Phi Beta Sigma Fraternity Inc logo

Phi Beta Sigma Fraternity Inc

Grantmaker Washington, DC EIN: 11-1709989 Website

The brothers of phi beta sigma are the fraternity's most valuable resource and strength. They are the primary means by which the phi beta sigma objectives will be achieved. In order to accomplish the fraternity's objectives, it is essential that systems are instituted that effectively embody "culture for service and service for humanity and promote brotherhood, scholarship and service.

Key facts about Phi Beta Sigma Fraternity Inc

In short: Phi Beta Sigma Fraternity Inc gave $103K across 5 grants in 2024 (avg $21K), top state Maryland. Source: 2024 IRS Form 990 filing.

EIN
11-1709989
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$102,500
Grants made (2024)
5
Average grant
$20,500
Median grant
$22,500
Total assets
$13,964,844
Primary geography
Maryland (46% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$14.0M

+27.1% YoY

Annual Giving

$103K

-31.7% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$21K

-4.3% YoY

How Phi Beta Sigma Fraternity Inc gives

  • Giving fell 62% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Phi Beta Sigma Fraternity Inc

Based on IRS filings

Phi Beta Sigma Fraternity Inc is a nonprofit organization, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.0M in total assets. In 2024, it awarded 5 grants totaling $103K. Net investment income was $230K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states

Share of all 5 itemized 2024 grant dollars.

Cities

WashingtonBaltimoreAlexandriaNew YorkArlingtonAtlantaBaton RougeCaryChicagoGeorgetownHanoverMemphisSelma

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants20207 grants20216 grants20227 grants20235 grants2024

From 2020 to 2024, annual grant giving ranged from $103K (2024) to $270K (2021). In 2024 it made 5 grants totaling $103K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

American Cancer Society: $25KAmerican Cancer Society$25KSickle Cell Disease Association of America Inc: $25KSickle Cell DiseaseAssociation of America Inc$25KNAACP: $23KNAACP$23KZeta Phi Beta Sorority Inc: $20KZeta Phi Beta Sorority Inc$20KAlpha Kappa Alpha Educational Adv Found Inc: $10KAlpha Kappa Alpha EducationalAdv Found Inc$10K

The largest 2024 recipient was American Cancer Society ($25K). Together the top 5 received $103K.

Grant Size Distribution

28 grants across all recorded years

23<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 28 (82%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Cancer Society Washington, DCHealth Equity Ambassador Program 25K Donation$25,000
Sickle Cell Disease Association of America Inc Hanover, MDCharitable Donation$25,000
NAACP Baltimore, MD2024 james weldon johnson scholarships: 15 scholarships at $1,500 each, plus $2,500 adm$22,500
Zeta Phi Beta Sorority Inc Washington, DCCharitable Donation$20,000
Alpha Kappa Alpha Educational Adv Found Inc Chicago, ILCharitable Donation$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2.5M$5M$7.5M$10M20202021202220232024
Metric202420232022
Total Assets$13,964,844$10,983,848$10,895,468
Revenue$5,033,530$7,721,840$4,375,051
Expenses$4,060,281$6,132,782$3,215,471
Qualifying Distributions———
Net Investment Income$229,811$38,021$25,481
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Phi Beta Sigma Fraternity Inc is led by Daryl A. Anderson Sr., International Executive Director since 2021 (on filings since 2020); 1 of 23 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Daryl A. Anderson Sr.

    International Executive Director

    Executive Director → International Executive Director, 2021

    On filings since 2020

    40 hrs/week

    $121K (2020) → $125K (2024)

  • Chris V. Rey JD

    International President

    First Vice President → International President, 2021

    On filings since 2020

    15 hrs/week

    No compensation reported

  • Errick Farmer

    Southern Regional Director

    Eastern Regional Director → Southern Regional Director, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Malwan Johnson

    Director of Social Action

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Terrance Gibson

    International Director of Bigger & Better Business

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Brandon Hill

    Southwestern Regional Director

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Charles Jones

    Great Lakes Regional Director

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Earl Gamble

    Gulf Coast Regional Director

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Richard Boone

    Southeastern Regional Director

    On filings since 2022

    5 hrs/week

    No compensation reported

  • Emmanuel Rowe

    Director of Education

    On filings since 2023

    5 hrs/week

    No compensation reported

  • James R. Reeves

    Eastern Regional Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Monaleto Irby

    Director of Collegiate Affs

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Sidney Jackson Jr.

