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Epsilon Educational Endowment

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237010656 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

Overview

What is Epsilon Educational Endowment?

Epsilon Educational Endowment is a nonprofit organization situated in Grand Rapids, Michigan, with an address at 2740 Beechwood Drive SE, 49506. In the tax year 2021, the organization experienced a period of rebuilding, experiencing significant achievements in fundraising. Despite this, they did not provide any scholarships during this time. They did, however, grant funds to the Chi Psi Educational Trust. The mission of Epsilon Educational Endowment is to offer educational support and scholarships to students enrolled at the University of Michigan. Specifically, they prioritize students who are members of Chi Psi Fraternity at the University of Michigan.


Official website here: www.alphaepsilonofchipsi.com/campaign/

Is Epsilon Educational Endowment legitimate?

Epsilon Educational Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Epsilon Educational Endowment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.alphaepsilonofchipsi.com/campaign/

What is the mission statement of Epsilon Educational Endowment?

The Epsilon Educational Endowment's mission is centered around providing scholarships and educational support to students, with a particular focus on members of Chi Psi Fraternity at the University of Michigan. Their mission objectives involve offering financial aid and educational resources to help students thrive academically. In the recent tax year 2021, the organization experienced success in fundraising, although no scholarships were awarded during that period. However, a grant was made to the Chi Psi Educational Trust.


Official website here: www.alphaepsilonofchipsi.com/campaign/

Who is the CEO of Epsilon Educational Endowment?

Steven Starnes is the President of Epsilon Educational Endowment.


Official website here: www.alphaepsilonofchipsi.com/campaign/

What is the revenue of Epsilon Educational Endowment?

Epsilon Educational Endowment's revenue in 2022 was $1,025,996.


Official website here: www.alphaepsilonofchipsi.com/campaign/

Who are the executives of Epsilon Educational Endowment and what are their salaries?

Here are 3 key members and their salaries:

    Chris Laus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Starnes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Mcquarrie (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.alphaepsilonofchipsi.com/campaign/

    Where can I find the form 990 for Epsilon Educational Endowment?

    The Epsilon Educational Endowment’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.alphaepsilonofchipsi.com/campaign/

    Learn more at the official website: www.alphaepsilonofchipsi.com/campaign/

    Mission Statement of Epsilon Educational Endowment

    Epsilon Educational Endowment, a nonprofit organization, is dedicated to providing scholarships and educational support primarily to students at the University of Michigan. With a special focus on members of Chi Psi Fraternity at the University of Michigan, this endowment aims to foster academic success and development among its beneficiaries. During the tax year 2021, the organization underwent a rebuilding phase, achieving significant success in fundraising efforts. Despite this progress, no scholarships were awarded in that year. However, a grant was extended to the Chi Psi Educational Trust, further demonstrating Epsilon Educational Endowment's commitment to supporting education and its affiliated fraternity.

    Impact

    This information is meant to be a general summary of Epsilon Educational Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Epsilon Educational Endowment's impact lies in providing scholarships and educational support to students at the University of Michigan, with a particular focus on members of the Chi Psi Fraternity. In the tax year 2021, the organization experienced significant success in fundraising, signaling a renewed commitment to its mission. While no scholarships were awarded during this period, a grant was made to the Chi Psi Educational Trust, further supporting educational initiatives. Grand Rapids, Michigan serves as the headquarters for this organization dedicated to fostering educational opportunities for students. [Tag: "Education"]





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,048
  • Program Service Revenue: $0
  • Gross Receipts: $1,365,384

    • Assets and Liabilities:
  • Total Assets: $667,164
  • Total Liabilities: $0
  • Net Assets: $667,164
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Steven Starnes

    Main Address

    2746 Beechwood Dr SE, Grand Rapids, MI, 49506

    NTEE Category

    Code: B82 - Education

    If you are a representative of Epsilon Educational Endowment and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.