2025-06-16T08:29:47-05:00 2024-07-31 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2023-08-01 530226282 THE PHI BETA KAPPA SOCIETY PHIB 2022653808 1606 NEW HAMPSHIRE AVENUE WASHINGTON DC 20009 AMBER ELAINE COX ASSOC SECRETARY/COO 2022653808 2025-06-12 1 0 KELLI PECK P01423033 3217516200 2025-06-12 2023 2025-03-06 01:10:19Z FREDERICK M LAWRENCE 1606 NEW HAMPSHIRE AVENUE WASHINGTON DC 20009 6654248 0 X WWW.PBK.ORG X 1883 DC ADVOCATING FOR THE LIBERAL ARTS, ENCOURAGING SCHOLARSHIP, FRIENDSHIP, CULTURAL INTERESTS 24 24 27 1225 9256 0 3409779 4987230 1617465 1528973 5460 27923 159560 110122 5192264 6654248 362286 106000 0 0 3095299 3194900 0 0 844313 3085756 3230229 6543341 6531129 -1351077 123119 3489569 3775833 1491816 1654911 1997753 2120922 X THE MISSION OF THE PHI BETA KAPPA SOCIETY IS TO CHAMPION EDUCATION IN THE LIBERAL ARTS AND SCIENCES, FOSTER FREEDOM OF THOUGHT, AND RECOGNIZE ACADEMIC EXCELLENCE. 0 0 1578189 145106 THE AMERICAN SCHOLAR: THE AMERICAN SCHOLAR IS PHI BETA KAPPA'S QUARTERLY PUBLICATION, WITH A CIRCULATION TO THE GENERAL PUBLIC. THE CURRENT CIRCULATION IS 19,587 (18,366 ACTIVE SUBSCRIPTIONS, 426 NEWSSTAND SALES AND 795 FREE/NOMINAL RATE DISTRIBUTION). THE PUBLICATION PRESENTS ARTICLES ON SUBJECTS OF BROAD INTEREST, CURRENT AFFAIRS, CULTURAL AFFAIRS, PHILOSOPHY, SCIENCE AND ARTS. 538894 100000 25000 NATIONAL ARTS AND SCIENCES INITIATIVE: PHI BETA KAPPA'S NATIONAL ARTS AND SCIENCES INITIATIVE ENGAGES MEMBERS ACROSS THE COUNTRY TO COMMUNICATE THE VALUE OF LIBERAL ARTS AND SCIENCES, ADVOCATES FOR POLICIES THAT STRENGTHEN HIGHER EDUCATION, AND AWARDS THE KEY INTO PUBLIC SERVICE SCHOLARSHIP, ALONG WITH TRAINING AND MENTORING, TO PROMISING LIBERAL ARTS AND SCIENCES MAJORS PURSUING GOVERNMENT SERVICE. 307939 6000 32500 VISITING SCHOLAR PROGRAM: THE VISITING SCHOLAR PROGRAM INVITES EMINENT SCHOLARS TO UNDERTAKE A SERIES OF VISITS TO COLLEGES AND UNIVERSITIES WITH PHI BETA KAPPA CHAPTERS, CONTRIBUTING TO THE INTELLECTUAL LIFE OF THE CAMPUS BY MAKING POSSIBLE THE EXCHANGE OF IDEAS BETWEEN DISTINGUISHED VISITING SCHOLARS, THE RESIDENT FACULTY AND STUDENTS. 230954 1256111 CHAPTER SERVICES: THE PHI BETA KAPPA CHAPTERS INDUCT INTO THE SOCIETY THE BEST AND BRIGHTEST LIBERAL ARTS AND SCIENCES UNDERGRADUATES FROM 293 COLLEGE AND UNIVERSITY CAMPUSES ACROSS THE NATION. DURING THE YEAR ENDED JULY 31, 2024, AND 19,549 NEW STUDENTS WERE INDUCTED. 500401 THE KEY REPORTER: THE KEY REPORTER IS A NEWSLETTER THAT IS MAILED TO MEMBERS ON A QUARTERLY BASIS AND KEEPS THEM INFORMED ABOUT CURRENT PHI BETA KAPPA ACTIVITIES. 307939 ASSOCIATION SERVICES: COMMUNITY BASED GROUPS OF MEMBERS ARE FORMED TO PROVIDE PROGRAMS OF CULTURAL AND INTELLECTUAL INTEREST TO THEIR MEMBERS AND TO PROMOTE STUDENT ACHIEVEMENT IN HIGH SCHOOLS, COLLEGES, AND GRADUATE PROGRAMS. 