Overview
What is Pi Kappa Alpha Foundation?
Pi Kappa Alpha Foundation is a 501(c)(3) nonprofit organization, established in 1948, primarily focused on preserving historical artifacts and memorials for Pi Kappa Alpha fraternity chapters. Located in Memphis, Tennessee, the foundation maintains a permanent war memorial, owns a memorial museum and library, and serves as a repository for Gold Star memorial records. Its mission extends beyond history, aiming to promote excellence in education and leadership by offering grants, scholarships, and awards to Pi Kappa Alpha members and other North American students. The foundation supports various programs and services, providing financial assistance to help students achieve their educational and personal development objectives. With a workforce of nine individuals, the Pi Kappa Alpha Foundation plays a significant role in the fraternity's legacy and the educational achievements of its members.
Official website here: www.pikefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Pi Kappa Alpha Foundation has earned a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. The foundation scored an impressive 95% in Accountability & Finance, demonstrating effective governance and transparency. Notably, the organization boasts a fully independent board and has robust oversight practices in place, ensuring that it operates with integrity and sound financial management.
Strengths highlighted include a low liabilities to assets ratio and high fundraising efficiency, indicating effective allocation of resources towards its mission. The foundation's program expense ratio of approximately 66% shows a substantial commitment to program services, although this could be improved further. The presence of comprehensive policies related to conflicts of interest, whistleblower protections, and document retention underscores its dedication to ethical governance.
While the organization shows commendable financial health and operational practices, there is always room for improvement, especially in its program expense ratio. Overall, the rating and feedback reflect a solid foundation that effectively manages its resources and adheres to high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Pi Kappa Alpha Foundation legitimate?
Pi Kappa Alpha Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pi Kappa Alpha Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $344,646
Professional Fundraising Fees: $27,901
Other Salaries and Wages: $298,682
For more financial information, click here
Official website here: www.pikefoundation.org
What is the mission statement of Pi Kappa Alpha Foundation?
The Pi Kappa Alpha Foundation, established as a public educational foundation in 1948, serves a dual purpose. Firstly, it collects, manages, and preserves historical artifacts for Pi Kappa Alpha chapters. Secondly, it extends its role to include public record keeping, specifically of a Gold Star Memorial. The foundation's activities also encompass owning and maintaining a memorial museum and library in Memphis, Tennessee. Beyond these, the foundation aids in promoting and contributing to the educational and scholastic achievements of Pi Kappa Alpha members and other students across North America. This is achieved through providing funds for various programs and services, which assist college students in meeting their educational and personal development objectives. These objectives are primarily met through scholarships, grants, and program assistance. The foundation's primary charitable role within the Pi Kappa Alpha fraternity is to maintain a permanent war memorial and to promote excellence in education and leadership.
Official website here: www.pikefoundation.org
Who is the CEO of Pi Kappa Alpha Foundation?
Steven S Vincent is the President of Pi Kappa Alpha Foundation. The CEO's salary of Pi Kappa Alpha Foundation is $190,000 and their total compensation is $195,817.
Official website here: www.pikefoundation.org
What is the revenue of Pi Kappa Alpha Foundation?
Pi Kappa Alpha Foundation's revenue in 2022 was $2,602,305.
Official website here: www.pikefoundation.org
Who are the executives of Pi Kappa Alpha Foundation and what are their salaries?
The average compensation at Pi Kappa Alpha Foundation during 2022 was $71,481. There are 9 employees and 20 volunteers at Pi Kappa Alpha Foundation.
Here are 15 key members and their salaries (Pi Kappa Alpha Foundation's CEO's salary is $190,000 and their total compensation is $195,817):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $138,000
- Related: $0
- Other: $10,829
- Compensation: $190,000
- Related: $0
- Other: $5,817
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pikefoundation.org
Where can I find the form 990 for Pi Kappa Alpha Foundation?
Pi Kappa Alpha Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pikefoundation.org
Learn more at the official website: www.pikefoundation.org
Mission Statement of Pi Kappa Alpha Foundation
The Pi Kappa Alpha Foundation, established as a public educational organization in 1948, serves as the charitable arm of the Pi Kappa Alpha fraternity. Its mission is multifaceted, primarily focusing on maintaining a permanent war memorial to honor members of the fraternity who have made the ultimate sacrifice in military service. Additionally, the foundation seeks to promote excellence in education and leadership by providing appropriate grants, scholarships, and awards to aid in the academic and personal development of Pi Kappa Alpha members and other students across North America. Through its collection, management, and preservation of historical artifacts, the foundation plays a vital role in encouraging patriotic and historical research, particularly in the field of education and educational institutions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of Pi Kappa Alpha Foundation is significant in promoting excellence in education and leadership among Pi Kappa Alpha members and other students across North America. Through scholarships, grants, and program assistance, the foundation enables college students to meet their educational and personal development goals. Additionally, the foundation plays a crucial role in preserving historical artifacts, maintaining a war memorial headquarters, and supporting educational and patriotic research. Overall, the foundation serves as a vital charitable arm of the Pi Kappa Alpha fraternity, contributing to the educational achievements of students and honoring those who have made sacrifices in military service.
This information is meant to be a general summary of Pi Kappa Alpha Foundation. 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 2022.
- Investment Income: -$15,429
- Gross Receipts: $2,988,811
Assets and Liabilities:
- Total Assets: $21,858,224
- Total Liabilities: $727,839
- Net Assets: $21,130,385
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1948
Phone
(901) 748-1948Principal Officer
Steven S Vincent
Main Address
8347 WEST RANGE COVE, MEMPHIS, TN, 38125
Website
www.pikefoundation.orgNTEE Category
Code: B110 - Education
If you are a representative of Pi Kappa Alpha Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.