Beta Iota Scholarship Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Beta Iota Scholarship Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 26-3614545

Foundation Overview

Based in Chicago, IL, Beta Iota Scholarship Foundation has awarded 37 grants totaling $167,300 to organizations in Virginia, North Carolina and 17 other states across the US. Individual grants range from $1,250 to $50,000, with a median award of $2,000.

Latest Tax Year
2018
Total Giving (all years)
$167,300
Total Assets
$594,959
Median Grant (all grants)
$2,000

Latest Form 990-PF Snapshot

Total Grants
9
Median Grant
$5,000
% Median Grant Growth
+100% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2020

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Growth-Minded: 67%

6 of 9 recipients (67%) were new grantees. Foundation actively seeks new partnerships to expand impact. Fresh approaches and innovative programs receive serious consideration.

Geographic Focus
Illinois

Grants are geographically diversified with 24% in Illinois and funding distributed across 19 total locations. This foundation values broad geographic impact and diverse community partnerships. Within Illinois, funding concentrates in Chicago (67%), Evanston (22%), Champaign (11%).

Funding Trajectory
+77%

Strong 77% growth in annual giving over 2 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
Education

Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Beta Iota Scholarship Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
University Of Virginia $50,000 Charlottesville, VA, US The Alumni Association Will Give Scholarships 2018
Duke University $5,000 Durham, NC, US The Alumni Association Will Give Scholarships 2018
University Of Miami $2,000 Coral Gables, FL, US The Alumni Association Will Give Scholarships 2018
Middlebury College $5,000 Middlebury, VT, US The Alumni Association Will Give Scholarships 2018
James Madison College $2,000 East Lansing, MI, US The Alumni Association Will Give Scholarships 2018
Albion College $2,000 Albion, MI, US The Alumni Association Will Give Scholarships 2018
Bates College $5,000 Lewsiton, ME, US The Alumni Association Will Give Scholarships 2018
University Of Illinois At Chicago $5,250 Chicago, IL, US The Alumni Association Will Give Scholarships 2018
Upper Iowa University $1,500 Fayette, IA, US The Alumni Association Will Give Scholarships 2018
Centre College $3,800 Danville, KY, US The Alumni Association Will Give Scholarships. 2017
Georgetown University $2,000 Washington, DC, US The Alumni Association Will Give Scholarships. 2017
Northwestern University $2,500 Evanston, IL, US The Alumni Association Will Give Scholarships. 2017
University Of Chicago $2,000 Chicago, IL, US The Alumni Association Will Give Scholarships. 2017
University Of Virginia $17,000 Charlottesville, VA, US The Alumni Association Will Give Scholarships. 2017
Williams College $2,000 Williamstown, MA, US The Alumni Association Will Give Scholarships. 2017
University Of Illinois $2,500 Champaign, IL, US The Alumni Association Will Give Scholarships. 2017
Texas A&m University $5,000 College Station, TX, US The Alumni Association Will Give Scholarships. 2017
Saint Louis University $2,500 St Louis, MO, US The Alumni Association Will Give Scholarships. 2017
University Of Illinois At Chicago $1,250 Chicago, IL, US The Alumni Association Will Give Scholarships. 2017
University Of Wyoming $2,500 Laramie, WY, US The Alumni Association Will Give Scholarships. 2017
Washington University In St Louis $2,500 St Louis, MO, US The Alumni Association Will Give Scholarships. 2017
University Of Virginia $6,000 Charlottesville, VA, US The Alumni Association Will Give Scholarships. 2016
Clemson University $2,000 Clemson, SC, US The Alumni Association Will Give Scholarships. 2016
Georgetown University $2,000 Washington, DC, US The Alumni Association Will Give Scholarships. 2016
Texas Christian University $4,000 Fort Worth, TX, US The Alumni Association Will Give Scholarships. 2016
Middlebury College $2,000 Middlebury, VT, US The Alumni Association Will Give Scholarships. 2016
Dartmouth College $2,000 Hanover, NH, US The Alumni Association Will Give Scholarships. 2016
North Park University $4,000 Chicago, IL, US The Alumni Association Will Give Scholarships. 2016
University Of Chicago $2,000 Chicago, IL, US The Alumni Association Will Give Scholarships. 2016
University Of Wisconsin $2,000 Madison, WI, US The Alumni Association Will Give Scholarships. 2016
Williams College $2,000 Williamstown, MA, US The Alumni Association Will Give Scholarships. 2016
Indiana University $2,000 Bloomington, IN, US The Alumni Association Will Give Scholarships. 2016
Malcom X College $4,000 Chicago, IL, US The Alumni Association Will Give Scholarships. 2016
Dickinson College $2,000 Carlisle, PA, US The Alumni Association Will Give Scholarships. 2016
Northwestern University $4,000 Evanston, IL, US The Alumni Association Will Give Scholarships. 2016
University Of Pittsburgh $2,000 Pitssburgh, PA, US The Alumni Association Will Give Scholarships. 2016
University Of North Carolina $2,000 Chapel Hill, NC, US The Alumni Association Will Give Scholarships. 2016

Foundations Similar to Beta Iota Scholarship Foundation

Discover 5 foundations with comparable assets ($594,876-$597,685), similar grant patterns, and geographic focus in IL that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 43-1910010 | 71 grants awarded
$595,030
(≈ Similar)
$2,395
median grant
Springfield, IL
Same state
100%
Excellent match

EIN: 36-3485275 | 86 grants awarded
$594,876
(≈ Similar)
$1,000
median grant
Glenview, IL
Same state
100%
Excellent match

EIN: 45-4000190 | 94 grants awarded
$595,164
(≈ Similar)
$1,000
median grant
Northfield, IL
Same state
100%
Excellent match

EIN: 84-3957631 | 106 grants awarded
$596,228
(≈ Similar)
$2,000
median grant
Riverwoods, IL
Same state
100%
Excellent match

EIN: 84-6272577 | 64 grants awarded
$597,685
(≈ Similar)
$3,373
median grant
Chicago, IL
Same state
100%
Excellent match

Contact Information

Official contact details for Beta Iota Scholarship Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 26-3614545
Website N/A
Address 2423 W CARMEN AVE Chicago, IL 60625-2605

Key People (7)

Board members, trustees, and key staff who oversee Beta Iota Scholarship Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Andrew Wilson
Treasurer Benjamin Dekker
Director Daniel Stern
Director Jason Beverage
Director Barton Harris

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Beta Iota Scholarship Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2020 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.