Alpha Kappa Psi Foundation Inc logo

Chapter Designated Funds

Alpha Kappa Psi Foundation Inc

Foundation Annual Grants for Education

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

Deadline history & next window

Cycle
Annual
Tracked since
April 2026

Source: the cycle recorded on this listing. Confirm dates with the funder.

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

  • Any Alpha Kappa Psi chapter can create an endowment
  • Chapters must approve the fund
  • Fund agreement must be signed by chapter president and Foundation
  • Minimum "kick-off" contribution of $250 or more required

Overview

The AKPsi Foundation collects tax-deductible contributions and places them in chapter-specific endowments. Interest income from these endowments is annually returned to each chapter in the form of Chapter Designated Fund awards.

Focus Areas:

  • Educational purposes (IRS requirement)
  • Chapter-specific scholarships and educational programming

Eligibility:

  • Any Alpha Kappa Psi chapter can create an endowment
  • Chapters must approve the fund
  • Fund agreement must be signed by chapter president and Foundation
  • Minimum "kick-off" contribution of $250 or more required

Use of Funds:

  • Educational purposes only (tax requirement)
  • Awards to one or more chapter members
  • Offset registration fees for Principled Business Leadership Institute or College of Leadership

Funding Structure:

  • Endowment must reach/exceed $10,000 to be officially endowed
  • Interest income calculated at 4% of endowment balance at beginning of academic year
  • Awards distributed annually after official endowment status

Who Can Contribute:

  • Chapter members
  • Alumni and friends of the chapter
  • Individual contributors receive IRS tax deduction (unlike direct chapter gifts)

Geographic Scope: All Alpha Kappa Psi chapters

Contact Information:

  • Email: foundation@akpsi.org
  • Phone: (317) 872-1553
  • Address: Howell + Wendroff Professional Center, 8001 East 196th Street, Noblesville, IN 46062
  • Website: akpsifoundation.org

What Alpha Kappa Psi Foundation Inc actually gave

Source: IRS Form 990, 2025

Grants in 2025
1
Total given
$595K
Median grant
$595K
  • By dollars: Indiana 100%. Top recipient cities: Indianapolis, IN.

Example grants

  • Alpha Kappa Psi Fraternity Inc · Indianapolis, IN

    Grants to alpha kappa psi fraternity to fund educational, leadership, and professional…

    $595K

IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Education

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