Established to oversee the development of the memorial project, the Washington, D.C. Martin Luther King, Jr. Memorial Project Foundation, Inc. is a non-profit fundraising arm of the fraternity. The foundations mission is "to commemorate the life and work of  Dr. Martin Luther King, Jr. by leading a collaborative funding, design and construction process in the creation of a memorial to honor his national and international contributions to world peace through non-violent social change."

Go To High School, Go To College established in 1922, concentrates on the importance of completing secondary and collegiate education as a road to advancement. Statistics prove the value of this extra impetus in making the difference in the success of young African-American men, given that school completion is the single best predictor of future economic success. Through the Go-to-High-School, Go-to-College educational initiative, young men receive information and learn strategies that facilitate success. Alpha men provide youth participants with excellent role models to emulate. It is a program counseling youth on the importance of post-secondary education while introducing them to promising professions. Through the program, students and their families are provided information about college entrance and financial aid. The counseling thrust is augmented by a vigorous scholarship program for college-bound youth.