2024-05-14T11:32:31-05:00 2023-06-30 320043599 LEGACY PROFESSIONALS LLP 4 WESTBROOK CORPORATE CTR STE 700 WESTCHESTER IL 60154 990 2022-07-01 362208386 SIGMA CHI FOUNDATION SIGM 8478693655 1714 HINMAN AVENUE EVANSTON IL 60201 JOHN PRICE PRESIDENT AND GENERAL COUNSEL 8478693655 2024-05-14 1 JOHN PRICE 999009999 0 CHRISTINE V ERNST P01725863 3123680500 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN PRICE 1714 HINMAN AVENUE EVANSTON IL 60201 20133532 0 X WWW.SIGMACHI.ORG/FOUNDATION X 1939 CO PROMOTE HIGHER EDUCATION 20 19 31 0 0 0 9606537 11304888 107986 184979 647867 1181662 0 0 10362390 12671529 6855981 6458199 0 0 3040537 2975658 70000 80000 1852170 1731406 2339413 11697924 11853270 -1335534 818259 41148904 37370178 6528440 2589773 34620464 34780405 THE SIGMA CHI FOUNDATION SOLICITS FINANCIAL RESOURCES, PROVIDES FAITHFUL STEWARDSHIP, AND ENGAGES IN EXEMPLARY ETHICAL PRACTICES IN SUPPORT OF SIGMA CHI AND LEADERSHIP DEVELOPMENT. 0 0 8033853 6458199 THE FOUNDATION ANNUALLY SUPPORTS EDUCATIONAL GRANTS THAT FUND VALUES-BASED LEADERSHIP TRAINING PROGRAMS FOR MEMBERS OF SIGMA CHI FRATERNITY. IN ADDITION, THE FOUNDATION DIRECTLY FUNDS ACADEMIC SCHOLARSHIPS AND MAKES GRANTS TO SUPPORT EDUCATIONAL FACILITIES AT CHAPTER HOUSES IN THE UNITED STATES. THE FOUNDATION ALSO MAINTAINS A MUSEUM OF HISTORICAL OBJECTS AND MATTERS. 8033853 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 31 1 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JOHN PRICE 8478693655 1714 HINMAN AVE EVANSTON IL 60201 JEFFREY T GILL VICE CHAIRMAN (PAST)/ BOARD MEMBER 1.00 X X 0 0 0 JOE W MARTIN BOARD MEMBER 1.00 X 0 0 0 KIM A CALDWELL TREASURER (PAST) 1.00 X X 0 0 0 MICHAEL GREENBERG BOARD MEMBER 1.00 X 0 0 0 DANIEL P WALSH BOARD MEMBER 1.00 X 0 0 0 JOHN D PETERSON BOARD MEMBER 1.00 X 0 0 0 JEFFREY S MUIR BOARD MEMBER (PAST)/ CHAIRMAN (NEW) 1.00 X X 0 0 0 ROBERT D JOHNSON BOARD MEMBER (PAST CHAIRMAN) 1.00 X 0 0 0 ROBERT E JOSEPH PARLIMENTARIAN (PAST)/ BOARD MEMBER 1.00 X 0 0 0 RANDALL COPPERSMITH BOARD MEMBER 1.00 X 0 0 0 STEPHEN W GOODROE BOARD MEMBER 1.00 X 0 0 0 JOHN K FORST CHAIRMAN (PAST) 1.00 X X 0 0 0 JOSEPH J DURZO BOARD MEMBER (PAST) 1.00 X 0 0 0 MICHAEL A URSILLO BOARD MEMBER 1.00 X 0 0 0 MARK V ANDERSON BOARD MEMBER 1.00 X 0 0 0 C LOREN BUTLER BOARD MEMBER 1.00 X 0 0 0 HON JOHN A KOSKINEN BOARD MEMBER (PAST)/ TREASURER (NEW) 1.00 X X 0 0 0 JOHN C PASQUANTINO BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER M WALTERS BOARD MEMBER 1.00 X 0 0 0 CHARLES R STAMP JR BOARD MEMBER 1.00 X 0 0 0 MARK QUINER PARLIAMENTARIAN (NEW) 1.00 X 0 0 0 JIM LUCE BOARD MEMBER (NEW) 1.00 X 0 0 0 JOHN PRICE PRESIDENT AND GENERAL COUNSEL & SECRETARY (PAST) 37.50 X 247734 0 40596 JAMES ASHLEY WOODS CEO AND PRESIDENT - PAST 37.50 X 339587 0 25469 ROBERT S RODGERS CONTROLLER 37.50 X 131454 0 21341 GREGORY MORGAN SENIOR DIRECTOR OF PRINCIPAL MAJOR GIFTS 37.50 X 185510 0 13913 STEPHEN