Public Charity

ALPHA KAPPA PSI SCHOLARSHIP FUND

ALPHA KAPPA PSI SCHOLARSHIP FUND, of MINNEAPOLIS, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $634K in revenue, $409K in expenses, $4.4M in total assets. 20 publicly reported grants to this organization, totaling roughly $520K, appear in IRS filings.

EIN: 411925673 MINNEAPOLIS, MN Latest filing: 2025
Total Revenue$634K
Total Expenses$409K
Total Assets$4.4M
Grant Records20
Funding Total$520K
Filing Years2021–2025

Mission

To promote business education at the Carlson School of Management at the University of Minnesota by awarding merit-based and need-based scholarships to students and providing housing in the AKY house.

Officers & Directors

Director Adam J Krasnoff
Director Amy Richard
Executive Director Bradley P Johnson
Director Drew Reilly
Director Gary M Lechko
Director Jon Podvin

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$333,510 6 grants
Nonprofit community support
$50,000 2 grants
For grant recipient's exempt purposes
$35,720 4 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$32,500 3 grants
GENERAL SUPPORT
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $634K $409K $4.4M
2024 $351K $383K $3.9M
2023 $282K $334K $3.6M
2021 $431K $303K $3.9M

Between 2021 and 2025, reported annual revenue grew from $431K to $634K (+47%), with total assets most recently reported at $4.4M.

Interactive year-over-year charts and full filing details available with membership.

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