The Phi Kappa Psi Foundation believes in the proper stewardship of donor gifts, and welcomes your interest in our financial operations, investment strategies, and funding priorities. The Foundation understands the importance of accountability to the members and friends that support the Fraternity through gifts to the Foundation.
The Foundation also recognizes the need to operate and act in ways that are beyond reproach and fully meet the standards placed on 501c3 charitable organizations as established by the IRS. The Foundation abides by industry standards and by the Donor Bill of Rights that has been a cornerstone of national Greek foundations since 1993.
The financial and investment operations of the Foundation are under the direct oversight of the organization’s Board of Trustees, which has delegated specific responsibilities to committees. The Foundation’s investment committee oversees our investment managers, reviews performance and monitors market conditions to ensure long-term growth and to guarantee the income needed for the annual scholarships and grants to undergraduates and the Fraternity. The Foundation’s program committee receives grant requests from the Fraternity and recommends grant funding to the Board of Trustees. The voting members of the committee is comprised of two Fraternity Executive Council members and two Foundation Trustees
The Foundation’s financial statements are audited by an independent audit firm in accordance with auditing standards generally accepted in the United States.
Below is information that will provide perspective on the Foundation’s performance, outcomes, and granting priorities. Should you have any questions, please email: firstname.lastname@example.org.
2013 Audited Financials
2014 Audited Financials
2015 Audited Financials
2016 Audited Financials will be completed in the coming months
2013 Form 990
2014 Form 990
2015 Form 990
2016 Form 990 will be completed in the coming weeks
Governance Review Report
2005-2016 Educational Grants Disbursement Summary
Investment Portfolio Asset Allocation (Graph form) – as of 12/31/16
Investment Portfolio Asset Allocation (With Finance Engine) – as of 12/31/16
Investment Portfolio Asset Allocation (Without Finance Engine) – as of 12/31/16
March 2017 Foundation and Fraternity Communications