DAVIDSON RMF EXECUTIVE DIRECTOR 37.50 X 180718 0 28696 QUENTIN JAY FORD CHIEF MARKETING OFFICER 37.50 X 203223 0 15242 JAMES C LAWSON DIRECTOR OF DEVELOPMENT 37.50 X 153482 0 24050 1441708 0 169307 10 0 1 0 0 11304888 108778 11304888 RENTAL INCOME 531120 184979 184979 184979 220001 220001 8423664 7462003 961661 961661 961661 12671529 0 0 1366641 4386868 4386868 2066331 2066331 5000 5000 653385 261354 261354 130677 1941218 495821 510071 935326 119211 36256 36256 46699 196593 65521 61148 69924 65251 65251 97415 97415 291213 291213 80000 80000 70003 70003 340239 134476 54632 151131 179807 37685 120216 21906 164980 29696 74241 61043 47102 28261 11776 7065 327971 327971 39941 39941 245125 245125 259093 241732 8810 8551 79179 47507 19795 11877 CAMBRIDGE HOUSE 190984 190984 OTHER 6361 6361 11853270 8033853 1967247 1852170 1054576 79092 15693228 20941230 766919 172943 54021 85395 9895057 4988179 5143219 4906878 13114537 7147490 4533641 3260755 47650 35282 741113 741113 41148904 37370178 866306 561771 5662134 2028002 6528440 2589773 X 1193404 2135744 33427060 32644661 34620464 34780405 41148904 37370178 X 818259 -198047 -460271 X 0 1 X 1 0 X 12596290 8431035 12042910 9606537 11304888 53981660 12596290 8431035 12042910 9606537 11304888 53981660 10178394 43803266 460108 517631 429616 551431 404980 2363766 56345426 0.77740 0.83180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 17373382 1517037 592771 962687 246936 18273567 18172921 1412169 -1126414 826253 259041 17373382 16023106 864341 2183887 680964 217449 18172921 15865587 990828 303445 1006364 130390 16023106 11493954 4348349 545100 341443 180373 15865587 0.23000 0.30000 0.47000 0 0 3381712 3381712 4086380 2801840 1284540 2426965 2186339 240626 4906878 PRIVATE EQUITY FUNDS 877845 F HEDGE FUND 18454 F LIMITED PARTNERSHIP 2364456 F 3260755 DUE TO SIGMA CHI FRATERNITY 75939 DUE TO SIGMA CHI LEADERSHIP INSTITUTE 155980 MARGIN LOAN 1789645 DUE TO RISK MANAGEMENT FOUNDATION 6438 2028002 X 11698083 -198047 -460271 -658318 12356401 70003 245125 315128 12671529 11538142 0 11538142 70003 245125 315128 11853270 PART III, LINE 1A: THE FOUNDATION MAINTAINS A LIBRARY AND ARCHIVE CONSISTING OF BOOKS, LETTERS, PHOTOGRAPHS, PORTRAITS, ADMINISTRATIVE RECORDS, RECORDS OF GOVERNING OFFICERS, AUDIO AND VISUAL RECORDINGS OF SIGMA CHI PROGRAMS AND EVENTS, ELECTRONIC RECORDS, ORAL HISTORIES, AND A SMALL NUMBER OF MANUSCRIPT COLLECTIONS. THE FOUNDATION'S COLLECTION IS LOCATED AT THE FOUNDATION'S HEADQUARTERS IN EVANSTON, ILLINOIS. IN ACCORDANCE WITH PROVISIONS OF THE NOT-FOR-PROFIT ENTITIES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE FOUNDATION DOES NOT RECOGNIZE AS REVENUE OR GAINS OR CAPITALIZE DONATED COLLECTION ITEMS. THE TOPIC PROVIDES THAT SUCH DONATIONS NEED NOT BE RECOGNIZED IF THEY ARE ADDED TO COLLECTIONS THAT ARE HELD FOR PUBLIC EXHIBITION, EDUCATION OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED; AND ARE SUBJECT TO A POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART III, LINE 4: THE SIGMA CHI HISTORICAL INITIATIVE WAS ESTABLISHED IN 2005 THROUGH A GRANT FROM THE SIGMA CHI FOUNDATION. THE PRIMARY MISSION OF THE SIGMA CHI HISTORICAL INITIATIVE IS TO PRESERVE TWO AND THREE-DIMENSIONAL ARTIFACTS THAT DOCUMENT THE ORIGINS, DEVELOPMENT, ACHIEVEMENTS, AND ACTIVITIES OF THE SIGMA CHI INTERNATIONAL FRATERNITY CHAPTERS, MEMBERS, AND OPERATIONS. HISTORICAL COLLECTIONS INCLUDE THE ADMINISTRATIVE RECORDS, RECORDS OF GOVERNING OFFICERS, AUDIO AND VISUAL RECORDINGS OF SIGMA CHI PROGRAMS AND EVENTS; ELECTRONIC RECORDS, ORAL HISTORIES, AND A SMALL NUMBER OF MANUSCRIPT COLLECTIONS FROM PERSONS RELATED TO, BUT NOT NECESSARILY EMPLOYED BY, THE SIGMA CHI FOUNDATION AND FRATERNITY. THESE MATERIALS ARE VALUABLE RESOURCES FOR RESEARCHING THE HISTORY OF THE FRATERNITY, THE GREEK WORLD AND THE INFLUENCE OF GREEK LIFE IN ALL FACETS OF U.S. AND CANADIAN LIFE. THE WORK OF THE INITIATIVE IS USED PRIMARILY BY THE STAFF OF SIGMA CHI INTERNATIONAL HEADQUARTERS, BUT IS ALSO AVAILABLE TO THE MEMBERSHIP, ACADEMIC RESEARCHERS, AND ANYONE INTERESTED IN GREEK LIFE IN NORTH AMERICA. PART V, LINE 4: ENDOWMENT REVENUE IS USED TO GRANT SCHOLARSHIPS FOR STUDENTS AND CONDUCT LEADERSHIP TRAINING MEETINGS AND WORKSHOPS. PART X, LINE 2: THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THUS GENERALLY NOT SUBJECT TO TAX. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FOUNDATION TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF NET CONTRIBUTIONS RECEIVABLE PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE - MARGIN LOAN PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE - MARGIN LOAN X 1 CATAPULT FUNDRAISING 2651 GREEN VALLEY PARKWAY HENERSON NV 89014 TELEPHONE SOLICITATIONS 0 214000 80000 134000 214000 80000 134000 IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY AL AK AZ CA CT CO DE FL GA HI IL SCHEDULE G, PART I, LINE 2B, COLUMN (V) CHECK PAYMENTS FOR TELEPHONE SOLICITATION 1 SIGMA CHI LEADERSHIP INSTITUTE 1714 HINMAN AVE EVANSTON IL 60201 260490104 501(C)(3) 3456590 0 GRANTS AND SCHOLARSHIPS SIGMA CHI FRATERNITY 1714 HINMAN AVE EVANSTON IL 60201 361773960 501(C)(7) 874281 0 GRANTS AND SCHOLARSHIPS ALPHA CHI HOUSE CORPORATION 4 MEADOWVIEW DR VINCENTOWN NJ 08088 237286793 501(C)(7) 10000 0 RENOVATION OF EDUCATIONAL SPACE/ GRANT CHAPTER DELTA DELTA HOUSE CORPORATION 11700 W MAPLE DR COLUMBUS IN 47201 356019397 501(C)(2) 14350 0 RENOVATION OF EDUCATIONAL SPACE/ GRANT CHAPTER LAMBDA HOUSE CORPORATION 903 MIDWAY DR PO BOX 544 AUBURN IN 46706 237297749 501(C)(7) 10850 0 RENOVATION OF EDUCATIONAL SPACE/ GRANT CHAPTER THE SIGMA CHI HOUSE CORPORATION GAMMA XI PO BOX 20244 CHEYENNE CHEYENNE WY 82003 836005824 501(C)(2) 13411 0 RENOVATION OF EDUCATIONAL SPACE/ GRANT CHAPTER PHI PHI HOUSE CORP 3809 LOCUST WALK PHILADELPHIA PA 191046150 231087100 501(C)(7) 6636 