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Phi Theta Kappa Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205469890 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Phi Theta Kappa Foundation?

The Phi Theta Kappa Foundation is a dedicated nonprofit organization based in Jackson, Mississippi. Its primary mission is to raise and manage financial resources to uphold and advance the goals, vision, and priorities of Phi Theta Kappa Honor Society. The foundation's purpose is to provide voluntary support in the form of time, talent, and financial contributions, aiming to strengthen the values and priorities of the honor society. This support may encompass various initiatives and programs that promote the society's mission.


Official website here: www.ptkfoundation.org/

What are the reviews and ratings of this charity?

Charity Navigator rating: 97% (Four-Star out of Four Star rating)

The Phi Theta Kappa Foundation has been awarded a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 97%, the foundation demonstrates high standards in governance, transparency, and financial health. Key highlights include a fully independent board, robust financial oversight, and effective management of resources, which all contribute to the foundation's overall reliability as a charitable organization.

User reviews emphasize the transformative impact of the Phi Theta Kappa Foundation on both individual members and the community. Many alumni express gratitude for the support and scholarships provided, which significantly aid in higher education and college completion. Reviewers note that the foundation fosters a sense of accomplishment and pride among its members, showcasing the organization's commitment to empowering students from diverse backgrounds.

While the organization enjoys a strong reputation and positive feedback, ongoing community engagement and outreach could further enhance its influence. Nevertheless, data and testimonials suggest that Phi Theta Kappa Foundation is making a meaningful contribution to the educational journeys of many community college students.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Phi Theta Kappa Foundation legitimate?

Phi Theta Kappa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Theta Kappa Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $346,597

For more financial information, click here


Official website here: www.ptkfoundation.org/

What is the mission statement of Phi Theta Kappa Foundation?

The Phi Theta Kappa Foundation's mission is centered around securing the necessary financial resources to align with the values, vision, and priorities of the Phi Theta Kappa Honor Society. This mission involves overseeing and managing voluntary private contributions of time, talent, and financial support, with the aim of advancing and strengthening the mission, vision, and priorities of the Phi Theta Kappa Honor Society. In essence, the foundation serves as a crucial financial backbone, enabling the honor society to fulfill its objectives and make a significant impact.


Official website here: www.ptkfoundation.org/

Who is the CEO of Phi Theta Kappa Foundation?

Dr Monica Marlowe is the Executive Director of Phi Theta Kappa Foundation.


Official website here: www.ptkfoundation.org/

What is the revenue of Phi Theta Kappa Foundation?

Phi Theta Kappa Foundation's revenue in 2022 was $2,585,211.


Official website here: www.ptkfoundation.org/

Who are the executives of Phi Theta Kappa Foundation and what are their salaries?

There 7 volunteers at Phi Theta Kappa Foundation.


Here are 10 key members and their salaries:


Dr Willis Lott (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr George Boggs (International Honorary Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Oberndorf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Hale Hopkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jason Scales (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael Chipps (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lynn Tincher-Ladner (Secretary)
  • Compensation: $0
  • Related: $332,374
  • Other: $25,378
Monica Marlowe (Executive Director)
  • Compensation: $0
  • Related: $172,520
  • Other: $19,956
Paige B Chandler (Cfo)
  • Compensation: $0
  • Related: $152,384
  • Other: $18,356


Official website here: www.ptkfoundation.org/

Where can I find the form 990 for Phi Theta Kappa Foundation?

Phi Theta Kappa Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ptkfoundation.org/

Learn more at the official website: www.ptkfoundation.org/

Mission Statement of Phi Theta Kappa Foundation

Phi Theta Kappa Foundation, a non-profit organization, is committed to securing the necessary financial resources to uphold the values, vision, and priorities of the Phi Theta Kappa Honor Society. This mission serves to support and advance the objectives of the honor society, ensuring its continued growth and success. In essence, the foundation's role is to foster the voluntary private contributions of time, talent, and funds, thereby strengthening the Phi Theta Kappa Honor Society's mission and influence.

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Impact




October, 2024

Phi Theta Kappa Foundation significantly enhances the educational experiences of community college students by securing financial resources that support the mission and values of the Phi Theta Kappa Honor Society. By raising funds through private support, the Foundation ensures that the society can continue to promote academic excellence, leadership development, and community service among its members.

The Foundation’s efforts directly translate into various initiatives, including scholarships, leadership programs, and recognition opportunities that empower students to achieve their academic and professional goals. This support ultimately contributes to the advancement of higher education and fosters a culture of excellence within community colleges. Through its work, the Phi Theta Kappa Foundation not only invests in individual students but also strengthens the overall educational landscape, preparing future leaders who are committed to making a positive impact in their communities.




This information is meant to be a general summary of Phi Theta Kappa Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,585,211 (2022)
Expenses
$2,444,077 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $467,814
  • Gross Receipts: $3,966,957

Assets and Liabilities:

  • Total Assets: $12,254,762
  • Total Liabilities: $206,148
  • Net Assets: $12,048,614

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Organization Details

Founding Year

2006

Principal Officer

Dr Monica Marlowe

Main Address

1625 EASTOVER DRIVE, JACKSON, MS, 39211

NTEE Category

Code: B11 - Education

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