We are sisters helping sisters financially sustain and advance the mission of Gamma Phi Beta. Through successful fundraising and stewardship, we support Gamma Phi Beta and her members who have scholarship, leadership, philanthropic and emergency needs.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.8M a year · 43% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Plus $17.3M in investments, Pt X · Ln 11–13
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
17
named funders · $313K
Looks good: 17 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$170K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.4M
+134% vs prior year
Spent
$2.5M
To programs
71%
Net assets
$18.7M
By yearFY2020–FY2025
Revenue
$7.4M
FY2023▲ +134%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.5M
FY2021$3.1M
FY2022$3.2M
FY2023$7.4M
FY2024$3.4M
FY2025$4.2M
Expenses
$2.5M
FY2023▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.7M
FY2021$1.4M
FY2022$2.0M
FY2023$2.5M
FY2024$3.0M
FY2025$3.0M
Net assets
$18.7M
FY2023▲ +38%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.3M
FY2021$14.9M
FY2022$13.6M
FY2023$18.7M
FY2024$19.9M
FY2025$21.8M

From the FY2023 Form 990 (year ending July 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $1.8M Management & general 20% · $498K Fundraising 9% · $228K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
International President
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Gamma Phi Beta Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fundraising and stewardship support sisters' scholarship, leadership, philanthropy, and emergency needs.

Questions for Gamma Phi Beta Foundation

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Provided by the organization

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3 programs · $1.8M · in their own filed words · FY2022
01

Philanthropy

The gamma phi beta foundation supports the fundraising efforts of the sorority's collegiate and alumnae chapters, which give to the sorority's philanthropic focus, building strong girls. The foundation grants fund donations to the sorority's national nonprofit partner and local nonprofit organizations that align with the sorority's…

$1.0Mprogram expense
02

Leadership development-the gamma phi beta foundation is building tomorrow's leaders by making grants for educational and leadership training to build self-esteem, confidence, and life skills in women. The foundation also makes grants to collegiate chapters and house corporations to support the educational portion of chapter housing.

$473Kprogram expense
03

Financial Aid

Based on scholastic achievement, financial need, and commitment to the community and the sorority, the gamma phi beta foundation provides scholarships to young women for undergraduate study, fellowships for graduate study, and loyalty grants for women who are experiencing unforeseen, extreme financial challenges created by a health…