0 RENOVATION OF EDUCATIONAL SPACE/ GRANT CHAPTER 1 6 SCHOLARSHIPS 766 937624 CHAPTER SPECIFIC GRANTS AND SCHOLARSHIPS 458 1128707 PART I, LINE 2: THE FUNDS GRANTED FOR SCHOLARSHIPS ARE GRANTED BASED ON THE RECOMMENDATION OF THE HOUSE CORPORATION FOR THE PARTICULAR CHAPTER OF WHICH THE SCHOLARSHIP RECIPIENT IS A MEMBER. THEY MUST MEET THE GPA REQUIREMENTS, ETC., FOR THEIR PARTICULAR CHAPTER'S SCHOLARSHIP. THE FOUNDATION WORKS CLOSELY WITH THE GRANT RECIPIENTS TO ENSURE THAT THE GRANTS ARE USED PROPERLY. ALL GRANT RECORDS ARE MAINTAINED BY THE CONTROLLER. X X X X 0 0 0 0 0 0 0 0 0 JAMES ASHLEY WOODS CEO AND PRESIDENT - PAST 189587 0 150000 0 0 0 25469 0 0 0 365056 0 0 0 JOHN PRICE PRESIDENT AND GENERAL COUNSEL & SECR 202734 0 45000 0 0 0 18580 0 22016 0 288330 0 0 0 QUENTIN JAY FORD CHIEF MARKETING OFFICER 173263 0 29960 0 0 0 15242 0 0 0 218465 0 0 0 STEPHEN DAVIDSON RMF EXECUTIVE DIRECTOR 180718 0 0 0 0 0 18072 0 10624 0 209414 0 0 0 GREGORY MORGAN SENIOR DIRECTOR OF PRINCIPAL MAJOR G 127837 0 57673 0 0 0 13913 0 0 0 199423 0 0 0 JAMES C LAWSON DIRECTOR OF DEVELOPMENT 85503 0 67979 0 0 0 11511 0 12539 0 177532 0 0 0 ROBERT S RODGERS CONTROLLER 121454 0 10000 0 0 0 9859 0 11482 0 152795 0 0 0 X 15 108778 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B WITH INPUT FROM THE CONTROLLER, THE FORM 990 IS PREPARED BY OUR EXTERNAL AUDITORS, USING OUR AUDITED FINANCIAL STATEMENTS WHICH ARE APPROVED BY THE BOARD OF GOVERNORS. THE FORM 990 IS REVIEWED BY THE CONTROLLER AND THE PRESIDENT/CHIEF EXECUTIVE OFFICER AS WELL AS THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL EMPLOYEES AND ALL MEMBERS OF THE BOARD OF GOVERNORS ANNUALLY. THE RESPONSES ARE PROVIDED TO THE GENERAL COUNSEL, WHO REVIEWS ALL FORMS FOR POTENTIAL CONFLICTS. ANY POTENTIAL CONFLICTS ARE PRESENTED TO THE GOVERNANCE COMMITTEE OF THE BOARD OF GOVERNORS FOR REVIEW AND POSSIBLE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS HIRES AN OUTSIDE FIRM TO WORK WITH THEM IN DETERMINING THE COMPENSATION OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER. THE PRESIDENT/CEO'S COMPENSATION IS DISCUSSED AND DECIDED UPON DURING EXECUTIVE SESSION OF A MEETING OF THE BOARD OF GOVERNORS, AND THE MINUTES OF THOSE MEETINGS ARE DOCUMENTED. FOR OTHER OFFICERS OR KEY EMPLOYEES: THE PRESIDENT/CHIEF EXECUTIVE OFFICER, AND THE CHIEF DEVELOPMENT OFFICER DELIBERATE AND DECIDE ON ALL OTHER STAFF SALARIES. FOR THE SALARIES OF THE CHIEF DEVELOPMENT OFFICER, THE PRESIDENT/CEO REVIEWS COMPARABILITY DATA AND PRESENTS THEIR SALARIES TO THE BOARD OF GOVERNORS FOR DELIBERATION AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 ALL SUCH DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST BY THE PUBLIC. THEY CAN COME TO OUR OFFICE TO REVIEW, OR WE CAN MAIL THEM COPIES OF ANY SUCH PUBLIC REVIEW DOCUMENTS THAT THEY REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN CONTRIBUTION RECEIVABLE -460,271.