The Beta Sigma Psi Educational Foundation is a fully qualified tax-exempt charitable organization. It was founded in 1982 to provide for the educational and developmental needs of fraternity members and Lutheran college students. The foundation was created to perpetuate the qualities of personal worth, responsibility and character as espoused by Beta Sigma Psi Fraternity and the doctrines of the Lutheran Church. The purposes for which the fraternity was formed will guide the actions and decisions of the Board of Directors of the Educational Foundation regarding the disbursement and allocation of funds. Contributions to the Beta Sigma Psi Educational Foundation are deductible to the extent allowed by law under Section 170 of IRS code.

Why does the BSPEF exist?

The National Council's expenses exceed the fraternity's income from undergraduate and alumni chapter fees. The Educational Foundation helps pay the expenses for member development programs to the limit of its resources.

The Educational Foundation must have assured annual income to adequately back these programs which is why a certain percentage of its annual income is placed in an endowment. This will provide the resources in the future for the National Council to concentrate on helping chapters grow and improve the fraternity experience for undergraduate members.

Beta Sigma Psi exists to promote the personal development of its members, our Brothers. By working together, undergraduates are exposed to a wide variety of growth experiences as leaders, followers, and teammates. They manage their own organizations, identify problems, set goals and learn through successes and failures in a supportive environment. This is all part of the fraternity experience that prepares our members for more successful lives.

The Beta Sigma Psi Educational Foundation exists to improve upon and promote educational activities and programs that reflect the purposes of Beta Sigma Psi. It's that simple. The Foundation is an instrument through which alumni can help younger members lead richer, fuller lives and produce positive results for our society.

• Because the Beta Sigma Psi Educational Foundation is a public charity, contributions are tax deductible to the donor. There are definite financial advantages for a member to donate!
• Because the directors of the Beta Sigma Psi Educational Foundation must allocate financial resources only to the educational aspects of the Fraternity, it ensures a high priority for a primary purpose of Beta Sigma Psi.
• Because the Beta Sigma Psi Educational Foundation pays for educational expenses, more funds will be available to the Fraternity to pay for improved chapter services and for expansion.
• Because assistance from the National Fraternity strengthens our chapters, we are able to help them grow and provide a better environment for the fraternity experience.
• Because the Fraternity needs growth in terms of numbers of undergraduate members, both the chapters and the national organization benefit from the increased cash flow generated by contributions to the Beta Sigma Psi Educational Foundation.