Pi Kappa Alpha Foundation
Pi Kappa Alpha Foundation reported $27.2 million in revenue and $4.3 million in expenses for calendar year 2024. Of every $100 it spent, $54.17 went to program services, $20.31 to management and general costs and $25.52 to fundraising. Its largest source of revenue was contributions and grants: 59.3% of the total. The highest compensation it reported for one person was $263,918 (CHIEF EXECUTIVE OFFICER). 3 people received more than $100,000 in reportable compensation. Revenue rose 498% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $4.3MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $27MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 54.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 25.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 59.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $263,918 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 6.10% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 3 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 107.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseGRANTS/SCHOLARSHIPS/AWARDS The Pi Kappa Alpha Foundation helped promote excellence in education and leadership by providing 107 individual scholarships for academic and/or leadership accomplishment, and 130 grants in support of educational programming and events. In addition, scholarships were provided to students admitted into Omicron Delta Kappa, Order of Omega, Tau Beta Pi, Phi Kappa Phi and Phi Beta Kappa honor societies. Assisting in establishing, equipping and maintaining libraries, study rooms or other educational facilities owned and maintained by fraternity chapters
Maintenance of War Memorial Headquarters: To maintain a permanent memorial for members of the Pi Kappa Alpha Fraternity who gave their lives in military service. To preserve books, documents, war records and works of art for the encouragement of patriotic and historical research, particularly as to the history of education and educational institutions
PUBLICATIONS & PROGRAMMING The Pi Kappa Alpha Foundation helps to fund several educational publications on an annual basis: Shield & Diamond magazine which is distributed four times per year to more than 20,000 people for informational and instructional purposes; PIKE University leadership training handbooks and a digital historical reference guide made available online
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.0 hrs/week | $249,892 | $0 | $14,026 | $263,918 |
| CHIEF DEVELOPMENT OFFICER Officer, 40.0 hrs/week | $174,520 | $0 | $8,883 | $183,403 |
| VP Development Highest compensated employee, 40.0 hrs/week | $101,346 | $0 | $0 | $101,346 |
3 people received more than $100,000 in reportable compensation from Pi Kappa Alpha Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $447K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 517
- Volunteers Part I, line 620
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Pennington & Company Fundraising services | $182,740 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
22 private foundations reported grants to Pi Kappa Alpha Foundation totaling $109K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Pi Kappa Alpha Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Pi Kappa Alpha Foundation, you can publish a response that is linked from this page.
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Of every $100 Pi Kappa Alpha Foundation spent in 2024, $54.17 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Pi Kappa Alpha Foundation's spending goes to programs?
In calendar year 2024, Pi Kappa Alpha Foundation reported that 54.2% of its $4.3 million in expenses went to program services, 20.3% to management and general and 25.5% to fundraising (Form 990, Part IX).
How much does Pi Kappa Alpha Foundation pay its top executive?
The largest total compensation Pi Kappa Alpha Foundation reported for one person in calendar year 2024 was $263,918, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Pi Kappa Alpha Foundation get its money?
Of $27.2 million in revenue in calendar year 2024, 59.3% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Pi Kappa Alpha Foundation a registered charity?
The IRS lists EIN 62-6039877 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503079349303325 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349326103 · read the filing
- 2022: Form 990 for calendar year 2022, object 202321589349300602 · read the filing
- 2021: Form 990 for calendar year 2021, object 202211399349301531 · read the filing
- 2020: Form 990 for calendar year 2020, object 202131269349302148 · read the filing
- 2019: Form 990 for calendar year 2019, object 202031359349303088 · read the filing
All filings for EIN 62-6039877: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.