The Endowment Fund of the Phi Kappa Psi

INDIANAPOLIS, IN EIN: 36-6130655 Website

TO FOSTER THE DEVELOPMENT OF LEADERS AND TO PROMOTE ACADEMIC EXCELLENCE IN HIGHER EDUCATION BY PROVIDING STUDENTS WITH SCHOLARSHIPS AND AWARDS AND BY SUPPORTING EDUCATIONAL PROJECTS AND PROGRAMS FOR THEIR BENEFIT.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$82.9M

+7.3% YoY

Annual Giving

$170K

-65.2% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$34K

-51.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$51M$68M20202021202220232024
Metric202420232022
Total Assets$82,856,591$77,216,082$27,603,505
Revenue$6,314,142$61,569,718$9,239,646
Expenses$4,176,927$5,160,954$6,103,120
Qualifying Distributions
Net Investment Income$3,795,963$2,356,935$2,223,190
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$320K$640K$961K$1M8 grants20208 grants20218 grants20227 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

OHIO DELTA COMPANY$67KINDIANA EPSILON HOUSE CO…$58KGEORGIA ALPHA HOUSING CO…$23KUNIVERSITY OF ILLINOIS A…$15KPHI KAPPA PSI FRATERNITY…$6K

Grant Size Distribution

36 grants across all recorded years

19<$50K7$50–100K8$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Endowment Fund of the Phi Kappa Psi fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BENJAMIN S NICOLCHIEF EXECUTIVE OFFICER$207KDREW M THAWLEYCHIEF ADVANCEMENT OFFICER$172KPAMELA P HAWKINSCHIEF FINANCIAL OFFICER$146KLEE FULLERVP OF DEVELOPMENT$106K

From 2024 filing

NameTitleHoursCompensation
TIMOTHY P MCCOURTCHAIRMAN10
RANDALL W SCHNACKVICE CHAIRMAN4
BRUCE A JACKSONTREASURER6
JOHN H PIERCESECRETARY6
KARL D BRENSIKETRUSTEE4
ROBERT W DUDLEYTRUSTEE5
DONALD V FITESTRUSTEE5
CHRISTOPHER J HEDBERGTRUSTEE0.5
FREDERICK A HEGELETRUSTEE5
CHARLES J MAXWELL JRTRUSTEE8
DAVID S MOYERTRUSTEE2
JOHN R MURRAY JRTRUSTEE2
ARI J OFFICERTRUSTEE3
CARL J STONEY JRTRUSTEE5
JERRY C WATSONTRUSTEE0.5
WAYNE W WILSONTRUSTEE5
PAMELA P HAWKINSCHIEF FINANCIAL OFFICER40$146,015
BENJAMIN S NICOLCHIEF EXECUTIVE OFFICER40$206,874
DREW M THAWLEYCHIEF ADVANCEMENT OFFICER40$172,017
LEE FULLERVP OF DEVELOPMENT40$105,586

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

9states
+1 more states

Cities

BERKELEYBLOOMINGTONBROWNSVILLECHAMPAIGNCHARLOTTECOLUMBUSGRANDVILLEINDIANAPOLISLOS ANGELESNAPERVILLENORMANPLYMOUTHWEST DES MOINES

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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