Sigma Phi Epsilon Educational Foundation

Address
PO Box 1901
Richmond, VA 23218
Contact
Website: http://www.sigep.org/foundation
Phone: +1 (804) 353-1901
Nonprofit
NTEE: B82 - Scholarships, Student Financial Aid Services, Awards
EIN: 54-6053821

Mission

TO STIMULATE INTELLECTUAL ACHIEVEMENT, PROMOTE MOrality ANDCITIZENSHIP AND ENCOURAGE PHYSICAL AND SOCIAL DEVELOPMENT at 221 chapters of Sigma Phi Epsilon Fraternity.
 20162015201320122011
Basic features of the organization
Year of formation1943
Metropolitan statistical area6760
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel  $59,941.00$190,329.00 
Sum of reportable (W2/1099) compensation$0.00 $171,696.00$160,798.00 
Number of employees0 67 
Number of people compensated >$100k0 11 
Number of volunteers20 2030 
Number of highly compensated contractors0    
Personnel
Barton, Thomas
Title  TRUSTEE  
Name of key/compensated person  THOMAS A BARTON  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  3.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Baxter, Scott
Title  TRUSTEETRUSTEE 
Name of key/compensated person  SCOTT A BAXTERSCOTT A BAXTER 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  3.003.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Bice, Scott
Title  SECRETARY & TREASURERSECRETARY & TREASURER 
Name of key/compensated person  SCOTT H BICESCOTT H BICE 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  5.005.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Brennan, Ryan
Title  VICE PRESIDENTVICE PRESIDENT 
Name of key/compensated person  RYAN M BRENNANRYAN M BRENNAN 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  5.005.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Brown, Alphonce
Title  INTERIM EXECUTIVE DIRECTORTRUSTEE 
Name of key/compensated person  ALPHONCE J BROWN JRALPHONCE J BROWN JR 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  40.003.00 
Reportable compensation from org  $50,000.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Christiansen, Kenneth
Title  TRUSTEE  
Name of key/compensated person  KENNETH J CHRISTIANSEN  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  3.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Christianson, Kenneth
Title   TRUSTEE 
Name of key/compensated person   KENNETH G CHRISTIANSON 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   3.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Davis, Mark
Title   TRUSTEE 
Name of key/compensated person   MARK W DAVIS 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   3.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Detjen, David
Title  TRUSTEE  
Name of key/compensated person  DAVID W DETJEN  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  3.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Griffith, Gary
TitleTrustee    
Name of key/compensated personGary E Griffith    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Hammond, Edward
Titlepresident    
Name of key/compensated personEdward H Hammond PhD    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Hurt, Arthur
Title  CHAIRMAN AND PRESIDENTPRESIDENT 
Name of key/compensated person  ARTHUR J HURT IIIARTHUR J HURT III 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  8.008.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Johnson, Jeffery
Title  TRUSTEETRUSTEE 
Name of key/compensated person  JEFFERY L JOHNSONJEFFERY L JOHNSON 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  3.003.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Kief, Garry
Title  TRUSTEE  
Name of key/compensated person  GARRY C KIEF  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  3.00  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Kief, Gary
Title   TRUSTEE 
Name of key/compensated person   GARY C KIEF 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   3.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Nabhan, Norman
TitleTreasurer TRUSTEE  
Name of key/compensated personNorman E Nabhan NORMAN E NABHAN  
Position of compensated person
Current individual trustee or directorTrue True  
Average hours per week working for org1.00 3.00  
Reportable compensation from org$0.00 $0.00  
Other comp, non-reportable, from org and related orgs$0.00 $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 $0.00  
Queen, Troy
Title  TRUSTEETRUSTEE 
Name of key/compensated person  TROY P QUEENTROY P QUEEN 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  3.003.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Scheibe, Douglas
Title  EXECUTIVE DIRECTOR-ENDED 11/2/13EXECUTIVE DIRECTOR 
Name of key/compensated person  DOUGLAS D SCHEIBEDOUGLAS D SCHEIBE 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org  40.0040.00 
Reportable compensation from org  $121,696.00$160,798.00 
Other comp, non-reportable, from org and related orgs  $24,634.00$29,531.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Shackouls, Bobby
Title   TRUSTEE 
Name of key/compensated person   BOBBY S SHACKOULS 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   3.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Shanklin, Stephen
TitleSecretary    
Name of key/compensated personStephen B Shanklin PhD    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Tragos, William
Title  TRUSTEETRUSTEE 
Name of key/compensated person  WILLIAM G TRAGOSWILLIAM G TRAGOS 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  3.003.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Williams, Michael
TitleTrustee    
Name of key/compensated personMichael C Williams    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesThe Sigma Phi Epsilon Educational Foundation advances the mission of (cont'd to Sch. O) higher education by providing scholarships and grants that support healthy living environments and programs focused on the academic and moral development of undergraduate men. TO STIMULATE INTELLECTUAL ACHIEVEMENT, PROMOTE MORALITY AND CITIZENSHIP AND ENCOURAGE PHYSICAL AND SOCIAL DEVELOPMENT.TO STIMULATE INTELLECTUAL ACHIEVEMENT, PROMOTE MORALITY AND CITIZENSHIP AND ENCOURAGE PHYSICAL AND SOCIAL DEVELOPMENT. 
