Mu Alpha Theta Educational Foundation Inc.

“The executive director works with an accounting firm to fill out the 990 forms with input from the treasurer. After the forms are completed, the governing council members review all forms at their summer governing council meeting. Any item of concern is discussed at that meeting. Corrections are made. When the forms meet with the approval of all members, there is a motion to approve the returns and file these with the irs.”

“Members of the governing council fill out a questionnaire during the first meeting of the year, usually in january or february. The questionnaire requires them to disclose any possible conflict of interest for the coming fiscal year. Should a conflict of interest be noted, the council member will abstain from any discussion or votes identified as a possible conflict of interest.”

“The executive director is the only salaried officer. Her salary was initially determined by the treasurer. The determination was made based on comparisons with other officials at the university of oklahoma, including development officers, financial associates and administrators, who have duties overlapping with hers.”

“The organization makes its national constitution, conflict of interest policy, and other governance policies available at its website. Financial statements are available upon request from the national office.”

“The organization supports its members, sponsors, and chapters with scholarships, awards, and grants. Each summer, the foundation holds a national convention during which members spend four days competing for the highest scores on math tests, practicing their public speaking and teaching skills via math "chalk talks", attending math speaker sessions, networking with other members and mathematicians, and taking a field trip to a local attraction.”

“Annual convention - in july, 798 mu alpha theta members, sponsors, and chaperones attended the 2019 national convention in las vegas, nv. Members participated in three rounds of mathematics topic tests including: analytic geometry, limits/derivatives, statistics, number theory, and many others. Students also took individual tests over multiple math topics. There were team math contests, speed and mental math tests, and a math- themed poster design contest. Some students prepared a math chalk talk to present to an audience on a selected math topic. Students attended speaker sessions presented by mathematicians. An additional benefit of the national convention is that it allows students who love math to interact with like-minded peers. Many of the participants at the national convention continue to study mathematics in college due to an enjoyment of math fostered in part by participating in mu alpha theta competitions, including the national convention.”

“Support the national high school & two-year college mathematics honor societys mission - the mu alpha theta educational foundation helped to further the goals of mu alpha theta by funding grants, awards, and scholarships to its members, sponsors (teachers), and chapters. These grants, awards, and scholarships relieved some of the financial burden of attending college for members, helped new teachers purchase math supplies for their classrooms so they could confer the enjoyment of mathematics on their students, and funded recognition awards to superior sponsors and their schools. Additionally, the foundations funds were used to purchase honor cords and tassels that in turn generate income for the foundation and support its administrative costs. Supplies that were donated to the foundation were provided to mu alpha theta chapters and members.”

“Scholarships, grants, awards & prizes - academic scholarships - the educational foundation awarded 49 scholarships to outstanding mu alpha theta graduating seniors in 2019. Scholarships were awarded to active members who were judged to be outstanding mathematics students and who have shown loyalty and enthusiastic dedication to their mu alpha theta chapters with evidence of community service in mathematics. The top awardees received 5,000 scholarships. All other recipients received 4,000 scholarships. Scholarships were paid directly to the students colleges to help pay for tuition and fees or were awarded as cash stipends to the students. Convention grants five chapters of mu alpha theta were awarded convention grants by the educational foundation in 2019. These grants were awarded to schools that had never attended the national convention. Each convention grant provided free registration for three members and a teacher to attend the las vegas, nv national convention, with some additional funds remaining for travel reimbursement. Many schools attending the national convention on a convention grant will return in future years with more students due to their enjoyment of the convention and the availability of 1,000 mini-grants for past convention grant-winning schools. Awards - the educational foundation gave awards to outstanding chapters, sponsors, and students. One school was awarded 5,000 for mathematics service to students in its community. Three sponsors received a 1,000 cash award for their exemplary service and their chapters received a 1,000 grant, while two more sponsors received a 2,000 cash award and a 1,000 grant for their chapters in honor of their dedication to mu alpha theta and their students. Two outstanding members each received a 4,000 cash award and two awards of 2,500 each were presented to members who were studying to become mathematics educators. Prizes - during the year, an outside organization donated books for the foundation to give away as prizes at our national convention.”

“Line 2a - employees reported on form w-3 the salary and benefit expenses reported on form 990, part ix, line 5 are expenses incurred for hours of service rendered by certain individuals. However, these individuals are reported on form w-3 of the university of oklahoma, an agency of the state of oklahoma. This organization reimburses the university of oklahoma for use of these employees' time. Consequently, this organization does not file form w-3, so this question is answered zero.”