Civic Intelligence

Phi Mu Foundation Inc

990 • Fiscal year 2011 • EIN 62-6042543

Jul 01, 2010 to Jun 30, 2011 • Filed on Nov 15, 2011

400 Westpark Drive30269
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2011 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

77th percentile

12%

Faster asset growth than 77% of similar nonprofits.

2011 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$10,527,845

Up $1,141,465 (+12%) from 2010

Net Assets

Up

$10,527,845

Up $1,141,465 (+12%) from 2010

Liabilities

Flat

$0

Flat from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$967,234

Up $67,759 (+7.5%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $9,386,380Liabilities 2010: $0Net Assets 2010: $9,386,3802010Assets 2011: $10,527,845Liabilities 2011: $0Net Assets 2011: $10,527,8452011Assets 2012: $10,843,081Liabilities 2012: $0Net Assets 2012: $10,843,0812012Assets 2013: $11,355,901Liabilities 2013: $0Net Assets 2013: $11,355,9012013Assets 2014: $12,018,624Liabilities 2014: $73,137Net Assets 2014: $11,945,4872014Assets 2015: $11,431,937Liabilities 2015: $36,742Net Assets 2015: $11,395,1952015Assets 2016: $10,894,884Liabilities 2016: $89,176Net Assets 2016: $10,805,7082016Assets 2017: $10,871,681Liabilities 2017: $29,327Net Assets 2017: $10,842,3542017Assets 2018: $10,649,694Liabilities 2018: $67,763Net Assets 2018: $10,581,9312018Assets 2019: $10,607,625Liabilities 2019: $31,705Net Assets 2019: $10,575,9202019Assets 2020: $11,353,115Liabilities 2020: $177,855Net Assets 2020: $11,175,2602020Assets 2021: $12,898,353Liabilities 2021: $12,343Net Assets 2021: $12,886,0102021Assets 2022: $11,103,093Liabilities 2022: $59,352Net Assets 2022: $11,043,7412022Assets 2023: $11,755,713Liabilities 2023: $17,160Net Assets 2023: $11,738,5532023Assets 2024: $12,881,713Liabilities 2024: $123,095Net Assets 2024: $12,758,6182024Assets 2025: $14,249,840Liabilities 2025: $34,826Net Assets 2025: $14,215,0142025

Highlighted filing

2011

Assets$10,527,845
Liabilities$0
Net Assets$10,527,845

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $952,218Expenses 2010: $899,475Net Income 2010: $52,7432010Expenses 2011: $967,2342011Expenses 2012: $901,5382012Expenses 2013: $1,249,5372013Revenue 2014: $1,138,529Expenses 2014: $1,308,594Net Income 2014: -$170,0652014Revenue 2015: $1,201,397Expenses 2015: $1,552,226Net Income 2015: -$350,8292015Revenue 2016: $1,274,305Expenses 2016: $1,501,791Net Income 2016: -$227,4862016Revenue 2017: $1,926,282Expenses 2017: $1,818,774Net Income 2017: $107,5082017Revenue 2018: $1,952,709Expenses 2018: $1,693,611Net Income 2018: $259,0982018Revenue 2019: $2,071,177Expenses 2019: $1,883,153Net Income 2019: $188,0242019Revenue 2020: $1,934,159Expenses 2020: $1,413,815Net Income 2020: $520,3442020Revenue 2021: $3,270,251Expenses 2021: $1,384,758Net Income 2021: $1,885,4932021Revenue 2022: $1,619,138Expenses 2022: $1,773,949Net Income 2022: -$154,8112022Revenue 2023: $1,807,623Expenses 2023: $1,984,503Net Income 2023: -$176,8802023Revenue 2024: $1,626,038Expenses 2024: $1,541,790Net Income 2024: $84,2482024Revenue 2025: $2,955,225Expenses 2025: $2,077,637Net Income 2025: $877,5882025

Highlighted filing

2011

Revenue-
Expenses$967,234
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Nov 15, 2011
Return Version
2010v3.6
Gross Receipts
$1,778,535
Mission and Program Overview

Mission

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.

