758 1067627 1067627 159 1336 286 1781 9845 7605 5475 22925 1092333 0.97740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 ZETA PSI ALUMNI ASSOCIATION PO BOX 635 ORINDA CA 94563 946085814 501(C)(7) 362889 FOR THE IMPROVEMENT AND MAINTENANCE OF THE EDUCATIONAL PORTIONS OF THE IOTA CHAPTER FRATERNITY HOUSE. 0 1 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE IOTA FOUNDATION GRANTED $362,889 TO THE ZETA PSI ALUMNI ASSOCIATION FOR THE PURCHASE, CONSTRUCTION AND MAINTENANCE OR IMPROVEMENTS AND OPERATING EXPENSES OF THE EDUCATIONAL PORTIONS OF THE IOTA CHAPTER FRATERNITY HOUSE LOCATED AT 2728 BANCROFT WAY, BERKELEY, CALIFORNIA. THE GRANT APPLICATION WAS SUBMITTED AND APPROVED DURING A BOARD MEETING AFTER SUBMISSION OF RELATED EXPENSES AND DOCUMENTATION BY THE ZETA PSI ALUMNI ASSOCIATION. RAYMOND POUNDS CURRENT DIRECTOR 3100 POUNDS IS A PARTNER IN THE FIRM PROVIDING TAX AND ACCOUNTING SERVICES TO THE ORGANIZATION; WORK IS PERFORMED IN THE NORMAL COURSE OF BUSINESS AND ON THE SAME TERMS AS GENERALLY OFFERED TO THE PUBLIC. 0 Form 990, Part VI, Section B, line 11 The Foundation's governing body reviews the Form 990 prior to the filing of the return. Form 990, Part VI, Section B, line 12 During the tax year, the Iota Foundation worked to develop a conflict-of-interest policy, including a process for regular and consistent monitoring and enforcement of compliance with the policy. In June 2012, prior to the filing of this return, a policy was formally adopted by the board. Form 990, Part VI, Section C, line 18 The Foundation makes available its governing documents and financial statements to the public upon request. Form 990, Part VI, Section C, line 19 The Foundation makes available its Forms 1023 and 990 to the public upon request. Whistleblower and Document Retention and Destruction Policies Form 990, Part VI, Section B, Lines 13 and 14 During the tax year, the Iota Foundation worked to develop a number of policies, including a whistleblower and document retention and destruction policy. In June 2012, prior to the filing of this return, both policies were formally adopted by the board. ZETA PSI ALUMNI ASSOCIATION PO BOX 635 ORINDA CA 94563 946085814 PROVIDE FURNISHED STUDENT HOUSING FOR IOTA CHAPTER OF ZETA PSI FRATERNITY CA 501(c)(7) N/A 0 HENRY W SABIN - ZETA PSI SCHOLARSHIP FUND One Embarcadero Center Suite 4000 SAN FRANCISCO CA 94111 237418818 SCHOLARSHIP GRANTS TO UNDERGRADS ATTENDING THE UNIV. OF CA, BERKELEY CA 501(c)(3) Line 5 N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ZETA PSI ALUMNI ASSOCIATION B 362889 GRANT FOR EDUCATIONAL PURPOSES ZETA PSI ALUMNI ASSOCIATION D 91111 LOAN FOR ONGOING IMPROVEMENTS