2014-05-13T10:08:57-05:00 2013-12-31 201941244 HORNE LLP 1020 HIGHLAND COLONY PKWY STE 400 RIDGELAND MS 39157 990 2013-01-01 205469890 PHI THETA KAPPA FOUNDATION PHIT 6019843504 1625 EASTOVER DRIVE JACKSON MS 39211 STEVEN D MULHOLLEN CHIEF FINANCIAL OFFICER 6019843504 2014-05-12 1 MARSHA H DIECKMAN CPA P00246741 6013261000 2014-05-12 2013 2015-11-30 17:44:51Z NANCY L RIEVES 1625 EASTOVER DRIVE JACKSON MS 39211 4389617 0 X WWW.PTKFOUNDATION.ORG/ X 2006 MS THE PURPOSE OF PHI THETA KAPPA FOUNDATION IS TO SECURE THE FINANCIAL RESOURCES TO SUPPORT THE VALUES, VISION, AND PRIORITIES OF THE PHI THETA KAPPA HONOR SOCIETY. 16 13 0 14 0 0 3106977 1841163 0 0 512423 258872 9580 0 3628980 2100035 2371249 2318153 0 0 315119 345076 0 0 113249 161173 223119 2847541 2886348 781439 -786313 6849795 6362732 511657 492980 6338138 5869752 THE MISSION OF THE PHI THETA KAPPA FOUNDATION IS TO SECURE THE FINANCIAL RESOURCES TO SUPPORT THE VALUES, VISION, AND PRIORITIES OF THE PHI THETA KAPPA HONOR SOCIETY. 0 0 2538332 2318153 THE PHI THETA KAPPA FOUNDATION'S PURPOSE IS TO RAISE AND OVERSEE THE VOLUNTARY PRIVATE SUPPORT OF TIME, TALENT, AND FINANCIAL CONTRIBUTIONS TO SUPPORT AND ADVANCE THE MISSION, VISION AND PRIORITIES OF PHI THETA KAPPA HONOR SOCIETY. 2538332 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ AR CA CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NY NC ND OH OR RI PA UT WA WV WI VA CO NM SC TN X NANCY L RIEVES 6019843504 1625 EASTOVER DRIVE JACKSON MS 39211 DR NANCY L RIEVES EXECUTIVE DIRECTOR 30.00 10.00 X X 0 108460 12955 DR MATTHEW J QUINN CHAIR 1.00 X 0 0 0 DR JO MARSHALL VICE CHAIR 1.00 X 0 2500 0 MARK DAVIS TREASURER 1.00 X 0 0 0 DR ROD A RISLEY SECRETARY 8.00 40.00 X 0 414618 329034 WESTLEY M MOORE TRUSTEE 1.00 X 0 0 0 MIRTA OJITO TRUSTEE 1.00 X 0 0 0 DR DAVID SHINN TRUSTEE 1.00 X 0 0 0 JORGE A PLASENCIA TRUSTEE 1.00 X 0 0 0 DR JANICE R FREEMAN TRUSTEE 1.00 X 0 0 0 DR JOYCE F FREEMAN TRUSTEE 1.00 X 0 0 0 RAYMOND D HITES TRUSTEE 1.00 X 0 0 0 DR E ANN MCGEE TRUSTEE 1.00 X 0 0 0 LOU OBERNDORF TRUSTEE 1.00 X 0 0 0 DR GEORGE BOGGS TRUSTEE 1.00 2.00 X 0 0 0 CASSIUS O JOHNSON TRUSTEE 1.00 X 0 0 0 STEVEN D MULHOLLEN CHIEF FINANCIAL OFFICER 4.00 40.00 X 0 114289 19275 0 639867 361264 0 0 1 0 0 317554 1523609 317554 1841163 90557 90557 2457897 2289582 168315 168315 168315 2100035 0 0 258872 2318153 2318153 292083 99327 121108 71648 12766 4324 5339 3103 20483 7291 9773 3419 19744 6365 8771 4608 8383 2413 5756 214 38573 38573 1393 809 523 61 2811 290 2521 6739 5050 849 840 24466 12283 11537 646 5354 2559 2106 689 52762 52762 SUBSISTENCE 19288 11535 7069 684 PRINTING 17678 593 308 16777 CONTRACT LABOR 9244 1853 7391 DUES AND SUBSCRIPTIONS 8626 2220 5236 1170 27802 10505 7907 9390 2886348 2538332 234767 113249 1686170 648391 82548 152484 240291 191978 73800 12238 4728110 5348499 38876 9142 6849795 6362732 511657 492980 511657 492980 X 846664 1138470 1939218 917212 3552256 3814070 6338138 5869752 6849795 6362732 X -786313 316834 1093 X X 0 1 X 1 0 X 1758109 1239181 3653463 3106977 1841163 11598893 1758109 1239181 3653463 3106977 1841163 11598893 11598893 79068 135369 99342 512423 258872 1085074 12683967 14014 0.91450 