Major Activities

Activity 2
Children's miracle network hospitals: since 1986, children's miracle network hospitals has been phi mu's primary philanthropy. Our chapters, both collegiate and alumnae, raise money for this worthy cause. Partnering with children's miracle network hospitals, fulfills part of our mission statement. We are committed to helping those less fortunate and this is one way that every chapter can make a difference in the lives of children. During the year, our chapters raised 743,799.15 for children's miracle network hospitals. We also sponsor an internship for a collegian who is interested in working for a children's hospital. We provided a 500 stipend for 150 hours of work. This internship is funded each year from the "happy" parker lowden children's miracle network hospitals internship fund. As a national sponsor of children's miracle network hospitals, we have raised over 8 million dollars since 1986. Our chapters have embraced this philanthropic cause and continue to help us meet our goals. All money donated to children's miracle network hospitals goes directly to the children's miracle network and then to the local hospital where the funds were raised. We do not keep any of the money raised on behalf of children's miracle network hospitals. We ensure that our organization is credited with the dollars raised. All expenses are paid out of the social services endowment fund. We are extremely proud of our partnership with children's miracle network hospitals and will continue to assist those less fortunate through this endeavor.
Activity 3
Philomatheon room and museum - we at phi mu foundation are very proud of our past. This pride is intensified by the fact that phi mu boasts nearly 150 years as a women's organization, originally founded in 1852. We were founded at wesleyan college in macon, georgia. We have a museum in our headquarters located in peachtree city, georgia. Inside our headquarters are numerous items including orginal badges on display. We continue to purchase items of historical value and house such items onsite and offsite at the cannonball house located in macon, georgia. The cannonball house displays our items along with alpha delta pi, the first women's organization founded at wesleyan college. We pay rent to the cannonball house and also for insurance on our items. Hundreds of people enjoy visiting our headquarters and the cannonball house annually. These two venues provide opportunities for our historical preservation.
Filing and Contact Details

