Psi Lambda Educational Foundation is a nonprofit organization focused on Education, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $75K in total assets. In 2024, it awarded 9 grants totaling $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$75K
+8.2% YoY
Annual Giving
$5K
+58.6% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$511.111
+5.7% YoY
About Psi Lambda Educational Foundation
Based on IRS filings
Psi Lambda Educational Foundation is a nonprofit organization focused on Education, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $75K in total assets. In 2024, it awarded 9 grants totaling $5K.
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 | $74,781 | $69,119 | $74,114 |
| Revenue | $18,935 | $13,582 | $2,609 |
| Expenses | $13,273 | $18,577 | $4,074 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 9 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mason Lowe ($1,000), New United Baptist Church ($600), Marques Thompson ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW UNITED BAPTIST CHURCH CHATTANOOGA, TN | SCHOLARSHIP | $600 |
| DESTI FOUNDATION Chattanooga, TN | SCHOLARSHIP | $250 |
| MASON LOWE Hixson, TN | SCHOLARSHIP | $1,000 |
| MARQUES THOMPSON CHATTANOOGA, TN | SCHOLARSHIP | $500 |
| ARTS BUILD Chattanooga, TN | SCHOLARSHIP | $250 |
| ZAYDE ADKINS MURFREESBORO, TN | SCHOLARSHIP | $500 |
| SHARKEM WELLS Chattanooga, TN | SCHOLARSHIP | $500 |
| ESHAWN MASSEY Harrison, TN | SCHOLARSHIP | $500 |
| MALICHI COOK Chattanooga, TN | SCHOLARSHIP | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES JACKSON | PRESIDENT | 2 | — |
| CHRIS PALMER | TREASURER | 3 | — |
| CECIL FLOURNOY | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Psi Lambda Educational Foundation?
Psi Lambda Educational Foundation is a nonprofit organization focused on Education, based in CHATTANOOGA, TN. It holds $75K in total assets as of 2024.
How large is Psi Lambda Educational Foundation?
As of 2024, Psi Lambda Educational Foundation holds $75K in total assets with $19K in annual revenue. It awarded 9 grants totaling $5K in 2024.
Where does Psi Lambda Educational Foundation operate?
Psi Lambda Educational Foundation has awarded grants in Kentucky, Maryland, Tennessee.
What size grants does Psi Lambda Educational Foundation award?
In 2024, Psi Lambda Educational Foundation awarded 9 grants totaling $5K — an average of about $511.111 per grant, based on its IRS Form 990 filings.
What is Psi Lambda Educational Foundation's EIN?
Psi Lambda Educational Foundation's EIN (Employer Identification Number) is 48-1263914. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Psi Lambda Educational Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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