Kappa Alpha Theta Foundation is a 501(c)(3) charitable and educational organization headquartered at 8740 Founders Road in Indianapolis, Indiana. Founded in 1960, the Foundation serves as the philanthropic arm of Kappa Alpha Theta, the first Greek-letter organization for women established in 1870. The Foundation secures and manages resources to support educational, leadership, and philanthropic initiatives benefiting Kappa Alpha Theta members and aligned causes.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$47.9M
+8.7% YoY
Annual Giving
$2.0M
-16.2% YoY
Grant Count
49
+11.4% YoY
Avg Grant Size
$42K
-24.8% YoY
Mission & Focus Areas
Mission Statement: To secure and manage resources for the educational, leadership, and philanthropic programs of the Fraternity and for the scholastic, professional, and service pursuits of its members to help them reach their fullest potential and make a difference in the world.
Vision: To give every Theta every opportunity to make a difference.
Primary Program Areas:
- Grants to individuals or organizations for educational and leadership training programs
- Scholarships to Kappa Alpha Theta fraternity alumnae and collegians
- Philanthropic grants to organizations supporting those with special needs
- Non-degree educational, service-learning, and leadership grants
- Educational and leadership programs for the Fraternity
Grantmaking
The Foundation awards more than $1 million annually in scholarships and grants. In 2025, the Foundation celebrated awarding over $1 million in scholarships to support Theta members in pursuing their ambitions and becoming change agents and innovators.
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Geographic Focus
Where this funder awards grants
The Foundation operates nationally, supporting Kappa Alpha Theta members across college and alumnae chapters throughout the United States.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2025:
- Total Assets: $47,948,444
- Total Revenues: $6,245,264
- Total Expenses: $4,668,333
- Annual Revenue (alternate source): $31,466,485
Historical Assets (2014):
- Assets: $33,784,767
- Income: $7,398,367
The Foundation employs 2 staff members.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $47,948,444 | $44,102,369 | $42,187,004 |
| Revenue | $6,245,264 | $5,661,311 | $4,162,102 |
| Expenses | $4,668,333 | $4,774,556 | $2,861,080 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,496,286 | $2,094,021 | $1,186,117 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
128 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Kelley Hurst - Executive Director
The Foundation is governed by a Board of Trustees.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KELLEY HURST | EXECUTIVE DIRECTOR | 50 | — |
| JENNIFER SCHMALTZ | CHIEF EXEC OFFICER/SECRETARY | 1 | — |
| APRIL BROWN | TRUSTEE | 1.5 | — |
| MINDY YOUNG MARSHALL | CHIEF ADMINISTRATIVE OFFICER | 1 | — |
| JULIANNE BUTLER | CHIEF MARKETING OFFICER | 1 | — |
| HEATHER DARRING | CHIEF INFORMATION OFFICER | 1 | — |
| JEFFREY RISSER | CHIEF FINANCIAL OFFICER | 1 | — |
| JANE DICK | TRUSTEE | 3 | — |
| KIM LININ | TRUSTEE | 1.5 | — |
| KIM LOONEY | TRUSTEE | 3 | — |
| ERICA OCHS | TRUSTEE | 1 | — |
| ANA SCHWAB | TRUSTEE | 2 | — |
| CYNTHEA YESTAL | TRUSTEE | 1 | — |
| NANCY FRICK | PRESIDENT | 8 | — |
| AMY HAMILTON | VICE PRESIDENT | 2 | — |
| LISA YOUNGERS | TREASURER | 1.25 | — |
Recent News & Activity
Recent developments and announcements
The Foundation debuted its 2026 Scholarship Application with insider tips for applicants shared in December 2025
Read Theta Foundation's 2023-2024 Scholarship &\u2026 | Kappa Alpha ThetaThe Founders Memorial Scholarship program continues to recognize outstanding recipients, including Hannah Fitch Shaw in 2025
2024 Founders Memorial Scholarship Recipients | Kappa Alpha ThetaThe Foundation maintains a 2024-2025 annual report documenting member impact
Form 990 filings are available for 2024, 2023, and 2022
Contact Information
Address: 8740 Founders Road, Indianapolis, IN 46268-1337
Phone: 888-526-1870
Website: kappaalphathetafoundation.org
EIN: 36-6066531
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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