Filer

EIN
62-6042543
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IRS990/Activity2/Description0CHILDREN'S MIRACLE NETWORK HOSPITALS: SINCE 1986, CHILDREN'S MIRACLE NETWORK HOSPITALS HAS BEEN PHI MU'S PRIMARY PHILANTHROPY. OUR CHAPTERS, BOTH COLLEGIATE AND ALUMNAE, RAISE MONEY FOR THIS WORTHY CAUSE. PARTNERING WITH CHILDREN'S MIRACLE NETWORK HOSPITALS, FULFILLS PART OF OUR MISSION STATEMENT. WE ARE COMMITTED TO HELPING THOSE LESS FORTUNATE AND THIS IS ONE WAY THAT EVERY CHAPTER CAN MAKE A DIFFERENCE IN THE LIVES OF CHILDREN. DURING THE YEAR, OUR CHAPTERS RAISED 743,799.15 FOR CHILDREN'S MIRACLE NETWORK HOSPITALS. WE ALSO SPONSOR AN INTERNSHIP FOR A COLLEGIAN WHO IS INTERESTED IN WORKING FOR A CHILDREN'S HOSPITAL. WE PROVIDED A 500 STIPEND FOR 150 HOURS OF WORK. THIS INTERNSHIP IS FUNDED EACH YEAR FROM THE "HAPPY" PARKER LOWDEN CHILDREN'S MIRACLE NETWORK HOSPITALS INTERNSHIP FUND. AS A NATIONAL SPONSOR OF CHILDREN'S MIRACLE NETWORK HOSPITALS, WE HAVE RAISED OVER 8 MILLION DOLLARS SINCE 1986. OUR CHAPTERS HAVE EMBRACED THIS PHILANTHROPIC CAUSE AND CONTINUE TO HELP US MEET OUR GOALS. ALL MONEY DONATED TO CHILDREN'S MIRACLE NETWORK HOSPITALS GOES DIRECTLY TO THE CHILDREN'S MIRACLE NETWORK AND THEN TO THE LOCAL HOSPITAL WHERE THE FUNDS WERE RAISED. WE DO NOT KEEP ANY OF THE MONEY RAISED ON BEHALF OF CHILDREN'S MIRACLE NETWORK HOSPITALS. WE ENSURE THAT OUR ORGANIZATION IS CREDITED WITH THE DOLLARS RAISED. ALL EXPENSES ARE PAID OUT OF THE SOCIAL SERVICES ENDOWMENT FUND. WE ARE EXTREMELY PROUD OF OUR PARTNERSHIP WITH CHILDREN'S MIRACLE NETWORK HOSPITALS AND WILL CONTINUE TO ASSIST THOSE LESS FORTUNATE THROUGH THIS ENDEAVOR.
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IRS990/Activity3/Description0PHILOMATHEON ROOM AND MUSEUM - WE AT PHI MU FOUNDATION ARE VERY PROUD OF OUR PAST. THIS PRIDE IS INTENSIFIED BY THE FACT THAT PHI MU BOASTS NEARLY 150 YEARS AS A WOMEN'S ORGANIZATION, ORIGINALLY FOUNDED IN 1852. WE WERE FOUNDED AT WESLEYAN COLLEGE IN MACON, GEORGIA. WE HAVE A MUSEUM IN OUR HEADQUARTERS LOCATED IN PEACHTREE CITY, GEORGIA. INSIDE OUR HEADQUARTERS ARE NUMEROUS ITEMS INCLUDING ORGINAL BADGES ON DISPLAY. WE CONTINUE TO PURCHASE ITEMS OF HISTORICAL VALUE AND HOUSE SUCH ITEMS ONSITE AND OFFSITE AT THE CANNONBALL HOUSE LOCATED IN MACON, GEORGIA. THE CANNONBALL HOUSE DISPLAYS OUR ITEMS ALONG WITH ALPHA DELTA PI, THE FIRST WOMEN'S ORGANIZATION FOUNDED AT WESLEYAN COLLEGE. WE PAY RENT TO THE CANNONBALL HOUSE AND ALSO FOR INSURANCE ON OUR ITEMS. HUNDREDS OF PEOPLE ENJOY VISITING OUR HEADQUARTERS AND THE CANNONBALL HOUSE ANNUALLY. THESE TWO VENUES PROVIDE OPPORTUNITIES FOR OUR HISTORICAL PRESERVATION.
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IRS990/Description0SCHOLARSHIPS AND PROGRAMMING AND LEARNING SERVICES: THE FOUNDATION CONTINUED ITS PARTNERSHIP WITH PHI MU FRATERNITY TO PROVIDE LEADERSHIP AND EDUCATIONAL PROGRAMMING FOR PHI MU WOMEN. WE WANT OUR WOMEN TO BE AS PREPARED FOR PERSONAL AND PROFESSIONAL EXPERIENCES AS POSSIBLE. DURING THE YEAR, THE FOUNDATION GRANTED MONEY TO THE FRATERNITY TO FUND THE FIRST-EVER PARTNERSHIP BETWEEN AN INDIVIDUAL GREEK ORGANIZATION AND THE NORTH-AMERICAN INTERFRATERNITY CONFERENCE (NIC). THE UNDERGRADUATE INTERFRATERNITY INSTITUTE (UIFI) WAS DEVELOPED OVER 20 YEARS AGO BY NIC, OUR PARTNERSHIP WITH NIC RESULTED IN PHI MU UIFI. PHI MU UIFI IS A 5-DAY VALUES BASED LEADERSHIP PROGRAM THAT PROVIDES OPPORTUNITIES TO EXPLORE, DEFINE, AND ENHANCE LEADERSHIP SKILLS, PERSONAL AWARENESS, AND COMMITMENT TO PHI MU. CURRENT AND EMERGING LEADERS FROM EVERY PHI MU CHAPTER CREATE ACTION ORIENTED PLANS FOR