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Filing year 2024

THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY

Indianapolis, Indiana·EIN 36-6130655·NTEE B82 · Education·3
Total revenue
$6.3M
Total assets
$82.9M
Total expenses
$4.2M
Reported officers
20
Mission

TO FOSTER THE DEVELOPMENT OF LEADERS AND TO PROMOTE ACADEMIC EXCELLENCE IN HIGHER EDUCATION BY PROVIDING STUDENTS WITH SCHOLARSHIPS AND AWARDS AND BY SUPPORTING EDUCATIONAL PROJECTS AND PROGRAMS FOR THEIR BENEFIT.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Chief Executive Officer
$231k
$249k
Base
$186k
Bonus
$20k
Other
$450
Benefits
$11k
Chief Advancement Officer
officer (unspecified)
$219k
$235k
Base
$160k
Bonus
$12k
Other
Benefits
$38k
Chief Financial Officer
$156k
$168k
Base
$139k
Bonus
$7k
Other
Benefits
$4k
VP of Development
vice president
$123k
$132k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Education

Up 18%
from 2023

From $196k in 2023 to $231k in 2024.

$196k
2023
$231k
2024
In today's dollarsEst.
Up 15% in real terms$216k to $249k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$61.6M
$5.2M
2023
$6.3M
$4.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Indiana

Comparable education organizations in Indiana pay their highest-earning executive a median of $90,147.

25th percentile
$17k
Median
$90,147
75th percentile
$168k
90th percentile
$296k

These are education sector-wide figures, not this organization's reported pay. Based on 216 organizations across 216 filings (2021 – 2023).

See full Education pay data for Indiana
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