Small Public Charity

ALPHA IOTA EDUCATIONAL FOUNDATN INC

Based in GREENWOOD, IN, ALPHA IOTA EDUCATIONAL FOUNDATN INC operates as a Small Public Charity. The organization reported $65K in revenue, $56K in expenses, $61K in total assets for fiscal year 2021. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $11K.

EIN: 351825791 GREENWOOD, IN Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2021
Total Revenue$65K
Total Expenses$56K
Total Assets$61K
Grant Records1
Funding Total$11K
Filing Years2018–2021

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.

Officers & Directors

SECRETARY Jeffrey Milbourn
TREASURER Kenneth G Daemicke
PRESIDENT Warren E Hoffman

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$10,775 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $65K $56K $61K
2019 $35K $323K $45K
2018 $63K $12K $302K

Between 2018 and 2021, reported annual revenue grew from $63K to $65K (+4%), with total assets most recently reported at $61K.

Interactive year-over-year charts and full filing details available with membership.

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