Skip to content

Indiana · Nonprofit

ALPHA TAU OMEGA FOUNDATION INC

ALPHA TAU OMEGA FOUNDATION INC (Indiana) receives grants from 52 organizations whose IRS filings report $3,585,712 to it, the largest being PLENITUDE INVESTMENTS INC ($1,159,557). 29 of them have funded it in more than one year.

Revenue FY2024
$3.4M
Funders on record
52
Grants received
$3.6M
Net assets
$25M
29/52 repeat funderspeak grant-dependency 21%
01What it does

What Alpha Tau Omega Foundation Inc does

Mission

To promote academic, character, values and leadership development through grants, scholarships, and educational programs.

As stated on its FY2024 Form 990.

Program

  1. Educational grants to alpha tau omega fraternity and others to support leadership development and other educational programs. Scholarships to individuals to promote higher education. These programs impact collegiate members of alpha tau omega fraternity.

    $1,950,675 spentof which $1,615,390 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,950,675.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($2.3M) Expenses 100 ($926k) Net assets 100 ($15M)2018 Revenue 113 ($2.6M) Expenses 181 ($1.7M) Net assets 93 ($14M)2019 Revenue 105 ($2.4M) Expenses 123 ($1.1M) Net assets 112 ($17M)2020 Revenue 116 ($2.7M) Expenses 106 ($982k) Net assets 133 ($20M)2021 Revenue 169 ($3.9M) Expenses 293 ($2.7M) Net assets 144 ($22M)2022 Revenue 139 ($3.2M) Expenses 210 ($1.9M) Net assets 125 ($19M)2023 Revenue 181 ($4.1M) Expenses 257 ($2.4M) Net assets 148 ($23M)2024 Revenue 148 ($3.4M) Expenses 246 ($2.3M) Net assets 164 ($25M)
'17'18'19'20'21'22'23'24
Revenue (148)Expenses (246)Net assets (164)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $19M to $23M (+19%).

$16M
$14M
$17M
$21M
$22M
$19M
$23M
$26M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 2%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$1.4M
’17
$915k
’18
$1.2M
’19
$1.7M
’20
$1.1M
’21
$1.2M
’22
$1.7M
’23
$1.1M
’24
4.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Wynn R Smiley

President/CEO

Board chair

Gerald S Papazian

Chairman

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24
Listed2525232325252226
Joined·+0+3+1+5+0+0+5
No longer listed·0513031
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 13 funders to 20 funders, grant income rose $150k → $457k.

24 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% 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 TAU OMEGA FOUNDATION INC’s funders (the co-funder graph). Top 30 of 52 funders by total. 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 TAU OMEGA FOUNDATION INC has a broad base — no single funder exceeds 32% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

94% 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 TAU OMEGA FOUNDATION INC.

32%
largest funder
59%
top three
~7
effective funders

Largest funder’s share by year: 2017 37% · 2018 51% · 2019 41% · 2020 21% · 2021 22% · 2022 75% · 2023 22% — diversifying over time.

“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.

How long its funders stay

50% of ALPHA TAU OMEGA FOUNDATION INC's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

64% of ALPHA TAU OMEGA FOUNDATION INC's grant income comes from Indiana funders.

IL
MI
NY
IA
IN
OH
NJ
CA
CO
TN
NC
SC
MS
AL
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 14 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.

04Its place in the field

Organizations like ALPHA TAU OMEGA FOUNDATION 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 5%Fundraising 10%

Governance

25
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

64%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 1 related entity

  • Alpha Tau Omega Fraternity · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ALPHA TAU OMEGA FOUNDATION 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 TAU OMEGA FOUNDATION INC?
ALPHA TAU OMEGA FOUNDATION INC (Indiana) receives grants from 52 organizations whose IRS filings report $3,585,712 to it, the largest being PLENITUDE INVESTMENTS INC ($1,159,557). 29 of them have funded it in more than one year.
How many funders does ALPHA TAU OMEGA FOUNDATION INC have?
IRS filings report 52 organizations giving $3,585,712 in grants to ALPHA TAU OMEGA FOUNDATION INC, 29 of which have funded it in more than one year.
Who is the largest funder of ALPHA TAU OMEGA FOUNDATION INC?
PLENITUDE INVESTMENTS INC is the largest funder on record, with $1,159,557 in grants. The full list of funders is on this page.
How can an organization like ALPHA TAU OMEGA FOUNDATION 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 52 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