2025-12-10T11:31:51-05:00 2025-06-30 994260840 DOEREN MAYHEW 2905 PREMIERE PARKWAY SUITE 150 DULUTH GA 30097 990 2024-07-01 626042543 PHI MU FOUNDATION INC PHIM 7706322090 400 WESTPARK DRIVE PEACHTREE CITY GA 30269 KRISTIN TOFANELLI EXECUTIVE DIRECTOR 7706322090 2025-10-28 true false BRADLEY SIENKIEWICZ P01550321 7706222982 2025-11-10 2024 2025-03-06 01:10:19Z KRISTIN TOFANELLI 400 WESTPARK DRIVE PEACHTREE CITY GA 30269 5246221 false X WWW.PHIMUFOUNDATION.ORG X 1957 TN 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. 11 11 8 55 0 1534571 2540787 0 91467 414438 0 1626038 2955225 316480 772086 0 683203 662494 0 497656 542107 643057 1541790 2077637 84248 877588 12881713 14249840 123095 34826 12758618 14215014 X 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. false false 1195195 772086 2906339 ACADEMIC SCHOLARSHIPS/MEMBER ASSISTANCE/LEADERSHIP PROGRAMS: THE FOUNDATION AWARDS MORE THAN 100 GRADUATE AND UNDERGRADUATE SCHOLARSHIPS EACH ACADEMIC YEAR. MOST SCHOLARSHIPS ARE UNRESTRICTED, BUT SOME HAVE BEEN ESTABLISHED FOR A PARTICULAR CHAPTER, FIELD OF STUDY, STATE OF RESIDENCE OR COLLEGE. THERE ARE BOTH MERIT AND FINANCIAL NEED BASED SCHOLARSHIPS. IN ADDITION, THE FOUNDATION IS PROUD TO PROVIDE EMERGENCY GRANTS FOR COLLEGIATE AND ALUMNAE MEMBERS WHO EXPERIENCE FINANCIAL DISTRESS DUE TO NATURAL DISASTERS, MEDICAL EMERGENCIES, OR OTHER SEVERE PERSONAL OR FAMILY ISSUES. TO FURTHER SUPPORT THE MISSION OF EDUCATIONAL AND LEADERSHIP INITIATIVES, THE FOUNDATION AWARDS GRANTS TO PHI MU FRATERNITY FOR THE DEVELOPMENT OF PREMIER, VALUES-BASED PROGRAMMING SUCH AS GREEK LIFE EDU, PHI MU LEADERSHIP INSTITUTE, AND THE CHAPTER CONSULTANT PROGRAM. HISTORIC PRESERVATION: THE FOUNDATION MAINTAINS, PRESERVES, AND PROMOTES PHI MU'S HISTORY IN THE ARCHIVES AND MUSEUM LOCATED IN THE NATIONAL HEADQUARTERS IN PEACHTREE CITY, GEORGIA WHICH DISPLAYS SUCH ITEMS AS THE PRESIDENT'S CHAIR FROM THE PHILOMATHEAN HALL AT WESLEYAN COLLEGE, ORIGINAL BADGES, AND A TEXTILE COLLECTION OF PAST NATIONAL PRESIDENTS DRESSES. 1195195 true true false false false false false true false true true true false true true false true false false false false false false false true false false true true false false false false false false false false false false false false false false true false false false true 8 0 8 true false false false false false true true false false false false false false false false X 11 11 false false false false true true true true true false false true true true true true true true true false GA X VICKI RYAN 7706322090 400 WESTPARK DRIVE PEACHTREE CITY GA 30269 KRISTIN TOFANELLI EXECUTIVE DI 40.00 X X 134807 0 0 ROBIN MAYS BENOIT SECRETARY 1.00 X 0 0 0 ERIN WISE CLEMENTS TRUSTEE 1.00 X 0 0 0 SHANNON GIBBS TRUSTEE 1.00 X 0 0 0 CINDY GOLDMAN TRUSTEE 1.00 X 0 0 0 DOROTHY HUGHES TRUSTEE 1.00 X 0 0 0 JANEEN JUDAH PRESIDENT 1.00 X X 0 0 0 JENNIFER RHATIGAN TRUSTEE 1.00 X X 0 0 0 SHABY TABIBI ROSALES TRUSTEE 1.00 X 0 0 0 VICKI RYAN TREASURER 1.00 X X 0 0 0 LYNN STORLIEN-MCGRAW CHAIRMAN 1.00 X X 0 0 0 SHANNON BYRNES WEAVER TRUSTEE 1.00 X 0 0 0 134807 1 false false false 488900 2051887 2540787 365552 365552 2339882 2290996 48886 48886 48886 488900 2955225 48886 365552 571736 571736 200350 200350 134807 33702 53923 47182 414860 172662 92399 149799 72434 26257 17434 28743 40393 15519 10236 14638 98048 