2025-06-26T15:04:23-05:00 2024-12-31 562353893 AGRESTA STORMS & O'LEARY PC 5140 COMMERCE CIRCLE INDIANAPOLIS IN 46237 990 2024-01-01 356018436 ALPHA CHI SIGMA EDUCATIONAL FOUNDATION INC ALPH 5732685513 6296 RUCKER RD SUITE B INDIANAPOLIS IN 46220 JOHN E ADAMS SECRETARY TREASURER 5732685513 2025-06-23 1 1 BRIAN C BECKMAN CPA P00343426 3177809850 2025-06-23 2024 2025-03-06 01:10:19Z JOHN E ADAMS 6296 RUCKER RD SUITE B INDIANAPOLIS IN 46220 157670 0 X FOUNDATION.ALPHACHISIGMA.ORG X 1958 CA THE FOUNDATION PROVIDES FUNDS TO SUPPORT EDUCATIONAL ACTIVITIES IN ASSOCIATION WITH ALPHA CHI SIGMA FRATERNITY. 5 5 0 16 0 0 11879 9324 3938 2386 58608 61994 0 0 74425 73704 34000 41086 0 0 0 0 0 0 0 67447 31242 101447 72328 -27022 1376 919143 924194 38510 33722 880633 890472 THE FOUNDATION PROVIDES FUNDS TO SUPPORT EDUCATIONAL ACTIVITIES IN ASSOCIATION WITH ALPHA CHI SIGMA FRATERNITY. 0 0 41086 41086 THE FOUNDATION PROVIDES COLLEGIATE SCHOLARSHIPS AND AWARDS IN CHEMISTRY AND CHEMICAL ENGINEERING. 2386 THE FOUNDATION PROVIDES LOW INTEREST UNDERGRADUATE AND GRADUATE STUDENT EDUCATION LOANS. THERE ARE 17 LOANS ACTIVE AS OF 12/31/2024. 41086 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IN CA X ERIN GOODWIN 5732685513 6296 RUCKER RD SUITE B INDIANAPOLIS IN 46220 X MARK N EVANIAK PRESIDENT 1.00 X X 0 0 0 JOHN E ADAMS SECRETARY TREASURER 1.00 X X 0 0 0 ABBEY J DEGRAFFENREID VICE PRESIDENT 1.00 X X 0 0 0 CHARLES E CARROLL ASSISTANT SECRETARY 1.00 X X 0 0 0 KIP NALLEY ASSISTANT TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 9324 9324 STUDENT LOAN INTEREST 900001 2386 2386 2386 35450 35450 110510 83966 26544 26544 26544 73704 2386 0 61994 41086 41086 14886 14886 9271 9271 3112 3112 CREDIT LOSS EXPENSE 3973 3973 72328 41086 31242 0 17928 30309 841564 835821 59651 58064 919143 924194 38510 33722 38510 33722 X 123409 118469 757224 772003 880633 890472 919143 924194 1376 8463 0 X 1 X 0 0 0 X 41775 13729 26420 11879 9324 103127 41775 13729 26420 11879 9324 103127 103127 25719 35444 15932 23667 35450 136212 239339 0.43090 0.45660 X 542839 34308 23586 12450 541111 509780 53243 8000 12184 542839 782864 2000 -107457 47000 630407 629816 1000 180918 28870 782864 510820 41775 119743 42522 629816 0.00000 1.00000 0.00000 0 0 0 LOANS RECEIVABLE 58064 58064 ANNUITY PAYABLE 31997 DUE TO FRATERNITY 1725 33722 X PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF CALIFORNIA AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN CALIFORNIA. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS PRIOR TO THE YEAR ENDED DECEMBER 31, 2021. AS OF, AND FOR THE YEAR ENDED DECEMBER 31, 2024, TAX AUTHORITIES HAVE NOT PROPOSED ANY ADJUSTMENTS TO THE FOUNDATION THAT WOULD RESULT IN A MATERIAL CHANGE TO THE FOUNDATION'S FINANCIAL POSITION. NO TAX-RELATED INTEREST OR PENALTIES HAVE BEEN RECORDED IN THESE FINANCIAL STATEMENTS. GAAP REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX BENEFIT POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE FOUNDATION DOES NOT BELIEVE IT IS TAKING ANY UNCERTAIN TAX BENEFIT POSITIONS. 1 SCHOLARSHIPS & AWARDS 7 41086 FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF TRUSTEES ELECTS THE MEMBERS. THE TERM OF THE MEMBERSHIP SHALL BE TEN YEARS, WITH NO RESTRICTION ON THE NUMBER OF TERMS. THE NUMBER OF MEMBERS SHALL AT ANY TIME BE LIMITED TO A MINIMUM OF TWELVE AND A MAXIMUM OF TWENTY. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE FOUNDATION SHALL BE OF ONE CLASS ONLY. EACH MEMBER SHALL BE ENTITLED TO ONE VOTE. THE VOTE IS HELD AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B AN ANNUAL MEETING IS HELD AT THE TIME AND PLACE ESTABLISHED BY THE TRUSTEES, FOR THE PURPOSE OF ELECTING TRUSTEES, AND TRANSACTING OTHER BUSINESS THAT MAY BE PROPERLY BROUGHT BEFORE THE MEETING. IF AN ANNUAL MEETING OF MEMBERS IS NOT HELD, OR IF THE TRUSTEES ARE NOT ELECTED AT THE MEETING, OR AT ANY ADJOURNMENT THEREOF, TRUSTEES MAY BE ELECTED AT ANY SPECIAL MEETING OF MEMBERS IF NOTICE OF THE PROPOSED ELECTION IS GIVEN. TRUSTEES SO ELECTED AT ANY SPECIAL MEETING OF MEMBERS SHALL HOLD OFFICE UNTIL THE ELECTION OR APPOINTMENT OF THEIR SUCCESSORS. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY RECEIVES A DRAFT COPY OF THE INFORMATION RETURN ELECTRONICALLY FOR THEIR REVIEW. THE EXECUTIVE DIRECTOR COORDINATES THE APPROVAL OF THE GOVERNING BODY. AFTER APPROVAL IS RECEIVED, THE INFORMATION RETURNS ARE SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES SIGN CONFLICT OF INTEREST STATEMENTS AT THE BEGINNING OF THEIR TERM AND EACH YEAR THEREAFTER IN JANUARY. THE TRUSTEE WILL INFORM THE GOVERNING COMMITTEE OF ANY CONFLICTS ARISING DURING THE YEAR AND COMPLETE AN UPDATED CONFLICTS OF INTEREST STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES AVAILABLE UPON REQUEST COPIES OF THE APPLICATION FOR EXEMPTION AND THE PAST THREE YEARS INFORMATION RETURNS FOR PUBLIC INSPECTION AT THEIR OFFICE. ALPHA CHI SIGMA FRATERNITY INC 6296 RUCKER ROAD SUITE B INDIANAPOLIS IN 46220 350141910 FOSTER & PROMOTE SCIENTIFIC EDUCATION IN 501(C)(3) LINE 7 0 0 1 0 0 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 ALPHA CHI SIGMA FRATERNITY INC E 1725 COST ALPHA CHI SIGMA FRATERNITY INC N 6900 PERCENT OF SHARED SPACE