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North Carolina · Nonprofit

PI KAPPA PHI FOUNDATION

PI KAPPA PHI FOUNDATION (North Carolina) receives grants from 21 organizations whose IRS filings report $846,420 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($545,095). 12 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$2.4M
Funders on record
21
Grants received
$846k
Net assets
$14M
12/21 repeat funderspeak grant-dependency 8%
01What it does

What Pi Kappa Phi Foundation does

Mission

To support the educational programs of the pi kappa phi fraternity in order to assist its student members in achieving superior results in personal development, academics, service and leadership.

As stated on its FY2024 Form 990.

Programs

  1. The foundation supports the educational programs of pi kappa phi fraternity through grants.

    $954,936 spentof which $470,369 as grants
    100% of program spending
  2. The foundation awards scholarships annually to help student members achieve academic goals, develop leadership skills and promote service to the community.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $954,936.

02The organization over time

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.

100 = 20172017 Revenue 100 ($926k) Expenses 100 ($1.6M) Net assets 100 ($12M)2018 Revenue 108 ($995k) Expenses 72 ($1.2M) Net assets 90 ($10M)2019 Revenue 89 ($828k) Expenses 74 ($1.2M) Net assets 100 ($12M)2020 Revenue 134 ($1.2M) Expenses 75 ($1.2M) Net assets 110 ($13M)2021 Revenue 227 ($2.1M) Expenses 118 ($1.9M) Net assets 122 ($14M)2022 Revenue 134 ($1.2M) Expenses 82 ($1.3M) Net assets 102 ($12M)2023 Revenue 175 ($1.6M) Expenses 90 ($1.5M) Net assets 115 ($13M)2024 Revenue 264 ($2.4M) Expenses 119 ($1.9M) Net assets 124 ($14M)
'17'18'19'20'21'22'23'24
Revenue (264)Expenses (119)Net assets (124)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 2021 to 2022, from $14M to $12M (−15%).

$12M
$11M
$12M
$13M
$14M
$12M
$13M
$15M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

54% of PI KAPPA PHI FOUNDATION’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. 4 of the last 8 reported years ran a deficit.

−$712k
’17
−$184k
’18
−$377k
’19
$11k
’20
$175k
’21
−$107k
’22
$145k
’23
$499k
’24
1.6
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.

Board chair

Rick Berk

Chairman

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24
Listed2122192322232420
Joined·+4+3+6+0+3+4+1
No longer listed·3621235
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 8 funders, grant income rose $75k → $83k.

10 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 88% 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 PHI FOUNDATION’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

PI KAPPA PHI FOUNDATION leans on a few funders — its largest provides 64% of grant income and the top three 77%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88% 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 PHI FOUNDATION.

64%
largest funder
77%
top three
~2
effective funders

Largest funder’s share by year: 2017 40% · 2018 75% · 2019 83% · 2020 77% · 2021 77% · 2022 64% · 2023 84% — 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

45% of PI KAPPA PHI FOUNDATION's funders are still giving 3 years after their first grant; 57% 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

88% of PI KAPPA PHI 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 $99k that is directly attributable, 96% of it comes from funders outside North Carolina, across 9 states.

NY
NJ
CT
CA
CO
NC
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $748k arriving through sponsors registered in 9 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

PI KAPPA PHI FOUNDATION runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.

Operating margin20% · top quartile
Months of reserve1.6mo · bottom quartile
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like PI KAPPA PHI 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 North Carolina

Nationally

05Profile & governance

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

Where the money goes

49% of spending goes to programs.

Program 49%Management 19%Fundraising 32%

Governance

20
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

80%

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

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 2 related entities

  • Pi Kappa Phi Fraternity · exempt
  • The Ability Experience · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PI KAPPA PHI 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.

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 PI KAPPA PHI FOUNDATION?
PI KAPPA PHI FOUNDATION (North Carolina) receives grants from 21 organizations whose IRS filings report $846,420 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($545,095). 12 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PI KAPPA PHI FOUNDATION have?
IRS filings report 21 organizations giving $846,420 in grants to PI KAPPA PHI FOUNDATION, 12 of which have funded it in more than one year.
Who is the largest funder of PI KAPPA PHI FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $545,095 in grants. The full list of funders is on this page.
How can an organization like PI KAPPA PHI FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 21 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