Alpha Phi Foundation Inc
- Assets
- $25.1m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Denver, CO
- Founding
- 12/1993
- Data as of
- 06/2023
- EIN
- 36-3895478
Organization Overview
Alpha Phi Foundation Inc is located in Denver, CO. The organization was established in 1993. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 06/2023, Alpha Phi Foundation Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Phi Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Alpha Phi Foundation Inc generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $6.0m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alpha Phi Foundation Inc has awarded 132 individual grants totaling $10,326,865. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING WOMEN'S LIVES THROUGH POWER OF PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP - THE FOUNDATION SUPPORTS INNOVATIVE LEADERSHIP AND EDUCATIONAL PROGRAMMING THAT HELPS WOMEN GROW WITHIN THEIR CHAPTER, ON CAMPUS, AND IN THE WORKPLACE. THE PROGRAMS INCLUDE THE FOLLOWING: LIVE COURAGEOUSLY SERIES (EMPOWERS MEMBERS TO BE PROACTIVE IN A DIFFICULT SITUATION, TO ACT, AND TO CARE FOR ONE ANOTHER), STAND TOGETHER (TEACHES MEMBERS HOW TO MAKE ALPHA PHI A MORE WELCOMING, SAFE, AND INCLUSIVE ENVIRONMENT), LEAGUE OF COACHES (PROVIDES AN OPPORTUNITY FOR A DIVERSE GROUP OF ALUMNAE AND INDUSTRY LEADERS TO SHARE THEIR KNOWLEDGE AND EXPERTISE), LEGACY OF LEADERS(INCLUDES INNOVATIVE OPPORTUNITIES TO TEACH, INSPIRE, AND EDUCATE MEMBERS ABOUT HOW TO INFLUENCE CHANGE THROUGH EMPOWERING LEADERSHIP IN THEIR COMMUNITIES. THE FOUNDATION PROVIDES GRANTS FOR LEADERSHIP PROGRAMING AT THE CHAPTER LEVEL, AND GENEROUS HEARTS (REFLECTS THE LONG-STANDING COMMITMENT TO GIVING BACK AND PROVIDES NEW OPPORTUNITIES FOR COMMUNITY INVOLVEMENT AND EDUCATION).IN ADDITION, THE FOUNDATION SUPPORTS PROGRAMS THAT PROVIDE CONTINUED LEADERSHIP DEVELOPMENT OPPORTUNITIES AT THE CHAPTER LEVEL.
FORGET-ME-NOT THESE ASSISTANCE GRANTS ARE PAID TO ALPHA PHI FRATERNITY COLLEGIANS AND ALUMNAE IN GOOD STANDING WHO ARE FACING SEVERE FINANCIAL DISTRESS, SERIOUS HEALTH ISSUES, CONSEQUENCES OF NATURAL DISASTERS, AND URGENT FAMILY CRISES. THE GRANT IS DESIGNED TO PROVIDE TEMPORARY, SHORT-TERM, FINANCIAL ASSISTANCE FOR AN UNFORESEEN EVENT. MEMBERS MAY APPLY ON THEIR OWN OR ON BEHALF OF A SISTER IN NEED.APPLICATIONS ARE APPROVED BY THE EXECUTIVE DIRECTOR. MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS, FOUNDATION STAFF, AND FAMILY MEMBERS OF BOTH ARE INELIGIBLE. HERITAGE AND EDUCATIONAL HOUSING GRANTS PROVIDE GRANTS FOR SPACE RELATED TO EDUCATIONAL PURPOSES IN COLLEGIATE CHAPTER FACILITIES. PROVIDE GRANTS FOR ORGANIZATIONAL HISTORY PROJECTS AND SPACES.
SCHOLARSHIPS - THE FOUNDATION AWARDS 73 MERIT AND NEED BASED EDUCATIONAL SCHOLARSHIPS TO COLLEGIATE AND ALUMNAE STUDENTS BASED ON ACADEMIC ACHIEVEMENT, ORGANIZATIONAL AND COMMUNITY ACTIVITIES, REFERENCES, AND PERSONAL ESSAYS. THEY MAY BE USED TOWARDS ACADEMIC ACTIVITIES INCLUDING TUITION, COURSE-RELATED FEES, AND BOOKS AND SUPPLIES REQUIRED FOR COURSE ENROLLMENT. SCHOLARSHIPS MAY BE USED TOWARDS FULL-TIME OR PART-TIME ENROLLMENT, A STATUS DEFINED IN ACCORDANCE WITH THE FULL-TIME AND PART-TIMEPOLICIES OF THE UNIVERSITY/COLLEGE.
COMMUNITY CONTRIBUTIONS - THE FOUNDATION PROVIDES GRANTS TO 501(C)3 ORGANIZATIONS WITH A SHARED FOCUS IN HEART HEALTH. THEY ARE MADE ON BEHALF OF ALPHA PHI FRATERNITY'S LOCAL CHAPTERS. THESE COMMUNITY CONTRIBUTION GRANTS ARE REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR. THE HEART TO HEART GRANT IS AWARDED ANNUALLY TO HOSPITALS, EDUCATIONAL INSTITUTIONS, AND RESEARCH ORGANIZATIONS PERFORMING WORK IN THE AREA OF CARDIAC CARE AND RESEARCH. THESE GRANTS SUPPORT GROUNDBREAKING CARDIAC ADVANCEMENTS. IN THIS FISCAL YEAR, THE GRANT FUNDED RESEARCH AIMING TO BETTER UNDERSTAND HFPEF (HEART FAILURE WITH PRESERVED EJECTION FRACTION) TO OFFER NEW APPROACHES TO TREATMENT. IN ADDITION, THE FOUNDATION AWARDED 16 GRANTS TO 501(C)3 ORGANIZATIONS WITH A SHARED FOCUS IN HEART HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janis Coughlin-Piester Director | Trustee | 5 | $0 |
Janelle Del Carlo Director | Trustee | 5 | $0 |
Susan Mcneice Director | Trustee | 5 | $0 |
Shana Smith Director | Trustee | 5 | $0 |
Barbara Tingley Director | Trustee | 5 | $0 |
Kate Halfon Ex-Officio | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,008,943 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,008,943 |
| Total Program Service Revenue | $0 |
| Investment income | $419,433 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,622 |
| Net Gain/Loss on Asset Sales | -$528,223 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,926,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,217,036 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,038 |
| Compensation of current officers, directors, key employees. | $48,911 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $801,491 |
| Pension plan accruals and contributions | $18,317 |
| Other employee benefits | $127,060 |
| Payroll taxes | $69,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,064 |
| Fees for services: Accounting | $52,028 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,757 |
| Advertising and promotion | $43,979 |
| Office expenses | $580 |
| Information technology | $176,338 |
| Royalties | $0 |
| Occupancy | $26,668 |
| Travel | $101,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,017 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,251 |
| Insurance | $0 |
| All other expenses | $50,018 |
| Total functional expenses | $6,028,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,679,403 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $869,503 |
| Accounts receivable, net | $85,343 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $60,429 |
| Net Land, buildings, and equipment | $7,429 |
| Investments—publicly traded securities | $22,342,663 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,952 |
| Total assets | $25,092,722 |
| Accounts payable and accrued expenses | $468,961 |
| Grants payable | $6,760 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $475,721 |
| Net assets without donor restrictions | $12,108,433 |
| Net assets with donor restrictions | $12,508,568 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,092,722 |
Grants Awarded
Over the last fiscal year, Alpha Phi Foundation Inc has awarded $1,940,545 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ALTRU HEALTH FOUNDATION PURPOSE: HEART HEALTH | $6,714 |
ALPHA PHI INTERNATIONAL FRATERNITY INC PURPOSE: LEADERSHIP TRAINING | $1,466,970 |
AMERICAN HEART ASSOCIATION-UTAH PURPOSE: HEART HEALTH | $8,459 |
COLORADO SCHOOL OF MINES PURPOSE: SCHOLARSHIP | $7,050 |
BENTLEY UNIVERSITY GRADUATE SCHOOL OF BUSINESS PURPOSE: SCHOLARSHIP | $12,500 |
HEART MINISTRY CENTER PURPOSE: HEART HEALTH | $7,123 |