THEIR INDIVIDUAL LEADERSHIP POSITIONS DURING UIFI. AS THE FRATERNITY EXPANDED THE TRAINING AVAILABLE TO OUR COLLEGIATE MEMBERS, IT WAS IMPORTANT TO ENSURE OUR ALUMNAE LEADERS WERE ALSO PREPARED TO ASSIST CHAPTERS WITH THE IMPLEMENTATION OF THE NEW IDEAS AND SKILLS BORN FROM UIFI. THE FOUNDATION ASSISTED IN FUNDING TWO MAJOR TRAINING SESSIONS FOCUSED ON ALUMNAE. THE FIRST TRAINING WAS FOR REGIONAL AND AREA OFFICERS AND WAS HELD AT NATIONAL HEADQUARTERS. DURING THE REGIONAL OFFICERS' RETREAT, OFFICERS WERE TRAINED IN THE PROPER HANDLING OF RISK MANAGEMENT SITUATIONS AND GIVEN THE TOOLS TO DEVELOP THEIR OWN LEADERSHIP ABILITIES. THE SECOND TRAINING WAS FOR CHAPTER ADVISERS AND HOUSE-CORPORATION LEADERS. THE ADVISERS/HOUSE CORP FORUM GAVE THE ALUMNAE, WHO WORK WITH OUR COLLEGIATE WOMEN ON A DAILY BASIS, THE TRAINING NEEDED TO PROPERLY HANDLE RISK MANAGEMENT SITUATIONS. ATTENDEES WERE ABLE TO EXPERIENCE A GROUNDBREAKING PRESENTATION ON BYSTANDER BEHAVIOR, CONFRONTATION SKILLS, AND INTERVENTION THROUGH THE RESPONSEABILITY PROGRAM. THIS YEAR, THE FOUNDATION FUNDED THE EDUCATIONAL PORTION OF THE LEADERSHIP CONSULTANTS' SALARIES. LEADERSHIP CONSULTANTS ARE HIRED BY PHI MU FRATERNITY TO TRAVEL FROM CHAPTER TO CHAPTER TO TEACH MEMBERS LIFE SKILLS, INCLUDING COMMUNICATION AND CONFLICT RESOLUTION AS WELL AS PROVIDE LEADERSHIP TRAINING. ANNUALLY, THE LEADERSHIP CONSULTANTS EFFECTIVELY TRAIN SEVERAL THOUSAND OF OUR MEMBERS. BY FUNDING ESSENTIAL EDUCATIONAL PROGRAMS FOR MEMBERS AT BOTH THE COLLEGIATE AND ALUMNAE LEVELS ON LEADERSHIP, RISK MANAGEMENT, CORE VALUES AND COMMITMENT TO PHI MU, PHI MU FOUNDATION CONTINUES TO STRENGTHEN THE SORORITY EXPERIENCE BY INCREASING COMPETENCE AND LEADERSHIP ABILITIES FOR ALL PHI MU MEMBERS.
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IRS990/ReportInvestOthSecurities0true
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0771912
IRS990/RevenuesLessExpensesPriorYear052743
IRS990/SalariesEtcCurrentYear0173632
IRS990/SalariesEtcPriorYear0167343
IRS990/SavingsAndTempCashInvestments/BOY0145459
IRS990/SavingsAndTempCashInvestments/EOY01125711
IRS990ScheduleA/AmountsSubstContributorsTotal01523909
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear01777188
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0635670
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years0737655
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years01436113
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years01495642
IRS990ScheduleA/GiftsGrantsContribReceived170/Total06082268
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear01347
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year0722
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years0220
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years024581
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years01116
IRS990ScheduleA/GrossInvestmentIncome170/Total027986
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.74600
IRS990ScheduleA/PublicSupportPertcentPriorYear00.70990
IRS990ScheduleA/PublicSupportTotal17004558359
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear01777188
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0635670
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0737655
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years01436113
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years01495642
IRS990ScheduleA/Total170/Total06082268
IRS990ScheduleA/TotalSupport06110254
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/AgentTrusteeEtc0false
IRS990ScheduleD/AreRelatedOrgsListedScheduleR0false
