Theta Xi Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE EDUCATIONAL PROGRAMMING AND SCHOLARSHIP ASSISTANCE TO THE UNDERGRATUATE MEMBERS OF THETA XI FRATERNITY.
- Income
- $1.2 million
- Spending
- $612,118
- Spent on programs
- 54%
- Reserves
- 28.3 months of spending
- Largest source of income
- donations and private grants, 81%
- Employees
- 0
- Volunteers
- 15
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100.
Reserves
35 of 35Spendable reserves would cover 28.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 51% of income.
Income trend
15 of 15Income rose 59% on the year before.
Spending floor
8 of 1553% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $129,524 spent. LEADERSHIP DEVELOPMENT: THE PRESIDENTS ACADEMY FOCUSES ON LEARNING TO APPLY LEADERSHIP COMPETENCIES INCLUDING INFLUENCING PEERS TO GRASP A SHARED VISION, MOTIVATING/EMPOWERING CHAPTER MEMBERS FOR ENGAGEMENT, AND DECISION MAKING STYLE/SKILLS THROUGH ACTIVITIES INCLUDING COMMON PROBLEM SOLVING, SUPPORT, AND SHARING OF IDEAS DESIGNED FOR SMALL GROUPS. THE RISING STARS ACADEMY IS AN INTERACTIVE AND EXPERIMENTAL ACADEMY THAT PROVIDES MEMBERS AN OPPORTUNITY TO ASSESS AND DEVELOP THEIR LEADERSHIP STYLES AND SKILLS, GATHER IDEAS TO STRENGTHEN THEIR CHAPTERS IN THE AREAS OF RECRUITMENT, MEMBERSHIP EDUCATION AND OVERALL OPERATIONS, AND STRENGTHENS TEAM BUILDING SKILLS THROUGH AN OUTDOOR LEADERSHIP CHALLENGE COURSE. THE DISTRICT LEADERSHIP ACADEMIES ARE HELD AT LOCATIONS THROUGHOUT THE COUNTRY AND PROVIDE UNDERGRADUATE LEADERS AND MEMBERS WITH THE OPPORTUNITY TO PARTICIPATE IN EDUCATIONAL PROGRAMS AND LEADERSHIP DEVELOPMENT ACTIVITIES THAT ADDRESS CURRENT CAMPUS AND FRATERNITY ISSUES AND EXPAND EACH MEMBER'S EDUCATIONAL OPPORTUNITIES WHILE PROVIDING VALUABLE LEADERSHIP AND CITIZENSHIP TRAINING.
- $92,964 spent. ACADEMIC GRANTS INCLUDES FUNDING SCHOLARSHIPS AND ACADEMIC ACHEIVEMENT AWARDS.
- $104,983 spent. LEADERSHIP GRANTS SUPPORT UNDERGRADUATE ATTENDANCE AT EDUCATIONAL AND LEADERSHIP PROGRAMS AND GRANTS TO PURCHASE, BUILD, REMODEL OR PROVIDE RESOURCES FOR EDUCATIONAL AREAS OF CHAPTER HOUSES FOR THE BENEFIT OF UNDERGRADUATE MEMBERS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1954.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: The Foundation (Houston, TX), EIN 92-0742101. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.