$297Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 17 funders →
Grants paid · 42 grants · $7.3M · 2019–2024
Girls on the Run InternationalNC · FY2024$648,950
Unitemized GrantFY2024$451,945
Gamma Phi Beta Sorority INCCO · FY2024$315,391
Unitemized GrantFY2024$73,144
Girls on the Run InternationalNC · FY2023$742,858
Unitemized GrantFY2023$251,310
Gamma Phi Beta Sorority INCCO · FY2023$186,676
Unitemized GrantFY2023$32,535
Beta Psi Affiliated House CorporationFY2023$21,400
Gamma Phi Beta Sorority INCWA · FY2023$10,700
Girls on the Run InternationalNC · FY2022$799,085
Unitemized GrantFY2022$133,375
Beta Psi Affiliated House CorporationFY2022$45,100
Camp Del CorazonCA · FY2022$37,861
Unitemized GrantFY2022$16,700
Stillwater Early Head StartOK · FY2022$7,120
Girls on the Run InternationalNC · FY2021$773,205
See all 42 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$7.4M
Ln 12
Gifts and grantsLn 1h$6.6M
Investment incomeLn 3$542K
Other incomeLn 4–11$222K
Money outPt IX
$2.5M
Ln 25
Programscol B$1.8M
Managementcol C$498K
Fundraisingcol D$228K
Owns and owesPt X
$18.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$18.8M
LiabilitiesLn 26$170K
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.6M
Investment incomeLn 3$542K
Other incomeLn 4–11$222K
Gains on assetsLn 7$179K
Total revenueLn 12$7.4M
Assets in detailPt X, end of year
CashLn 1$449K
SavingsLn 2$577K
Cash and savings togetherLn 1–2$1.0M
InvestmentsLn 11–13$17.3M
Other assetsLn 15$11K
Total assetsLn 16$18.8M
LiabilitiesLn 26$170K
Net assetsLn 32$18.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 690
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.9M$1.0M
InvestmentsLn 11–13$12.5M$17.3M
Total assetsLn 16$14.7M$18.8M
LiabilitiesLn 26$1.2M$170K
Net assetsLn 32$13.6M$18.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.1M$1.1M
Grants to domestic individualsLn 2$150K$150K
Other salaries and wagesLn 7$537K$216K$188K$133K
Pension plan contributionsLn 8$12K$5K$4K$3K
Other employee benefitsLn 9$62K$25K$22K$15K
Payroll taxesLn 10$42K$17K$15K$10K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$24K$24K
Investment management feesLn 11f$43K$43K
Other fees for servicesLn 11g$179K$61K$77K$40K
Advertising and promotionLn 12$2K$192$2K
Office expensesLn 13$8K$621$5K$2K
Information technologyLn 14$23K$13K$5K$4K
TravelLn 17$31K$16K$15K
Depreciation, depletion and amortizationLn 22$376$376
InsuranceLn 23$26K$26K
Other expenses (24a–d)Ln 24$253K$204K$49K$236
All other expensesLn 24e$16K$13K$3K
Total functional expensesLn 25$2.5M$1.8M$498K$228K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.2M$3.0M$1.2M$21.8M 990 PDF
FY2024 $3.4M$3.0M$397K$19.9M 990 PDF
FY2023 Viewing $7.4M$2.5M$4.8M$18.7M 990 PDF
FY2022 $3.2M$2.0M$1.1M$13.6M 990 PDF
FY2021 $3.1M$1.4M$1.7M$14.9M 990 PDF
FY2020 $4.5M$2.7M$1.8M$12.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $7,380,237 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,276,551$6,617,024
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $838,490$541,614
I-11 Other revenuePrior year $39,532$221,599
I-12 Total revenuePrior year $3,154,573$7,380,237
I-13 Grants and similar amounts paidPrior year $1,146,966$1,278,479
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $536,653$652,866
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $352,006$613,337
I-18 Total expensesPrior year $2,035,625$2,544,682
I-19 Revenue less expensesPrior year $1,118,948$4,835,555
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,380,237 across 7 lines filed
VIII-1d Related organizations$200,000
VIII-1f All other contributions, gifts and grants$6,417,024
VIII-1h Total contributions, gifts and grants$6,617,024
VIII-3 Investment incomeExcluded from tax $363,064$363,064
VIII-7 Net gain or loss on sales of assetsExcluded from tax $178,550$178,550
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $221,599$221,599
VIII-12 Total revenueRelated to mission $221,599 · Unrelated business $0 · Excluded from tax $541,614$7,380,237
Part IX · Statement of functional expenses $2,544,682 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $1,128,404$1,128,404
IX-2 Grants to domestic individualsPrograms $150,075$150,075
IX-7 Other salaries and wagesPrograms $215,851 · Management $188,266 · Fundraising $132,845$536,962
IX-8 Pension plan contributionsPrograms $5,009 · Management $4,369 · Fundraising $3,083$12,461
IX-9 Other employee benefitsPrograms $24,772 · Management $21,606 · Fundraising $15,246$61,624
IX-10 Payroll taxesPrograms $16,811 · Management $14,662 · Fundraising $10,346$41,819
IX-11b Legal feesManagement $9,048$9,048
IX-11c Accounting feesManagement $24,406$24,406
IX-11f Investment management feesManagement $43,322$43,322
IX-11g Other fees for servicesPrograms $60,962 · Management $77,294 · Fundraising $40,410$178,666
IX-12 Advertising and promotionPrograms $192 · Fundraising $1,625$1,817
IX-13 Office expensesPrograms $621 · Management $5,181 · Fundraising $2,147$7,949
IX-14 Information technologyPrograms $12,837 · Management $5,445 · Fundraising $4,279$22,561
IX-17 TravelManagement $16,275 · Fundraising $14,795$31,070
IX-22 Depreciation, depletion and amortizationManagement $376$376
IX-23 InsuranceManagement $25,913$25,913
IX-24 Other expenses (24a–d)Programs $203,570 · Management $48,846 · Fundraising $236$252,652
IX-24e All other expensesManagement $12,648 · Fundraising $2,909$15,557
IX-25 Total functional expensesPrograms $1,819,104 · Management $497,657 · Fundraising $227,921$2,544,682
Part X · Balance sheet $18,833,306 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $504,170$448,995
X-2 Savings and temporary cash investmentsStart of year $1,380,411$577,468
X-3 Pledges and grants receivableStart of year $311,627$426,372
X-4 Accounts receivableStart of year $5,357$25,201
X-9 Prepaid expenses and deferred chargesStart of year $8,201$59,144
X-11 Publicly traded securitiesStart of year $12,517,038$17,285,610
X-15 Other assetsStart of year $10,516$10,516
X-16 Total assetsStart of year $14,737,696$18,833,306
X-17 Accounts payable and accrued expensesStart of year $1,044,768$31,927
X-25 Other liabilitiesStart of year $130,516$137,761
X-26 Total liabilitiesStart of year $1,175,284$169,688
X-27 Net assets without donor restrictionsStart of year $829,138$619,745
X-28 Net assets with donor restrictionsStart of year $12,733,274$18,043,873
X-32 Total net assets or fund balancesStart of year $13,562,412$18,663,618
X-33 Total liabilities and net assetsStart of year $14,737,696$18,833,306
Part XI · Reconciliation of net assets $18,663,618 net assets at year end
XI-1 Total revenue$7,380,237
XI-2 Total expenses$2,544,682
XI-3 Revenue less expenses$4,835,555
XI-4 Net assets at start of year$13,562,412
XI-5 Net unrealized gains (losses) on investments$293,346
XI-9 Other changes in net assets−$27,695
XI-10 Net assets at end of year$18,663,618

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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