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 · View filing
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
About The Endowment Fund of the Phi Kappa Psi
Based on IRS filings
The Endowment Fund of the Phi Kappa Psi is a nonprofit organization focused on Education, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82.9M in total assets. In 2024, it awarded 5 grants totaling $170K. Net investment income was $3.8M.
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Open Grants
7 open opportunities from The Endowment Fund of the Phi Kappa Psi
ELEVATE Health and Wellness Program
THE ENDOWMENT FUND OF THE PHI KAPPA PSI
Amount
$101,347 (as of 2017); additional grants at 100% of program costs
Deadline
Rolling / Open
Fellowship Grants
THE ENDOWMENT FUND OF THE PHI KAPPA PSI
Amount
Varies
Deadline
Rolling / Open
National & District Scholarships
THE ENDOWMENT FUND OF THE PHI KAPPA PSI
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY P MCCOURT | CHAIRMAN | 10 | — |
| RANDALL W SCHNACK | VICE CHAIRMAN | 4 | — |
| BRUCE A JACKSON | TREASURER | 6 | — |
| JOHN H PIERCE | SECRETARY | 6 | — |
| KARL D BRENSIKE | TRUSTEE | 4 | — |
| ROBERT W DUDLEY | TRUSTEE | 5 | — |
| DONALD V FITES | TRUSTEE | 5 | — |
| CHRISTOPHER J HEDBERG | TRUSTEE | 0.5 | — |
| FREDERICK A HEGELE | TRUSTEE | 5 | — |
| CHARLES J MAXWELL JR | TRUSTEE | 8 | — |
| DAVID S MOYER | TRUSTEE | 2 | — |
| JOHN R MURRAY JR | TRUSTEE | 2 | — |
| ARI J OFFICER | TRUSTEE | 3 | — |
| CARL J STONEY JR | TRUSTEE | 5 | — |
| JERRY C WATSON | TRUSTEE | 0.5 | — |
| WAYNE W WILSON | TRUSTEE | 5 | — |
| PAMELA P HAWKINS | CHIEF FINANCIAL OFFICER | 40 | $146,015 |
| BENJAMIN S NICOL | CHIEF EXECUTIVE OFFICER | 40 | $206,874 |
| DREW M THAWLEY | CHIEF ADVANCEMENT OFFICER | 40 | $172,017 |
| LEE FULLER | VP OF DEVELOPMENT | 40 | $105,586 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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