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Filing year 2024

THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY

Indianapolis, Indiana·EIN 36-6130655·NTEE B82 · Education·501(c)(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 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Indiana.

Chief Executive Officer
75th to 90th percentile
$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
Median to 75th percentile
$156k
$168k
Base
$139k
Bonus
$7k
Other
Benefits
$4k
VP of Development
Board Vice President
25th percentile to medianvs Education peers nationwide
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY equaled 6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay rose 25% from 2023 to 2024, while revenue fell 90%.

$184k in 2023 to $231k in 2024.
  • Chief Financial Officer pay rose 15% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY

What does the Chief Executive Officer of THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY earn?

In 2024, the Chief Executive Officer of THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY received $231,257 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Indiana, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY compare with similar nonprofits?

Compared with the same role at Education organizations in Indiana, the 2024 pay of the Chief Executive Officer at THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY equaled 6% of the organization's total expenses. The median for education organizations is 7%.

What are THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY's revenue and expenses?

In 2024, THE ENDOWMENT FUND OF THE PHI KAPPA PSI FRATERNITY reported $6.3M in total revenue and $4.2M in total expenses on its IRS Form 990.

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