Gamma Phi Beta Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
MISSION: TO SUPPORT THE SUSTAINABILITY OF GAMMA PHI BETA'S EDUCATIONAL AND PHILANTHROPIC LEGACY. VISION: TO INSPIRE AND INVEST IN A CULTURE OF PHILANTHROPY FOR THE BENEFIT OF OUR SISTERHOOD.
- Income
- $4.2 million
- Spending
- $3.0 million
- Spent on programs
- 72%
- Reserves
- 1.7 months of spending
- Largest source of income
- donations and private grants, 64%
- Employees
- 0
- Volunteers
- 90
- Highest pay
- $276,201, chief executive officer
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100.
Reserves
10 of 35Spendable reserves would cover 1.7 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Income trend
15 of 15Income rose 23% on the year before.
Spending floor
15 of 1572% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $743,148 spent. 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 PHILANTHROPIC FOCUS AND MISSION TO PROVIDE EXPERIENCES AND RESOURCES THAT BUILD SPIRITUAL, MENTAL, AND SOCIAL RESILIENCY IN GIRLS.
- $757,735 spent. 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 CRISIS, NATURAL DISASTER, OR OTHER UNEXPECTED LIFE CIRCUMSTANCES.
- $652,063 spent. EDUCATIONAL AND 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.
Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending July 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.