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Nonprofit · EIN 62-6039877

PI KAPPA ALPHA FOUNDATION

Tax-exempt · MEMPHIS, TN 38125

Financials

$4.6M$3.2M2023$27.2M$4.3M2024
Revenue Expenses · by fiscal year end
Financials of PI KAPPA ALPHA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$27,195,875$4,324,935$22,870,940$39,557,287$789,898$38,767,389
December 31, 2023990$4,645,299$3,154,709$1,490,590$25,246,381$714,770$24,531,611
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$16,124,470
Program service revenue
$0
Investment income
$10,960,775
Net rental income
$109,863
Net gain from sales of assets
$10,193,486
Other revenue
$110,630

Expenses

Grants and similar amounts paid
$1,751,857
Compensation of officers, directors and key employees
$447,320
Other salaries and wages
$756,481
Salaries, compensation and benefits (total)
$1,317,660
Professional fundraising fees
$363,908
Legal fees
$25,171
Accounting fees
$174,248
Occupancy
$151,710
Travel
$280,181
Depreciation
$93,127
Program services (functional)
$2,342,795
Management and general (functional)
$878,475
Fundraising (functional)
$1,103,665

Balance sheet and other

Total assets, start of year
$25,246,381
Total assets, end of year
$39,557,287
Total liabilities, end of year
$789,898
Net assets, end of year
$38,767,389
Land, buildings and equipment
$1,343,496
Publicly traded securities
$29,592,835
Net assets without donor restrictions
$6,582,549
Net assets with donor restrictions
$32,184,840
Gross unrelated business income
$3,604
Gross receipts
$27,195,875
Employees
17
Volunteers
20
Year formed
1948
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
STEVEN S VINCENTCHIEF EXECUTIVE OFFICER
Officer
40$249,892$14,026
RYAN C COLLETTCHIEF DEVELOPMENT OFFICER
Officer
40$174,520$8,883
Samir HafizVP Development
Highest-paid employee
40$101,346$0
Dr Trey Labella IIITRUSTEE
Trustee or director
1$0$0
Mr ANTHONY JAMES WILLIAMSPresident-Elect
Trustee or director
1$0$0
Mr BRITT R MASSINGTRUSTEE
Trustee or director
1$0$0
Mr BRUCE ALAN WOLFSONTRUSTEE
Trustee or director
1$0$0
MR DANIEL A BERGERImmediate Past President
Trustee or director
1$0$0
Mr DARIUS SIDEBOTHAMTRUSTEE
Trustee or director
1$0$0
Mr DEVANG DESAITRUSTEE
Trustee or director
1$0$0
Mr Dzenan BerberovicTRUSTEE
Trustee or director
1$0$0
Mr JOSPEH P EGANTRUSTEE
Trustee or director
1$0$0
MR KEVIN E VIRTAPresident
Trustee or director
1$0$0
Mr Kevin TraversTrustee
Trustee or director
1$0$0
Mr Kirby GretemanTRUSTEE
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
Mr NATHANIEL GENE SMITHTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
STEVEN S VINCENTCHIEF EXECUTIVE OFFICER
Officer
40$220,670$13,244
RYAN C COLLETTCHIEF DEVELOPMENT OFFICER
Officer
40$168,535$8,388
Mr ANTHONY JAMES WILLIAMSPresident-Elect
Trustee or director
1$0$0
Mr BRITT R MASSINGTRUSTEE
Trustee or director
1$0$0
Mr BRUCE ALAN WOLFSONTRUSTEE
Trustee or director
1$0$0
Mr Damon HININGERTRUSTEE
Trustee or director
1$0$0
MR DANIEL A BERGERImmediate Past President
Trustee or director
1$0$0
Mr DARIUS SIDEBOTHAMTRUSTEE
Trustee or director
1$0$0
Mr DEVANG DESAITRUSTEE
Trustee or director
1$0$0
Mr Dzenan BerberovicTRUSTEE
Trustee or director
1$0$0
Mr JOSPEH P EGANTRUSTEEE
Trustee or director
1$0$0
MR KEVIN E VIRTAPresident
Trustee or director
1$0$0
Mr Kevin TraversTrustee
Trustee or director
1$0$0
Mr Kirby GretemanTRUSTEE
Trustee or director
1$0$0
Mr NATHANIEL GENE SMITHTRUSTEE
Trustee or director
1$0$0
ROBERT R PARSONS JRCHIEF FINANCIAL OFFICER
Officer
10$0$0

Address and contacts

Address (IRS master file)
8347 W RANGE CV, MEMPHIS, TN 38125-0721
Mailing address (990-N for 2015)
229 East Merry Avenue, Bowling Green OH 43403
Principal officer (990 for 2024)
STEVEN S VINCENT, 8347 WEST RANGE COVE, MEMPHIS, TN 38125
Principal officer (990-N for 2015)
Salahuddin Habeeb, 229 East Merry Avenue, Bowling Green OH 43403
Signed the 990
Steven S Vincent, chief Executive officer
Phone
(901) 748-1948
Website
pikes.org
Return prepared by
Forvis Mazars LLP

Mission

To maintain a permanent war memorial and to promote excellence in education and leadership by providing appropriate grants/scholarships/awards.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $1,751,857 · grants $1,751,857
  • Maintenance 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.
    Expenses $588,662 · revenue $109,863
  • PUBLICATIONS & 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.
    Expenses $2,276

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
62-6039877
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1950
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$39,557,287
Income (IRS master file)
$27,195,875

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$27,195,875$4,324,935$39,557,287XML
990-TDecember 2024–––IRS
990December 2023$4,645,299$3,154,709$25,246,381XML
990-TDecember 2023–––IRS
990December 2022$2,602,305$2,660,125$21,858,224IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990-N for 2015
Officer: Salahuddin Habeeb
December 31, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-6039877).

Questions about PI KAPPA ALPHA FOUNDATION

What is the EIN of PI KAPPA ALPHA FOUNDATION?
The employer identification number (EIN) of PI KAPPA ALPHA FOUNDATION is 62-6039877.
Is PI KAPPA ALPHA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
Are donations to PI KAPPA ALPHA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PI KAPPA ALPHA FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PI KAPPA ALPHA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PI KAPPA ALPHA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PI KAPPA ALPHA FOUNDATION?
The 990 for the year ended December 31, 2024 names STEVEN S VINCENT.
Who are the officers and directors of PI KAPPA ALPHA FOUNDATION?
The 990 for the year ended December 31, 2024 lists 16 people; 3 received compensation from the organization, the highest $249,892 (STEVEN S VINCENT, CHIEF EXECUTIVE OFFICER).
How much revenue does PI KAPPA ALPHA FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $27,195,875, expenses of $4,324,935 and total assets of $39,557,287 at year end.

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