NonprofitsAlpha Iota Education Fundation Inc

Education

Alpha Iota Education Fundation Inc

GREENWOOD, IN

Total revenue

$65K

Total expenses

$56K

Net assets

$61K

Grants received

$11K

1 grants

EIN

351825791

Tax year

2021

Mission

The general purposes for which the foundation was formed are to provide scholarships, grants and other financial aid and to make educational improvements to housing for the benefit of students of indiana university. Contributions received by the foundation will either be distributed directly to satisfy the charitable and educational purposes stated above or will be invested with the income generated thereform used to provide the grants and other financial aid. It is anticipated that substantially all of the grants and financial aid will be offered to the members of the theta chi fraternity and will be used to assist with educational improvements to the members of theta chi fraternity.

Financials

FY 2021

Revenue

Contributions & grants$65K
Program service revenue
Investment income$4
Other revenue
Total revenue$65K

Expenses

Grants paid$45K
Salaries & benefits
Fundraising
Other expenses$4K
Total expenses$56K
Total assets$61K
Net assets$61K

People

3 listed

NameRoleCompensation

WARREN E HOFFMAN

PRESIDENT

Board

0.75 hrs/wk

KENNETH G DAEMICKE

TREASURER

Board

0.5 hrs/wk

JEFFREY MILBOURN

SECRETARY

Board

0.25 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$11K
For grant recipient's exempt purposes
2022

Funded by

$11K from 1 funder · 1 grant · 2022

Details

EIN351825791
NTEE codeB82Z
Subsection03
Ruling date1991-12
ALPHA IOTA EDUCATION FUNDATION INC — Mission, Financials & Grants Received | Grantivo