2023-11-14T08:01:02-06:00 2022-12-31 260005391 VANCE FLOUHOUSE & GARGES PLLC 7725 BALLANTYNE COMMONS PKY STE103 CHARLOTTE NC 28277 990 2022-01-01 460975567 PI KAPPA PHI FOUNDATION PIKA 7045040888 2015 AYRSLEY TOWN BLVD 200 CHARLOTTE NC 28273 JAKE HENDERSON CHIEF EXECUTIVE OFFICER 7045040888 2023-11-08 1 JAKE HENDERSON 999009999 0 AMANDA R MELTON P01694924 7043697200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAKE HENDERSON 2015 ARYSLEY TOWN BLVD STE 200 CHARLOTTE NC 28273 1264396 0 X WWW.PIKAPP.ORG/FOUNDATIONHOME X 2012 NC TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE PI KAPPA PHI FRATERNITY IN ORDER TO ASSIST ITS STUDENT MEMBERS IN ACHIEVING SUPERIOR RESULTS IN PERSONAL DEVELOPMENT, ACADEMICS, SERVICE AND LEADERSHIP. 21 21 4 0 0 0 1596911 1007703 16596 2845 492028 227154 0 0 2105535 1237702 986303 535762 0 0 117019 35550 0 0 374544 827155 773150 1930477 1344462 175058 -106760 14162556 11975723 36759 120709 14125797 11855014 TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE PI KAPPA PHI FRATERNITY IN ORDER TO ASSIST ITS STUDENT MEMBERS IN ACHIEVING SUPERIOR RESULTS IN PERSONAL DEVELOPMENT, ACADEMICS, SERVICE AND LEADERSHIP. 0 0 408385 341468 THE FOUNDATION SUPPORTS THE EDUCATIONAL PROGRAMS OF PI KAPPA PHI FRATERNITY THROUGH GRANTS. 194294 194294 THE FOUNDATION AWARDS SCHOLARSHIPS ANNUALLY TO HELP STUDENT MEMBERS ACHIEVE ACADEMIC GOALS, DEVELOP LEADERSHIP SKILLS AND PROMOTE SERVICE TO THE COMMUNITY. 602679 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 8 0 4 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X JAKE HENDERSON 7045040888 2015 ARYSLEY TOWN BLVD STE 200 CHARLOTTE NC 28273 ANDERS HALL MEMBER 0.00 X 0 0 0 CHUCK BARNARD MEMBER 0.00 X 0 0 0 COREY DILLON MEMBER 0.00 X 0 0 0 DAVE SHOOK SECRETARY 0.00 X 0 0 0 DAVID LERNER MEMBER 0.00 X 0 0 0 DUDLEY WOODY MEMBER 0.00 X 0 0 0 ERNEST JOHNSON CHAIRMAN 0.00 X 0 0 0 GUNNAR SCHALIN MEMBER 0.00 X 0 0 0 JACK MCDONALD MEMBER 0.00 X 0 0 0 JAMES HOUSE MEMBER 0.00 X 0 0 0 JAMES SMITH MEMBER 0.00 X 0 0 0 JOE BRADY MEMBER 0.00 X 0 0 0 MARK JACOBS MEMBER 0.00 X 0 0 0 MICHAEL SWEENEY TREASURER 0.00 X 0 0 0 RICK BERK VICE-CHAIRMAN 0.00 X 0 0 0 STEVE DEPALMA MEMBER 0.00 X 0 0 0 STUART HICKS MEMBER 0.00 X 0 0 0 TRACY MADDUX MEMBER 0.00 X 0 0 0 WALTER PICKENS MEMBER 0.00 X 0 0 0 WARREN DEBARDELABEN MEMBER 0.00 X 0 0 0 WES BREEDEN MEMBER 0.00 X 0 0 0 MARK EDWARD TIMMES CEO EMERITUS 1.00 40.00 X 194552 0 17047 JAKE HENDERSON CEO 40.00 X 168029 0 4555 362581 0 21602 2 0 1 0 0 1007703 1007703 LOAN INTEREST 525990 2845 2845 2845 253848 253848 26606 88 -26606 -88 -26694 -26694 1237702 227154 0 2845 341468 341468 194294 194294 28786 19772 9014 913 913 3641 1655 1986 2210 1518 692 61698 61698 237 237 52519 52519 104059 43059 61000 18910 14930 3980 2090 2090 7814 7814 OTHER EXPENSES - FUNDRA 180975 180975 NU PHI 91918 91918 MANGEMENT/BANK/CREDIT C 75164 54429 20735 PRINTING AND PUBLICATIO 71910 12 71898 105856 100818 5038 1344462 602679 367239 374544 320491 330366 344061 359931 4511 4511 124342 99804 15554 18988 377448 305389 2863 72059 13235060 10973073 115674 116991 14162556 11975723 36759 53791 0 66918 36759 120709 X 4643226 3344516 9482571 8510498 14125797 11855014 14162556 11975723 X -106760 -2164021 -2 X 0 1 X 1 0 X 769162 588735 964972 1381951 1007520 4712340 769162 588735 964972 1381951 1007520 4712340 4712340 238705 251899 204274 229286 253848 1178012 5287 16596 21883 5912235 12219 0.79700 0.79430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4038079 