The Beta Foundation is a private foundation incorporated in Delaware and located in Lewes, DE. Established in 2019, it operates as a 501(c)(3) organization with tax-exempt status. The foundation supports the Beta Theta Pi fraternity by raising resources and distributing grants to advance the fraternity's mission of developing principled men.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
-0.2% YoY
Annual Giving
$486K
+42.4% YoY
Grant Count
18
+0.0% YoY
Avg Grant Size
$27K
+42.4% YoY
Mission & Focus Areas
The foundation's primary purpose is to support Beta Theta Pi fraternity chapters across United States college campuses. According to its filings, the foundation only makes contributions to preselected charitable organizations. Beyond fraternity support, the foundation has demonstrated funding interests in:
- General support
- Medical support
- Educational support
- Shelter and housing support
- Disaster relief
- Community support
Grantmaking
The foundation makes contributions only to preselected charitable organizations, indicating a non-open application process.
Grant Range
$500 to $250,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
Grantmaking is concentrated in Beta Theta Pi fraternity chapters across United States college campuses. The foundation has supported 31 unique organizations, with primary funding activity in Texas, California, and Connecticut.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $7,122,615
- Total revenues: $1,511,152
- Total expenses: $351,180
- Total liabilities: $0
- Total grants and contributions: $1,297,930
Historical Distribution:
- Annual distributions have ranged from $341,000 to $2,400,000 (2020-2023)
- Highest grantmaking activity in 2022: $2,400,000 distributed across 42 grants
Staffing:
- 0 employees listed
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,108,080 | $7,122,615 | $6,596,367 |
| Revenue | $472,935 | $1,511,152 | $344,982 |
| Expenses | $487,470 | $351,180 | $1,200,712 |
| Qualifying Distributions | $485,700 | $342,416 | $1,194,345 |
| Net Investment Income | $471,165 | $208,458 | $338,615 |
| Distributable Amount | $522,719 | $346,885 | $393,508 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer:
- Eli Gottesdiener (Officer, no compensation listed)
The foundation is governed by 1 officer or trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELI GOTTESDIENER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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