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Indiana · Nonprofit

THE PSI UPSILON FOUNDATION INC

THE PSI UPSILON FOUNDATION INC (Indiana) receives grants from 18 organizations whose IRS filings report $371,739 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($97,449). 9 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$604k
Funders on record
18
Grants received
$372k
Net assets
$2.4M
9/18 repeat funderspeak grant-dependency 17%
01What it does

What The Psi Upsilon Foundation Inc does

Mission

The psi upsilon foundation provides value based leadership development opportunities, character-building experiences and personal development through experiential learning, educational programs and participation in self-governance. The foundation provides merit and need based scholarships to members who have demonstrated a commitment to moral, intellectual, and social excellence.

As stated on its FY2025 Form 990.

Programs

  1. Educational programming provided by the foundation to undergraduate members of psi upsilon fraternity. All convention delegates at the annual leadership institute which featured sessions of leadership skills and organizational management. Professional staff make on campus visits and are available for consultation via telephone or e-mail throughout the year.

    $289,763 spentof which $57,041 as grants
    86% of program spending
  2. Grants to psi upsilon fraternity to support its educational programs at the chapter level. Every chapter of psi upsilon fraternity received at least one visit from a professional staff member. Each visit included instruction on civic responsibility, management of human resources, community service, financial and risk management, effective communication, and eliminations of drug and alcohol abuse and sexual assaults. The chapter president from each active chapter of psi upsilon fraternity was invited to a weekend program (the psi upsilon archon's academy) to learn additional skills in leadership, delegation, conflict resolution, parliamentary procedure, time management, risk management, and consensus building.

    $45,592 spentof which $45,592 as grants
    14% of program spending

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $335,355.

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.

100 = 20172017 Revenue 100 ($312k) Expenses 100 ($406k) Net assets 100 ($1.7M)2019 Revenue 94 ($294k) Expenses 95 ($384k) Net assets 96 ($1.6M)2020 Revenue 115 ($359k) Expenses 98 ($399k) Net assets 97 ($1.6M)2021 Revenue 179 ($559k) Expenses 104 ($424k) Net assets 124 ($2.1M)2022 Revenue 380 ($1.2M) Expenses 154 ($625k) Net assets 131 ($2.2M)2023 Revenue 171 ($534k) Expenses 157 ($637k) Net assets 136 ($2.3M)2024 Revenue 0 ($0) Expenses 0 ($0) Net assets 0 ($0)2025 Revenue 194 ($604k) Expenses 176 ($715k) Net assets 143 ($2.4M)
'17'19'20'21'22'23'24'25
Revenue (194)Expenses (176)Net assets (143)

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 $2.4M to $0 (−100%).

$1.8M
$1.7M
$1.7M
$2.2M
$2.3M
$2.4M
$0
$2.6M
'17'19'20'21'22'23'24'25
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.

2017
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$94k
’17
−$90k
’19
−$40k
’20
$135k
’21
$558k
’22
−$103k
’23
$0
’24
−$111k
’25
0.1
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

Alexander C Senchak

Chair and president

As listed on its FY2025 Form 990.

'17'19'20'21'22'23'24'25
Listed989910101012
Joined··+4+0+1+0+0+2
No longer listed··300000
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 7 funders, grant income rose $3k → $87k.

7 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 92% 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 THE PSI UPSILON 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

THE PSI UPSILON FOUNDATION INC has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

92% 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 THE PSI UPSILON FOUNDATION INC.

26%
largest funder
62%
top three
~6
effective funders

Largest funder’s share by year: 2018 100% · 2019 43% · 2020 65% · 2021 48% · 2022 40% · 2023 57% — 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

57% of THE PSI UPSILON FOUNDATION INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

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

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

92% of THE PSI UPSILON 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 $29k that is directly attributable, 100% of it comes from funders outside Indiana, across 7 states.

NY
MA
OH
PA
NE
NC
FL

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

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

Funder states come from each funder’s own filing. $343k arriving through sponsors registered in 7 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

Organizations like THE PSI UPSILON 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

60% of spending goes to programs.

Program 60%Management 20%Fundraising 20%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

70%

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

Footprint & structure

Files a return copy in 31 states

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

Part of a family of 1 related entity

  • Psi Upsilon Fraternity · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE PSI UPSILON 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.

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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 THE PSI UPSILON FOUNDATION INC?
THE PSI UPSILON FOUNDATION INC (Indiana) receives grants from 18 organizations whose IRS filings report $371,739 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($97,449). 9 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE PSI UPSILON FOUNDATION INC have?
IRS filings report 18 organizations giving $371,739 in grants to THE PSI UPSILON FOUNDATION INC, 9 of which have funded it in more than one year.
Who is the largest funder of THE PSI UPSILON FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $97,449 in grants. The full list of funders is on this page.
How can an organization like THE PSI UPSILON 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 18 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