NonprofitsPsi Alpha Scholarship Foundation

Unclassified

Psi Alpha Scholarship Foundation

SAN ANTONIO, TX

Total revenue

$338K

Total expenses

$376K

Net assets

$343K

Grants received

$55K

4 grants

EIN

742560683

Tax year

2024

Mission

The purposes for which this corporation is incorporated are those set forth in the articles of incorporation. Specifically, the corporation was formed for the express purpose of providing scholarships to high-school seniors, and when appropriate, to provide supplementary scholarships for these individuals throughout their college career. These scholarships will be awarded directly to individuals as a result of said individuals meeting a set of criteria pre-established by the corporation. As an alternative, the corporation may conduct an academic or an academic/talent competition or a series of competitions to determine the recipient of a scholarship. These competitions and their associated publicity will serve to instill in the participants and their peer groups the importance of and the benefits which can be derived from academic excellence. On occasion, scholarship funds will be donated to and administered by an organization which uses similar criteria to select the recipients of its

Programs

1 program

1. Scholarship committee scholarships - 50,000.00 2. Scholarship stipend- 4,500.00 (foundation will allot for additional stipend e.g., 50-plus club, etc.) 3. Scholarship awards luncheon & photographer- 6,800.00 4. Achievement week high school essay contest - 1,500.00 5. San antonio area talent hunt prize money - 2,250.00 6. Youth leadership conference essay scholarships - 1,500.00 7. Stem program individual, group and competition stem kits - 1,150.00 (supported stem kits to named individuals in stem group) scholarship stipend note: 500.00 added by pasf to each 1,500.00 chapter scholarship to achieve 2,000.00 payment to each awardee. Total 2024 grants: 67,700.00

Expenses: $201K

Financials

FY 2024

Revenue

Contributions & grants$35K
Program service revenue$289K
Investment income$6K
Other revenue$9K
Total revenue$338K

Expenses

Grants paid$96K
Salaries & benefits
Fundraising$21K
Other expenses$280K
Total expenses$376K
Total assets$343K
Net assets$343K

People

9 listed

NameRoleCompensation

EDDIE CHEW

BOARD MEMBER

Board

15 hrs/wk

SCOTT EARLE

BOARD MEMBER

Board

15 hrs/wk

JIMMY E MCMILLION

VICE PRESIDE

Board

15 hrs/wk

MILES FISHER

BOARD MEMBER

Board

15 hrs/wk

FREDERICK B BEEBE

PRESIDENT

Board

15 hrs/wk

ODELL SIDBERRY

SECRETARY

Board

15 hrs/wk

ANTONIO NICHOLS

TREASURER

Board

15 hrs/wk

RICHARD L WILLIAMS

BOARD MEMBER

Board

15 hrs/wk

CICERO GODBEE

BOARD MEMBER

Board

15 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$15K
Evangelization Outreach
2024
$10K
Evangelization and Communication Project
2023
$10K
International Reunion, Leadership Meeting
2022
$20K
Technology System Upgrade
2020

Funded by

$55K from 1 funder · 4 grants · 2020–2024

The John G and Marie Stella Kenedy

$55K · 4 grants · 2020–2024

Details

EIN742560683
NTEE codeZ99
Subsection03
Ruling date1991-05
Formed2019
Employees0
Volunteers216
PSI ALPHA SCHOLARSHIP FOUNDATION — Mission, Financials & Grants Received | Grantivo