Program service expenses, total$2,765,888.00 $1,899,367.00$1,711,396.00 
Programs, including revenue & expenses
Chapter restricted & endowed scholarships - SCHOLARSHIP AWARDS FOR TUITION, BOOKS AND ROOM AND BOARD TO STUDENTS AT CAMPUSES NATIONWIDE, BASED 0N ACADEMIC ACHIEVEMENT, CHAPTER LEADERSHIP, CAMPUS AND COMMUNITY SERVICE, AND FINANCIAL NEED. SCHOLARSHIP AWARDS MADE FROM ENDOWMENTS ESTABLISHED FOR A SPECIFIC PURPOSE ARE MADE TO STUDENTS NATIONWIDE FOR TUITION, BOOKS AND ROOM AND BOARD AWARDS.
Program expenses$372,001.00    
Grants and allocations made$372,001.00    
Program descriptionChapter restricted & endowed scholarships - SCHOLARSHIP AWARDS FOR TUITION, BOOKS AND ROOM AND BOARD TO STUDENTS AT CAMPUSES NATIONWIDE, BASED 0N ACADEMIC ACHIEVEMENT, CHAPTER LEADERSHIP, CAMPUS AND COMMUNITY SERVICE, AND FINANCIAL NEED. SCHOLARSHIP AWARDS MADE FROM ENDOWMENTS ESTABLISHED FOR A SPECIFIC PURPOSE ARE MADE TO STUDENTS NATIONWIDE FOR TUITION, BOOKS AND ROOM AND BOARD AWARDS.    
SCHOLARSHIP AND GRANT PROGRAMS - SEE SCHEDULE I
Program expenses  $1,899,367.00$1,711,396.00 
Grants and allocations made  $1,732,657.00  
Program description  SCHOLARSHIP AND GRANT PROGRAMS - SEE SCHEDULE ISCHOLARSHIP AND GRANT PROGRAMS - SEE SCHEDULE I 
TO ADVANCE THE MISSION OF SIGMA PHI EPSILON FRATERNITY OF "BUILDING BALANCED MEN" BY PROVIDING GRANTS TO SIG EP LEAD FUND TO FUND THE FOLLOWING PROGRAMS:Programs and Event Staffing $128,745Carlson Leadership Academies: $416,882 THESE ARE FIVE REGIONAL WEEKEND CONFERENCES THAT FOCUS ON EFFECTIVE CHAPTER LEADERSHIP, TEAM BUILDING, AND GOAL SETTING.Ruck Leadership Institute: $103,097 AN INTENSE 5-DAY EVENT FOR THE FRATERNIty's TOP RISING LEADERS. CURRICULUM (continued to Schedule O) is BASED ON THE LEADERSHIP CHALLENGE AND FOCUSES ON TEACHING THE FEW TO IMPACT THE MANY THAT WILL FOLLOW THEM.Tragos Quest to Greece Scholars: $88,788 TRAGOS QUEST TO GREECE: AN INTERNATIONAL EXPERIENCE TO DISCOVER THE BIRTHPLACE OF WESTERN CIVILIZATION AND SOUND MIND AND BODY.
Program expenses$1,285,555.00    
Grants and allocations made$1,251,880.00    
Program descriptionTO ADVANCE THE MISSION OF SIGMA PHI EPSILON FRATERNITY OF "BUILDING BALANCED MEN" BY PROVIDING GRANTS TO SIG EP LEAD FUND TO FUND THE FOLLOWING PROGRAMS:Programs and Event Staffing $128,745Carlson Leadership Academies: $416,882 THESE ARE FIVE REGIONAL WEEKEND CONFERENCES THAT FOCUS ON EFFECTIVE CHAPTER LEADERSHIP, TEAM BUILDING, AND GOAL SETTING.Ruck Leadership Institute: $103,097 AN INTENSE 5-DAY EVENT FOR THE FRATERNIty's TOP RISING LEADERS. CURRICULUM (continued to Schedule O) is BASED ON THE LEADERSHIP CHALLENGE AND FOCUSES ON TEACHING THE FEW TO IMPACT THE MANY THAT WILL FOLLOW THEM.Tragos Quest to Greece Scholars: $88,788 TRAGOS QUEST TO GREECE: AN INTERNATIONAL EXPERIENCE TO DISCOVER THE BIRTHPLACE OF WESTERN CIVILIZATION AND SOUND MIND AND BODY.    
rESIDENTAl LEARNING COMMUNITY GRANTS - GRANTS MADE FOR CHAPTER HOUSING THAT EXPANDS FACULTY CONNECTION AND IMPLEMENTS NEW INITIATIVES TO CREATE A LEARNING ENVIRONMENT WHERE STUDENTS ARE SURROUNDED BY RESPONSIBLE PEERS AND UNIVERSITY FACULTY WHO ARE COMMITTED TO HELPING THEM SUCCEED INSIDE AND OUTSIDE THE CLASSROOM.
