2026-06-15T16:47:49-05:00 2025-07-31 420714325 RSM US LLP 9355 N WICKHAM ROAD SUITE 304 MELBOURNE FL 32940 990 2024-08-01 526063291 PHI BETA KAPPA FOUNDATION PHIB 2022653808 1606 NEW HAMPSHIRE AVE NW WASHINGTON DC 200092512 AMBER ELAINE COX ASSOC SECRETARY/COO 2022653808 2026-06-15 1 0 KELLI PECK P01423033 3217516200 2026-06-12 2024 2025-03-06 01:10:19Z FREDERICK M LAWRENCE 1606 NEW HAMPSHIRE AVE NW WASHINGTON DC 200092512 8480875 0 X HTTPS://WWW.PBK.ORG X 1924 NY ORGANIZED FOR THE CREATION OF FUNDS OR ENDOWMENTS FOR THE PROMOTION OF SOUND LEARNING THROUGH THE ESTABLISHMENT OF FELLOWSHIPS, AWARDS AND SIMILAR ITEMS 15 15 0 25 0 0 50000 28875 0 0 4317925 3424812 0 0 4367925 3453687 1948460 1655480 0 0 73156 122887 0 0 354674 482261 863507 2503877 2641874 1864048 811813 49322785 51253829 1601867 1521682 47720918 49732147 X ORGANIZED FOR THE CREATION OF FUNDS OR ENDOWMENTS FOR THE PROMOTION OF SOUND LEARNING THROUGH THE ESTABLISHMENT OF FELLOWSHIPS, AWARDS & SIMILAR ITEMS. 0 0 1839866 1655480 AWARDS AND FELLOWSHIPS: THE MARY ISABEL SIBLEY FELLOWSHIP IS AWARDED TO WOMEN SCHOLARS EVERY YEAR, ALTERNATING BETWEEN GREEK AND FRENCH. THE WALTER J. JENSEN FELLOWSHIP IS AWARDED FOR AT LEAST SIX MONTHS OF STUDY IN FRANCE. THE PURPOSE OF THE FELLOWSHIP IS TO HELP EDUCATORS AND RESEARCHERS IMPROVE EDUCATION IN STANDARD FRENCH LANGUAGE, LITERATURE, AND CULTURE. THE DR. MARTIN R. LEBOWITZ AND EVE LEWELLIS LEBOWITZ PRIZES FOR PHILOSOPHICAL ACHIEVEMENT AND CONTRIBUTION ARE AWARDED TO PROVIDE SIGNIFICANT, TANGIBLE RECOGNITION FOR EXCELLENCE IN PHILOSOPHICAL THOUGHT. THE LEBOWITZ SYMPOSIUM PROGRAM CONSISTS OF A PAIR OF ANNUAL LECTURES TO BE DELIVERED SEQUENTIALLY AT A DIVISION MEETING OF THE AMERICAN PHILOSOPHICAL ASSOCIATION SELECTED BY THE HONOREES, OR LACKING THEIR AGREEMENT, BY THE PHI BETA KAPPA SOCIETY. THE TOPIC OF THE LECTURES IS AN IMPORTANT PHILOSOPHICAL ISSUE OF CURRENT INTEREST, AND THE LECTURES SHALL ORDINARILY BE CHOSEN TO OFFER CONTRASTING (NOT NECESSARILY OPPOSING) VIEWS ON THAT TOPIC. 1839866 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X PHI BETA KAPPA SOCIETY 2022653808 1606 NEW HAMPSHIRE AVE NW WASHINGTON DC 200092512 RONALD CRUTCHER CHAIR 1.00 1.00 X X 0 0 0 ESTHER JONES VICE CHAIR 1.00 1.00 X X 0 0 0 JEANETTE GARRETTY TREASURER 1.00 1.00 X X 0 0 0 ELIZABETH MARSHALL ANDERSON TRUSTEE 1.00 1.00 X 0 0 0 BERNADINE BARNES TRUSTEE 1.00 1.00 X 0 0 0 SUSAN W CARLISLE TRUSTEE 1.00 1.00 X 0 0 0 S RAJ CHAUDHURY TRUSTEE 1.00 1.00 X 0 0 0 SEAN DECATUR TRUSTEE 1.00 1.00 X 0 0 0 DOLORES DURAN-CERDA TRUSTEE 1.00 1.00 X 0 0 0 AMY FERRER TRUSTEE 1.00 1.00 X 0 0 0 TARA FISCHER TRUSTEE 1.00 1.00 X 0 0 0 GABRIELLE FOREMAN TRUSTEE 1.00 1.00 X 0 0 0 JOHN HARKLESS TRUSTEE 1.00 1.00 X 0 0 0 VERA L JUNKERS TRUSTEE 1.00 1.00 X 0 0 0 PAMELA TROTMAN REID TRUSTEE 1.00 1.00 X 0 0 0 AMY MULNIX COO (THRU 4/1/25) 7.00 28.00 X 37540 150160 31553 FREDRICK LAWRENCE SECRETARY/CEO 4.00 31.00 X 64709 501499 59608 102249 651659 91161 0 0 1 0 COMMUNITY COUNSELLING SERVICES CO LLC 527 MADISON AVE 5TH FL NEW YORK NY 10022 CONSULTING 381298 1 28875 28875 728533 728533 7723467 5027188 2696279 2696279 2696279 3453687 0 0 3424812 X 1200000 1200000 455480 455480 115372 65608 38459 11305 3809 2185 1249 375 418 220 160 38 3288 1797 1181 310 56824 56824 286219 286219 333240 971 5636 326633 3467 1093 716 1658 85375 48741 28242 8392 39295 29966 9153 176 229 203 25 1 58858 