To financially support the charitable and educational purposes of the Fraternity of Alpha Kappa Lambda, Gamma Chapter, located at the University of Illinois, Champaign-Urbana. Our mission is to provide young men with financial support and guidance for career and character development initiatives that are consistent with our five ideals: leadership, scholarship, Christian-Judeo principles, self-support, and loyalty.
Key facts about GAMMA401 Foundation Inc
In short: GAMMA401 Foundation Inc gave $100K across 2 grants in 2026 (avg $50K), mostly in Indiana. Source: 2026 IRS Form 990-PF.
- EIN
- 82-4069853
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $100,000
- Grants made (2026)
- 2
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $1,003,527
- Primary geography
- Indiana (100% of itemized 2026 grant dollars)
Data from IRS Form 990-PF, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$1.0M
-0.9% YoY
Annual Giving
$100K
+66.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$50K
-16.7% YoY
How GAMMA401 Foundation Inc gives
- Giving grew 400% from 2023 to 2026. Method
From the foundation's IRS Form 990 filings. Methodology.
About GAMMA401 Foundation Inc
Based on IRS filings
GAMMA401 Foundation Inc is a private foundation focused on Education, based in Spring Grove, IL. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $1.0M in total assets. In 2026, it awarded 2 grants totaling $100K. Net investment income was $91K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2026 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| AKL Education Foundation Indianapolis, IN | EDUCATION | $50,000 |
| The Fraternity of AKL Carmel, IN | EDUCATION | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $1,003,527 | $1,012,930 | $999,942 |
| Revenue | $94,446 | $82,665 | $59,431 |
| Expenses | $103,849 | $69,677 | $33,239 |
| Qualifying Distributions | $100,000 | — | — |
| Net Investment Income | $90,597 | $82,665 | $59,431 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS October 18, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 20, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 19, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 11, 2025)
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 13, 2026)
Leadership & Key People
Officers and directors from IRS filings
GAMMA401 Foundation Inc is led by Jeffrey Kaplan, President on every filing since 2021; none of the 3 officers listed in 2026 report compensation.
Officers on the 2026 filing
Jeffrey Kaplan
President
On filings since 2021
1 hr/week
No compensation reported
Chris Disher
Director
On filings since 2021
1 hr/week
No compensation reported
Thomas Franz
Treasurer
On filings since 2021
2 hrs/week
No compensation reported
Former officers (2)
- Former: Benjiman Hasan (2021–2024) — Director
- Former: Dan Dal Degan (2021–2024) — Director
Data from IRS Form 990 filings, 2021–2026. "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 GAMMA401 Foundation Inc
How much does GAMMA401 Foundation Inc give each year?
GAMMA401 Foundation Inc gave $100K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $60K across 1 grant.
How large is GAMMA401 Foundation Inc?
GAMMA401 Foundation Inc reported $1.0M in total assets on its 2026 IRS Form 990-PF. Its revenue that year was $94K.
What is GAMMA401 Foundation Inc?
GAMMA401 Foundation Inc is a private foundation focused on Education, based in Spring Grove, IL. It holds $1.0M in total assets as of 2026.
Where does GAMMA401 Foundation Inc operate?
GAMMA401 Foundation Inc has awarded grants in Indiana.
What is GAMMA401 Foundation Inc's EIN?
GAMMA401 Foundation Inc's EIN (Employer Identification Number) is 82-4069853. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching GAMMA401 Foundation Inc by hand.
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