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The 2026 State of the Industry Report

For more than two decades, Pennington & Company has tracked the financial health of fraternity and sorority foundations, keeping the interfraternal community informed on where the industry stands and where it is headed.

The 2026 report unpacks the latest IRS Form 990 (2024 fiscal year) findings across the NPC, NPHC, and Traditional IFC councils, setting current results against five years of asset growth, fundraising totals, grantmaking, and program spending. This year’s analysis goes a step further, examining the nuances behind the numbers and how more precise benchmarking sharpens the way foundations measure their own performance.

  • Compare net assets, annual support, grants, and program spending against foundations your size
  • Track five years of movement in giving, assets, and grantmaking
  • See the nuance behind the totals, not just the headline numbers

Headline findings

The 2026 State of the Industry: By the Numbers report analyzes fraternity and sorority foundations' financial health and philanthropic impact using IRS Form 990 data. It benchmarks assets, support, grants, program spending, and fundraising, helping organizations track industry trends and measure performance against relevant peers.

$1.48 Billion in Net Assets
Fraternity and sorority foundations reported more than $1.48 billion in combined net assets, demonstrating the significant and growing financial resources supporting the fraternal experience.
$204 Million in Annual Support
Foundations generated more than $204 million in annual support, reflecting the continued generosity of alumni, members and friends investing in fraternity and sorority organizations.
$103 Million Granted in a Single Year
More than $103 million was distributed through grants and similar assistance, putting philanthropic resources directly to work supporting students, members and mission-driven programs.
8% Growth, Ahead of U.S. Giving Overall
Fraternity and sorority annual support grew 8% in FY2024, outpacing the 6.3% increase in total U.S. charitable giving.