Alpha Phi Foundation, Inc.
Advancing women's lives through the power of philanthropy
Alpha Phi Foundation, Inc.
EIN: 36-3895478
as of September 2023
as of September 18, 2023
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Leadership
Alpha Phi Foundation supports Alpha Phis as they develop, grow, and empower others in leadership with cutting-edge training and programs. Through annual fundraising, grants to the fraternity and endowed funds from individuals, the Foundation advances the lives of women to the benefit of communities around the world.
Women's Heart Health
Through the generosity of alumnae and donors, Alpha Phi Foundation funds research and educational programs that support the advancement of women’s heart health.
The annual Heart to Heart Grant awards $100,000 to medical professionals to better understand heart disease in women—specifically its symptoms, treatment, and prevention. Since its inception in 1993, the grant has funded over 30 cutting-edge projects focused in the improvement of women’s cardiovascular care.
Forget Me Not Grants
Alpha Phis are sisters for life, supporting one another through every life stage and helping each other in times of need. Alpha Phi Foundation exemplifies this life-long support through the Forget Me Not Grant Fund.
The Forget Me Not Grant is designed to provide temporary, short-term, financial assistance for an event or unforeseeable circumstance.
Scholarships
Through the generosity of donors, Alpha Phi Foundation awards merit and need-based scholarships to graduate and undergraduate Alpha Phis each academic year.
Heritage
Alpha Phi Foundation is dedicated to collecting, preserving, and sharing the history of our organization—a history rich in leadership, both within our fraternity and in the community as a whole.
Where we work
External reviews

Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
14.60
Months of cash in 2022 info
5.8
Fringe rate in 2022 info
24%
Funding sources info
Assets & liabilities info
Financial data
Alpha Phi Foundation, Inc.
Balance sheetFiscal Year: Jul 01 - Jun 30
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jul 01 - Jun 30
This snapshot of Alpha Phi Foundation, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $1,501,391 | $1,840,587 | -$26,552 | $5,155,822 | -$5,440,835 |
As % of expenses | 47.9% | 63.6% | -0.7% | 176.9% | -116.2% |
Unrestricted surplus (deficit) after depreciation | $1,446,313 | $1,796,725 | -$67,733 | $5,114,344 | -$5,478,549 |
As % of expenses | 45.3% | 61.1% | -1.8% | 173.1% | -116.1% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $5,509,873 | $3,757,678 | $3,583,274 | $4,608,658 | $5,758,361 |
Total revenue, % change over prior year | -3.0% | -31.8% | -4.6% | 28.6% | 24.9% |
Program services revenue | 0.4% | 0.6% | 0.6% | 0.4% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 3.5% | 5.9% | 6.3% | 4.8% | 3.3% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 84.1% | 97.3% | 90.9% | 66.5% | 80.7% |
Other revenue | 12.0% | -3.8% | 2.2% | 28.2% | 16.0% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $3,136,987 | $2,894,456 | $3,789,228 | $2,913,858 | $4,681,590 |
Total expenses, % change over prior year | -3.5% | -7.7% | 30.9% | -23.1% | 60.7% |
Personnel | 24.4% | 28.3% | 25.5% | 32.5% | 22.9% |
Professional fees | 3.6% | 4.8% | 4.9% | 4.3% | 2.0% |
Occupancy | 1.8% | 1.8% | 1.2% | 1.4% | 1.4% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 35.5% | 34.8% | 46.2% | 38.2% | 45.6% |
All other expenses | 34.7% | 30.3% | 22.2% | 23.7% | 28.1% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $3,192,065 | $2,938,318 | $3,830,409 | $2,955,336 | $4,719,304 |
One month of savings | $261,416 | $241,205 | $315,769 | $242,822 | $390,133 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $3,453,481 | $3,179,523 | $4,146,178 | $3,198,158 | $5,109,437 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Months of cash | 6.0 | 5.4 | 7.3 | 5.1 | 5.8 |
Months of cash and investments | 71.1 | 84.8 | 69.2 | 111.4 | 60.9 |
Months of estimated liquid unrestricted net assets | 43.4 | 54.6 | 41.6 | 75.4 | 33.0 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Cash | $1,560,415 | $1,291,937 | $2,289,947 | $1,240,296 | $2,250,865 |
Investments | $17,029,473 | $19,155,030 | $19,562,581 | $25,818,238 | $21,526,593 |
Receivables | $1,400,361 | $1,532,714 | $1,535,785 | $2,039,459 | $1,909,809 |
Gross land, buildings, equipment (LBE) | $1,551,478 | $1,563,279 | $1,564,196 | $1,565,726 | $1,460,801 |
Accumulated depreciation (as a % of LBE) | 63.6% | 65.9% | 68.6% | 71.1% | 71.3% |
Liabilities (as a % of assets) | 5.8% | 3.2% | 5.9% | 3.5% | 6.2% |
Unrestricted net assets | $11,911,557 | $13,708,282 | $13,640,549 | $18,754,893 | $13,276,344 |
Temporarily restricted net assets | $157,239 | $176,494 | N/A | N/A | N/A |
Permanently restricted net assets | $7,694,209 | $8,319,051 | N/A | N/A | N/A |
Total restricted net assets | $7,851,448 | $8,495,545 | $9,287,598 | $10,333,347 | $11,734,902 |
Total net assets | $19,763,005 | $22,203,827 | $22,928,147 | $29,088,240 | $25,011,246 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Amy Peebles
Number of employees
Source: IRS Form 990
Alpha Phi Foundation, Inc.
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Alpha Phi Foundation, Inc.
Board of directorsas of 07/21/2023
Board of directors data
Rebecca Zanatta
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
No data
Race & ethnicity
No data
Gender identity
Sexual orientation
No data
Disability
No data
Professional fundraisers
Fiscal year endingSOURCE: IRS Form 990 Schedule G