2024-11-15T17:39:20+00:00 2023-12-31 440160260 Forvis Mazars LLP 901 East Cary Street Suite 1000 Richmond VA 23219 990 2023-01-01 626039877 Pi Kappa Alpha Foundation PIKA 9017481948 8347 WEST RANGE COVE MEMPHIS TN 38125 Steven S Vincent chief Executive officer 9017481948 2024-11-16 true LaKrisha Castleberry P01677333 8042827636 2024-11-16 2023 2024-10-15 13:58:12Z STEVEN S VINCENT 8347 WEST RANGE COVE MEMPHIS TN 38125 4882855 false X WWW.PIKEFOUNDATION.ORG X 1948 TN PI KAPPA ALPHA FOUNDATION IS A 501(C)(3 ) NOT-FOR-PROFIT FORMED AS A PUBLIC EDUCATIONAL FOUNDATION. 13 13 13 20 0 0 2505831 4276648 0 -15429 256665 111903 111986 2602305 4645299 1215911 1134391 0 735308 917617 27901 159899 780769 681005 942802 2660125 3154709 -57820 1490590 21858224 25246381 727839 714770 21130385 24531611 To maintain a permanent war memorial and to promote excellence in education and leadership by providing appropriate grants/scholarships/awards. false false 1134391 1134391 GRANTS/SCHOLARSHIPS/AWARDS The Pi Kappa Alpha Foundation helped promote excellence in education and leadership by providing 113 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. 562011 111903 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. 5795 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20,000 people for informational and instructional purposes; PIKE University leadership training handbooks and a digital historical reference guide made available online. 1702197 true true false false false false true false true true false false false true true true false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false true 0 0 13 true false false false false false false false false false 0 0 false false false X 13 13 false false false false false false false true true false false true true true false true true true false false TN X J R PARSONS 9017481948 8347 WEST RANGE COVE MEMPHIS TN 38125 Mr ANTHONY JAMES WILLIAMS President-Elect 1.0 X 0 0 0 Mr BRITT R MASSING TRUSTEE 1.0 X 0 0 0 Mr BRUCE ALAN WOLFSON TRUSTEE 1.0 X 0 0 0 Mr Damon HININGER TRUSTEE 1.0 X 0 0 0 MR DANIEL A BERGER Immediate Past President 1.0 X 0 0 0 Mr DARIUS SIDEBOTHAM TRUSTEE 1.0 X 0 0 0 Mr DEVANG DESAI TRUSTEE 1.0 X 0 0 0 Mr Dzenan Berberovic TRUSTEE 1.0 X 0 0 0 Mr JOSPEH P EGAN TRUSTEEE 1.0 X 0 0 0 MR KEVIN E VIRTA President 1.0 X 0 0 0 Mr Kevin Travers Trustee 1.0 X 0 0 0 Mr Kirby Greteman TRUSTEE 1.0 X 0 0 0 Mr NATHANIEL GENE SMITH TRUSTEE 1.0 X 0 0 0 ROBERT R PARSONS JR CHIEF FINANCIAL OFFICER 10.0 X 0 0 0 RYAN C COLLETT CHIEF DEVELOPMENT OFFICER 40.0 X 168535 0 8388 STEVEN S VINCENT CHIEF EXECUTIVE OFFICER 40.0 X 220670 0 13244 389205 0 21632 2 false true false Pennington & Company PO Box 930932 Atlanta GA 311930932 Fundraising services 106898 2 4276648 4276648 0 0 0 0 0 494221 494221 111903 111903 0 111903 111903 237556 -237556 0 -237556 -237556 Miscellaneous 900099 83 83 0 0 0 0 83 4645299 111903 0 256748 873287 873287 261104 261104 364232 83263 119687 161282 412462 55347 162264 194851 22054 3932 7514 10608 59847 10671 20390 28786 59022 10524 20109 28389 12202 12202 221504 66451 155053 159899 159899 126348 0 37287 89061 5795 5795 15098 13437 1661 39663 39663 193167 171919 21248 156922 27979 53463 75480 19113 19113 -7728 -7728 92664 82471 10193 22747 13393 9354 Donor Recognition 32413 32413 Miscellaneous 12894 10422 2472 0 0 0 0 3154709 1702197 671743 780769 2529733 2763875 458645 1713654 36 0 0 0 0 5244066 4072852 1176650 1171214 16893062 18765495 800134 832107 0 0 0 21858224 25246381 588452 630808 0 0 139387 83962 727839 714770 X 3719354 4475336 17411031 20056275 21130385 24531611 21858224 25246381 1490590 1910636 0 X false true X true false X 3292592 2344412 3703746 2505831 4276648 16123229 0 0 3292592 2344412 3703746 2505831 4276648 16123229 864760 15258469 1254169 305129 394661 482980 606124 3043063 0 0 0 0 0 83 83 19166375 0 0.7961 0.7745 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 83.0, COLUMN F - 83.