ALPHA KAPPA PSI SCHOLARSHIP FUND
Cite this
Plain text ALPHA KAPPA PSI SCHOLARSHIP FUND. Strategy Studio, nonprofit organization profile, tax years 2020–2024. https://strategystudio.org/org/411925673. Retrieved 2026-10-19.
APA Strategy Studio. (n.d.). ALPHA KAPPA PSI SCHOLARSHIP FUND [Nonprofit organization profile; tax years 2020–2024]. Retrieved October 19, 2026, from https://strategystudio.org/org/411925673
MLA “ALPHA KAPPA PSI SCHOLARSHIP FUND.” Strategy Studio, tax years 2020–2024, https://strategystudio.org/org/411925673. Accessed 19 Oct. 2026.
Retrieved 2026-10-19; covers tax years 2020–2024. Data: Strategy Studio, CC BY 4.0.
2024 · Form 990 · revenue $634K · expenses $409K · assets $4.4M
- EIN
- 41-1925673
- Address
- PO BOX 16553, MINNEAPOLIS, MN 55416-0553
- Website
- www.akpsischolarships.org
- NTEE code
- B82
- Subsection
- 501(c)(3)
- Ruling year
- 2006
- Cross-check
- ProPublica Nonprofit Explorer
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.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
3 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Bradley P Johnson | Executive Director | 2020-2024 | $36,310 | $36,310 | 1 |
| Laura C Murphy | Director | 2020-2024 | $0 | $31,944 | 1 |
| Holly Anderson (former) | Executive Director | 2020-2023 | $41,343 | $124,623 | 1 |
Officers and directors, no compensation reported
19 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Myron C Martin | VP & Treasurer | 2020-2024 | 2 | $0 reported | 2 |
| Richard A Perrine | President & Chairman of the Board | 2020-2024 | 2 | $0 reported | 1 |
| Wade A Zander | VP of Finance | 2020-2024 | 2 | $0 reported | 1 |
| Lila M Chu | Director | 2020-2024 | 1 | $0 reported | 1 |
| Nicole Johnson | Director | 2020-2024 | 1 | $0 reported | 1 |
| Adam J Krasnoff | Director | 2020-2024 | 1 | $0 reported | 1 |
| Robert Vaupel | Director | 2020-2024 | 1 | $0 reported | 1 |
| Gary M Lechko | Director | 2020-2024 | 1 | $0 reported | 1 |
| Michael J Vanderhayden | Director | 2020-2024 | 1 | $0 reported | 1 |
| Jon Podvin | Director | 2020-2024 | 1 | $0 reported | 1 |
| Amy Richard | Director | 2024 | 1 | $0 reported | 1 |
| Ryan Smith | Director | 2024 | 1 | $0 reported | 1 |
| Drew Reilly | Director | 2022-2024 | 1 | $0 reported | 1 |
| Lois M Martin (former) | Secretary | 2020-2023 | 2 | $0 reported | 2 |
| Mark W Foley (former) | Director | 2020-2023 | 1 | $0 reported | 1 |
| Nick Hotz (former) | Director | 2020-2023 | 1 | $0 reported | 1 |
| Ben Stevenson (former) | Director | 2022-2023 | 1 | $0 reported | 1 |
| Donald R Moberg (former) | Chairman | 2020 | 2 | $0 reported | 1 |
| Walter W Erickson (former) | Director | 2020 | 1 | $0 reported | 1 |
People by year
2024 · 15 people listed · 1 paid, $36K · 0 employees · 15 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Bradley P Johnson | Executive Director | 2 | $36,310 | $0 | $0 | $36,310 | 1 |
| Richard A Perrine | President & Chairman of the Board | 2 | $0 | $0 | $0 | $0 | 1 |
| Myron C Martin | VP & Treasurer | 2 | $0 | $0 | $0 | $0 | 2 |
| Wade A Zander | VP of Finance | 2 | $0 | $0 | $0 | $0 | 1 |
| Lila M Chu | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Nicole Johnson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Adam J Krasnoff | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Robert Vaupel | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Gary M Lechko | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Laura C Murphy | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Michael J Vanderhayden | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Jon Podvin | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Amy Richard | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Ryan Smith | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Drew Reilly | Director | 1 | $0 | $0 | $0 | $0 | 1 |
2023 · 18 people listed · 1 paid, $41K · 0 employees · 15 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Holly Anderson | Executive Director | 18 | $41,343 | $0 | $0 | $41,343 | 1 |
| Richard A Perrine | President & Chairman of the Board | 2 | $0 | $0 | $0 | $0 | 1 |