Program expenses$1,108,332.00    
Grants and allocations made$1,108,332.00    
Program descriptionrESIDENTAl LEARNING COMMUNITY GRANTS - GRANTS MADE FOR CHAPTER HOUSING THAT EXPANDS FACULTY CONNECTION AND IMPLEMENTS NEW INITIATIVES TO CREATE A LEARNING ENVIRONMENT WHERE STUDENTS ARE SURROUNDED BY RESPONSIBLE PEERS AND UNIVERSITY FACULTY WHO ARE COMMITTED TO HELPING THEM SUCCEED INSIDE AND OUTSIDE THE CLASSROOM.    
Financial data
Revenue
Total revenue$4,544,793.00 $5,466,791.00$5,599,743.00 
Revenue from contributions (total)$3,525,903.00$2,932,584.00$5,119,344.00$5,341,288.00$3,571,801.00
Revenue from noncash contributions  $79,545.00$252,361.00 
Investment income, current yr$1,018,890.00 $347,447.00$258,455.00 
Total revenue from grants, etc., current yr$3,525,903.00 $5,119,344.00$5,341,288.00 
Total unrelated business revenue$0.00 $0.00$0.00 
Other revenue, current yr$0.00 $0.00$0.00 
Net unrelated business taxable revenue$0.00 $0.00$0.00 
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$4,637,951.00 $6,949,399.00$8,786,465.00 
Sources of contributions
Revenue from all other contributions$3,525,903.00 $5,119,344.00$5,341,288.00 
Other types of revenue
Income from dividends, interest, and similar investments$1,018,220.00 $237,470.00$234,986.00 
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$3,214,079.00 $2,588,603.00$3,026,095.00 
Total functional expenses: program service $2,765,888.00 $1,899,367.00$1,711,396.00 
Total functional expenses: management and general$401,864.00 $318,433.00$793,754.00 
Total functional expenses: fundraising$46,327.00 $370,803.00$520,945.00 
Fees for services
Legal fees (total)$8,990.00    
Fundraising service fees (total)$0.00 $0.00$0.00 
Investment management fees (total)$232,859.00 $21,951.00$34,586.00 
Assets and liabilities
Total assets$15,141,516.00$14,487,508.00$14,378,189.00$13,492,957.00$14,337,275.00
Total assets, beginning of year$14,487,508.00 $13,492,957.00$14,337,275.00 
Total liabilities$2,064,482.00$1,504,357.00$1,650,619.00$1,859,673.00$1,704,155.00
Total liabilities, beginning of year$1,504,357.00 $1,859,673.00$1,704,155.00 
Pledges & accounts receivable, net$311,508.00 $1,683,325.00$1,809,055.00 
Unrestricted net assets, end of yr-$491,602.00 -$1,964,023.00-$2,070,413.00 
Temporarily restricted net assets$5,561,861.00 $7,533,372.00$6,565,811.00 
Permanently restricted net assets, end of yr$8,006,775.00 $7,158,221.00$7,137,886.00 
Net assets$13,077,034.00 $12,727,570.00$11,633,284.00 
Net assets, beginning of year$12,983,151.00 $11,633,284.00$12,633,120.00 
Other liabilities$1,201,363.00 $1,633,700.00$1,729,422.00 
Other assets  $64,761.00$43,696.00 
Investments: other securities$38,279.00    
Investments: publicly traded securities$12,185,871.00 $11,496,227.00$9,916,171.00 
Cash: non-interest bearing$820,995.00    
Cash: non-interest bearing, beginning of year$1,032,661.00    
Other financial variables
Revenue less expenses$1,330,714.00 $2,878,188.00$2,573,648.00 
Savings & temp cash investment$1,221,987.00 $471,068.00$1,028,720.00 
Accounts receivable, net  $14,360.00  
Prepaid expenses & deferred charges$62,625.00 $26,594.00$22,375.00 
Accounts payable & accrued expenses$363,105.00 $16,919.00$130,251.00 
Deferred revenue$0.00    
Secured mortgages and notes payable$500,014.00    
Total net assets or fund balances$13,077,034.00 $12,727,570.00$11,633,284.00 
Depreciation, depletion, amortization$8,721.00 $1,148.00$2,402.00 
Governance and accountability
Number of voting members5 1415 
Number of independent voting members5 1314 
Financial sheets auditedTrue TrueTrue 
Accrual accountingTrue TrueTrue 
Tax year start date2015-07-01 2012-07-012011-07-01 
Tax year end date2016-06-012015-06-012013-06-012012-06-012011-06-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrue TrueTrue 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990 990990 
Date e-filing submitted2017-08-09 2014-06-062013-04-08 
IRS schema version2015v3.0 2012v2.12011v1.5 
Filing identifier201700629349300000 201441049349300244201300869349300100 
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