Psi Chapter Diamond Association Char Fdn
Psi Chapter Diamond Association Char Fdn is a private foundation based in Ocala, Florida. It made 26 grants totaling $192,984 in 2024, including scholarship awards and general-purpose grants.
Key facts about Psi Chapter Diamond Association Char Fdn
In short: Psi Chapter Diamond Association Char Fdn gave $193K across 26 grants in 2024 (avg $7K), mostly in West Virginia. Source: 2024 IRS Form 990-PF.
- EIN
- 25-1346247
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $192,984
- Grants made (2024)
- 26
- Average grant
- $7,422
- Median grant
- $998
- Total assets
- $1,432,334
- Primary geography
- West Virginia (95% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓
- Deadline
- No deadlines.
Data from IRS Form 990-PF, 2024; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-7.0% YoY
Annual Giving
$193K
+226.6% YoY
Grant Count
26
-10.3% YoY
Avg Grant Size
$7K
+264.3% YoY
Under IRS private-foundation payout rules, Psi Chapter Diamond Association Char Fdn reported a distributable amount of $103K for 2024 — the minimum it must pay out in qualifying distributions.
How Psi Chapter Diamond Association Char Fdn gives
- Giving fell 31% from 2021 to 2024. Method
- In 2024 it paid out 188% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The foundation’s filing does not state a mission. Its 2024 grants included scholarship support for individuals and Bethany College, as well as general-purpose grants to organizations.
Bethany College describes its mission as providing a liberal arts education, including professional preparation, in an atmosphere of study, work, and service. Beta Theta Pi Foundation says its principal purpose is to foster the charitable, scientific, literary, and educational purposes of Beta Theta Pi.
Grantmaking
In 2024, the foundation awarded 26 grants totaling $192,984. Grant amounts ranged from $90 to $150,636, with a median grant of $998. The largest grants included $150,636 to Bethany College for scholarship awards; $11,379 to PSI Chapter-Beta Theta Pi for scholarships; $5,000 to Beta Theta Pi Foundation for general purposes; and $4,000 to The Christian Church Foundation for general purposes. Other recipients included individuals receiving scholarships, Bethany Volunteer Fire Department, and the Town of Bethany.
Review Cycle
No deadlines.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. The filing states there is no formal application and no award restrictions.
Ready to take the next step with Psi Chapter Diamond Association Char Fdn?
Geographic Focus
Where this funder awards grants
In 2024, 95% of grant dollars went to recipients in an individual recipient, 3% to Ohio, and 2% to Indiana.
Grant Distribution by State
Share of 2024 grant dollars across all 26 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $59K (2023) to $332K (2020). In 2024 it made 26 grants totaling $193K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Bethany College ($151K). Together the top 6 received $177K.
Organizations only. It also paid 20 individual scholarships ($15,969), which are not listed by name.
Grant Size Distribution
122 grants across all recorded years
The most common grant size was under $50K: 119 grants of 122 (98%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bethany College Bethany, WV | Scholarship Awards | $150,636 |
| Psi Chapter-Beta Theta Pi Bethany, WV | Scholarship | $11,379 |
| Beta Theta Pi Foundation Oxford, OH | General | $5,000 |
| The Christian Church Foundation Indianapolis, IN | General | $4,000 |
| 20 individual scholarships Recipients not named | — | $15,969 |
| Bethany Volunteer Fire Department Bethany, WV | General | $3,000 |
| Town of Bethany Bethany, WV | General | $3,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $1,432,334 | $174,714 | $282,458 | $192,984 |
| 2023 | $1,540,078 | $79,276 | $102,250 | $59,083 |
| 2022 | $1,558,308 | $99,269 | $89,160 | $66,190 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,432,334 | $1,540,078 | $1,558,308 |
| Revenue | $174,714 | $79,276 | $99,269 |
| Expenses | $282,458 | $102,250 | $89,160 |
| Qualifying Distributions | $192,984 | $59,083 | $66,190 |
| Net Investment Income | $160,500 | $65,476 | $85,241 |
| Distributable Amount | $102,631 | $100,033 | $101,176 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists S Dean Lesiak as president and director; T Scott Thompson as vice president and director; Letort Trust as agent; David Cottington, Robert D Mackenzie, and Brian D Nolan as directors; Deno Emili as treasurer; and Ashley Selwyn as secretary.
Psi Chapter Diamond Association Char Fdn is led by S. Dean Lesiak, President & Director on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
S. Dean Lesiak
President & Director
On filings since 2020
No compensation reported
Brian D. Nolan
Director
On filings since 2020
No compensation reported
Robert D. Mackenzie
Director
Director → Secretary & Director, 2021
Secretary & Director → Director, 2023
On filings since 2020
No compensation reported
T. Scott Thompson
Vice President & Director
Vice President, Treasurer & Director → Vice President & Director, 2023
On filings since 2020
No compensation reported
David Cottington
Director
On filings since 2021
No compensation reported
Ashley L. Selwyn
Secretary
On filings since 2020
No compensation reported
Letort Trust
Agent
On filings since 2020
No compensation reported
Deno Emili
Treasurer
On filings since 2023
No compensation reported
Former officers (1)
- Former: David Cottingham (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.
Contact
Application contact: Psi Chapter Diamond Association Cha
Mailing address: 8726 Sw 61St Loop, Ocala, FL 34481
Phone: (805) 794-8338
Frequently asked questions about Psi Chapter Diamond Association Char Fdn
How much does Psi Chapter Diamond Association Char Fdn give each year?
Psi Chapter Diamond Association Char Fdn gave $193K across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $59K across 29 grants.
What is Psi Chapter Diamond Association Char Fdn's typical grant size?
Psi Chapter Diamond Association Char Fdn's median grant in 2024 was $998, and its average grant was $7,422, across 26 grants on its 2024 IRS Form 990-PF.
Where does Psi Chapter Diamond Association Char Fdn give grants?
Psi Chapter Diamond Association Char Fdn gives mostly in West Virginia: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bethany, WV (4 grants).
Does Psi Chapter Diamond Association Char Fdn give general operating support?
Yes: 15% of Psi Chapter Diamond Association Char Fdn's 2024 grants with a stated purpose (4 of 26) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship" (21 grants).
Who are Psi Chapter Diamond Association Char Fdn's largest grantees?
Psi Chapter Diamond Association Char Fdn's largest 2024 grantees include Bethany College ($150,636), Psi Chapter-Beta Theta Pi ($11,379) and Beta Theta Pi Foundation ($5,000), according to its 2024 IRS Form 990-PF. It also paid 20 individual scholarships ($15,969), which are not listed by name. Together they received 87% of its itemized 2024 grant dollars.
How large is Psi Chapter Diamond Association Char Fdn?
Psi Chapter Diamond Association Char Fdn reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $193K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets).
What does Psi Chapter Diamond Association Char Fdn fund?
The foundation’s filing does not state a mission. Its 2024 grants included scholarship support for individuals and Bethany College, as well as general-purpose grants to organizations. See mission & focus areas ↑
How do I apply for a grant from Psi Chapter Diamond Association Char Fdn?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Psi Chapter Diamond Association Char Fdn's EIN?
Psi Chapter Diamond Association Char Fdn's EIN (Employer Identification Number) is 25-1346247. IRS Form 990 filing data is available on this page for 2020–2024.
Does Psi Chapter Diamond Association Char Fdn accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Psi Chapter Diamond Association Char Fdn by hand.
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