| Myron C Martin | VP & Treasurer | 2 | $0 | $0 | $0 | $0 | 2 |
| Lois M Martin | Secretary | 2 | $0 | $0 | $0 | $0 | 2 |
| Laura C Murphy | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Adam J Krasnoff | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Robert Vaupel | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Gary M Lechko | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Michael J Vanderhayden | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Lila M Chu | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Mark W Foley | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Wade A Zander | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Bradley P Johnson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Jon Podvin | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Nick Hotz | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Nicole Johnson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Ben Stevenson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Drew Reilly | Director | 1 | $0 | $0 | $0 | $0 | 1 |
2022 · 18 people listed · 1 paid, $39K · 0 employees · 17 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Holly Anderson | Executive Director | 18 | $39,400 | $0 | $0 | $39,400 | 1 |
| Richard A Perrine | President & Chairman of the Board | 2 | $0 | $0 | $0 | $0 | 1 |
| Myron C Martin | VP & Treasurer | 2 | $0 | $0 | $0 | $0 | 2 |
| Lois M Martin | Secretary | 2 | $0 | $0 | $0 | $0 | 2 |
| Laura C Murphy | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Adam J Krasnoff | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Robert Vaupel | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Gary M Lechko | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Michael J Vanderhayden | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Lila M Chu | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Mark W Foley | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Wade A Zander | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Bradley P Johnson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Jon Podvin | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Nick Hotz | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Nicole Johnson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Ben Stevenson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Drew Reilly | Director | 1 | $0 | $0 | $0 | $0 | 1 |
2021 · 16 people listed · 1 paid, $42K · 0 employees · 15 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Holly Anderson | Executive Director | 2 | $41,748 | $0 | $0 | $41,748 | 1 |
| Richard A Perrine | President & Chairman of the Board | 2 | $0 | $0 | $0 | $0 | 1 |
| Myron C Martin | VP & Treasurer | 2 | $0 | $0 | $0 | $0 | 2 |
| Lois M Martin | Secretary | 2 | $0 | $0 | $0 | $0 | 2 |
| Laura C Murphy | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Adam J Krasnoff | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Robert Vaupel | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Gary M Lechko | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Michael J Vanderhayden | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Lila M Chu | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Mark W Foley | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Wade A Zander | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Bradley P Johnson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Jon Podvin | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Nick Hotz | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| Nicole Johnson | Director | 1 | $0 | $0 | $0 | $0 | 1 |
2020 · 18 people listed · 2 paid, $34K · 0 employees · 17 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| LAURA C MURPHY | Executive Director | 2 | $31,944 | $0 | $0 | $31,944 | 1 |
| HOLLY ANDERSON | Executive Director | 2 | $2,132 | $0 | $0 | $2,132 | 1 |
| DONALD R MOBERG | Chairman | 2 | $0 | $0 | $0 | $0 | 1 |
| RICHARD A PERRINE | President | 2 | $0 | $0 | $0 | $0 | 1 |
| MYRON C MARTIN | VP Treasurer | 2 | $0 | $0 | $0 | $0 | 2 |
| LOIS M MARTIN | Secretary | 2 | $0 | $0 | $0 | $0 | 2 |
