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Nonprofit · EIN 36-6066531

KAPPA ALPHA THETA FOUNDATION

Tax-exempt · INDIANAPOLIS, IN 46268

Financials

$5.7M$4.8M2023$6.2M$4.7M2024
Revenue Expenses · by fiscal year end
Financials of KAPPA ALPHA THETA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,245,264$4,668,333$1,576,931$47,948,444$371,295$47,577,149
June 30, 2024990$5,661,311$4,774,556$886,755$44,102,369$358,209$43,744,160
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,748,978
Program service revenue
$0
Investment income
$2,496,286
Net gain from sales of assets
$1,139,718
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,206,261
Compensation of officers, directors and key employees
$213,143
Other salaries and wages
$586,195
Salaries, compensation and benefits (total)
$989,145
Professional fundraising fees
$0
Legal fees
$4,811
Accounting fees
$27,225
Occupancy
$80,655
Depreciation
$4,677
Program services (functional)
$3,404,567
Management and general (functional)
$584,265
Fundraising (functional)
$679,501

Balance sheet and other

Total assets, start of year
$44,102,369
Total assets, end of year
$47,948,444
Total liabilities, end of year
$371,295
Net assets, end of year
$47,577,149
Land, buildings and equipment
$2,384
Publicly traded securities
$33,774,812
Net assets without donor restrictions
$20,455,954
Net assets with donor restrictions
$27,121,195
Gross receipts
$16,664,719
Employees
0
Volunteers
321
Year formed
1960
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JENNIFER SCHMALTZCHIEF EXEC OFFICER/SECRETARY
Trustee or director, Officer
1$0$224,907$23,211
JEFFREY RISSERCHIEF FINANCIAL OFFICER
Officer
1$0$161,320$20,955
KELLEY HURSTEXECUTIVE DIRECTOR
Officer
50$0$154,367$19,805
MINDY YOUNG MARSHALLCHIEF ADMINISTRATIVE OFFICER
Officer
1$0$122,767$17,476
JULIANNE BUTLERCHIEF MARKETING OFFICER
Officer
1$0$118,797$17,140
HEATHER DARRINGCHIEF INFORMATION OFFICER
Officer
1$0$89,734$21,475
APRIL BROWNTRUSTEE
Trustee or director
1.5$0$0$0
JANE DICKTRUSTEE
Trustee or director
3$0$0$0
KIM LININTRUSTEE
Trustee or director
1.5$0$0$0
KIM LOONEYTRUSTEE
Trustee or director
3$0$0$0
ERICA OCHSTRUSTEE
Trustee or director
1$0$0$0
ANA SCHWABTRUSTEE
Trustee or director
2$0$0$0
CYNTHEA YESTALTRUSTEE
Trustee or director
1$0$0$0
NANCY FRICKPRESIDENT
Trustee or director, Officer
8$0$0$0
AMY HAMILTONVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
LISA YOUNGERSTREASURER
Trustee or director, Officer
1.25$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KELLEY HURSTEXECUTIVE DIRECTOR
Officer
35$0$164,787$31,442
JENNIFER SCHMALTZSECRETARY
Trustee or director, Officer
1$0$1,759$723
AMY HAMILTONTRUSTEE
Trustee or director
1.5$0$0$0
KIM LOONEYTRUSTEE
Trustee or director
3$0$0$0
KAREN LEDBETTERTRUSTEE
Trustee or director
2$0$0$0
RACHEL COULTER OCAMPOTRUSTEE
Trustee or director
0$0$0$0
ERICA D'ANGELO OCHSTRUSTEE
Trustee or director
0$0$0$0
CYNTHEA YESTALTRUSTEE
Trustee or director
1$0$0$0
TARA CONDONPRESIDENT
Trustee or director, Officer
8$0$0$0
NANCY FRICKVICE PRESIDENT
Trustee or director, Officer
8$0$0$0
LISA YOUNGERSTREASURER
Trustee or director, Officer
3$0$0$0

Address and contacts

Address (IRS master file)
8740 FOUNDERS RD, INDIANAPOLIS, IN 46268-1337
Principal officer (990 for 2024)
NANCY FRICK, 8740 FOUNDERS ROAD, INDIANAPOLIS, IN 46268
Signed the 990
JENNIFER SCHMALTZ, CHIEF EXECUTIVE OFFICER
Phone
(317) 876-1870
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

KAPPA ALPHA THETA FOUNDATION SECURES AND MANAGES RESOURCES FOR THE EDUCATIONAL, LEADERSHIP, AND PHILANTHROPIC PROGRAMS OF THE FRATERNITY AND FOR THE SCHOLASTIC, PROFESSIONAL, AND SERVICE PURSUITS OF ITS MEMBERS TO HELP THEM REACH THEIR FULLEST POTENTIAL AND MAKE A DIFFERENCE IN THE WORLD.

990 for the year ended June 30, 2025

Program accomplishments

  • GRANTS TO INDIVIDUALS OR ORGANIZATIONS FOR EDUCATIONAL AND LEADERSHIP TRAINING PROGRAMS.
    Expenses $1,228,698 · grants $1,157,130
  • SCHOLARSHIPS TO KAPPA ALPHA THETA FRATERNITY ALUMNAE AND COLLEGIANS.
    Expenses $1,050,302 · grants $989,125
  • PHILANTHROPIC GRANTS TO ORGANIZATIONS SUPPORTING THOSE WITH SPECIAL NEEDS.
    Expenses $1,125,567 · grants $1,060,006

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-6066531
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1963
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B83I)
Assets (IRS master file)
$47,948,444
Income (IRS master file)
$16,664,719

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,245,264$4,668,333$47,948,444IRS
990June 2024$5,661,311$4,774,556$44,102,369XML
990June 2023$4,162,102$2,861,080$42,187,004IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-6066531).

Questions about KAPPA ALPHA THETA FOUNDATION

What is the EIN of KAPPA ALPHA THETA FOUNDATION?
The employer identification number (EIN) of KAPPA ALPHA THETA FOUNDATION is 36-6066531.
Is KAPPA ALPHA THETA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Are donations to KAPPA ALPHA THETA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KAPPA ALPHA THETA FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KAPPA ALPHA THETA FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KAPPA ALPHA THETA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of KAPPA ALPHA THETA FOUNDATION?
The 990 for the year ended June 30, 2025 names NANCY FRICK.
Who are the officers and directors of KAPPA ALPHA THETA FOUNDATION?
The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does KAPPA ALPHA THETA FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,245,264, expenses of $4,668,333 and total assets of $47,948,444 at year end.

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