The Psi Upsilon Foundation Inc
The Psi Upsilon Foundation provides value based leadership development opportunities, character-building experiences and personal development through experiential learning, educational programs and participation in self-governance. The foundation provides merit and need based scholarships to members who have demonstrated a commitment to moral, intellectual, and social excellence.
Key facts about The Psi Upsilon Foundation Inc
In short: The Psi Upsilon Foundation Inc gave $61K across 1 grant in 2025 (avg $61K), mostly in Indiana. Source: 2025 IRS Form 990.
- EIN
- 05-6013135
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $61,161
- Grants made (2025)
- 1
- Average grant
- $61,161
- Median grant
- $61,161
- Total assets
- $2,574,637
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$2.6M
-1.6% YoY
Annual Giving
$61K
+34.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$61K
+34.1% YoY
How The Psi Upsilon Foundation Inc gives
- Giving grew 46% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About The Psi Upsilon Foundation Inc
Based on IRS filings
The Psi Upsilon Foundation Inc is a public charity, based in Indianapolis, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 1 grant totaling $61K. Net investment income was $55K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $42K (2021) to $61K (2025). In 2025 it made 1 grant totaling $61K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
The largest 2025 recipient was Psi Upsilon Fraternity ($61K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Psi Upsilon Fraternity Indianapolis, IN | Educational Programs | $61,161 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,574,637 | $2,616,666 | $2,384,126 |
| Revenue | $603,915 | $503,703 | $534,026 |
| Expenses | $715,175 | $669,089 | $637,332 |
| Net Investment Income | $55,315 | $113,710 | $46,986 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 4, 2026)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Psi Upsilon Foundation Inc is led by Alexander C. Senchak, Chair & President on every filing since 2021; none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Alexander C. Senchak
Chair & President
On filings since 2021
2 hrs/week
No compensation reported
Douglas M. Jackman
Director
On filings since 2021
2 hrs/week
No compensation reported
Garrett W. Gleim
Director
On filings since 2021
2 hrs/week
No compensation reported
Gary G. Pan
Director
On filings since 2021
2 hrs/week
No compensation reported
Lawrence D. Rakers
Director
On filings since 2021
2 hrs/week
No compensation reported
James T. Volpentest
Director
On filings since 2022
2 hrs/week
No compensation reported
Jennifer M. Roper
Director
On filings since 2024
2 hrs/week
No compensation reported
Apurva Upadhyay
Director
New on the 2025 filing
2 hrs/week
No compensation reported
J. Martin Brayboy
Secretary
On filings since 2021
2 hrs/week
No compensation reported
John F. H. Ong
Treasurer
On filings since 2021
2 hrs/week
No compensation reported
Matthew John Eckenrode
Vice Chairman
On filings since 2021
2 hrs/week
No compensation reported
Patrick J. Gilrane
Chairman Emeritus
On filings since 2021
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 The Psi Upsilon Foundation Inc
How much does The Psi Upsilon Foundation Inc give each year?
The Psi Upsilon Foundation Inc gave $61K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $46K across 1 grant.
How large is The Psi Upsilon Foundation Inc?
The Psi Upsilon Foundation Inc reported $2.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $604K.
Where does The Psi Upsilon Foundation Inc operate?
The Psi Upsilon Foundation Inc has awarded grants in Indiana.
What is The Psi Upsilon Foundation Inc's EIN?
The Psi Upsilon Foundation Inc's EIN (Employer Identification Number) is 05-6013135. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching The Psi Upsilon Foundation Inc by hand.
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