The Phi Kappa Psi Foundation welcomes your interest in our financial operations and priorities. The Foundation believes in the importance of accountability to the members and friends that support the Fraternity through gifts to the Foundation.
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 separate committees. The Foundation’s investment committee reviews performance and monitors market conditions in order to ensure long-term growth and to guarantee the income needed for the annual scholarships and grants to which the Phi Kappa Psi Foundation is committed.
The Foundation’s financial statements are audited by an independent audit firm in accordance with auditing standards generally accepted in the United States. Additional information on nonprofit foundations including the Phi Kappa Psi Foundation can be obtained from GuideStar, a database of over 1.5 million IRS recognized nonprofit organizations.