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 17411031 1336821 1801280 492862 20056270 20603828 392532 -2614495 970834 17411031 17451794 1803925 1933280 585171 20603828 15952932 373004 1983583 857725 17451794 14743199 647245 1844133 1281645 15952932 0.0 1.0 0.0 false false 610688 610688 4268230 3764600 503630 365148 308252 56896 1171214 DEFERRED COMPENSATION 83962 83962 X 6555935 1878663 31973 1910636 4645299 0 0 4645299 3154709 0 0 3154709 0 0 3154709 Schedule D, Part III, Line 1a Collections of art - financial statement footnote HISTORICAL MEMORABILIA AND WORKS OF ART DONATED TO THE FOUNDATION ARE HELD FOR PUBLIC EXHIBITION RATHER THAN FINANCIAL GAIN. IT IS THE POLICY OF THE FOUNDATION THAT THESE DONATED ASSETS NOT BE RECORDED IN THE FINANCIAL RECORDS. Schedule D, Part V, Line 4 Intended uses of endowment funds GRANTS, SCHOLARSHIPS AND AWARDS Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022, AND THERE ARE NO INTEREST AND PENALTIES RELATED TO INCOME TAX ASSESSMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Investment in Cash Surrender Value of Life Insurance Policy - 31973 X X X X true Pennington & Company PO Box 930932 Atlanta GA 311930932 fundraising services false 106898 -106898 Bryan Rawlinson 1082 Union Street Apt 3 San Francisco CA 94133 Fundraising services false 45172 -45172 0 152070 -152070 true Alpha Gamma House corporation 4609 bluebonnet blvd Baton Rouge LA 70809 726027982 501(C)(7) 85472 educational/leadership grants Alpha Eta House corporation PO Box 82133 Baton Rouge LA 70884 720627447 501(C)(7) 80688 educational/leadership grants East Tennessee State University PO Box 70601 Johnson City TN 37614 237092731 501(C)(3) 9900 educational/leadership grants Gamma Chi Alumni of Pi Kappa Alpha Corporation 5 creekside drive Rancho Mirage CA 92270 822744777 501(C)(7) 92149 educational facilities grants Oak Service Corporation 8347 West Range Cove Memphis TN 38125 472411265 501(C)(4) 100976 publications & Programming PIKE University 1779 Kirby Pkwy 13310 Memphs TN 38138 203287316 501(C)(3) 370717 educational/leadership grants Epsilon Epsilon Chapter 206 Giles Road Blacksburg VA 24060 237232231 501(c)(7) 7652 educational/leadership grants Gamma Phi Chapter of Pi Kappa Alpha 2027 Faculty Drive Winston Salem NC 27109 566047622 501(c)(7) 6847 educational/leadership grants 2 6 Scholarships 113 261104 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. EXTENSIVE APPLICATION PROCEDURES AND PERIODIC 'USES OF FUNDS' SUMMARIES ARE REQUESTED FROM GRANT RECIPIENTS. X X X X X false false false false false false false false false STEVEN S VINCENT CHIEF EXECUTIVE OFFICER 195700 0 24970 0 0 0 0 0 13244 0 233914 0 0 0 RYAN C COLLETT CHIEF DEVELOPMENT OFFICER 146900 0 21635 0 0 0 0 0 8388 0 176923 0 0 0 Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION MISSION: IT WAS ESTABLISHED IN 1948 TO COLLECT, MANAGE AND PRESERVE HISTORICAL ARTIFACTS FOR PI KAPPA ALPHA CHAPTERS AND HAS EXPANDED TO INCLUDE PUBLIC RECORD KEEPING OF A GOLD STAR MEMORIAL, OWNERSHIP OF A MEMORIAL MUSEUM AND LIBRARY IN MEMPHIS, TENNESSEE, AND TO AID, PROMOTE AND CONTRIBUTE TO THE EDUCATIONAL AND SCHOLASTIC ACHIEVEMENTS OF PI KAPPA ALPHA MEMBERS AND OTHER STUDENTS ACROSS NORTH AMERICA. THE FOUNDATION PROVIDES FUNDS FOR A VARIETY OF PROGRAMS AND SERVICES WHICH ASSIST COLLEGE STUDENTS IN MEETING THEIR EDUCATIONAL AND PERSONAL DEVELOPMENT OBJECTIVES THROUGH SCHOLARSHIPS, GRANTS AND PROGRAM ASSISTANCE. THE FOUNDATION SERVES AS THE PRIMARY CHARITABLE ARM OF THE PI KAPPA ALPHA FRATERNITY. Form 990, Part VI, Line 12b EMPLOYEES ARE REQUIRED UPON HIRING TO DISCLOSE ANY CONFLICT OF INTEREST. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS REVIEWED BY MANAGEMENT AND MEMBERS OF THE AUDIT COMMITTEE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE CEO'S COMPENSATION IS REVIEWED BY THE PERSONNEL COMMITTEE WHICH USES PEER ANALYSIS TO REVIEW AND COMPARE. THE CHAIRMAN OF THE BOARD ALSO REVIEWS AND APPROVES THIS DECISION. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2c THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.