Phi Rho Sigma Foundation is a private foundation focused on Education, based in NOBLESVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $578K in total assets. In 2024, it awarded 1 grants totaling $40K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$578K
-1.5% YoY
Annual Giving
$40K
-29.2% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$40K
+41.6% YoY
Under IRS private-foundation payout rules, Phi Rho Sigma Foundation reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
About Phi Rho Sigma Foundation
Based on IRS filings
Phi Rho Sigma Foundation is a private foundation focused on Education, based in NOBLESVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $578K in total assets. In 2024, it awarded 1 grants totaling $40K. Net investment income was $32K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $578,398 | $587,392 | $633,625 |
| Revenue | $51,244 | $31,697 | $64,099 |
| Expenses | $60,238 | $77,930 | $54,689 |
| Qualifying Distributions | $40,000 | $56,500 | $28,184 |
| Net Investment Income | $32,279 | $18,096 | $43,508 |
| Distributable Amount | $82,284 | $75,356 | $72,594 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Phi Rho Sigma Medical Soc ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PHI RHO SIGMA MEDICAL SOC INDIANAPOLIS, IN | EDUCATION GRANT | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN D AYRES | TRUSTEE | 2 | $2,500 |
| MARTIN B WICE | TRUSTEE | 0.1 | — |
| JAMES L JACKSON | TRUSTEE | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Phi Rho Sigma Foundation?
Phi Rho Sigma Foundation is a private foundation focused on Education, based in NOBLESVILLE, IN. It holds $578K in total assets as of 2024.
How large is Phi Rho Sigma Foundation?
As of 2024, Phi Rho Sigma Foundation holds $578K in total assets with $51K in annual revenue. It awarded 1 grants totaling $40K in 2024.
Where does Phi Rho Sigma Foundation operate?
Phi Rho Sigma Foundation has awarded grants in Arizona, Iowa, Indiana, Michigan, Minnesota, Nebraska, Ohio.
What size grants does Phi Rho Sigma Foundation award?
In 2024, Phi Rho Sigma Foundation awarded 1 grants totaling $40K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is Phi Rho Sigma Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Phi Rho Sigma Foundation reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Phi Rho Sigma Foundation's EIN?
Phi Rho Sigma Foundation's EIN (Employer Identification Number) is 35-1974282. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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