Educational Institutions

Triangle Education Foundation

  • Plainfield, IN
  • www.triangleef.org

Mission Statement

The Foundation is organized and shall be operated exclusively for educational, charitable and scientific purposes, and particularly for the furtherance of education in the fields of engineering, architecture and the physical sciences. It shall receive, hold, use, administer, invest and reinvest moneys and other real or personal property obtained by it as gifts, contributions, legacies, bequests, devises, grants or otherwise, make loans or grants thereof (from principal or income) to worthy students, the granting of prizes and scholarships to worthy students, the promotion, development and presentation of educational programs such as management and leadership seminars and workshops, the promotion and development of educational facilities such as libraries and other educational aids, the sponsoring of improvements in educational techniques and curricula, and research to these ends.

Main Programs

  1. Leadership Development Programs
  2. Financial Aid
Service Areas

Self-reported

National

Work with students at engineering schools throughout the US.

ruling year

1971

President

Self-reported

Mr. Scott Bova

Keywords

Self-reported

Triangle, Triangle Fraternity

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EIN

23-7063427

Physical Address

120 S Center St

Plainfield, IN 46168 1214

Contact

Cause Area (NTEE Code)

Single Organization Support (B11)

Fund Raising and/or Fund Distribution (B12)

Alumni Associations (B84)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

Current research is showing that the programming provided is making a meaningful impact in the lives of attendees. The programming is related to leadership, communication, community service and values based decision making. In addition, the financial aid program is providing ongoing funding support for students pursuing degrees in engineering, architecture and science.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Leadership Development Programs

Various leadership development programs held throughout the academic year that focuses on ethical leadership practicies and interpersonal skills.

Category

Population(s) Served

Female Youth/Adolescents (14 - 19 years)

Male Youth/Adolescents (14 - 19 years)

Budget

$150,000.00

Program 2

Financial Aid

Scholarships and no-interest student loans to qualified students pursuing degrees in engineering, architecture and science.

Category

Student Financial Aid

Population(s) Served

None

None

None

Budget

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    1. Support the education and leadership development initiatives of Triangle Fraternity and its Chapters
    2. Provide financial aid to members of Triangle to attend institutions of higher education
    3. Increase and sustain financial support of the Foundation
    4. Provide good governance in the operations of the Foundation and manage the assets of the Foundation in a prudent manner
    5. Build brand awareness and image for the Triangle Education Foundation
  2. What are the organization's key strategies for making this happen?
    1. Continue funding for existing programs with appropriate increases for growth and inflation as additional funding becomes available.
    2. Develop and implement automated institutional evaluation systems building on the Jelke research project.
    3. Provide a pool of funds each year for chapters to utilize to make updates and improvements to existing facilities and equipment that will foster academic success.
    4. Evaluate and fund new opportunities based on the following priority order:
    • Leadership / values – including broad-based diversity
    • Life skills including health and wellness
    • Academic success
    • Alumni education and involvement
  3. What are the organization's capabilities for doing this?
    Triangle Education Foundation is strongly affiliated with Triangle Fraternity, an organization founded in 1907 with over 25,000 members. These members are the primary driving support mechanism in securing resources and funding to provide educational and developmental programs to students pursuing degrees in engineering, architecture and science.

    In addition the the support and investment from the members of the Fraternity, there is the built in mechanism to deliver programs on over 40 campuses across the country.
  4. How will they know if they are making progress?
    Indicators of success is shown in the growth, mastery and implementation of leadership skills. This is measured by:
    1. In the short term measurement of comprehension of materials and skills relative to leadership. Done via pre and post tests at seminars and additional follow-up surveys concerning post program usage of skills.
    2. Study/survey of past attendees at key points in their life post graduation measuring implementation and usage of skills trained on during funded programs.
  5. What have and haven't they accomplished so far?
    Progress has been made in overall comprehension of leadership skills and community service. Statistics show increased participation in community service activities and leadership positions on campuses across the country.
Service Areas

Self-reported

National

Work with students at engineering schools throughout the US.

Social Media

Funding Needs

Contributions;Grants

photos


External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

TRIANGLE EDUCATION FOUNDATION
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Operations

The people, governance practices, and partners that make the organization tick.

Triangle Education Foundation

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

President

Mr. Scott Bova

BIO

Scott E. Bova, CFRE currently serves as the President of the Foundation. Scott joined the Triangle Foundation staff in June of 2000. As President Bova is responsible for the daily operations of the Foundation and all avenues of income. Under his leadership Triangle has seen a 300% growth in its endowment. In addition the annual fund income and average gift has increased 135% during his tenure. As a result of this success the Foundation has been able to increase its educational support over 55%.

STATEMENT FROM THE President

" Dear Triangle Friends,

I am often asked why support the Triangle Education Foundation? Simply put the Foundation shapes the futures of young men and changes their lives.

That might sound trite, but our young people are in need of a values based learning experience.Triangle answers that call and provides a living, learning laboratory that allows young men to become experience leaders. Triangle, combined with the educational and leadership programs the Foundation funds, provides young people a values based learning experience unique to any other experience on a college campus.

As much as we would like to think the student newspaper or the physics club on campus can provide the same types of experiences as Triangle, the fact is they do not.You can't escape the daily lessons you learn from living with a group of men, working together for a common goal and united under a shared vision.

Each year the Foundation supports programs that:

Shape an individual's personal development.
Teaches values and ethics based decision making and leadership.
Builds a strong understanding of teamwork and leadership.
Fosters a philosophy of Servant Leadership, community service and philanthropy.
Encourages and supports strong academic success.

Each day at chapters across the country Triangle is developing men to be our society's next generation of leaders. Our future political officials, corporate executives and community activists will be these young men.

How are we successful achieving this ambitious goal you may ask.There is no silver bullet, but with combined efforts of highly trained professional staff, exceptional volunteers, passionate alumni and, of course, generous investors we are able to provide a meaningful and life changing experience for our young men.

As always, thank you to all our investors who give of their time, talent and treasure to make Triangle a life changing experience.I am proud of the work we do each day developing young men to excel as leaders with character and integrity.

Sincerely,

Scott E. Bova, CFRE
President "

Governance

BOARD CHAIR

Mr. Alex Ver

Automotive Holdings Corporation, LLC

Term: Aug 2013 - Aug 2015

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?


ORGANIZATIONAL DEMOGRAPHICS

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

Gender
This organization reports that it does not collect this information for Board Members, Senior Staff, Part-Time Staff and Volunteers.
Race & Ethnicity
This organization reports that it does not collect this information.
Sexual Orientation

This organization reports that it does not collect this information.

Disability

This organization reports that it does not collect this information.

Diversity Strategies
No
We track retention of staff, board, and volunteers across demographic categories
No
We track income levels of staff, senior staff, and board across demographic categories
No
We track the age of staff, senior staff, and board
No
We track the diversity of vendors (e.g., consultants, professional service firms)
No
We have a diversity committee in place
No
We have a diversity manager in place
No
We have a diversity plan
No
We use other methods to support diversity