192462 AWARDS, FELLOWSHIPS AND SCHOLARSHIPS: ACADEMIC AWARDS CONSIST OF SEVERAL ENDOWED FELLOWSHIP AND AWARD PROGRAMS. BOOK AWARDS ARE GIVEN ANNUALLY TO THREE OUTSTANDING SCHOLARLY BOOKS DRAWN FROM THE FIELDS OF THE HUMANITIES, THE SOCIAL SCIENCES, THE NATURAL SCIENCES AND MATHEMATICS. THEY MUST BE OF BROAD INTEREST AND ACCESSIBLE TO THE GENERAL, LITERATE READER. 192462 61000 TRIENNIAL COUNCIL: THE TRIENNIAL COUNCIL IS THE LEGISLATIVE BODY OF PHI BETA KAPPA THAT CONVENES EVERY THREE YEARS TO CONDUCT PHI BETA KAPPA BUSINESS. THE MOST RECENT TRIENNIAL COUNCIL WAS HELD IN AUGUST 2024, DURING THE YEAR ENDED JULY 31, 2025. 1424218 1317111 3849240 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 95 0 1 27 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 X THE SOCIETY 2022653808 1606 NEW HAMPSHIRE AVENUE WASHINGTON DC 20009 PETER QUIMBY PRESIDENT 1.00 1.00 X X 0 0 0 ESTHER JONES VICE PRESIDENT 1.00 1.00 X X 0 0 0 JONATHAN LEWIS TREASURER (THRU 9/1/23) 1.00 1.00 X X 0 0 0 JEANETTE GARRETTY TREASURER 1.00 1.00 X X 0 0 0 BERNADINE BARNES SENATOR 1.00 1.00 X 0 0 0 SUSAN W CARLISLE SENATOR 1.00 1.00 X 0 0 0 S RAJ CHAUDHURY SENATOR 1.00 1.00 X 0 0 0 RONALD CRUTCHER SENATOR 1.00 1.00 X 0 0 0 SEAN DECATUR SENATOR 1.00 0.00 X 0 0 0 DOLORES DURAN-CERDA SENATOR 1.00 1.00 X 0 0 0 JOHN HARKLESS SENATOR 1.00 0.00 X 0 0 0 BRIDGET KEEGAN SENATOR 1.00 0.00 X 0 0 0 KAREN KOSTER SENATOR 1.00 0.00 X 0 0 0 VERA L JUNKERS SENATOR 1.00 1.00 X 0 0 0 MICHAEL LOMAX SENATOR 1.00 0.00 X 0 0 0 JENNIFER LEWTON-YATES SENATOR 1.00 1.00 X 0 0 0 KATHLEEN MCGARRY SENATOR 1.00 0.00 X 0 0 0 STEVEN MILLER SENATOR 1.00 0.00 X 0 0 0 ERIC W NYE SENATOR 1.00 0.00 X 0 0 0 CAROL O'DONNELL SENATOR 1.00 0.00 X 0 0 0 SUZIE PARK SENATOR 1.00 1.00 X 0 0 0 JOHN POPE SENATOR 1.00 1.00 X 0 0 0 PAMELA TROTMAN REID SENATOR 1.00 1.00 X 0 0 0 JUDITH SHAPIRO SENATOR 1.00 1.00 X 0 0 0 JANET BAUDER-THORNBURG SENATOR 1.00 0.00 X 0 0 0 FREDERICK LAWRENCE SECRETARY/CEO 31.00 4.00 X 466996 60258 56911 AMY MULNIX COO 28.00 7.00 X 143334 35833 29346 SUDIP BOSE MANAGING ED-THE AMER. SCHOLAR 35.00 0.00 X 158021 0 16534 ANNE WISE NASI DIRECTOR 35.00 0.00 X 154388 0 46780 ELIZABETH KELLY VISITING SCHOLAR DIRECTOR 35.00 0.00 X 118232 0 27680 ANN MCCULLOCH DIR., CHAPTER AND ASSOC. RELATIONS 35.00 0.00 X 116676 0 33241 DEEPIKA MUNNALURI IT MANAGER 35.00 0.00 X 112083 0 42657 1269730 96091 253149 7 0 1 0 DANILLER COMPANY 3724 JEFFERSON STREET SUITE 302 AUSTIN TX 78731 PUBLISHING, MANAGEMENT 593976 PITNEY BOWES INC PO BOX 371874 PITTSBURGH PA 152507874 EASY PERMIT POSTAGE 291539 QG PRINTING PO BOX 644840 PITTSBURGH PA 15264 PRINTING 227864 CORDIA PARTNERS 8330 BOONE BLVD SUITE 350 VIENNA VA 22182 ACCOUNTING SERVICES 211289 4 1574010 3413220 4987230 MEMBERSHIP DUES 900099 1281111 1281111 PUBLICATIONS 541800 154362 145106 9256 TRIENNIAL COUNCIL 900099 61000 61000 PROGRAM FEES 900099 32500 32500 1528973 27923 27923 110122 110122 6654248 1519717 9256 138045 106000 106000 684214 441132 196179 46903 1780473 1168901 497254 114318 167188 110327 46094 10767 382836 252247 103943 26646 180189 