The Crescent Foundation Incorporated was introduced to the membership of the Gamma Eta Sigma (Tampa, FL Alumni) Chapter of Phi Beta Sigma Fraternity, Inc. March 2005. The Foundation 501(C)(3) non-profit designation was granted December 26, 2007.  The mission and purpose of the Foundation is to promote programs and activities that target males 13-18, provide educational and social activities for said group. The Foundation will endeavor to provide activities programs, etc. intended to assist young males in excelling in contemporary society, focusing on home, culture, athletics, social and educational needs. The Crescent Foundation Incorporated offers its membership a unique opportunity to develop values, leadership skills, social and cultural awareness.

The major focus of the Crescent foundation is the Sigma Beta Club. In 1950 Phi Beta Sigma Fraternity became the first Greek organization to develop a youth auxiliary group. Under the direction of Dr. Parlette L. Moore the Sigma Beta Club was founded. Brother Moore was concerned about our changing needs in our communities and recognized the important role that Sigma men could play in the lives of our youth.

The Sigma Beta Clubs' four major principals focus on Culture, Athletics, Social and Educational needs. The Sigma Beta Club offers our membership a unique opportunity to develop values, leadership skills and social/cultural awareness in our youth during their developmental years. Sigma Beta Club programs are geared to meet the needs of its member, but at the same time provide them with a well-rounded out look that is needed to cope with today's society. Phi Beta Sigma is confident that investing in our youth today will produce effective leaders of tomorrow.