Overview
What is Pi Beta Phi Foundation?
The Pi Beta Phi Foundation, based in Town Country, Missouri, has been dedicated to philanthropy since its inception. It was the first Greek-lettered organization to establish a national philanthropic project, focusing on literacy in 1912. Today, the foundation continues to prioritize literacy, spearheading initiatives like Champion Readers, Fraternity Day of Service, Arrow in the Arctic, and FDS500. These efforts assisted tens of thousands of children with literacy needs in the recent fiscal year. The foundation's mission extends beyond grants, offering direct literacy programming grants via Local Impact Grants and financial assistance through the Emma Harper Turner Fund for members facing financial hardships. The Pi Beta Phi Foundation supports the fraternity's vision and future, improving the lives of its members and the communities they reside in across the United States and Canada by funding leadership programs, educational scholarships, and select philanthropic projects.
Official website here: www.pibetaphi.org/foundation
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 94% (Four-Star out of Four Stars)**tar)**
The Pi Beta Phi Foundation has achieved an impressive Four-Star rating on Charity Navigator, reflecting its commitment to accountability and financial health. With a notable score of 94% in the Accountability & Finance category, the foundation demonstrates robust governance practices, including a fully independent board and a strong oversight committee, which suggest a high level of transparency and integrity in its operations.
Strengths of the Pi Beta Phi Foundation include its efficient fundraising practices, evidenced by a low fundraising efficiency ratio, and its solid working capital ratio, which indicates financial stability. The organization has no material diversions of assets and maintains comprehensive policies such as conflict of interest and whistleblower protections, further reinforcing its ethical framework. However, it’s important to note that the foundation has not yet been scored on criteria like Impact & Measurement, Culture & Community, or Leadership & Adaptability, which may warrant further exploration.
Unfortunately, user reviews from GreatNonprofits are currently unavailable, so there is no additional community feedback to assess public perception directly. Overall, the foundation appears to be a sound investment for donors seeking charitable organizations with strong fiscal health and ethical governance.
This AI summary has been generated from information found on Charity Navigator.
Is Pi Beta Phi Foundation legitimate?
Pi Beta Phi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pi Beta Phi 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: $176,564
Professional Fundraising Fees: $64,372
Other Salaries and Wages: $525,098
For more financial information, click here
Official website here: www.pibetaphi.org/foundation
What is the mission statement of Pi Beta Phi Foundation?
The Pi Beta Phi Foundation's mission is to empower the Pi Beta Phi fraternity and its members, as well as the communities they reside in across the United States and Canada. This is achieved through funding for leadership programs, educational scholarships, and select philanthropic support. The primary goal is to enhance the fraternity and its members, ultimately improving their lives and the communities they serve.
Official website here: www.pibetaphi.org/foundation
Who is the CEO of Pi Beta Phi Foundation?
Hallee Winnie is the Executive Director of Pi Beta Phi Foundation.
Official website here: www.pibetaphi.org/foundation
What is the revenue of Pi Beta Phi Foundation?
Pi Beta Phi Foundation's revenue in 2022 was $8,107,090.
Official website here: www.pibetaphi.org/foundation
Who are the executives of Pi Beta Phi Foundation and what are their salaries?
The average compensation at Pi Beta Phi Foundation during 2022 was $87,708. There are 8 employees and 74 volunteers at Pi Beta Phi Foundation.
Here are 12 key members and their salaries:
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Official website here: www.pibetaphi.org/foundation
Where can I find the form 990 for Pi Beta Phi Foundation?
Pi Beta Phi Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pibetaphi.org/foundation
Learn more at the official website: www.pibetaphi.org/foundation
Mission Statement of Pi Beta Phi Foundation
Pi Beta Phi Foundation, a charitable organization, plays a crucial role in supporting its namesake fraternity and its members. Its mission is to ensure the future of the sisterhood and enhance their influence, both internally and in the communities they live in across the United States and Canada. This is achieved through various means, including funding for leadership programs, educational scholarships, and select philanthropic initiatives. By investing in these areas, the foundation aims to improve the fraternity, empower its members, and contribute positively to the communities they engage with. This multifaceted approach enables Pi Beta Phi Foundation to realize the fraternity's vision and secure a prosperous future for its sisterhood.
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Impact
July, 2024
Pi Beta Phi Foundation enables the fraternity to realize its vision and ensure the future of our sisterhood. Through funding for leadership programs, educational scholarships, and select philanthropic support, the foundation improves the fraternity, its members, and the communities in which they live across the United States and Canada. Pi Beta Phi has a long-standing focus on philanthropy, being the first Greek-lettered organization to establish its own national philanthropic project with the founding of the Pi Beta Phi Settlement School in Appalachia in 1912. Today, Pi Phi's focus remains centered on advancing literacy through initiatives such as Champions are Readers, Arrow in the Arctic, and other literacy programs. The foundation's impact is also seen through providing assistance to members facing severe financial stress through the Emma Harper Turner Fund program. By reaching over one million lives through their Read>Lead>Achieve campaign, Pi Beta Phi Foundation is making a significant impact in the education and literacy space.
This information is meant to be a general summary of Pi Beta Phi 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,175,995
- Gross Receipts: $11,721,925
Assets and Liabilities:
- Total Assets: $33,179,449
- Total Liabilities: $568,870
- Net Assets: $32,610,579
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Organization Details
Founding Year
1990
Phone
(636) 256-0680Principal Officer
Hallee Winnie
Main Address
1154 TOWN COUNTRY COMMONS DRIVE, TOWN COUNTRY, MO, 63017
Website
www.pibetaphi.org/foundationNTEE Category
Code: B83 - Education
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