118988 49596 11605 6930 6930 242311 242311 369287 136224 47829 185234 1511585 734179 364017 413389 348356 238771 89125 20460 55059 36168 15364 3527 174144 108131 61479 4534 222324 151058 71266 53119 53119 CIRCULATION 144310 144310 AUTHOR & CONTRIBUTOR 76625 76625 26179 26179 6531129 3849240 1837576 844313 131 131 1974347 1052345 7960 139889 187836 8804 51920 979628 109781 109781 0 0 1267375 1595036 3489569 3775833 676684 503903 815132 1151008 1491816 1654911 X 1997753 2120922 1997753 2120922 3489569 3775833 123119 50 0 X X 0 1 X 1 0 X 5347639 5498240 5258103 4781270 6268341 27153593 5347639 5498240 5258103 4781270 6268341 27153593 1720002 25433591 61146 109984 105079 97551 138045 511805 664 535 67095 68294 27733692 2032384 0.91710 0.94010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 664. 2021 AMOUNT: $ 535. COLLECTION OF BAD DEBT - 2022 AMOUNT: $ 67,095. 1163 1163 6266098 6267261 463363 115841 0 0 419101 450265 463525 463363 1796254 2694381 11895 6763 15579 1163 35400 104775 112566 115881 115841 449063 673595 3337 3516 9993 1163 18009 109781 109781 0 0 DUE FROM FOUNDATION 1595036 1595036 X 6655007 50 709 759 6654248 0 6654248 6531838 709 709 6531129 0 6531129 PART X, LINE 2: THE SOCIETY AND THE FOUNDATION 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 AS OTHER THAN PRIVATE FOUNDATIONS WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTIONS 509(A)(1) AND 509(A)(3), RESPECTIVELY. 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 CARRY FORWARDS RESULTING FROM ITS TAXABLE ACTIVITIES. THE SOCIETY'S NET OPERATING LOSS CARRY FORWARDS WILL GENERALLY EXPIRE AT VARIOUS ANNUAL DATES THROUGH 2043. A DEFERRED TAX ASSET HAS NOT BEEN RECOGNIZED DUE TO THE UNCERTAINTY OF REALIZING A BENEFIT FROM THE NET OPERATING LOSS CARRY FORWARDS. X X X 1 DANILLER COMPANY 3724 JEFFERSON STREET SUITE 302 AUSTIN TX 78731 FUNDRAISING FOR SOCIETY 0 3032475 221597 2810878 3032475 221597 2810878 SCHEDULE G, PART I, LINE 2B, COLUMN (V) PBK DOES NOT SOLICIT FROM THE PUBLIC; ITS FUNDRAISING EFFORTS ARE DIRECTED SOLELY AT PBK MEMBERS. 1 NATIONAL ARTS AND SCIENCE INITIATIVES 20 100000 VISITING SCHOLAR 6 6000 PART I, LINE 2: BOOK AWARDS, CHAPTER AWARDS, RECOGNITION AWARDS, AND NATIONAL ARTS & SCIENCES AWARDS ARE PRIZES BESTOWED FOR PAST ACHIEVEMENT DETERMINED BY COMMITTEES AT THE NATIONAL OFFICE OR, IF REQUIRED BY THE PBK PRESIDENT OR SENATE. VISITING SCHOLARS ARE MONITORED THROUGH REPORTS FILED BY THE PBK CHAPTERS AT CAMPUSES THEY VISIT. X X 1 1 X X 0 0 0 0 0 0 0 0 0 FREDERICK LAWRENCE SECRETARY/CEO 466996 60258 0 0 0 0 29229 3771 21178 2733 517403 66762 0 0 AMY MULNIX COO 143334 35833 0 0 0 0 13717 3429 9760 2440 166811 41702 0 0 ANNE WISE NASI DIRECTOR 154388 0 0 0 0 0 14851 0 31928 0 201167 0 0 0 SUDIP BOSE MANAGING ED-THE AMER. SCHOLAR 158021 0 0 0 0 0 15126 0 1408 0 174555 0 0 0 DEEPIKA MUNNALURI IT MANAGER 112083 0 0 0 0 0 10729 0 31928 0 154740 0 0 0 PART I, LINE 1A THE CEO OF THE ORGANIZATION