3800 70370 23878 55697 429 5718 49550 110621 19735 84338 6548 92516 36178 4319 52019 3011 3011 HEADQUARTER OPERATING EXP 172787 98489 25918 48380 SOLICITATION EXPENSE 37737 6778 2135 28824 BANK FEES 20349 1534 18815 CONTRIBUTOR RECOGNITION 17745 17745 34546 9560 13451 11535 2077637 1195195 384786 497656 481800 513270 701505 629334 39145 9690 1300 8103 44109 8103 36707 34690 3720 2017 9287122 10742285 1677916 1600601 636993 744540 12881713 14249840 35626 16826 60954 26515 18000 123095 34826 X 4187865 4661084 8570753 9553930 12758618 14215014 12881713 14249840 X 877588 622009 -43201 X false true X true false X 1466542 1480139 1833142 1534571 2540787 8855181 1466542 1480139 1833142 1534571 2540787 8855181 8855181 159919 285556 266854 264733 365552 1342614 4427 4427 10202222 0.86800 0.87490 X PART II, LINE 10 OTHER INCOME (2021) 4,427 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 5480804 192028 557387 141850 139525 5948844 5061121 73665 569535 62180 161337 5480804 4750978 165900 348399 140389 63767 5061121 5401995 321277 -742173 165031 65090 4750978 4418073 242973 936157 102685 92523 5401995 0.40000 0.60000 false false 36707 34690 2017 2017 1600601 F 1600601 ASSETS IN CHARITABLE REMAINDER TRUST 520780 CASH SURRENDER VALUE OF LIFE INS. 223760 744540 DUE TO RELATED PARTY 18000 18000 3534033 622009 -43201 578808 2955225 2955225 2077637 2077637 2077637 SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN CASH SURRENDER VALUE 8,360 CHANGE IN FAIR VALUE OF CHARITABLE TRUST 25,754 INVESTMENT LOSS IN HOLDING COMPANY -77,315 TRUE TO PHI MU 223258 223258 DAY OF GIVING 106069 106069 3 159573 159573 488900 488900 true PHI MU FRATERNITY INC 400 WESTPARK DRIVE PEACHTREE CITY GA 30269 124000 ALPHA ETA HOUSING CORPORATION 4090W LAKESHORE DR BATON ROUGE LA 70808 362129 1 SCHOLARSHIPS & GRANTS 146 200350 SCHEDULE I, PAGE 1, PART I, LINE 2 1. A COMMITTEE ON GRANTS SHALL BE APPOINTED BIENNIALLY BY THE BOARD OF TRUSTEES. 2. THE COMMITTEE SHALL: A. REVIEW GRANT PROPOSALS SUBMITTED BY THE FRATERNITY AND MEMBERS AND ASSIGN A PRIORITY TO EACH PROPOSAL. B. RECOMMEND TO THE BOARD OF TRUSTEES ACCEPTANCE OR REJECTION OF PROPOSALS AND AMOUNTS REQUESTED, BASED ON AVAILABLE FOUNDATION FUNDS. 3. PROCEDURES FOR FRATERNITY GRANT PROPOSALS: A. THE PURPOSE OF THE GRANT OR SCHOLARSHIP. B. SPECIFIC ACTIVITIES TO BE FUNDED BY THE GRANT WHICH WILL ACHIEVE THE STATED PURPOSE. C. TIME PERIOD OF THE GRANT. D. THE GRANT AMOUNT REQUESTED. E. DETAILED BUDGET FOR THE GRANT BY EXPENDITURE CATEGORY. F. THE FOUNDATION COMMITTEE ON GRANTS AND SCHOLARSHIPS WILL REVIEW SUBMITTED PROPOSALS, PRIORITIZE, AND RECOMMEND PROPOSALS TO THE FOUNDATION TRUSTEES FOR A VOTE. G. UPON ACCEPTANCE OF THE PROPOSAL BY THE BOARD OF TRUSTEES, THE FRATERNITY WILL SUBMIT A GRANT AGREEMENT TO THE FOUNDATION EXECUTIVE DIRECTOR. THE PHI MU FOUNDATION EXECUTIVE DIRECTOR AND FRATERNITY EXECUTIVE DIRECTOR WILL SIGN AND DATE THE PHI MU FOUNDATION - PHI MU FRATERNITY GRANT AGREEMENT FORM; THE ORIGINAL SIGNED AGREEMENT WILL BE RETAINED BY THE FOUNDATION BUSINESS OFFICE, WITH COPIES TO THE FRATERNITY EXECUTIVE DIRECTOR. H. THE DATE OF SIGNATURE BY THE FOUNDATION EXECUTIVE DIRECTOR MARKS THE BEGINNING OF THE ONE YEAR PERIOD FOR USE OF GRANT UNLESS OTHERWISE STATED IN THE GRANT AGREEMENT. I. FUNDS WILL BE DISBURSED UPON RECEIPT OF THE SIGNED GRANT OR