About the Beta Theta Pi Foundation
Although a legally separate entity, the Beta Theta Pi Foundation supports the Fraternity by raising and collecting resources that are then granted back to assist Beta’s mission of developing men of principle for a principled life. The Beta Theta Pi Foundation is a registered 501(c)(3) charitable organization, which means all gifts and donations are 100% tax-deductible to the extent allowable by law.
The Foundation Board and staff are committed to raising and spending charitable dollars efficiently and in a manner that directly impacts young men of principle across North America. In the fiscal year 2021:
$0.92
Directly Supported Collegiate Programs
$0.04
Covered Fundraising Expenses
$20,622
Granted Toward Men of Principle Programming
“Support from many Betas and friends over time is what is funding the leadership programs that are building future leaders for our Fraternity and our world.” – Thom Singer, San Diego State ’89
Giving and the Beta Leadership Fund
In any given year, gifts made to the Beta Leadership Fund have the most significant direct impact on the Fraternity’s members and chapters. The Beta Foundation will use this fund in the fiscal year 2023 to provide the following critical programs and services:
- $100,000 in need-based scholarships
- $1,000 per chapter in Men of Principle Scholarship Grants
- Over 96 Merit Scholarships providing roughly $125,500 in tuition assistance
- More than 300 on-campus chapter visits by chapter development consultants
- Some 2,000 scholarships to make Beta’s award-winning leadership programs affordable and accessible to all
- Local coaching and training for more than 1,500 Beta volunteers
Foundation Leadership
The Beta Theta Pi Foundation is led by some of the most talented and committed volunteers and staff in the Fraternal world. Members of its Board of Directors serve on committees responsible for planning investment and spending strategies, fundraising, donor cultivation and provision of educational grants for chapter housing.
- Richard W. Banks, Cornell ’72 – Foundation Chairman
- Stavan R. Bhatt, Louisville ’98
- Michael A. Bickford, Oklahoma ’80
- Arthur C. Carmichael, Jr., Oregon ’62
- Karl Chiao, Texas A&M ’90
- Peter N. Darrow, Miami (Fla.) ’09
- Jeffrey M. Flanagan, Rhode Island ’93
- Scott E. Grotjan, South Dakota ’92
- Randall D. Groves, Kansas State ’78
- Zac T. Haines, Miami ’05
- Kent R. Mire, TCU ’07
- Thomas C. Olver, Central Michigan ’98
- Frederick W. Pierce IV, San Diego State ’84
- R. Thomas Reeves, Eastern Kentucky ’99
- Rick A. Sabol, Ohio ’77
- John W. Torget, Cornell ’93
- Bruce J. Wenger, Lawrence ’89