Mission
The Beta Psi 1923 Foundation serves to raise funds and provide scholarships to support students enrolled at Clark Atlanta University. Established by alumni of the Beta Psi Chapter of Omega Psi Phi Fraternity, the foundation aims to foster a legacy of giving which directly impacts the educational opportunities for future generations of students.
Basic Information
Tax-Exempt
Founded in
2016
EIN
81-3917678
Total Assets
$23.69 thousand
At a Glance
100 Years of Greatness Gala
Celebrating a monumental milestone at the Beta Psi 100 Years of Greatness Gala.
Scholarship Initiatives
Providing scholarships for deserving students at Clark Atlanta University.
CAU Unity Brick Campaign
A community campaign to raise funds and engage alumni.
Impact Stats
$305,000.00
Total Amount Donated
Dr. Moses C. Norman Sr. Endowment Fund Established
A pledge of $100,000 to establish an endowment fund in honor of Dr. Moses C. Norman Sr.
$350,000.00
Total Donations
Total Funds Raised Through Scholarships
Various scholarship initiatives have collectively raised substantial funds.
Past Events
1st Annual Virtual Film Festival
April 17, 2021
The successful first annual film festival highlighting independent filmmakers.
Homecoming Event 2018
October 13, 2018
Celebration of the foundation's achievements and the importance of alumni giving.
Upcoming Events
Beta Psi Centennial Gala
December 2, 2023
A gala celebrating the 100th anniversary of the Beta Psi chapter.
Learn MoreOur Programs
Dr. Moses C. Norman, Sr. Endowed Scholarship
Scholarship for CAU students with a minimum GPA requirement.
Learn MoreDr. Gideon K. Mincey Memorial Scholarship
Targeted for Biology/Science majors demonstrating financial need.
Learn MoreMIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
40
20
/100
Program Expense Ratio
0.00%
2
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0
2
/20
Working Capital Ratio
0.09928
2
/20
Fundraising Efficiency
1.181
12
/20
Latest Filing Data: Form 990
Fiscal Year:2023
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 210.6K | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 210.6K | 100.00% |
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