Alpha Psi of Chi Psi Edu Trust
Alpha Psi of Chi Psi Edu Trust is a private foundation, based in Ithaca, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $591K in total assets. In 2025, it awarded 8 grants totaling $41K. Net investment income was $18K.
Alpha Psi of Chi Psi Edu Trust at a glance
In short: Alpha Psi of Chi Psi Edu Trust gave $41K across 8 grants in 2025 (avg $5K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $41,000
- -7.3% vs 2024
- Grants made (2025)
- 8
- -20.0% vs 2024
- Average grant
- $5,125
- +15.8% vs 2024
- Median grant
- $4,900
- Total assets
- $591,177
- -1.6% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Alpha Psi of Chi Psi Edu Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Alpha Psi Corp of Chi Psi Corporation of Cornell UNI ($9K).
Organizations only. It also paid 7 grants to individuals ($31,900), which are not listed by name.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 57 grants of 57 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Alpha Psi of Chi Psi Edu Trust gives
- Giving grew 59% from 2022 to 2025. Method
- In 2025 it paid out 139% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2K (2020) to $55K (2023). In 2025 it made 8 grants totaling $41K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alpha Psi Corp of Chi Psi Corporation of Cornell UNI Ithaca, NY | Educational Purposes | $9,100 |
| 7 grants to individuals Recipients not named | — | $31,900 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $591,177 | $34,821 | $44,497 | $41,000 | 8 | $42,875 | $17,924 | $30,780 |
| 2024 | $600,853 | $180,732 | $47,048 | $44,250 | 10 | $46,588 | $20,002 | $26,572 |
| 2023 | $394,823 | $28,331 | $58,514 | $55,000 | 10 | $58,304 | $12,746 | $21,129 |
| 2022 | $425,006 | $27,106 | $28,104 | $25,750 | 13 | $27,504 | $10,806 | $20,492 |
| 2021 | $426,004 | $32,336 | $40,784 | $34,000 | 16 | — | $9,178 | $18,971 |
| 2020 | $434,452 | $25,485 | $5,532 | $2,150 | 1 | — | $11,177 | $20,385 |
Under IRS private-foundation payout rules, Alpha Psi of Chi Psi Edu Trust reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Alpha Psi of Chi Psi Edu Trust is led by Perry Jacobs, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Perry Jacobs
President
On filings since 2024
0.5 hrs/week
No compensation reported
William Van Sweringen
Trustee
On filings since 2024
0.5 hrs/week
No compensation reported
Jeffrey Brown
Secretary & Treasurer
Trustee → Treasurer, 2023
Treasurer → Secretary & Treasurer, 2024
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (5)
- Former: Chris Crooker (2020–2023) — Trustee
- Former: Charlie Schlumberger (2022–2023) — Trustee
- Former: Alex Perez (2022) — Treasurer
- Former: Michael Lee (2020–2021) — Secretary & Treasurer
- Former: John L. Neuman (2020) — President & Chair
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Alpha Psi of Chi Psi Edu Trust
How much does Alpha Psi of Chi Psi Edu Trust give each year?
Alpha Psi of Chi Psi Edu Trust gave $41K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 10 grants.
What is Alpha Psi of Chi Psi Edu Trust's typical grant size?
Alpha Psi of Chi Psi Edu Trust's median grant in 2025 was $4,900, and its average grant was $5,125, across 8 grants on its 2025 IRS Form 990-PF.
Where does Alpha Psi of Chi Psi Edu Trust give grants?
Alpha Psi of Chi Psi Edu Trust gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Alpha Psi of Chi Psi Edu Trust give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Alpha Psi of Chi Psi Edu Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Purposes" (8 grants).
How large is Alpha Psi of Chi Psi Edu Trust?
Alpha Psi of Chi Psi Edu Trust reported $591K in total assets on its 2025 IRS Form 990-PF. It paid out $43K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets).
What is Alpha Psi of Chi Psi Edu Trust's EIN?
Alpha Psi of Chi Psi Edu Trust's EIN (Employer Identification Number) is 15-6021424. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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