Indiana · Nonprofit
ALPHA IOTA EDUCATIONAL FOUNDATN INC
ALPHA IOTA EDUCATIONAL FOUNDATN INC (Indiana) receives grants from 2 organizations whose IRS filings report $23,275 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($12,500). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2021
- $65k
- Funders on record
- 2
- Grants received
- $23k
- Net assets
- $61k
What Alpha Iota Educational Foundatn Inc does
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.
As stated on its FY2021 Form 990-EZ.
Program
To provide scholarships, grants and other financial aid to students of indiana university
The first program described on its most recent Form 990-EZ.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $302k to $45k (−85%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of ALPHA IOTA EDUCATIONAL FOUNDATN INC’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
Who funds it, year by year
2021 → 2023: the base held at 1 funder, grant income fell $13k → $11k.
2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ALPHA IOTA EDUCATIONAL FOUNDATN INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ALPHA IOTA EDUCATIONAL FOUNDATN INC leans on a few funders — its largest provides 54% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ALPHA IOTA EDUCATIONAL FOUNDATN INC.
Largest funder’s share by year: 2021 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of ALPHA IOTA EDUCATIONAL FOUNDATN INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.
Funder states come from each funder’s own filing. $23k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ALPHA IOTA EDUCATIONAL FOUNDATN INC runs a healthier operating margin than half of the 20,681 education nonprofits its size.
this organization peer median middle 50% of peers· 20,681 education nonprofits under $100k, FY2021
Organizations like ALPHA IOTA EDUCATIONAL FOUNDATN INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for ALPHA IOTA EDUCATIONAL FOUNDATN INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ALPHA IOTA EDUCATIONAL FOUNDATN INC?
- ALPHA IOTA EDUCATIONAL FOUNDATN INC (Indiana) receives grants from 2 organizations whose IRS filings report $23,275 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($12,500). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ALPHA IOTA EDUCATIONAL FOUNDATN INC have?
- IRS filings report 2 organizations giving $23,275 in grants to ALPHA IOTA EDUCATIONAL FOUNDATN INC.
- Who is the largest funder of ALPHA IOTA EDUCATIONAL FOUNDATN INC?
- MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $12,500 in grants. The full list of funders is on this page.
- How can an organization like ALPHA IOTA EDUCATIONAL FOUNDATN INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Alpha Iota Educational Foundatn →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2021 (financials across 2018–2021), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing