Phi Beta Kappa Foundation FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Organized for the creation of funds or endowments for the promotion of sound learning through the establishment of fellowships, awards & similar items.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-6063291) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$82K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-T
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.5M a year · 51% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
51%
of spending
51% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 13% of spending
Pay to officers and key staff is 13% of spending.
Part VII, Section A
0.5 mo
of spending, in cash
Plus $38.2M in investments, Pt X · Ln 11–13
0.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $44
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$775K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
12
of 12 voting members
12 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.4M
-68% vs prior year
Spent
$645K
To programs
51%
Net assets
$41.1M
By yearFY2020–FY2025
Revenue
$1.4M
FY2022▼ -68%
Tap a bar for its year
Revenue by fiscal year
FY2020$593K
FY2021$4.3M
FY2022$1.4M
FY2023$3.2M
FY2024$4.4M
FY2025$3.5M
Expenses
$645K
FY2022▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$621K
FY2022$645K
FY2023$635K
FY2024$2.5M
FY2025$2.6M
Net assets
$41.1M
FY2022▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$37.1M
FY2021$45.5M
FY2022$41.1M
FY2023$45.4M
FY2024$47.7M
FY2025$49.7M

From the FY2022 Form 990 (year ending July 2022) · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1928.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $331K Management & general 46% · $296K Fundraising 3% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990-T; $82K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Secretary/CEO
$55,990Pt VII · Sec A
Assistant Secretary/COO
$26,316Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Fredrick Lawrence$64,709$60,258$55,769———
Frederick Lawrence———$55,990$48,942$44,201
Evagren Caldera——$39,920$26,316$44,049$36,584
Amy Mulnix$37,540$35,833————
Margaret Farr—————$34,841

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Phi Beta Kappa Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds scholarships and awards to promote learning.

Questions for Phi Beta Kappa Foundation

Tap to ask. Phi Beta Kappa Foundation sees how many people are interested.

Your first name shows with your question. Phi Beta Kappa Foundation answers here, for everyone.

1 program · $331K · in their own filed words · FY2021
01

Awards and Fellowships

The mary isabel sibley fellowship is awarded to women scholars every year, alternating between greek and french. The walter j. Jensen fellowship is awarded for at least six months of study in france. The purpose of the fellowship is to help educators and researchers improve education in standard french language, literature, and culture.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-6063291) · Dispute this line
$331Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$44
Grants paid · 44 grants · $4.9M · 2019–2024
The Phi Beta Kappa SocietyDC · FY2024$1,200,000
Unitemized GrantFY2024$203,000
Unitemized GrantFY2024$80,000
Unitemized GrantFY2024$50,000
Unitemized GrantFY2024$42,480
Unitemized GrantFY2024$32,500
Unitemized GrantFY2024$27,500
Unitemized GrantFY2024$10,000
Unitemized GrantFY2024$5,500
Unitemized GrantFY2024$2,250
Unitemized GrantFY2024$2,250
The Phi Beta Kappa SocietyDC · FY2023$1,574,010
Unitemized GrantFY2023$217,700
Unitemized GrantFY2023$65,550
Unitemized GrantFY2023$50,000
Unitemized GrantFY2023$30,000
Unitemized GrantFY2023$7,500
Unitemized GrantFY2023$2,200
See all 44 grants →

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$1.4M
Other income$809K
Investment income$575K
Money out
$645K
Programs$331K
Management$296K
Fundraising$19K
Owns and owes
$41.1M
net assets
Cash and savings$26K
Total assets$41.9M
Liabilities$775K
People
14
listed
Paid2
Voting board12
Independent12
2In more detail
Revenue in detail
Investment income$575K
Other income$809K
Total revenue$1.4M
Assets in detailEnd of year
Cash and savings together$26K
Total assets$41.9M
Liabilities$775K
Net assets$41.1M
Operations
Employees0
Volunteers25
Fiscal year endsJuly
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes
3Year over year
Business incomeForm 990-T, Part I
LineFY25FY24
Gross−$7K−$4K
Net−$7K−$4K
Tax$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 15, 2026 $3.5M$2.6M$812K$49.7M 990 PDF
FY2024Filed with the IRS Jun 16, 2025 $4.4M$2.5M$1.9M$47.7M 990 PDF
FY2023Filed with the IRS Jun 17, 2024 $3.2M$635K$2.5M$45.4M 990 PDF
FY2022 Viewing $1.4M$645K$739K$41.1M 990 PDF
FY2021Filed with the IRS Jun 10, 2022 $4.3M$621K$3.7M$45.5M 990 PDF
FY2020Filed with the IRS Jun 1, 2021 $593K$1.3M−$755K$37.1M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →