The Endowment Fund of the Phi Kappa Psi logo

The Endowment Fund of the Phi Kappa Psi

Foundation · Grantmaker 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 · 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

9states
+1 more states

Cities

BERKELEYBLOOMINGTONBROWNSVILLECHAMPAIGNCHARLOTTECOLUMBUSGRANDVILLEINDIANAPOLISLOS ANGELESNAPERVILLENORMANPLYMOUTHWEST DES MOINES

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+

Open Grants

7 open opportunities from The Endowment Fund of the Phi Kappa Psi

Show all 7 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ohio Delta Company ($67,318), Indiana Epsilon House Corporation ($58,416), Georgia Alpha Housing Corporation ($22,970).

RecipientPurposeAmount
UNIVERSITY OF ILLINOIS ASSOCIATION OF PHI KAPPA PSI CHAMPAIGN, ILEDUCATION AREA GRANTS$15,010
INDIANA EPSILON HOUSE CORPORATION GRANDVILLE, MIEDUCATION AREA GRANTS$58,416
GEORGIA ALPHA HOUSING CORPORATION CHARLOTTE, NCEDUCATIONAL AREA GRANTS$22,970
OHIO DELTA COMPANY COLUMBUS, OHEDUCATIONAL OPERATING GRANTS$67,318
PHI KAPPA PSI FRATERNITY INC INDIANAPOLIS, INEDUCATIONAL PROGRAM GRANT$6,049

Leadership & 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

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Endowment Fund of the Phi Kappa Psi?

The Endowment Fund of the Phi Kappa Psi is a nonprofit organization focused on Education, based in INDIANAPOLIS, IN. It holds $82.9M in total assets as of 2024.

How large is The Endowment Fund of the Phi Kappa Psi?

As of 2024, The Endowment Fund of the Phi Kappa Psi holds $82.9M in total assets with $6.3M in annual revenue. It awarded 5 grants totaling $170K in 2024.

Where does The Endowment Fund of the Phi Kappa Psi operate?

The Endowment Fund of the Phi Kappa Psi has awarded grants in California, Iowa, Illinois, Indiana, Michigan, North Carolina, Ohio, Oklahoma, Oregon.

What size grants does The Endowment Fund of the Phi Kappa Psi award?

In 2024, The Endowment Fund of the Phi Kappa Psi awarded 5 grants totaling $170K — an average of about $34K per grant, based on its IRS Form 990 filings.

What is The Endowment Fund of the Phi Kappa Psi's EIN?

The Endowment Fund of the Phi Kappa Psi's EIN (Employer Identification Number) is 36-6130655. IRS Form 990 filing data is available on this page for 2020–2024.

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

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