Tennessee · Nonprofit
Pi Kappa Alpha Foundation
Pi Kappa Alpha Foundation (Tennessee) receives grants from 71 organizations whose IRS filings report $3,314,430 to it, the largest being LILLY ENDOWMENT INC ($467,280). 39 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $27M
- Funders on record
- 71
- Grants received
- $3.3M
- Net assets
- $39M
What Pi Kappa Alpha Foundation does
Mission
To maintain a permanent war memorial and to promote excellence in education and leadership by providing appropriate grants/scholarships/awards.
As stated on its FY2024 Form 990.
Programs
GRANTS/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.
$1,751,857 spentof which $1,751,857 as grants75% of program spendingMaintenance 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.
$588,662 spent$109,863 earned by the program25% of program spendingPUBLICATIONS & 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20,000 people for informational and instructional purposes; PIKE University leadership training handbooks and a digital historical reference guide made available online.
$2,276 spent0% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,342,795.
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 2023 to 2024, from $25M to $40M (+57%).
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.
Government-grant reliance: 2020 5% · 2021 2% · 2022 6%. Grants only. Government contracts and fees sit inside program revenue.
59% of Pi Kappa Alpha Foundation’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 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
Steven S Vincent
Chief executive officer
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 16 funders to 35 funders, grant income fell $480k → $371k.
24 of 71 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 56% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Pi Kappa Alpha Foundation’s funders (the co-funder graph). Top 30 of 71 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
Pi Kappa Alpha Foundation has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
63% 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 Pi Kappa Alpha Foundation.
Largest funder’s share by year: 2017 52% · 2018 40% · 2019 44% · 2020 23% · 2021 17% · 2022 55% · 2023 15% — 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
43% of Pi Kappa Alpha Foundation's funders are still giving 3 years after their first grant; 55% 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
56% of Pi Kappa Alpha Foundation'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 $1.5M that is directly attributable, 85% of it comes from funders outside Tennessee, across 24 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.9M arriving through sponsors registered in 16 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
Pi Kappa Alpha Foundation runs a healthier operating margin than three-quarters of the 4,065 education nonprofits its size.
this organization peer median middle 50% of peers· 4,065 education nonprofits $10M–$100M, FY2024
Organizations like Pi Kappa Alpha Foundation
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 Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
54% of spending goes to programs.
Governance
Public support
82%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Pi Kappa Alpha Foundation: 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 Pi Kappa Alpha Foundation?
- Pi Kappa Alpha Foundation (Tennessee) receives grants from 71 organizations whose IRS filings report $3,314,430 to it, the largest being LILLY ENDOWMENT INC ($467,280). 39 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Pi Kappa Alpha Foundation have?
- IRS filings report 71 organizations giving $3,314,430 in grants to Pi Kappa Alpha Foundation, 39 of which have funded it in more than one year.
- Who is the largest funder of Pi Kappa Alpha Foundation?
- LILLY ENDOWMENT INC is the largest funder on record, with $467,280 in grants. The full list of funders is on this page.
- How can an organization like Pi Kappa Alpha Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. 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 FY2024 (financials across 2017–2024), and the filings of 71 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 22, 2026. What this page cannot tell you · view filing