Overview
What is Phi Kappa Psi Endowment Association?
The Phi Kappa Psi Endowment Association is a nonprofit organization that focuses on providing scholastic awards and scholarships. They award scholarships based on academic excellence, recognizing students with high grades. Additionally, financial aid is provided to individuals in need, ensuring that education is accessible to all. The organization's decisions on scholarships and educational support are made by a dedicated scholarship committee and subject to approval by the board. Furthermore, the association reviews and considers the educational efforts of both the house corporation and the active chapter, offering potential funding based on their merits, subject to board approval.
Official website here: www.not applicable
Is Phi Kappa Psi Endowment Association legitimate?
Phi Kappa Psi Endowment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Kappa Psi Endowment Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Phi Kappa Psi Endowment Association?
The Phi Kappa Psi Endowment Association provides scholastic awards and scholarships to individuals based on their academic performance and personal financial needs. Their mission involves reviewing all applications by the scholarship committee and seeking approval from the board. The organization also evaluates the educational efforts of both the house corporation and the active chapter, considering them for potential funding, subject to board approval. In essence, the Phi Kappa Psi Endowment Association aims to support academically gifted students who may require financial assistance.
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Who is the CEO of Phi Kappa Psi Endowment Association?
Greg A Smith is the President of Phi Kappa Psi Endowment Association.
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What is the revenue of Phi Kappa Psi Endowment Association?
Phi Kappa Psi Endowment Association's revenue in 2021 was $200,191.
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Who are the executives of Phi Kappa Psi Endowment Association and what are their salaries?
There 150 volunteers at Phi Kappa Psi Endowment Association.
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Official website here: www.not applicable
Where can I find the form 990 for Phi Kappa Psi Endowment Association?
Phi Kappa Psi Endowment Association's most recent form 990 was submitted in 2021 and can be accessed here.
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Mission Statement of Phi Kappa Psi Endowment Association
The Phi Kappa Psi Endowment Association focuses on providing scholastic awards and scholarships. Their mission is centered around recognizing academic excellence, as they grant scholarships based on outstanding academic performance. Moreover, they also take into account individual needs, implying a level of financial aid for those who require it. Applications for these scholarships are meticulously reviewed by the scholarship committee and, upon their approval, are subject to the final decision of the board. Besides offering scholarships, the organization also evaluates the educational endeavors of both the house corporation and the active chapter. These efforts are then scrutinized by the executive committee, with the potential for funding, again, depending on the board's approval.
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Impact
October, 2024
The Phi Kappa Psi Endowment Association significantly enhances educational opportunities for its members, focusing on academic excellence and individual financial needs. By offering scholastic awards based on high academic performance, the association incentivizes and recognizes students for their hard work and dedication to their studies. Additionally, the provision of scholarships tailored to individual financial circumstances ensures that deserving candidates have the financial support necessary to pursue their educational goals.
The application process is designed to maintain fairness and integrity, with submissions reviewed by a scholarship committee and subject to board approval. This structured approach not only honors academic achievement but also promotes access to education for those who may face financial challenges.
Furthermore, the association plays a pivotal role in supporting the educational efforts of both the house corporation and the active chapter. The executive committee assesses these efforts for potential funding, reinforcing the commitment to fostering a robust educational environment. Overall, the Phi Kappa Psi Endowment Association's initiatives create a lasting positive impact on its members, encouraging academic success and supporting the pursuit of higher education.
This information is meant to be a general summary of Phi Kappa Psi Endowment Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $64,049
- Gross Receipts: $323,031
Assets and Liabilities:
- Total Assets: $1,169,179
- Total Liabilities: $0
- Net Assets: $1,169,179
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Organization Details
Founding Year
1945
Principal Officer
Greg A Smith
Main Address
CO R SCHMIDT 5434 CHADWICK RD, FAIRWAY, KS, 66205
Website
www.not applicableNTEE Category
Code: B12 - Education
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