| ADAM J KRASNOFF | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| WALTER W ERICKSON | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| ROBERT VAUPEL | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| GARY M LECHKO | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| MICHAEL J VANDERHAYDEN | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| LILA M CHU | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| MARK W FOLEY | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| WADE A ZANDER | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| BRADLEY P JOHNSON | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| JON PODVIN | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| NICK HOTZ | Director | 1 | $0 | $0 | $0 | $0 | 1 |
| NICOLE JOHNSON | Director | 1 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $634,064 | $409,122 | $4,397,125 | $4,394,875 | $519,197 | $0 | $36,200 | 0 | 15 |
| 2023 · Form 990 | ||||||||
| $351,070 | $382,651 | $3,891,474 | $3,881,325 | $263,238 | $0 | $41,343 | 0 | 15 |
| 2022 · Form 990 | ||||||||
| $281,614 | $333,632 | $3,641,146 | $3,636,864 | $199,921 | $0 | $39,400 | 0 | 17 |
| 2021 · Form 990 | ||||||||
| $307,258 | $370,825 | $3,486,974 | $3,480,402 | $222,180 | $0 | $41,748 | 0 | 15 |
| 2020 · Form 990 | ||||||||
| $431,355 | $302,529 | $3,897,700 | $3,893,479 | $346,765 | $0 | $34,076 | 0 | 17 |
Funders of this organization
15 grantors reported grants to this organization, $1,536,305 in all, tax years 2011 to 2024. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| ENTERPRISE EDUCATION FOUNDATION | Private foundation | Fuzzy filed as “ALPHA KAPPA PSI SCHOLARSHIP FUND” | 2019-2024 | 6 | $773,974 | 2024 | $287,600 | show |
| DONOR ADVISED CHARITABLE GIVING | DAF sponsor | Exact | 2019-2024 | 6 | $333,510 | 2024 | $30,500 | show |
| MIGHTYCAUSE CHARITABLE FOUNDATION | DAF sponsor | Exact | 2011-2013, 2022 | 4 | $122,189 | 2022 | $7,482 | show |
| UNIVERSITY OF MINNESOTA FOUNDATION | DAF sponsor | Exact | 2012, 2014 | 2 | $59,046 | 2014 | $25,000 | show |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM | DAF sponsor | Exact | 2020-2024 | 5 | $54,000 | 2024 | $10,000 | show |
| CENTER OF THE AMERICAN EXPERIMENT | Public charity | Exact | 2019-2020 | 2 | $50,000 | 2020 | $25,000 | show |
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | DAF sponsor | Exact | 2016-2019, 2024 | 5 | $44,720 | 2024 | $7,000 | show |
| CHORZEMPA FAMILY FOUNDATION | Private foundation | Fuzzy filed as “Alpha Kappa Psi Scholarship Fund” | 2023 | 1 | $40,000 | 2023 | $40,000 | show |
| THRIVENT CHARITABLE IMPACT & INVESTING | DAF sponsor | Exact | 2024 | 1 | $25,000 | 2024 | $25,000 | show |
| SAN ANTONIO AREA FOUNDATION GROUP RETURN | DAF sponsor | Exact | 2014 | 1 | $15,130 | 2014 | $15,130 | show |
| THE K FOUNDATION | Public charity | Exact | 2017 | 1 | $14,804 | 2017 | $14,804 | show |
| CAMPBELL FOUNDATION | Private foundation | Fuzzy filed as “ALPHA KAPPA PSI SCHOLARSHIP FUND” | 2019-2020, 2024 | 3 | $3,000 | 2024 | $1,000 | show |
| MARILYN AND GLEN NELSON FAMILY FOUNDATION | Private foundation | Fuzzy filed as “ALPHA KAPPA PSI SCHOLARSHIP FUND” | 2015 | 1 | $500 | 2015 | $500 | show |
| CENTERPOINT ENERGY FOUNDATION INC | Private foundation | Fuzzy filed as “ALPHA KAPPA PSI SCHOLARSHIP FUND” | 2022 | 1 | $300 | 2022 | $300 | show |
| AMAZONSMILE FOUNDATION | Private foundation | Fuzzy filed as “ALPHA KAPPA PSI SCHOLARSHIP FUND” | 2020-2023 | 4 | $132 | 2023 | $33 | show |
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| MORSE HIGH SCHOOL SCHOLARSHIP FUND | ME | B82 | $781,875 | $337,915 | VICE PRESIDENT | $0 | Same NTEE code B82, revenue within 2x |
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Who funds organizations like this
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The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $409,122 spent · pay $36,200 · grants $347,966 · events $6,615
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US individuals | $347,966 | $347,966 | - | - | 85.1% | |
| Pay: officers, directors, trustees, key employees | $36,200 | $25,340 | $3,620 | $7,240 | 8.8% | |
