Indiana · Nonprofit
ALPHA KAPPA PSI FOUNDATION INC
ALPHA KAPPA PSI FOUNDATION INC (Indiana) receives grants from 10 organizations whose IRS filings report $70,476 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($51,092). 8 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $601k
- Funders on record
- 10
- Grants received
- $70k
- Net assets
- $5.1M
What Alpha Kappa Psi Foundation Inc does
Mission
To provide resources for enhancing the educational experience of future business leaders.
As stated on its FY2025 Form 990.
Programs
The foundation distributes more than 80 grants and scholarships to undergrad and grad students. The scholarships are for academy (a leadership development conference), academic team (top scholars who make positive contributions to their school and community), general scholarships based on scholastic achievement, restricted scholarships (based on area of study, chapter or other donor stipulations).
$222,936 spentof which $140,956 as grants27% of program spendingAlpha kappa psi foundation makes grants to alpha kappa psi professional business fraternity to fund educational, leadership, and professional development programming for alpha kappa psi student and alumni members. These programs focus on skill building, career development, ethical leadership, and entrepreneurship, providing members with opportunities to enhance their professional competencies and network with industry leaders. The foundation supports initiatives such as leadership conferences, scholarship programs, and mentorship opportunities that contribute to the growth and success of alpha kappa psi members
$590,084 spentof which $590,084 as grants73% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $813,020.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.1M to $5.0M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
48% of ALPHA KAPPA PSI FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
C Steven Hartman
CEO
Board chair
Alison Jennings
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 6 funders, grant income rose $8k → $15k.
4 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 96% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $28k from one payer (the payer shares this organization's board, largest Alpha Kappa Psi Fraternity Inc). These are real filings, and they are not money ALPHA KAPPA PSI FOUNDATION INC raised.
From the IRS filings of ALPHA KAPPA PSI FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ALPHA KAPPA PSI FOUNDATION INC leans on a few funders — its largest provides 72% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ALPHA KAPPA PSI FOUNDATION INC.
Largest funder’s share by year: 2017 93% · 2018 99% · 2019 100% · 2020 90% · 2021 86% · 2022 86% · 2023 91% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of ALPHA KAPPA PSI FOUNDATION INC's funders are still giving 3 years after their first grant; 80% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
96% of ALPHA KAPPA PSI FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3k that is directly attributable, 100% of it comes from funders outside Indiana, across 4 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $68k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ALPHA KAPPA PSI FOUNDATION INC's revenue grew 52% between 2017 and 2025.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like ALPHA KAPPA PSI FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
57%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 41 states
Screen this organization
A dated, signed PDF of the compliance screen for ALPHA KAPPA PSI FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ALPHA KAPPA PSI FOUNDATION INC?
- ALPHA KAPPA PSI FOUNDATION INC (Indiana) receives grants from 10 organizations whose IRS filings report $70,476 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($51,092). 8 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ALPHA KAPPA PSI FOUNDATION INC have?
- IRS filings report 10 organizations giving $70,476 in grants to ALPHA KAPPA PSI FOUNDATION INC, 8 of which have funded it in more than one year.
- Who is the largest funder of ALPHA KAPPA PSI FOUNDATION INC?
- AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $51,092 in grants. The full list of funders is on this page.
- How can an organization like ALPHA KAPPA PSI FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing