Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
National Panhellenic Conference Foundation Inc
990 • Fiscal year 2020 • EIN 35-1960621
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
37th percentile
Higher top officer pay than 37% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Balance Sheet
Assets
Up$1,644,819
Up $66,010 (+4.2%) from 2018
Net Assets
Up$1,626,717
Up $55,617 (+3.5%) from 2018
Liabilities
Up$18,102
Up $10,393 (+135%) from 2018
Revenue And Expenses
Revenue
Up$103,065
Up $14,313 (+16%) from 2018
Expenses
Up$147,654
Up $34,975 (+31%) from 2018
Net Income
Down-$44,589
Down $20,662 (-86%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- Nov 9, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $699,788
Mission and Program Overview
Mission
To advance the 26 women's organizations of the national panhellenic conference and their commitment to personal growth by raising funds for and underwriting initiatives that launch and substain women leaders.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $1,689,414 | $1,603,301 | ▼ $86,113 |
| Cash and Non-Interest-Bearing Accounts | $4,386 | $37,336 | ▲ $32,950 |
| Accounts Receivable | $0 | $4,182 | ▲ $4,182 |
| Prepaid Expenses and Deferred Charges | $86 | $0 | ▼ $86 |
| Total Assets | $1,693,886 | $1,644,819 | ▼ $49,067 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $5,804 | $18,102 | ▲ $12,298 |
| Total Liabilities | $5,804 | $18,102 | ▲ $12,298 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $1,646,246 | $1,581,440 | ▼ $64,806 |
| Net Assets Without Donor Restrictions | $41,836 | $45,277 | ▲ $3,441 |
| Total Net Assets Fund Balance | $1,688,082 | $1,626,717 | ▼ $61,365 |
| Total Liabilities and Net Assets / Fund Balance | $1,693,886 | $1,644,819 | ▼ $49,067 |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2019 | $1,544,944 | $6,300 | ▲ $38,296 | $68,852 | $1,520,688 |
| 2018 | $1,411,700 | $150 | ▲ $150,178 | $17,084 | $1,544,944 |
| 2017 | $1,476,940 | $3,913 | ▼ $58,386 | $10,767 | $1,411,700 |
| 2016 | $1,254,546 | $65,279 | ▲ $179,165 | $22,050 | $1,476,940 |
| 2015 | $1,168,205 | $18,979 | ▲ $86,792 | $19,430 | $1,254,546 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Ann Brookshire | President |
| Benita Dick | Trustee |
| Janet Brown | Trustee |
| Sarah Hughes | Trustee |
| Susan Polizzotto | Trustee |
| Mary Baker | Trustee & Npc Liaison |
| Dani Weatherford | Chief Executive Officer |
| Carol Helmus | Secretary |
| Barbara L Chadwick | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $34,065
- Program Service Revenue
- $0
- Investment Income
- $69,000
- Other Revenue
- $0
- All Other Contributions
- $34,065
- Change in Net Assets
- $-44,589
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $84,784
- Revenue Not Reported on Financial Statements
- $18,281
- Revenue Not Reported on Form 990
- $155,409
- Other Revenue Adjustments
- $6,146
- Total Revenue per Audited Statements
- $240,193
- Total Revenue per Form 990
- $103,065
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $114,453 |
| Other Expenses | $33,201 |
| Total Fundraising Expense | $2,302 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $107,453 | - | - | $107,453 |
| Fees for Service Investment Mgmnt Fees | - | $12,135 | - | $12,135 |
| Grants to Domestic Individuals | $7,000 | - | - | $7,000 |
| Fees for Services Accounting | - | $5,358 | - | $5,358 |
| Occupancy | - | $1,590 | - | $1,590 |
| Insurance | - | $1,578 | - | $1,578 |
| Conferences and Meetings | - | $889 | - | $889 |
| Other Expenses | $0 | $0 | $192 | $192 |
| Travel | $111 | - | - | $111 |
| Fees for Services Legal | - | $50 | - | $50 |
| Total Functional Expenses | $117,048 | $28,304 | $2,302 | $147,654 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $184,576 |
| Total Expenses per Form 990 | $147,654 |
| Expenses per Audited Statements | $129,373 |
| Expenses Not Reported on Form 990 | $55,203 |
| Expenses Not Reported on Financial Statements | $18,281 |
| Other Expense Adjustments | $6,146 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| National Panhellenic Conference | Carmel, IN | 501(c)(6) | Educational Programs | $107,453 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Audit committee
- No
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11B
“The ceo has been authorized by the board of trustees to review the form 990 and will submit to the board for approval before filing.”
Form 990, Part VI, Section C, Line 19
“Documents are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- National Panhellenic Conference
- EIN
- 35-1960621
- Phone
- 3178723185
- Address
- 12730 MEETING HOUSE ROAD NO 200, CARMEL, IN 46032
Signing Officer
- Name
- Dani Weatherford
- Title
- Chief Executive Officer
- Phone
- 3178723185
- Signed
- 2020-11-09
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Dani Weatherford
- Formed
- 1995
- Legal Domicile
- In
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 0
- Volunteers
- 30
Preparer
- Firm
- Blue & Co LLC
- Address
- 12800 N MERIDIAN ST STE 400, CARMEL, IN 46032
- Preparer
- Angela N Crawford CPA
- Phone
- 3178488920
Supplemental Narrative
Financial Statement Notes
PART V, LINE 4:
“The foundation has a policy of appropriating for distribution each year of 3% to 6% of each endowment fund's three year average fair value. The formula for calculating allowable distributions shall be applied to the three year average ending each march 31, and distributions with respect to each march 31 calculation shall be made in the current fiscal year. This is consistent with the foundation's objective to maintain the purchasing power of the endowment assets held in perpetuity or for a specific period of time as well as to provide additional real growth through new gifts and investment return.”
PART X, LINE 2:
“The foundation is organized as a not-for-profit corporation under section 501(c)(3) of the united states internal revenue code and corresponding state law. Additionally, the foundation has been determined not to be a private foundation under section 509(a) of the internal revenue code. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the foundation, and has concluded that as of june 30, 2020 and december 31, 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. As such, the foundation is generally exempt from income taxes. However, the foundation is required to file federal form 990 - return of organization exempt from income tax, and a similar state return, which are informational returns only. The foundation is subject to routine audits by taxing jurisdictions. However, as of the date the financial statements were available to be issued, there were no audits for any tax periods in progress.”
PART XI, LINE 2D - OTHER ADJUSTMENTS:
“Revenue from short year ended june 30, 2019 28,724. Unrealized gains on investments from short year ended june 30, 2019 143,461.”
PART XI, LINE 4B - OTHER ADJUSTMENTS:
“Investment expenses from short year ended june 30, 2019 6,146.”
PART XII, LINE 2D - OTHER ADJUSTMENTS:
“Expenses from short year ended june 30, 2019 55,203.”
PART XII, LINE 4B - OTHER ADJUSTMENTS:
“Investment expenses from short year ended june 30, 2019 6,146.”
Raw XML AppendixShowing 400 of 465 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | ESTABLISHED IN 1995, THE NATIONAL PANHELLENIC CONFERENCE FOUNDATION PROMOTES THE WOMEN'S-ONLY SORORITY EXPERIENCE AND THE PERSONAL GROWTH OF PANHELLENIC WOMEN. OUR MISSION IS SUPPORTED THROUGH THE SPONSORSHIP OF NATIONAL PANHELLENIC CONFERENCE EDUCATIONAL AND CHARITABLE PROGRAMS ADDRESSING THE INTELLECTUAL, PERSONAL AND SOCIAL GROWTH OF PANHELLENIC WOMEN, THE EMPOWERMENT OF ALL WOMEN AND THE PROMOTION OF HEALTHY CAMPUS CULTURES. |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | SALARY REIMBURSEMENT |
| IRS990/OtherExpensesGrp/Desc | 1 | OPERATIONS COST SHARING |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | ANNUAL REPORT |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 1188 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 922 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 192 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2859 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3600 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 245 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2484 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6531 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3600 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1167 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 192 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 86 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DANI WEATHERFORD |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 6022 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 27479 |
| IRS990/PYInvestmentIncomeAmt | 0 | 22702 |
| IRS990/PYOtherExpensesAmt | 0 | 27724 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -26479 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 55203 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 28724 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -44589 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 34065 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6022 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 38702 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 107472 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 47125 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 233386 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 51922 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 25717 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44150 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 67661 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 30198 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 219648 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.51520 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.58940 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 233386 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 34065 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6022 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 38702 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 107472 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 47125 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 233386 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 453034 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.00000 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 1544944 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 6300 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 1520688 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 38296 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 68852 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 1411700 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 150 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 1544944 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 150178 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 17084 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 1476940 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 3913 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 1411700 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | -58386 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 10767 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 1254546 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 65279 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 1476940 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 179165 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 22050 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 1168205 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt | 0 | 18979 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 1254546 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 86792 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 19430 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 55203 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 18281 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 129373 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 12135 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 12135 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -16776 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 55203 |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 6146 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 172185 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 6146 |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.66100 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 155409 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 18281 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 84784 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR OF 3% TO 6% OF EACH ENDOWMENT FUND'S THREE YEAR AVERAGE FAIR VALUE. THE FORMULA FOR CALCULATING ALLOWABLE DISTRIBUTIONS SHALL BE APPLIED TO THE THREE YEAR AVERAGE ENDING EACH MARCH 31, AND DISTRIBUTIONS WITH RESPECT TO EACH MARCH 31 CALCULATION SHALL BE MADE IN THE CURRENT FISCAL YEAR. THIS IS CONSISTENT WITH THE FOUNDATION'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIC PERIOD OF TIME AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND CORRESPONDING STATE LAW. ADDITIONALLY, THE FOUNDATION HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2020 AND DECEMBER 31, 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FOUNDATION IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND A SIMILAR STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | REVENUE FROM SHORT YEAR ENDED JUNE 30, 2019 28,724. UNREALIZED GAINS ON INVESTMENTS FROM SHORT YEAR ENDED JUNE 30, 2019 143,461. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | INVESTMENT EXPENSES FROM SHORT YEAR ENDED JUNE 30, 2019 6,146. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 4 | EXPENSES FROM SHORT YEAR ENDED JUNE 30, 2019 55,203. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 5 | INVESTMENT EXPENSES FROM SHORT YEAR ENDED JUNE 30, 2019 6,146. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.33900 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 147654 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 103065 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 240193 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 184576 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 6000 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 1 | 1000 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 1 | AWARDS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 5 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 1 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 107453 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(6) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | EDUCATIONAL PROGRAMS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | NATIONAL PANHELLENIC CONFERENCE |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 526057229 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 12730 MEETING HOUSE ROAD STE 200 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | CARMEL |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 46032 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION'S BOARD OF TRUSTEES HAS THE RESPONSIBILITY TO REVIEW THE REQUIREMENTS OF FOUNDATION GRANTS AND AWARDS, TO OVERSEE THE APPLICATION AND DECISION MAKING PROCESS, AND TO OVERSEE COMPLIANCE WITH QUALIFIED PURPOSES THROUGH THE GRANT PROCESS. THE GRANTEE REPORTS BACK TO THE FOUNDATION THE USE OF FUNDS. THE REPORT MAY INCLUDE NUMBER SERVED, TESTIMONIAL STATEMENTS, OR EDUCATION OUTCOMES FOR SOME GRANTS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CEO HAS BEEN AUTHORIZED BY THE BOARD OF TRUSTEES TO REVIEW THE FORM 990 AND WILL SUBMIT TO THE BOARD FOR APPROVAL BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1693886 |
| IRS990/TotalAssetsEOYAmt | 0 | 1644819 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1693886 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1644819 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 34065 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 2302 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 28304 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 117048 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 147654 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 5804 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 18102 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,644,819
- Liabilities
- $18,102
- Net assets
- $1,626,717
- Revenue
- $103,065
- Expenses
- $147,654
- Net income
- -$44,589