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Indiana · Nonprofit

KAPPA ALPHA THETA FOUNDATION INC

KAPPA ALPHA THETA FOUNDATION INC (Indiana) receives grants from 81 organizations whose IRS filings report $2,031,518 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($390,043). 44 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$6.2M
Funders on record
81
Grants received
$2.0M
Net assets
$48M
44/81 repeat funderspeak grant-dependency 22%
01What it does

What Kappa Alpha Theta Foundation Inc does

Mission

Kappa alpha theta foundation secures and manages resources for the educational, leadership, and philanthropic programs of the fraternity and for the scholastic, professional, and service pursuits of its members to help them reach their fullest potential and make a difference in the world.

As stated on its FY2025 Form 990.

Programs

  1. Grants to individuals or organizations for educational and leadership training programs.

    $1,228,698 spentof which $1,157,130 as grants
    36% of program spending
  2. Scholarships to kappa alpha theta fraternity alumnae and collegians.

    $1,050,302 spentof which $989,125 as grants
    31% of program spending
  3. Philanthropic grants to organizations supporting those with special needs.

    $1,125,567 spentof which $1,060,006 as grants
    33% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,404,567.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($3.3M) Expenses 100 ($2.8M) Net assets 100 ($35M)2019 Revenue 87 ($2.8M) Expenses 89 ($2.5M) Net assets 102 ($36M)2020 Revenue 35 ($1.2M) Expenses 102 ($2.8M) Net assets 98 ($34M)2021 Revenue 163 ($5.3M) Expenses 79 ($2.2M) Net assets 122 ($43M)2022 Revenue 147 ($4.8M) Expenses 84 ($2.4M) Net assets 106 ($37M)2023 Revenue 127 ($4.2M) Expenses 102 ($2.9M) Net assets 119 ($42M)2024 Revenue 173 ($5.7M) Expenses 171 ($4.8M) Net assets 125 ($44M)2025 Revenue 191 ($6.2M) Expenses 167 ($4.7M) Net assets 136 ($48M)
'18'19'20'21'22'23'24'25
Revenue (191)Expenses (167)Net assets (136)Peer revenue range

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 $35M to $43M (+24%).

$35M
$36M
$35M
$43M
$38M
$42M
$44M
$48M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

60% of KAPPA ALPHA THETA FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$476k
’18
$346k
’19
−$1.7M
’20
$3.1M
’21
$2.4M
’22
$1.3M
’23
$887k
’24
$1.6M
’25
1.4
months of
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

Kelley Hurst

Executive director

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed1511111010111115
Joined·+5+0+5+0+5+0+7
No longer listed·9060403
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 19 funders to 28 funders, grant income rose $85k → $351k.

17 of 81 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% 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: $3.0M from one payer (the payer shares this organization's board, largest Kappa Alpha Theta Fraternity Group Return). These are real filings, and they are not money KAPPA ALPHA THETA FOUNDATION INC raised.

From the IRS filings of KAPPA ALPHA THETA FOUNDATION INC’s funders (the co-funder graph). Top 30 of 81 funders by total. 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

KAPPA ALPHA THETA FOUNDATION INC has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

71% 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 KAPPA ALPHA THETA FOUNDATION INC.

19%
largest funder
46%
top three
~11
effective funders

Largest funder’s share by year: 2017 23% · 2018 21% · 2019 26% · 2020 43% · 2021 16% · 2022 26% · 2023 53% — growing more concentrated.

“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

47% of KAPPA ALPHA THETA FOUNDATION INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

62% of KAPPA ALPHA THETA 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 $762k that is directly attributable, 99% of it comes from funders outside Indiana, across 24 states.

MN
IL
WI
MI
NY
MA
NV
IA
IN
OH
PA
CA
CO
MO
KY
VA
DE
KS
TN
NC
OK
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 12 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.

04Its place in the field

Against its field

KAPPA ALPHA THETA FOUNDATION INC runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin25% · top quartile
Months of reserve1.4mo · bottom quartile
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like KAPPA ALPHA THETA 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 13%Fundraising 15%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

64%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 38 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
IN
OH
PA
NJ
CT
RI
CA
UT
KY
WV
VA
MD
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for KAPPA ALPHA THETA 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 KAPPA ALPHA THETA FOUNDATION INC?
KAPPA ALPHA THETA FOUNDATION INC (Indiana) receives grants from 81 organizations whose IRS filings report $2,031,518 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($390,043). 44 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does KAPPA ALPHA THETA FOUNDATION INC have?
IRS filings report 81 organizations giving $2,031,518 in grants to KAPPA ALPHA THETA FOUNDATION INC, 44 of which have funded it in more than one year.
Who is the largest funder of KAPPA ALPHA THETA FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $390,043 in grants. The full list of funders is on this page.
How can an organization like KAPPA ALPHA THETA 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 2018–2025), and the filings of 81 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