Nonprofit · EIN 62-6042543
PHI MU FOUNDATION
Tax-exempt · PEACHTREE CTY, GA 30269
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,955,225 | $2,077,637 | $877,588 | $14,249,840 | $34,826 | $14,215,014 |
| June 30, 2024 | 990 | $1,626,038 | $1,541,790 | $84,248 | $12,881,713 | $123,095 | $12,758,618 |
| June 30, 2023 | 990 | $1,807,623 | $1,984,503 | -$176,880 | $11,755,713 | $17,160 | $11,738,553 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,540,787
- Program service revenue
- $0
- Investment income
- $414,438
- Net gain from sales of assets
- $48,886
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $772,086
- Compensation of officers, directors and key employees
- $134,807
- Other salaries and wages
- $414,860
- Salaries, compensation and benefits (total)
- $662,494
- Professional fundraising fees
- $0
- Travel
- $92,516
- Depreciation
- $3,011
- Program services (functional)
- $1,195,195
- Management and general (functional)
- $384,786
- Fundraising (functional)
- $497,656
Balance sheet and other
- Total assets, start of year
- $12,881,713
- Total assets, end of year
- $14,249,840
- Total liabilities, end of year
- $34,826
- Net assets, end of year
- $14,215,014
- Land, buildings and equipment
- $2,017
- Publicly traded securities
- $10,742,285
- Net assets without donor restrictions
- $4,661,084
- Net assets with donor restrictions
- $9,553,930
- Gross receipts
- $5,246,221
- Employees
- 8
- Volunteers
- 55
- Year formed
- 1957
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTIN TOFANELLI | EXECUTIVE DI Trustee or director, Officer | 40 | $134,807 |
| ROBIN MAYS BENOIT | SECRETARY Trustee or director | 1 | $0 |
| ERIN WISE CLEMENTS | TRUSTEE Trustee or director | 1 | $0 |
| SHANNON GIBBS | TRUSTEE Trustee or director | 1 | $0 |
| CINDY GOLDMAN | TRUSTEE Trustee or director | 1 | $0 |
| DOROTHY HUGHES | TRUSTEE Trustee or director | 1 | $0 |
| JANEEN JUDAH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JENNIFER RHATIGAN | TRUSTEE Trustee or director, Officer | 1 | $0 |
| SHABY TABIBI ROSALES | TRUSTEE Trustee or director | 1 | $0 |
| VICKI RYAN | TREASURER Trustee or director, Officer | 1 | $0 |
| LYNN STORLIEN-MCGRAW | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHANNON BYRNES WEAVER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTIN TOFANELLI | EXECUTIVE DI Trustee or director, Officer | 40 | $136,987 |
| MANDI YOUNG | DIRECTOR OF Highest-paid employee | 40 | $120,205 |
| ROBIN MAYS BENOIT | SECRETARY Trustee or director | 1 | $0 |
| ERIN WISE CLEMENTS | TRUSTEE Trustee or director | 1 | $0 |
| SHANNON GIBBS | TRUSTEE Trustee or director | 1 | $0 |
| CINDY GOLDMAN | TRUSTEE Trustee or director | 1 | $0 |
| DOROTHY HUGHES | TRUSTEE Trustee or director | 1 | $0 |
| JANEEN JUDAH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JENNIFER RHATIGAN | TRUSTEE Trustee or director, Officer | 1 | $0 |
| SHABY TABIBI ROSALES | TRUSTEE Trustee or director | 1 | $0 |
| VICKI RYAN | TREASURER Trustee or director, Officer | 1 | $0 |
| LYNN STORLIEN-MCGRAW | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHANNON BYRNES WEAVER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTIN TOFANELLI | EXECUTIVE DI Trustee or director, Officer | 40 | $116,575 |
| MANDI YOUNG | DIRECTOR OF Highest-paid employee | 40 | $108,856 |
| ROBIN BENOIT | TRUSTEE Trustee or director | 1 | $0 |
| CYNTHIA BLAND | TRUSTEE Trustee or director | 1 | $0 |
| ERIN CLEMENTS | TRUSTEE Trustee or director | 1 | $0 |
| ROBIN FANNING | TRUSTEE Trustee or director | 1 | $0 |
| PAMELA GAINES | TRUSTEE Trustee or director | 1 | $0 |
| DOROTHY HUGHES | TRUSTEE Trustee or director | 1 | $0 |
| JENNIFER JOYNER | TRUSTEE Trustee or director | 1 | $0 |
| JANEEN JUDAH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JENNIFER RHATIGAN | TRUSTEE Trustee or director, Officer | 1 | $0 |
| VICKI RYAN | TRUSTEE Trustee or director, Officer | 1 | $0 |
| LYNN STORLIEN-MCGRAW | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SHANNON WEAVER | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 400 WESTPARK DR, PEACHTREE CTY, GA 30269-1482
- Principal officer (990 for 2024)
- KRISTIN TOFANELLI, 400 WESTPARK DRIVE, PEACHTREE CITY, GA 30269
- Signed the 990
- KRISTIN TOFANELLI, EXECUTIVE DIRECTOR
- Phone
- (770) 632-2090
- Website
- WWW.PHIMUFOUNDATION.ORG
- Return prepared by
- DOEREN MAYHEW
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.
Program accomplishments
- 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.Expenses $1,195,195 · grants $772,086 · revenue $2,906,339
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-6042543
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1959
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $14,249,840
- Income (IRS master file)
- $5,246,221
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,955,225 | $2,077,637 | $14,249,840 | XML |
| 990 | June 2024 | $1,626,038 | $1,541,790 | $12,881,713 | XML |
| 990 | June 2023 | $1,807,623 | $1,984,503 | $11,755,713 | XML |
| 990 | June 2022 | $1,619,138 | $1,773,949 | $11,103,093 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-6042543).
Questions about PHI MU FOUNDATION
- What is the EIN of PHI MU FOUNDATION?
- The employer identification number (EIN) of PHI MU FOUNDATION is 62-6042543.
- Is PHI MU FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to PHI MU FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHI MU FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PHI MU FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHI MU FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PHI MU FOUNDATION?
- The 990 for the year ended June 30, 2025 names KRISTIN TOFANELLI.
- Who are the officers and directors of PHI MU FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $134,807 (KRISTIN TOFANELLI, EXECUTIVE DI).
- How much revenue does PHI MU FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,955,225, expenses of $2,077,637 and total assets of $14,249,840 at year end.
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