Sigma Phi Epsilon Educational Foundation logo

Sigma Phi Epsilon Educational Foundation

Public charity · Grantmaker Richmond, VA EIN: 54-6053821 Website

To stimulate intellectual achievement, promote morality and citizenship and encourage physical and social development at chapters of sigma phi epsilon fraternity.

Sigma Phi Epsilon Educational Foundation at a glance

In short: Sigma Phi Epsilon Educational Foundation gave $1.8M across 1 grant in 2025 (avg $1.8M), mostly in Virginia. Source: 2025 IRS Form 990.

Annual giving (2025)
$1,764,594
+2.8% vs 2024
Grants made (2025)
1
-66.7% vs 2024
Average grant
$1,764,594
+208.3% vs 2024
Median grant
$1,764,594
Total assets
$56,682,775
+17.9% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Sigma Phi Epsilon Educational Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Sigep Lead Fund: $1.8MSigep Lead Fund$1.8M

The largest 2025 recipient was Sigep Lead Fund ($1.8M).

Grant Size Distribution

14 grants across all recorded years

3<$50K$50–100K5$100–250K1$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 14 (36%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2025 grant dollars on its one itemized grant.

Cities

RichmondNevadaPhiladelphiaState CollegeTallahassee

How Sigma Phi Epsilon Educational Foundation gives

  • Giving grew 35% from 2022 to 2025. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6MTotal only2020 5 grants2021 2 grants2022 3 grants2023 3 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $948K (2021) to $4.2M (2023). In 2025 it made 1 grant totaling $1.8M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Sigep Lead Fund Richmond, VAPrograms$1,764,594
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$56,682,775$9,212,112$6,160,460$1,764,5941$334,202
2024$48,071,697$4,893,173$6,186,908$1,717,1203$302,337
2023$44,674,912$4,762,895$5,880,837$4,245,4303$190,455
2022$43,580,901$18,880,897$2,446,678$1,309,3212$30,337
2021$31,176,872$3,895,971$1,714,588$948,0775$19,929
2020$23,364,201$5,720,976$2,190,357$1,192,826Total only$82,092

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Sigma Phi Epsilon Educational Foundation

Based on IRS filings

Sigma Phi Epsilon Educational Foundation is a public charity focused on Education, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $56.7M in total assets. In 2025, it awarded 1 grant totaling $1.8M. Net investment income was $334K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Sigma Phi Epsilon Educational Foundation is led by Richard W. Bennett III, President since 2021 (on filings since 2020); none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard W. Bennett III

    President

    Secretary → President, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christopher Bittman

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Garry C. Kief

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michael Watford

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bill McCausland

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Matt Engelhardt

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Perry Moulds

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Matt Parrish

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Charles Amato

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Grant Buttram

    Secretary

    On filings since 2021

    1 hr/week

    No compensation reported

  • Matthieu Duncan

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: De Perry Moulds (2022–2024) — Trustee
  • Former: Charlie Amato (2024) — Trustee
  • Former: Tom Allardyce (2021–2023) — Trustee
  • Former: Scott Carr (2022) — Trustee
  • Former: Edward H. Hammond PhD (2020) — President
  • Former: Stephen B. Shanklin PhD (2020) — Treasurer

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Sigma Phi Epsilon Educational Foundation

How much does Sigma Phi Epsilon Educational Foundation give each year?

Sigma Phi Epsilon Educational Foundation gave $1.8M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.7M across 3 grants.

How large is Sigma Phi Epsilon Educational Foundation?

Sigma Phi Epsilon Educational Foundation reported $56.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.2M.

What is Sigma Phi Epsilon Educational Foundation?

Sigma Phi Epsilon Educational Foundation is a public charity focused on Education, based in Richmond, VA. It holds $56.7M in total assets as of 2025.

Where does Sigma Phi Epsilon Educational Foundation operate?

Sigma Phi Epsilon Educational Foundation has awarded grants in Florida, Iowa, Pennsylvania, Virginia.

What is Sigma Phi Epsilon Educational Foundation's EIN?

Sigma Phi Epsilon Educational Foundation's EIN (Employer Identification Number) is 54-6053821. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS March 13, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS April 29, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS April 30, 2025)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  6. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
  8. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Sigma Phi Epsilon Educational Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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