IRS990ScheduleD/CollectUsedForPreservation0X
IRS990ScheduleD/CollectUsedForPublicExhibition0X
IRS990ScheduleD/CurrentYear/BeginningOfYearBalance03276512
IRS990ScheduleD/CurrentYear/Contributions01177255
IRS990ScheduleD/CurrentYear/EndOfYearBalance04077282
IRS990ScheduleD/CurrentYear/InvestmentEarningsOrLosses088672
IRS990ScheduleD/CurrentYearMinus1Year/BeginningOfYearBalance03249916
IRS990ScheduleD/CurrentYearMinus1Year/Contributions065227
IRS990ScheduleD/CurrentYearMinus1Year/EndOfYearBalance03276512
IRS990ScheduleD/CurrentYearMinus1Year/InvestmentEarningsOrLosses050019
IRS990ScheduleD/CurrentYearMinus1Year/OtherExpenditures088650
IRS990ScheduleD/CurrentYearMinus2Years/BeginningOfYearBalance03442639
IRS990ScheduleD/CurrentYearMinus2Years/Contributions0179662
IRS990ScheduleD/CurrentYearMinus2Years/EndOfYearBalance03249916
IRS990ScheduleD/CurrentYearMinus2Years/InvestmentEarningsOrLosses0-274534
IRS990ScheduleD/CurrentYearMinus2Years/OtherExpenditures097851
IRS990ScheduleD/CurrentYear/OtherExpenditures0465157
IRS990ScheduleD/DisclosedForCharitablePurposes0false
IRS990ScheduleD/DisclosedOrgsLegalControl0false
IRS990ScheduleD/EndowmentsHeldByRelatedOrgs0false
IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs0false
IRS990ScheduleD/Equipment/BookValue081962
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis081962
IRS990ScheduleD/ExcessOrDeficitForYear0771912
IRS990ScheduleD/ExcessOrDeficitPerFS0996233
IRS990ScheduleD/ExpensesSubtotal0967234
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE FOUNDATION HAS MANY HISTORICAL TREASURES THAT ARE HELD FOR EXHIBITION FOR THE PUBLIC. THESE TREASURES INCLUDE PHI MU JEWELRY, BADGES, AND MEMORABILIA. IT IS THE FOUNDATION'S POLICY TO PROTECT AND PRESERVE THESE ARTIFACTS FOR FUTURE GENERATIONS. THE FOUNDATION HAS ELECTED NOT TO CAPITALIZE THESE COLLECTIONS BECAUSE OF THEIR PRICELESS NATURE.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1CHAPTER SPECIFIC FUNDS: FUNDS DESIGNATED BY THE DONOR FOR A SPECIFIC PHI MU CHAPTER FOR EDUCATIONAL, LEADERSHIP, CITIZENSHIP AND PHILANTHROPIC GRANTS. GRANTS MAY BE AWARDED FOR LEADERSHIP EVENTS SPONSORED BY PHI MU, THE UNIVERSITY, OR INTERFRATERNITY GROUPS. GRANTS MAY ALSO BE AWARDED, IF DONOR DESIGNATED, TO FUND ACADEMIC ENDEAVORS. EMERGENCY FUNDS: DESIGNATED FUNDS FOR THE FINANCIAL RELIEF OF PHI MU CHAPTER'S OR MEMBERS FACING FINANCIAL EMERGENCIES DUE TO PERSONAL OR NATURAL DISASTERS. TWO EMERGENCY FUNDS CURRENTLY EXIST, THE BETTY WILKINSON FUND PROVIDES SCHOLARSHIPS TO MEMBERS CURRENTLY ENROLLED IN COLLEGE WHO ARE IN NEED OF FINANCIAL ASSISTANCE FOR TUITION AND FEES. THE LEONA HUGHES HEART AND HAND FUND, PROVIDES FINANCIAL RELIEF TO MEMBERS FACING EMERGENCIES. GRANTS FROM THIS FUND CAN BE USED FOR A VARIETY OF EXPENSES RELATED TO PERSONAL AND NATURAL DISASTERS. A COMMITTEE APPOINTED BY THE BOARD OF TRUSTEES WILL REVIEW REQUESTS AND MAKE RECOMMENDATIONS TO THE BOARD FOR DISBURSEMENT. HISTORICAL PRESERVATION FUND: DESIGNATED TO PROVIDE FUNDING TO PRESERVE AND DISPLAY ITEMS OF HISTORICAL SIGNIFICANCE TO PHI MU, INCLUDING THE PURCHASE OF HISTORICAL ITEMS AS APPROVED BY THE BOARD OF TRUSTEES. THE FUND MAY BE USED TO MAINTAIN AND IMPROVE HISTORICAL ITEMS IN THE PHI MU LIBRARY AND MUSEUM AT THE NATIONAL HEADQUARTERS IN PEACHTREE CITY, GEORGIA OR THE PHILOMATHEON ROOM OF THE CANNONBALL HOUSE IN MACON, GEORGIA. GRANT FUNDS: ESTABLISHED FOR THE ASSISTANCE OF EDUCATIONAL AND LEADERSHIP PROGRAMMING AND SCHOLARSHIPS TO STRENGTHEN PHI MU ACROSS THE COUNTRY. ESTABLISHED TO PROVIDE FINANCIAL ASSISTANCE TO FULFILL OUR MISSION STATEMENT. GRANTS ALLOW PHI MU FRATERNITY TO PROVIDE