SCHOLARSHIP AGREEMENT BY THE BUSINESS OFFICE. J. THE FRATERNITY WILL SUBMIT AN ANNUAL REPORT (AS STATED IN THE GRANT REQUEST) TO THE FOUNDATION ON USE OF FUNDS. K. THE FRATERNITY WILL PROVIDE A FINAL RECONCILATION AT THE END OF THE GRANT PERIOD AND RETURN ANY UNUSED PORTION OF GRANT WITH THE RECONCILIATION. L. THE FRATERNITY EXECUTIVE DIRECTOR SIGNS AN AGREEMENT STATING THE FUNDS WERE USED FOR THE PURPOSE SPECIFIED IN THE GRANT AGREEMENT. FORM 990, PAGE 2, PART III, LINE 4A ACADEMIC SCHOLARSHIPS/MEMBER ASSISTANCE/LEADERSHIP PROGRAMS: THE FOUNDATION AWARDS MORE THAN 100 GRADUATE AND UNDERGRADUATE SCHOLARSHIPS EACH ACADEMIC YEAR. MOST SCHOLARSHIPS ARE UNRESTRICTED, BUT SOME HAVE BEEN ESTABLISHED FOR A PARTICULAR CHAPTER, FIELD OF STUDY, STATE OF RESIDENCE OR COLLEGE. THERE ARE BOTH MERIT AND FINANCIAL NEED BASED SCHOLARSHIPS. IN ADDITION, THE FOUNDATION IS PROUD TO PROVIDE EMERGENCY GRANTS FOR COLLEGIATE AND ALUMNAE MEMBERS WHO EXPERIENCE FINANCIAL DISTRESS DUE TO NATURAL DISASTERS, MEDICAL EMERGENCIES, OR OTHER SEVERE PERSONAL OR FAMILY ISSUES. TO FURTHER SUPPORT THE MISSION OF EDUCATIONAL AND LEADERSHIP INITIATIVES, THE FOUNDATION AWARDS GRANTS TO PHI MU FRATERNITY FOR THE DEVELOPMENT OF PREMIER, VALUES-BASED PROGRAMMING SUCH AS GREEK LIFE EDU, PHI MU LEADERSHIP INSTITUTE, AND THE CHAPTER CONSULTANT PROGRAM. FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF PHI MU FOUNDATION ELECT THE BOARD OF TRUSTEES EVERY TWO YEARS AT THE BIENNIAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE PHI MU FOUNDATION ELECT THE BOARD OF TRUSTEES EVERY TWO YEARS AT THE BIENNIAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS CAN APPROVE CHANGES TO THE BYLAWS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND REVIEWED BY THE ORGANIZATIONS TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN FORWARDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND DIRECTORS SIGN A CONFLICT OF INTEREST STATEMENT. IF A POTENTI AL CONFLICT ARISES, THE EXECUTIVE DIRECTOR IS INSTRUCTED BY THE PRESIDENT TO INVESTIGATE AND REPORT THE FINDINGS TO THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A SALARY FOR THE EXECUTIVE DIRECTOR IS SET BY THE BOARD OF TRUSTEES. DURING THE ANNUAL REVIEW PROCESS ANY CHANGE IN SALARY IS APPROVED BY THE BOARD OF TRUSTEES DURING AN EXECUTIVE SESSION MEETING. THE SALARY IS BASED ON COMP ARABLE COMPENSATION DATA. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR SETS SALARIES FOR STAFF MEMBERS WITHIN BUDGETARY LIMITS SET BY THE BOARD OF TRUSTEES. SALARIES ARE BASED ON COMPARABLE COMPENSATION DATA. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEM ENTS ARE AVAILABLE UPON REQUEST AND GIVEN TO A MEMBER OF THE PHI MU FOUNDA TION. FORM 990, PART XI, LINE 9 GAIN IN INVESTMENT IN PHI MU REAL ESTATE HOLDING -77,315 CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE P 8,360 CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 25,754 TOTAL -43,201 PHI MU FRATERNITY INC 400 WESTPARK DR PEACHTREE CITY GA 30269 620533776 HOUSING GA 501C7 FRATERNITY false PHI MU REAL ESTATE HOLDING COMPANY 400 WESTPARK DR PEACHTREE CITY GA 30269 203111510 HOUSING GA 501C2 FRATERNITY false false true false false false false false false false false false false false false false true false false false PHI MU FRATERNITY B 124000 FMV PHI MU REAL ESTATE HOLDING COMPANY P 150695 FMV