Alpha Sigma Phi Foundation Inc.

Alpha Sigma Phi Foundation Inc. is a nonprofit organization based in the United States, specifically dedicated to supporting the educational and development programs of the Alpha Sigma Phi Fraternity. The organization is registered with the EIN 14-1908351 and operates as a tax-exempt entity under the Internal Revenue Code as a 501(c)(3) organization.

Background and Purpose

The Alpha Sigma Phi Foundation Inc. is focused on supporting the values-driven brotherhood experiences of the Alpha Sigma Phi Fraternity by expanding educational opportunities and scholarships for its members. The foundation aims to enhance personal growth and leadership skills among its undergraduate recipients, aligning with the fraternity's mission to "Better the Man" through a lifelong commitment to the values of character.

Financial Overview

As of recent fiscal reports, the Alpha Sigma Phi Foundation Inc. reported a substantial revenue and asset base. Contributions from donors and investment income form the primary sources of revenue. The foundation also generates income from rental properties and other miscellaneous sources. It strategically allocates these resources to support scholarships, leadership programs, and chapter development initiatives.

Programs and Endowments

The foundation manages a variety of endowments and scholarship funds designed to support fraternity members in their educational and leadership pursuits. These include leadership development programs like the Ralph Burns Leadership Institute Fund and chapter-specific scholarships. Such programs facilitate participation in prestigious educational events, inspiring personal growth and community engagement among members.

Governance and Support

The Alpha Sigma Phi Foundation Inc. is governed by a board of directors composed of alumni and fraternity leaders who oversee the strategic distribution of funds and resources. Donations to the foundation are tax-deductible, providing an incentive for individuals to contribute to the educational and charitable initiatives of the fraternity.

Philanthropic Partnerships

While the Alpha Sigma Phi Foundation primarily supports educational and leadership initiatives, the Alpha Sigma Phi Fraternity engages with several philanthropic partners aligned with its core values: Silence, Charity, Purity, Honor, and Patriotism. These partnerships reflect the fraternity's broader commitment to community service and social responsibility.