THE PROGRAMMING NECESSARY TO PROMOTE NECESSARY SKILLS TO OUR MEMBERS AND PRESERVE OUR HISTORY. INTERNSHIP/AWARD FUNDS: THESE FUNDS PAY A STIPEND TO MEMBERS WHO ARE SELECTED TO SERVE AS INTERNS FOR CHILDREN MIRACLE NETWORK HOSPIATLS AND PROJECT HOPE. OUR AWARD FUNDS ENCOURAGE YOUNG WOMEN IN PHI MU TO EXCEL IN THE TRAINING OF MEMBERS FOR PHI MU MEMBERSHIP AND TO PROVIDE SCHOLARSHIPS FOR AN INDIVIDUAL COLLEGIAN WHO HAS CONTRIBUTED THE MOST IN SOCIAL SERVICE. LIBRARY FUNDS: DESIGNATED TO ASSIST CHAPTERS' EDUCATIONAL AND PROGRAMMING NEEDS. SCHOLARSHIPS: DESIGNATED TO ASSIST OUR MEMBERS IN FULFILLING THEIR ACADEMIC JOURNEY. UNDERGRADUATE AND GRADUATE SCHOLARSHIPS ARE AVAILABLE.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2INCOME TAXES - THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE U.S. INTERNAL REVENUE CODE. THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION. DURING 2011, ALL ACTIVITIES OF THE FOUNDATION QUALIFY AS EXEMPT ACTIVITIES AND DO NOT GIVE RISE TO UNRELATED BUSINESS INCOME. THE FOUNDATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE FOUNDATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. MANAGEMENT BELIEVES THERE ARE NO MATERIAL ESTIMATES THAT SHOULD BE ACCRUED AS OF JUNE 30, 2011. THE COMPANY IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE YEARS ENDING JUNE 30, 2008 THROUGH JUNE 30, 2011.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation3EQUITY IN LOSS OF INVESTMENT IN PHI MU REAL ESTATE HOLDING -104,227 CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 18,668 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 16,226 DIRECT FUNDRAISING EXPENSES RECLASSIFICATION 39,389 DIRECT FUNDRAISING EXPENSES RECLASSIFICATION 0
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation4EQUITY IN LOSS OF INVESTMENT IN PHI MU REAL ESTATE HOLDING -104,227 CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 18,668 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 16,226
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation5DIRECT FUNDRAISING EXPENSES RECLASSIFICATION -39,389
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation6DIRECT FUNDRAISING EXPENSES RECLASSIFICATION 0
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0COLLECTIONS AND RELATION TO EXEMPT PURPOSE
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1INTENDED USES FOR ENDOWMENT FUNDS
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2LIABILITY UNDER FIN 48 FOOTNOTE
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier3RECONCILIATION OF CHANGES - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier4REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier5REVENUE AMOUNTS INCLUDED ON RETURN - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier6EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0SCHEDULE D, PAGE 2, PART III, LINE 4
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference1SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference2SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference3SCHEDULE D, PAGE 4, PART XI, LINE 8
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference4SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference5SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference6SCHEDULE D, PAGE 4, PART XIII, LINE 2D
IRS990ScheduleD/IncludedOnFS0false
IRS990ScheduleD/NetUnrealizedGainsInvestments0254265
IRS990ScheduleD/NetUnrealizedGLOnInvestments0254265
IRS990ScheduleD/OtherAmount0-29944
IRS990ScheduleD/OtherLandBuildings/BookValue0-71268
IRS990ScheduleD/OtherLandBuildings/Depreciation071268
IRS990ScheduleD/OtherRevenues0-69333