    Western Regional Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Bro Kenneth Straughter

    Southern Region Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Nigel Coelho

    Eastern Region Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • David Turner

    International 1st Vice President

    Director → International 1st Vice President, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Kennedy Barnes

    Legal Counsel

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Michael E. Cristal

    Immediate Past President

    President → Immediate Past President, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • William J. Frasier Jr.

    International Treasurer

    Treasurer → International Treasurer, 2021

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Arness Georgetown

    Collegiate Member at Lg

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Ethan McLean

    Intl Second Vice President

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Keith Pitts

    Distinguished Service Representative

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Ramsey Cooper

    Immediate Past Director

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (27)
  • Former: Joshua A. Busby (2020–2023) — Director of Collegiate Aff & Director of Collegiate Affs
  • Former: Jr Reeves (2020–2023) — Eastern Regional Director
  • Former: Marcus Chanay (2020–2023) — Director of Education
  • Former: Jared Jackson (2021–2023) — Collegiate Member-At-Large & Collegiate Mbr-At-Lg
  • Former: Max McDaniel (2021–2023) — 2nd Vice President
  • Former: Shawn Adams (2021–2023) — Collegiate Member-At-Large
  • Former: Theopolis Woodward (2021–2023) — Dist Service Chapte & Dist. Service Chapter Representative
  • Former: Sidney Jackson (2022–2023) — Western Regional Director
  • Former: Vanderbilt Thompson (2023) — Collegiate Mbr-At-Large
  • Former: Howard Redmondterm (2022) — Gulf Coast Regional Director · Filing note: Ended 422
  • Former: Kedrick Nallsterm (2022) — Western Regional Director · Filing note: Ended 422
  • Former: Lawrence Rouseterm (2022) — Southeastern Regional Director · Filing note: Ended 422
  • Former: Michael Murryterm (2022) — Southwestern Regional Director · Filing note: Ended 422
  • Former: Dane Norvell (2020–2021) — 2nd Vice President
  • Former: Howard Redmond (2020–2021) — Gulf Coast Regional Director
  • Former: Jonathan A. Mason (2020–2021) — Immediate Past President
  • Former: Kedrick Nalls (2020–2021) — Western Regional Director
  • Former: Lawrence Rouse (2020–2021) — Southeastern Regional Director
  • Former: Matthew Swalek (2020–2021) — Collegiate Member at Large
  • Former: Michael Baslee (2020–2021) — Director of Social Action
  • Former: Michael Murry (2020–2021) — Southwestern Regional Director
  • Former: Reginald Sluch (2020–2021) — International Director of Bigger & Better Business
  • Former: Samuel Sarkodie (2020–2021) — Collegiate Member-At-Large
  • Former: Devon Henry (2020) — Director
  • Former: Mark Armstrong (2020) — Director
  • Former: Martin Roy Edmonds (2020) — Director
  • Former: Theo Woodward (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Daryl a Anderson Sr — International Executive Director: $125KDaryl a Anderson SrInternational Executive Director$125K

The highest reported compensation on the 2024 filing was $125K, to Daryl a Anderson Sr (International Executive Director).

Frequently asked questions about Phi Beta Sigma Fraternity Inc

How much does Phi Beta Sigma Fraternity Inc give each year?

Phi Beta Sigma Fraternity Inc gave $103K across 5 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $150K across 7 grants.

What is Phi Beta Sigma Fraternity Inc's typical grant size?

Phi Beta Sigma Fraternity Inc's median grant in 2024 was $22,500, and its average grant was $20,500, across 5 grants on its 2024 IRS Form 990 filing.

Where does Phi Beta Sigma Fraternity Inc give grants?

Phi Beta Sigma Fraternity Inc's top state is Maryland, with 46% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were District of Columbia (44%) and Illinois (10%). The most frequent recipient cities were Washington, DC (2 grants).

Does Phi Beta Sigma Fraternity Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Phi Beta Sigma Fraternity Inc's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Charitable Donation" (3 grants).

Who are Phi Beta Sigma Fraternity Inc's largest grantees?

Phi Beta Sigma Fraternity Inc's largest 2024 grantees include American Cancer Society ($25,000), Sickle Cell Disease Association of America Inc ($25,000) and NAACP ($22,500), according to its 2024 IRS Form 990 filing. Together they received 71% of its itemized 2024 grant dollars.

How large is Phi Beta Sigma Fraternity Inc?

Phi Beta Sigma Fraternity Inc reported $14.0M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $5.0M.

What is Phi Beta Sigma Fraternity Inc's EIN?

Phi Beta Sigma Fraternity Inc's EIN (Employer Identification Number) is 11-1709989. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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