Mission
TO SUPPORT EDUCATION AND CHARITY BY PROVIDING STUDY, SUPPORT, SCHOLARSHIPS, GRANTS AND OTHER INCENTIVES TO STUDENTS BY ASSISTING IN THE EFFICIENT USE OF EDUCATIONAL RESOURCES.
Public Charity
THE FOUNDATION CHAPTER OF THETA CHI FRATERNITY INC
THE FOUNDATION CHAPTER OF THETA CHI FRATERNITY INC is a nonprofit organization categorized as Public Charity based in CARMEL, IN. Its most recent IRS filing (2025) reports revenue of $2.6M, expenses of $1.9M, total assets of $20.1M. Imperigo tracks 47 reported grant relationships connected to this organization totaling approximately $796K.
EIN: 214014559
CARMEL, IN
Latest filing: 2025
Total Revenue$2.6M
Total Expenses$1.9M
Total Assets$20.1M
Grant Records47
Funding Total$796K
Filing Years2021–2025
Where $100 goes at The Foundation Chapter of Theta Chi Fraternity Inc
How The Foundation Chapter of Theta Chi Fraternity Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$58
Programs
the work itself
$20
Management
running the organization
$22
Fundraising
raising the next dollar
Inside the $58 for programs
$31
Provides educational scholarships to individual members of the organization for advancement of their educational college degrees and graduate degrees
$16
Other program services are provided to increase the foundation endowment through tax deductible donations in an effort to provide additional educational scholarships and grants for its undergraduate and…
$11
Publication of the rattle, theta chi fraternity's offical magazine
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$10,000
FOR RECIPIENT'S EXEMPT PURPOSE
$51,000
For grant recipient's exempt purposes
$28,727
THE RATTLE PUBLICATION
$25,000
EDUCATIONAL
$15,000
Showing up to 5 of 47 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bob Sasser
DIRECTOR
Chris Oprison
TREASURER
Eric Jayaweera
DIRECTOR
Marvin Mcconaghy
SECRETARY
Paul Norstrem
DIRECTOR
Phil Pappas
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.6M | $1.9M | $20.1M |
| 2024 | $1.8M | $1.5M | $18.4M |
| 2023 | $1.3M | $1.8M | $16.5M |
| 2022 | $1.6M | $1.2M | $15.8M |
| 2021 | $1.8M | $970K | $18.2M |
Between 2021 and 2025, reported annual revenue grew from $1.8M to $2.6M (+44%), with total assets most recently reported at $20.1M.
Interactive year-over-year charts and full filing details available with membership.