IRS990ScheduleD/OtherRevenuesNotIncluded0-39389
IRS990ScheduleD/OtherSecurities/BookValue02412175
IRS990ScheduleD/OtherSecurities/BookValue1168860
IRS990ScheduleD/OtherSecurities/Description0INVESTMENT IN PHI MU RE HC, INC.
IRS990ScheduleD/OtherSecurities/Description1CASH VALUE OF LIFE INSURANCE
IRS990ScheduleD/OtherSecurities/MethodOfValuation0F
IRS990ScheduleD/OtherSecurities/MethodOfValuation1F
IRS990ScheduleD/PermanentEndowmentEOYBalance01.00000
IRS990ScheduleD/RevenueNotRptdF9900184932
IRS990ScheduleD/RevenueNotRptdOnFinStmt0-39389
IRS990ScheduleD/RevenueSubtotal01778535
IRS990ScheduleD/Sect170hRequirementsSatisfied0false
IRS990ScheduleD/SolicitedAssetsForSale0false
IRS990ScheduleD/TotalAdjustments0224321
IRS990ScheduleD/TotalExpenses0967234
IRS990ScheduleD/TotalExpensesPerForm9900967234
IRS990ScheduleD/TotalOfBookValueLandBuildings010694
IRS990ScheduleD/TotalOfBookValueSecurities02581035
IRS990ScheduleD/TotalRevenue01739146
IRS990ScheduleD/TotalRevenuePerForm99001739146
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0967234
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01963467
IRS990ScheduleD/WrittenPolicyMonitoring0false
IRS990ScheduleG/EventsInformation/CharitableContribOtherEvents0267281
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent10196819
IRS990ScheduleG/EventsInformation/CharitableContributionsEvent2069916
IRS990ScheduleG/EventsInformation/CharitableContributionsTotal0534016
IRS990ScheduleG/EventsInformation/DirectExpenseSummaryEvents039389
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent10196819
IRS990ScheduleG/EventsInformation/GrossReceiptsEvent2069916
IRS990ScheduleG/EventsInformation/GrossReceiptsOtherEvents0267281
IRS990ScheduleG/EventsInformation/GrossReceiptsTotal0534016
IRS990ScheduleG/EventsInformation/NameOfEvent10ANNUAL GIVING P
IRS990ScheduleG/EventsInformation/NameOfEvent20FALL DIRECT MAI
IRS990ScheduleG/EventsInformation/NetIncomeSummary0-39389
IRS990ScheduleG/EventsInformation/OtherDirectExpensesEvent2020911
IRS990ScheduleG/EventsInformation/OtherDirectExpensesOtherEvents018478
IRS990ScheduleG/EventsInformation/OtherDirectExpensesTotalEvents039389
IRS990ScheduleG/EventsInformation/TotalNumberOfOtherEvents011
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant077000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.2$0.03$14.2$2.96$2.08$0.88
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$0.12$12.8$1.63$1.54$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.02$11.7$1.81$1.98$0.18
2022Detailed filing. Detailed filing data is available for this year.$11.1$0.06$11.0$1.62$1.77$0.15
2021Detailed filing. Detailed filing data is available for this year.$12.9$0.01$12.9$3.27$1.38$1.89
2020Detailed filing. Detailed filing data is available for this year.$11.4$0.18$11.2$1.93$1.41$0.52
2019Detailed filing. Detailed filing data is available for this year.$10.6$0.03$10.6$2.07$1.88$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$0.07$10.6$1.95$1.69$0.26
2017Summary only. Only limited summary data is available for this year.$10.9$0.03$10.8$1.93$1.82$0.11
2016Detailed filing. Detailed filing data is available for this year.$10.9$0.09$10.8$1.27$1.50$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.04$11.4$1.20$1.55$0.35
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$0.07$11.9$1.14$1.31$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.00$11.4$1.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$0.00$10.8$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.00$10.5$0.97
2010Summary only. Only limited summary data is available for this year.$9.39$0.00$9.39$0.95$0.90$0.05