Phi Mu Foundation
Phi Mu Foundation
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About this organization
Mission
The mission of Phi Mu Foundation is the lifetime development of women through the support of Phi Mu's leadership, scholarship, philanthropic and educational programs.
About
Academic scholarships/member assistance/leadership programs: The foundation awards more than 100 graduate and undergraduate scholarships each academic year. Most scholarships are unrestricted, but some have been established for a particular chapter, field of study, state of residence or college. There are both merit and financial need based scholarships. In addition, the foundation is proud to provide emergency grants for collegiate and alumnae members who experience financial distress due to natural disasters, medical emergencies, or other severe personal or family issues. To further support the mission of educational and leadership initiatives, the foundation awards grants to Phi Mu Fraternity for the development of premier, values-based programming such as Greek Life Edu, Phi Mu University, and the chapter consultant program.
Interesting data from their 2020 990 filing
The non-profit's mission is outlined in the filing as being “The mission of phi mu foundation is the lifetime development of women through the support of phi mu's leadership, scholarship, philanthropic, educational programs, and historic preservation.”.
When outlining its responsibilities, they were referred to as: “The mission of phi mu foundation is the lifetime development of women through the support of phi mu's leadership, scholarship, philanthropic, educational programs, and historic preservation.”.
- The state in which the non-profit operates has been officially reported as TN.
- The filing reveals the non-profit's address in 2020 to be 400 westpark drive, peachtree city, GA, 30269.
- As per the non-profit's form for 2020, they have 9 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Collects art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $188,024.
- The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 12 independent voting members.
- The organization was formed in 1957.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $610,063 in salary, compensation, and benefits to its employees.
- The organization pays $660,820 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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