21948 -624852 117370 19369 30838 3267598 3683631 20000 509832 109006 32171 34207 4038079 3377866 461350 112446 17151 25988 3683631 2955526 6411 576675 129294 3223 28229 3377866 3345885 4000 -222093 139019 4214 29033 2955526 0 0 66918 66918 142907 142907 0 167623 162482 5141 72059 LEASE LIABILITY 66918 66918 X -926321 -2164021 -2164021 1237700 2 2 1237702 1344462 0 1344462 0 1344462 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE ORGANIZATION IS NOT A PRIVATE FOUNDATION PURSUANT TO INTERNAL REVENUE CODE SECTION 509(A)(1). THE ORGANIZATION DOES NOT BELIEVE THAT THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY ASSET OR LIABILITY FOR UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS. THE TAX RETURNS OF THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE. NET WITH CONTRIBUTION REVENUE ON 990 SCHEDULE D - PART V - LINE 4 ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE USED TO PROVIDE ASSISTANCE IN THE EDUCATION AND LEADERSHIP PROGRAMS OF THE FRATERNITY. SCHOLARSHIPS AND GRANTS WERE GIVEN TO STUDENTS BASED ON OUTSTANDING ACHIEVEMENT BOTH IN ACADEMICS AND STUDENT LEADERSHIP, INCLUDING SERVICE IN THE COMMUNITY. 1 ALPHA EPLISON LIBRARY GRANT 2015 AYRSLEY TOWN BLVD STE 200 CHARLOTTE NC 28273 822292354 501 (C)(3) 7761 0 EDUCATIONAL SERVICES PI KAPPA PHI FRATERNITY 2015 AYRSLEY TOWN BLVD STE 200 CHARLOTTE NC 28273 570340150 501 (C)(7) 160000 0 EDUCATIONAL SERVICES THE ABILITY EXPERIENCE 2015 AYRSLEY TOWN BLVD STE 200 CHARLOTTE NC 28273 581588777 501 (C)(3) 133000 0 CHARITABLE DONATION DELTA OMEGA LIBRARY GRANT 6124 RAYMOND STOTZER PKWY COLLEGE STATION TX 77845 854240552 501 (C)(3) 16957 0 CHARITABLE DONATION LAMBDA HOUSING ASSOCIATES 930 MILLEDGE AVE ATHENS GA 30605 581758758 501 (C)(3) 23750 0 CHARITABLE DONATION SCHOLARSHIPS 194294 SCHEDULE I - PART 1 - LINE 2 MONITORING THE USE OF GRANT FUNDS BOARD MEMBERS ROUTINELY ATTEND FRATERNITY EDUCATIONAL PROGRAMS AND EVENTS THAT ARE PARTIALLY FUNDED BY THE GRANT AND SCHOLARSHIP FUNDS. THIS AFFORDS THE OPPORTUNITY TO EXPERIENCE FIRST HAND THE EDUCATIONAL PROGRAMMING BEING PROVIDED WITH FOUNDATION FUNDS. IN ADDITION, ONE OF THE FOUNDATION TRUSTEES SERVES AS A LIAISON FROM THE FRATERNITY. X X X 0 0 0 0 0 0 0 0 0 MARK EDWARD TIMMES CEO EMERITUS 194552 0 0 0 0 0 0 0 17047 0 211599 0 0 0 JAKE HENDERSON CEO 168029 0 0 0 0 0 0 0 4555 0 172584 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING FORM 990, THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER OF PI KAPPA PHI FOUNDATION CONDUCT A DETAILED REVIEW OF THE RETURN. A REVIEW LIST OF ANY QUESTIONS AND COMMENTS IS PREPARED AND DISCUSSED WITH THE PREPARER. UPON SATISFACTION OF ANY FOLLOW-UP ITEMS, AN ELECTRONIC COPY OF THE FINAL RETURN IS FORWARDED TO EACH TRUSTEE FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C PI KAPPA PHI FOUNDATION REQUIRES EACH TRUSTEE TO REVEAL POSSIBLE CONFLICTS OF INTEREST IN AN ANNUAL DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 NOT AVAILABLE. FORM 990, PART XI, LINE 9: PRIOR YEAR NET ASSETS ADJUSTMENT ROUNDING -2. PI KAPPA PHI FRATERNITY 2015 AYRSLEY TOWN BLVD STE 200 CHARLOTTE NC 28273 570340150 FRATERNITY SC 501(C)(7) N/A 0 THE ABILITY EXPERIENCE 2015 AYRSLEY TOWN BLVD STE 200 CHARLOTTE NC 28273 581588777 CHARITABLE ORGANIZATION NC 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 PI KAPPA PHI FRATERNITY B 160000 THE ABILITY EXPERIENCE B 148571 PI KAPPA PHI FRATERNITY N 138798 PI KAPPA PHI FRATERNITY O 117717