Overview
What is Pi Lambda Phi Educational Foundation Inc?
Pi Lambda Phi Educational Foundation Inc is a nonprofit organization situated in Brighton, Colorado. Its primary mission is to collect donations from alumni and supporters of Pi Lambda Phi (PILAM) to fund scholarships and educational initiatives for undergraduate members. During the fiscal year ending in June 2022, the foundation granted scholarships to 26 deserving students. The foundation's role is to raise funds and responsibly manage donations, contributing to the academic growth of its members.
Is Pi Lambda Phi Educational Foundation Inc legitimate?
Pi Lambda Phi Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pi Lambda Phi Educational Foundation Inc 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: $35,400
Other Salaries and Wages: $0
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What is the mission statement of Pi Lambda Phi Educational Foundation Inc?
The Pi Lambda Phi Educational Foundation Inc's mission is centered around fundraising and managing donations. Their primary goal is to utilize these contributions, primarily from alumni and supporters of Pi Lambda Phi (PILAM), to award scholarships and support various educational initiatives for undergraduate members. By doing so, the foundation aims to assist and empower these students in their academic pursuits. During the fiscal year ending June 30, 2022, the foundation awarded scholarships to 26 deserving students.
What is the revenue of Pi Lambda Phi Educational Foundation Inc?
Pi Lambda Phi Educational Foundation Inc's revenue in 2024 was $176,577.
Who are the executives of Pi Lambda Phi Educational Foundation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Pi Lambda Phi Educational Foundation Inc?
Pi Lambda Phi Educational Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Pi Lambda Phi Educational Foundation Inc
Pi Lambda Phi Educational Foundation Inc is committed to raising funds and managing donations with the primary objective of awarding scholarships and supporting other educational initiatives for its undergraduate members. The mission of this organization revolves around leveraging contributions from alumni and friends of Pi Lambda Phi to financially assist its current members. This includes providing grants to individuals and eligible organizations. During the fiscal year ending on June 30, 2022, Pi Lambda Phi Educational Foundation Inc awarded scholarships to 26 deserving students, demonstrating its dedication to supporting the academic pursuits of its undergraduate members.
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Impact
October, 2024
Pi Lambda Phi Educational Foundation Inc significantly enhances educational opportunities for undergraduate members by providing scholarships and funding various educational initiatives. Through the generous donations of alumni and supporters, the foundation awarded 26 scholarships to deserving students during the year ended June 30, 2022. These awards not only alleviate financial burdens but also empower recipients to pursue their academic goals and achieve their aspirations. Additionally, the foundation's commitment to fundraising and stewardship directly benefits educational initiatives, fostering a supportive community focused on the academic success and development of its members.
This information is meant to be a general summary of Pi Lambda Phi Educational Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $23,178
- Gross Receipts: $333,754
Assets and Liabilities:
- Total Assets: $660,178
- Total Liabilities: $35,277
- Net Assets: $624,901
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Organization Details
Founding Year
1991
Principal Officer
James B Morris Jr
NTEE Category
Code: B82Z - Education
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