33602 19470 5786 2641874 1839866 447334 354674 26805 27067 70000 70000 444 623 5370462 1884239 3545081 3486223 22936510 25115616 22743945 22554300 49322785 51253829 6831 12345 1595036 1509337 1601867 1521682 X 31398217 32365155 16322701 17366992 47720918 49732147 49322785 51253829 811813 1199416 0 X X 0 1 X 1 0 X X 1 PHI BETA KAPPA SOCIETY 530226282 7 1 1200000 0 1 1200000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.00 1 1 1 16322701 1504317 460026 17366992 15177523 50000 1508878 413700 16322701 12677105 1786625 905261 191468 15177523 14049652 -1198122 174425 12677105 11560605 2715210 226163 14049652 0.00000 0.45475 0.54525 0 0 2514546 2514546 2855916 1884239 971677 3486223 HEDGE FUNDS 22554300 F 22554300 DUE TO PBK SOCIETY 1509337 1509337 X 4366884 1199416 1199416 3167468 286219 286219 3453687 2355655 0 2355655 286219 286219 2641874 PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS ARE USED FOR THE FOLLOWING AWARDS: TERRILL BEQUEST: VISITING SCHOLAR PROGRAM JENSEN TRUST FUND: JENSEN AWARD FOR FRENCH STUDIES MARTIN R. LEBOWITZ FUND: LEBOWITZ AWARD FOR PHILOSOPHY EXCELLENCE WILLIAM A. GRANGER MEMORIAL FUND: PBK BOOK AWARDS MARY ISABEL SIBLEY AWARD FUND: SIBLEY AWARD FOR STUDIES OF FRENCH AND CLASSICS PATRICK ROMANELL AWARD FUND: ROMANELL AWARD FOR PHILOSOPHY LECTURE SERIES GITTLER AWARD FUND: VISITING SCHOLAR PROGRAM AURNER MEMORIAL AWARD FUND: TRIENNIAL COUNCIL AWARDS FRANK M. UPDIKE FUND: UPDIKE VISITING SCHOLAR SYDNEY HOOK MEMORIAL AWARD FUND: SIDNEY HOOK AWARD AT TRIENNIAL COUNCIL GERI BRAMAN HILL FUND: VISITING SCHOLAR PROGRAM DOROTHY ROSENBERG FELLOWSHIP FUND: HISTORY GRADUATE STUDENT SUPPORT RICHARD COUPER LECTURESHIP FUND: VISITING SCHOLARS AT TRIENNIAL COUNCIL AWARD FOR DISTINGUISHED SCHOLARS: AWARDS AT TRIENNIAL COUNCIL CRANOR ENDOWMENT FUND: CRANOR FAMILY VISITING SCHOLAR TRUESDELL FUND: SUPPORT FOR PHI BETA KAPPA SOCIETY PART X, LINE 2: THE SOCIETY AND THE FOUNDATION WERE ORGANIZED AS STATE OF NEW YORK NONPROFIT CORPORATIONS, AND ARE EXEMPT FROM THE PAYMENT OF INCOME TAXES ON THEIR EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SOCIETY AND THE FOUNDATION HAVE BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE (IRS) AS OTHER THAN PRIVATE FOUNDATIONS WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTIONS 509(A)(1) AND 509(A)(3). THE SOCIETY AND THE FOUNDATION ARE BOTH SUBJECT TO INCOME TAX ON THEIR UNRELATED BUSINESS ACTIVITIES, SUCH AS ADVERTISING FOR THE SOCIETY AND CERTAIN ALTERNATIVE INVESTMENT INCOME FOR THE FOUNDATION. THE SOCIETY HAS GENERATED NET OPERATING LOSS CARRYFORWARDS RESULTING FROM ITS TAXABLE ACTIVITIES, WHICH TOTAL $458,000. THE SOCIETY'S NET OPERATING LOSS CARRYFORWARDS WILL GENERALLY EXPIRE AT VARIOUS ANNUAL DATES THROUGH 2044. A DEFERRED TAX ASSET HAS NOT BEEN RECOGNIZED DUE TO THE UNCERTAINTY OF REALIZING A BENEFIT FROM THE NET OPERATING LOSS CARRYFORWARDS. PART II, LINE 9: THE FOUNDATION DOES NOT INCLUDE ITS CONSERVATION EASEMENT IN ITS REVENUE AND EXPENSE STATEMENTS, NOR ITS BALANCE SHEET, NOR DOES IT INCLUDE ANY VERBIAGE IN ITS FINANCIAL STATEMENTS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 1369852 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 6202078 0 0 0 0 0 0 7571930 0 7571930 1 0 1 1 1 0 1 PHI BETA KAPPA SOCIETY 1606 NEW HAMPSHIRE AVENUE WASHINGTON DC 20009 530226282 501(C)(3) 1200000 0 TO SUPPORT PROGRAM SERVICES 1 0 LEBOWITZ AWARD 2 50000 GRANGER AWARD 57 42480 HONORARIA FOR AWARDS PANELS 1 2250 HONORARIA/VISITING SCHOLAR 81 203000 PAULING RESEARCH FELLOWS 8 80000 AURNER AWARD 2 5500 SIBLEY AWARD 5 32500 COUPER AWARD 1 2250 HOOK AWARD 2 10000 JENSON AWARD 55 27500 PART I, LINE 2: THE SIBLEY AND JENSEN AWARDS REQUIRE A FINAL REPORT. ALL OTHER AWARDS ARE BASED ON PAST ACHIEVEMENT. 