| Insurance | $7,803 | - | $7,803 | - | 1.9% | |
| Other (as described) Event | TBJ Golf Expense | $6,615 | $0 | $0 | $6,615 | 1.6% |
| Advertising and promotion | $4,000 | $240 | $3,400 | $360 | 1.0% | |
| Other (as described) | All Other Expenses | $3,180 | $0 | $3,180 | $0 | 0.8% |
| Office expenses | $1,620 | $0 | $1,620 | $0 | 0.4% | |
| Fees: accounting | $923 | $0 | $923 | $0 | 0.2% | |
| Other (as described) | Credit Card Processing Fee | $586 | $0 | $586 | $0 | 0.1% |
| Other (as described) | Meals and Entertainment | $229 | $0 | $229 | $0 | 0.1% |
| Total | $409,122 | 100% |
2023 · Form 990 · $382,651 spent · pay $41,343 · grants $308,003 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US individuals | $308,003 | $308,003 | - | - | 80.5% | |
| Pay: officers, directors, trustees, key employees | $41,343 | $28,940 | $4,134 | $8,269 | 10.8% | |
| Insurance | $11,403 | - | $11,403 | - | 3.0% | |
| All other expenses | $11,114 | - | $1,970 | $9,144 | 2.9% | |
| Advertising and promotion | $7,470 | $448 | $6,350 | $672 | 2.0% | |
| Fees: accounting | $1,703 | - | $1,703 | - | 0.4% | |
| Office expenses | $1,476 | - | $1,476 | - | 0.4% | |
| Other (as described) | Other Miscellaneous Expense | $139 | $0 | $139 | - | 0.0% |
| Total | $382,651 | 100% |
2022 · Form 990 · $333,632 spent · pay $39,400 · grants $277,885 · events $1,688
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US individuals | $277,885 | $277,885 | - | - | 83.3% | |
| Pay: officers, directors, trustees, key employees | $39,400 | $27,580 | $3,940 | $7,880 | 11.8% | |
| Advertising and promotion | $6,380 | $382 | $5,424 | $574 | 1.9% | |
| Insurance | $4,218 | $0 | $4,218 | $0 | 1.3% | |
| Other (as described) Event | Centennial Celebration | $1,688 | $0 | $0 | $1,688 | 0.5% |
| Fees: accounting | $1,573 | $0 | $1,573 | $0 | 0.5% | |
| Office expenses | $1,531 | $0 | $1,531 | $0 | 0.5% | |
| Other (as described) | Credit Card Processing Fee | $365 | $0 | $365 | $0 | 0.1% |
| Other (as described) | Meals & Entertainment | $351 | $0 | $351 | $0 | 0.1% |
| Other (as described) | Bank Charges & Fees | $167 | $0 | $167 | $0 | 0.1% |
| Fees: legal | $49 | $0 | $49 | $0 | 0.0% | |
| All other expenses | $25 | $0 | $25 | $0 | 0.0% | |
| Total | $333,632 | 100% |
2021 · Form 990 · $370,825 spent · pay $41,748 · grants $293,178 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US individuals | $293,178 | $293,178 | - | - | 79.1% | |
| Pay: officers, directors, trustees, key employees | $41,748 | $29,224 | $4,175 | $8,349 | 11.3% | |
| Fees: other services | $19,061 | - | $19,061 | - | 5.1% | |
| Advertising and promotion | $8,339 | $370 | $5,252 | $2,717 | 2.2% | |
| Fees: accounting | $2,874 | - | $2,874 | - | 0.8% | |
| Insurance | $1,971 | - | $1,971 | - | 0.5% | |
| Office expenses | $1,266 | - | $1,266 | - | 0.3% | |
| Other (as described) | Credit Card Processing | $653 | $0 | $653 | $0 | 0.2% |
| Other (as described) | Board of Directors expense | $645 | $0 | $645 | $0 | 0.2% |
| Other (as described) | Meals & Entertainment | $558 | $0 | $558 | $0 | 0.2% |
| All other expenses | $387 | - | $387 | - | 0.1% | |
| Other (as described) | Bank charges and fees | $145 | $0 | $145 | $0 | 0.0% |
| Total | $370,825 | 100% |
2020 · Form 990 · $302,529 spent · pay $34,076 · grants $255,446 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US individuals | $255,446 | $255,446 | - | - | 84.4% | |
| Pay: officers, directors, trustees, key employees | $34,076 | $23,853 | $3,408 | $6,815 | 11.3% | |
| Advertising and promotion | $6,290 | $377 | $5,347 | $566 | 2.1% | |
| Fees: accounting | $3,405 | - | $3,405 | - | 1.1% | |
| Insurance | $1,903 | - | $1,903 | - | 0.6% | |
| Office expenses | $559 | - | $559 | - | 0.2% | |
| Other (as described) | Credit Card Processing Fee | $394 | - | $394 | - | 0.1% |
| All other expenses | $278 | - | $278 | - | 0.1% | |
| Other (as described) | Bank Charges and Fees | $149 | - | $149 | - | 0.0% |
| Other (as described) | Taxes and Licenses | $29 | - | $29 | - | 0.0% |
| Total | $302,529 | 100% |