NonprofitsMu Alpha Theta Educational Foundation Inc

Education

Mu Alpha Theta Educational Foundation Inc

NORMAN, OK

Total revenue

$560K

Total expenses

$415K

Net assets

$429K

Grants received

$200K

2 grants

EIN

731506789

Tax year

2024

Mission

The organization supports its members, sponsors, and chapters with scholarships, awards, and grants. Each summer, the foundation holds a national convention during which members spend four days competing for the highest scores on math tests, practicing their public speaking and teaching skills via math "chalk talks," attending math speaker sessions, networking with other members and mathematicians, and taking a field trip to a local attraction.

Programs

2 programs

Support the national high school & two-year college mathematics honor societys mission - the mu alpha theta educational foundation helped to further the goals of mu alpha theta by funding grants, awards, and scholarships to its members, sponsors (teachers), and chapters. These grants, awards, and scholarships relieved some of the financial burden of attending college for members, helped new teachers purchase math supplies for their classrooms so they could confer the enjoyment of mathematics on their students, and funded recognition awards to superior sponsors and their schools. Additionally, the foundation's funds were used to purchase honor cords, stoles, and tassels that in turn generate income for the foundation and support its administrative costs. Supplies that were donated to the foundation were provided to mu alpha theta chapters and members.

Expenses: $40K

Scholarships, grants, awards & prizes - academic scholarships - the educational foundation awarded 31 scholarships to outstanding mu alpha theta graduating seniors in 2024. Scholarships were awarded to active members who were judged to be outstanding mathematics students and who have shown loyalty and enthusiastic dedication to their mu alpha theta chapters with evidence of community service in mathematics. The top awardees received 5,000 scholarships. All other recipients received 4,000 scholarships. Scholarships were paid directly to the students' colleges to help pay for tuition and fees or were awarded as cash stipends to the students. Awards - the educational foundation gave awards to outstanding chapters, sponsors, and students. One sponsor was awarded a 1,000 cash award for their exemplary service. One award of 2,500 was presented to a member who is studying to become a mathematics educator. Two teachers in their first two years of teaching were awarded a total of 1,200 to advance their teaching.

Expenses: $27KGrants: $27K

Financials

FY 2024

Revenue

Contributions & grants$197K
Program service revenue$361K
Investment income$2K
Other revenue
Total revenue$560K

Expenses

Grants paid$27K
Salaries & benefits
Fundraising
Other expenses$388K
Total expenses$415K
Total assets$429K
Net assets$429K

People

13 listed

NameRoleCompensation

DANA WADE

EXECUTIVE DI

Board

15 hrs/wk

ROB SNOW

PRESIDENT

Board

1 hrs/wk

DR RADLEIGH SANTOS

PRESIDENT EL

Board

1 hrs/wk

DR JOHN ALBERT

TREASURER

Board

2 hrs/wk

SHELBY AABERG

GOVERNOR REG

Board

1 hrs/wk

TAMMI CARLISLE

GOVERNOR REG

Board

1 hrs/wk

BETTY HOOD

GOVERNOR REG

Board

1 hrs/wk

DANIEL BONNETT

GOVERNOR REG

Board

1 hrs/wk

DR CHUCK GARNER

MAA REPRESEN

Board

1 hrs/wk

TODD TAYLOR

NCTM REPRESE

Board

1 hrs/wk

LEKAN BABANIYI

SIAM REPRESE

Board

1 hrs/wk

MARI MENARD

AMATYC REP

Board

1 hrs/wk

KIM WOOLFENDEN

NATL CONVENT

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear

Funded by

$200K from 1 funder · 2 grants · 2020–2022

Mu Alpha Theta Natl High School &

$200K · 2 grants · 2020–2022

Details

EIN731506789
NTEE codeB83
Subsection03
Ruling date1997-03
Formed1996
Employees0
Volunteers12
MU ALPHA THETA EDUCATIONAL FOUNDATION INC — Mission, Financials & Grants Received | Grantivo