Phi Kappa Sigma Educational Fund Inc

“Treasurer reviews completed form 990, sends copies to other officers for thier comments before filing.”

“AVAILABLE UPON REQUEST”

“The 12/31/21 tax return is being amended to reflect an amended donor balance of 235,367 in part part x, and to amend the investment income reported in part i, part viii, and part xi. Part i summary line 10. Prior year investment income is reduced by 890,479, equals 157,478. Part i summary line 10. Current year investment income is increased by 17,697, equals 239,123. Part i summary line 12. Prior year total revene is reduced by 890,479, equals 212,788. Part i summary line 12. Current year total revenue is increased by 17,697, equals 313,202. Part i summary line 17. Current year other expenses is increased by 1, equals 85,415. Part i summary line 19. Prior year revenue less expenses is reduced by 890,479, equals -133,061. Part i summary line 19. Current year revnue less expenses is increased by 17,697, equals 175,348. Part i sumary line 21. Current year total liabilities is increased by 1, equals 4,166. Part iv checklist of required schedules line 38. Answer to question "did the organization complete schedule o and provide explanations on schedule o for part iv, lines 11b & 19?" amended from 'no' to 'yes'. Part viii statement of revenue, other revenue line 3 column a. Investment income is increased by 17,697, equals 239,123. Part viii statement of revenue, other revenue line 3 column b. Investment income is increased by 17,697, equals 239,123. Part viii statement of revenue, other revenue line 12. Total revenue column (a) is increased by 17,697, equals 313,202. Part viii statement of revenue, other revenue line 12. Total revenue column (b) is increased by 17,697, equals 253,289. Part x balance sheet line 1. Current year cash-non-bearing-interest is increased by 1, equals 128,931. Part x balance sheet line 16. Current year total assets is increased by 1, now equals 5,305,558. Part x balance sheet line 27. Current year net assets without donor restrictions is increased by 90,000, now equals 5,066,025. Part x balance sheet line 28. Current year net assets without donor restrictions is decreased by 90,000, equals 235,367. Part x balance sheet line 33. Current year total liabilities and net assets/funds balance is increased by 1, equals 5,305,558. Part xi reconciliation of net assets line 1. Total revenue is increased by 17,697, equals 313,202. Part xi reconciliation of net assets line 3. Revenue less expenses is increased by 17,697, equals 175,348. Part xi reconciliation of net assets line 5. Net unrealized gains (losses) on investments is decreased by 17,697, equals -17,697. Schedule a part ii section b line 8. Gross income from interest, dividends, payments received on securities loans, rents, royalites, and income similar sources column (d) is decreased by 866,863, equals 181,097. Schedule a part ii section b line 8. Gross income from interest, dividends, payments received on securities loans, rents, royalites, and income similar sources column is increased by 17,697, euals 235,289. Schedule a part ii section b line 8. Gross income from interest, dividends, payments received on securities loans, rents, royalites, and income similar sources column (f) is decreased by 835,000, equals 1,077,340. Schedule a part ii section b line 11. Total support column (f) is reduced by 835,000, equals 1,439,332. Schedule a part ii section b line 12. Gross receipts from related activities is increased, etc. Is increased by 17,697, equals 253,289. Schedule a part ii section c line 14. Public support percentage for 2021 is increased by 9.23%, equals 25.15%. Schedule a part ii section c line 15. Public support percentage from 2020 is increased by 11.2%, equals 29.71% schedule a part ii section c line 17a. 10%-facts-and-circumstances test - 2021 amended from blank to marked. Schedule a part ii section c line 18. Private foundation amended from marked to blank. End of amended return explanation.”

“To provide financial assistance in the form of scholarships to eligible fraternity members and support development of scholastic improvement and leadership capability of fratenity members within the individual chapters of the fraternity”