RECEIVES A HOUSING ALLOWANCE, WHICH IS APPROVED BY THE EXECUTIVE COMMITTEE. PART I, LINE 1B THE HOUSING ALLOWANCE IS ADDED TO THE CEO'S TAXABLE COMPENSATION EACH YEAR. PART I, LINE 3 IN ALL CASES, SALARY REVIEW INCLUDES STUDY OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. PBK'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 A, LINE 1A THE SOCIETY'S PRESIDENT, VICE PRESIDENT, AND NO FEWER THAN THREE SENATORS SERVE AS AN EXECUTIVE COMMITTEE THAT HOLDS THE AUTHORITY TO ACT ON BEHALF OF THE ENTIRE SOCIETY SENATE, IN BETWEEN SENATE MEETINGS. FORM 990, PART VI, SECTION A, LINE 6 THE PHI BETA KAPPA SOCIETY'S CONSTITUENT MEMBERS ARE ITS CHAPTERS AND CHARTERED ASSOCIATIONS. THE PERSONS WHO ARE MEMBERS OF PBK ARE ELECTED AND RECEIVED INTO MEMBERSHIP BY THE CHAPTERS. THERE ARE THREE CLASSES OF INDIVIDUAL MEMBERS: 1. MEMBERS IN COURSE 2. ALUMNI MEMBERS 3. HONORARY MEMBERS FORM 990, PART VI, SECTION A, LINE 7A VOTING DELEGATES TO PBK'S TRIENNIAL COUNCIL ARE CHOSEN FROM ITS CHAPTERS AND CHARTERED ASSOCIATIONS. EACH CHAPTER IS ENTITLED TO 3 DELEGATES. EACH ASSOCIATION WITH 25 TO 199 MEMBERS OR MORE MAY HAVE ONE DELEGATE; EACH ASSOCIATION WITH 200 MEMBERS OR MORE MAY HAVE TWO DELEGATES. PBK ALSO HAS A SENATE, WHICH FUNCTIONS AS THE GENERAL ADMINISTRATIVE BODY WHEN THE COUNCIL IS NOT IN SESSION. IT CONSISTS OF 24 SENATORS ELECTED BY THE COUNCIL AS THE TERMS OF SENATORS END AND REQUIRE REPLACEMENT. ONE SENATOR IS ELECTED FROM EACH OF SEVEN DISTRICTS AND THE REMAINING SENATORS ARE ELECTED FROM THE MEMBERSHIP AT LARGE. EACH CHAPTER, CHARTERED ASSOCIATION, SENATOR, AND PAST PRESIDENT IS PERMITTED ONE VOTE IN THE COUNCIL. FORM 990, PART VI, SECTION B, LINE 11B PBK'S OUTSOURCED ACCOUNTANT, SECRETARY, ASSOCIATE SECRETARY, AND THE EXECUTIVE COMMITTEE OF THE PBK SENATE (WHICH HAS AUTHORITY TO ACT ON BEHALF OF THE SENATE) REVIEW THE FORM 990 BEFORE APPROVING ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES, SENATORS AND TRUSTEES ARE PROVIDED WITH HANDBOOKS THAT INCLUDE OUR CONFLICT OF INTEREST POLICY UPON EMPLOYMENT OR ELECTION TO OFFICE. PBK ALSO REQUIRES ALL EMPLOYEES AND SENATORS TO SIGN A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. WE DO NOT HAVE ANY EMPLOYEES, SENATORS OR TRUSTEES STATING THEY HAVE A CONFLICT OF INTEREST AT THIS TIME. FORM 990, PART VI, SECTION B, LINE 15A IN ALL CASES, SALARY REVIEW INCLUDES STUDY OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. PBK'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 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. PHI BETA KAPPA FOUNDATION 1606 NEW HAMPSHIRE AVENUE NW WASHINGTON DC 20009 526063291 ORGANIZED FOR THE CREATION OF FUNDS OR ENDOWMENTS. NY 501(C)(3) LINE 12A, I THE PHI BETA KAPPA SOCIETY 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 PHI BETA KAPPA FOUNDATION L 374 COST PHI BETA KAPPA FOUNDATION N 29429 COST PHI BETA KAPPA FOUNDATION O 50770 COST PHI BETA KAPPA FOUNDATION C 1574010 COST