0 0 0 0 0 0 0 0 0 FREDRICK LAWRENCE SECRETARY/CEO 56494 437829 0 0 8215 63670 3943 30557 2869 22238 71521 554294 0 0 AMY MULNIX COO (THRU 4/1/25) 37540 150160 0 0 0 0 3749 14994 2562 10248 43851 175402 0 0 PART I, LINE 3 THE FOUNDATION'S PERSONNEL ARE EMPLOYED BY THE PHI BETA KAPPA SOCIETY, A RELATED 501(C)(3) ORGANIZATION. THAT ORGANIZATION USES THE FOLLOWING TO ESTABLISH COMPENSATION: COMPENSATION SURVEY OR STUDY; APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 1A THE FOUNDATION HAS AN EXECUTIVE COMMITTEE, CONSISTING OF THE FOUNDATION'S CHAIRMAN AND VICE-CHAIRMAN, AS WELL AS AT LEAST THREE OTHER FOUNDATION TRUSTEES (ELECTED BY THE BOARD OF TRUSTEES). THE EXECUTIVE COMMITTEE EXERCISES ALL OF THE POWERS OF THE BOARD IN THE MANAGEMENT AND CONTROL OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION, IN BETWEEN THE MEETINGS OF THE BOARD, IN ALL INSTANCES IN WHICH SPECIFIC DIRECTION HAS NOT BEEN GIVEN BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE FOUNDATION ARE, PER THE BYLAWS, MEMBERS OF PHI BETA KAPPA SOCIETY, THE FOUNDATION'S SUPPORTED ORGANIZATION. MEMBERS ARE CHOSEN SUCH THAT AT LEAST FOUR-FIFTHS ARE SENATORS OF THE SOCIETY. MEMBERS ARE ELECTED BY BALLOT AT THE ANNUAL MEMBER MEETING. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S TRUSTEES ARE ELECTED BY BALLOT BY THE MEMBERS, FROM AMONGST THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S SECRETARY AND ASSISTANT SECRETARY, AND THE EXECUTIVE COMMITTEE OF PHI BETA KAPPA FOUNDATION (WHICH HAS AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES OF THE FOUNDATION), AND THE FOUNDATION'S OUTSOURCED ACCOUNTANT REVIEW THE FORM 990 BEFORE APPROVING ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FOUNDATION TRUSTEES ARE PROVIDED WITH HANDBOOKS THAT INCLUDE THE CONFLICT OF INTEREST POLICY UPON EMPLOYMENT OR ELECTION TO OFFICE. THE FOUNDATION REQUIRES ALL TRUSTEES TO SIGN A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. THE FOUNDATION DOES NOT HAVE ANY TRUSTEES STATING THEY HAVE A CONFLICT OF INTEREST AT THIS TIME. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION DOES NOT HAVE ITS OWN EMPLOYEES. THE EMPLOYEES OF THE PHI BETA KAPPA SOCIETY, THE FOUNDATION'S SUPPORTED ORGANIZATION, SERVE THE FOUNDATION AS WELL. ACCORDINGLY, THE FOLLOWING DESCRIBES THE PROCESS AT THE PHI BETA KAPPA SOCIETY. IN ALL CASES. SALARY REVIEWS INCLUDE STUDY OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE PHI BETA KAPPA SOCIETY'S PRESIDENT AND EXECUTIVE COMMITTEE REVIEW THE SECRETARY'S COMPENSATION. THE SECRETARY REVIEWS THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 971. MANAGEMENT AND GENERAL EXPENSES 5,636. FUNDRAISING EXPENSES 326,633. TOTAL EXPENSES 333,240. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. THE PHI BETA KAPPA SOCIETY 1606 NEW HAMPSHIRE AVENUE NW WASHINGTON DC 20009 530226282 TO RECOGNIZE AND ENCOURAGE SCHOLARSHIP DC 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 PHI BETA KAPPA SOCIETY B 1200000 COST PHI BETA KAPPA SOCIETY O 55459 COST PHI BETA KAPPA SOCIETY N 32054 COST