0.92300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4468243 313479 500142 102708 5179156 3598178 494560 453704 78199 4468243 3457532 251828 -111182 3598178 2269930 989414 198188 3457532 515591 1681326 73013 2269930 0.09000 0.74000 0.17000 0 0 0 MUTUAL FUNDS 1779939 F BLACKROCK EQUITY DIVIDEND FUDN CL A 701695 F CALAMOS MARKET NEUTRAL INC A CONFIRM NBR 529625 F OPPENHEIMER INTL GROWTH A CONFIRM NBR 437191 F PIMCO COMM REAL RET STRAT A REINVESTMENT 369332 F FIRST EAGLE OVERSEAS A CONFIRM NBR 425260 F WELLS FARGO PREM LG CO GW ADM CONFIRM NBR 579147 F BLACKROCK LOW DUR BD INV A 526310 F 5348499 DUE TO PHI THETA KAPPA 384480 DEFERRED REV. 108500 492980 X 2374627 316834 -42242 274592 2100035 0 2100035 2843013 0 2843013 43335 43335 2886348 PART V, LINE 4: THE CURRENT POSITION OF THE FOUNDATION INCLUDES INVESTMENTS IN CASH AND CASH EQUIVALENTS. THE INTENT OF THE FOUNDATION IS TO MAINTAIN AN INVESTMENT PORTFOLIO WITH A MODERATE RATE OF RETURN. THE INTENDED USE OF ENDOWMENT FUNDS ARE DEFINED BY A WRITTEN AGREEMENT BETWEEN THE DONOR AND THE ORGANIZATION. THE GENERAL PURPOSE OF AN ENDOWMENT IS TO PROVIDE FUNDING TO SUPPORT SCHOLARSHIPS AND PROGRAMS IN PERPETUITY, BY ONLY DISBURSING EARNED INCOME AND PRESERVING THE CORPUS OF THE FUND. PART X, LINE 2: THE FOUNDATION IS A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2013 AND 2012. ALL TAX PERIODS AFTER 2009 REMAIN OPEN TO EXAMINATION BY THE FEDERAL AND STATE TAXING JURISDICTIONS TO WHICH THE ORGANIZATION IS SUBJECT. PART XI, LINE 2D - OTHER ADJUSTMENTS: ENDOWMENT DISTRIBUTIONS REINVESTED TO CORPUS 1,093. EXPENSES CLASSIFIED AS INCOME ON AUDIT -4,762. EXPENSES NETTED WITH INCOME ON AUDIT -38,573. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES CLASSIFIED AS INCOME ON AUDIT 4,762. EXPENSES NETTED WITH INCOME ON AUDIT 38,573. 1 PHI THETA KAPPA 1625 EASTOVER DRIVE JACKSON MS 39211 646012238 501(C)(3) 2318153 SCHOLARSHIP PROGRAMS, CONVENTIONS SPONSORSHIPS, AND GRANT PROGRAMS 1 0 PART I, LINE 2: EACH SCHOLARSHIP PROGRAM ADMINISTERED BY PHI THETA KAPPA FOUNDATION CONTAINS ELIGIBILITY REQUIREMENTS WHICH ARE DESCRIBED IN THE APPLICATION. SCHOLARSHIP CRITERIA MAY INCLUDE A MINIMUM CUMULATIVE GRADE POINT AVERAGE, MINIMUM OR MAXIMUM NUMBER OF COURSES COMPLETED, DEMONSTRATION OF LEADERSHIP SKILLS, WRITTEN RESPONSES TO DISCUSSION OR ESSAY QUESTIONS, AND DESCRIPTIONS OF ENGAGEMENT IN COMMUNITY SERVICE AND HONORS RESEARCH. STUDENTS MUST PROVIDE PROOF OF ENROLLMENT, IDENTIFY PROPOSED USE OF FUNDS, AND AFFIRM PROGRAM COMPLIANCE IN ORDER TO RECEIVE SCHOLARSHIP AWARDS. 1 X X X X 0 1 0 0 0 0 0 0 0 DR ROD A RISLEY SECRETARY 0 321618 0 75000 0 18000 0 316537 0 12497 0 743652 0 0 PART I, LINE 4B THE FOLLOWING EMPLOYEE PARTICIPATED IN A 457(F) PLAN: ROD RISLEY - $303,787 (INCLUDED IN DEFERRED COMPENSATION) FORM 990, SCHEDULE J, PART II PLEASE NOTE THAT THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES OR ISSUE ANY W-2S. HOWEVER, A PORTION OF EMPLOYEES' SALARIES FROM THE SOCIETY ARE ALLOCATED TO THE FOUNDATION. X IN KIND FACIL 1 317554 FAIR MARKET VALUE 0 1 0 PART 1, LINE 6 PHI THETA KAPPA FOUNDATION SERVICES ARE DERIVED FROM FULL-TIME AND PART-TIME VOLUNTEER ACTIVITIES. VOLUNTEER ESTIMATES ARE BASED ON CURRENT YEAR BOARD MEMBERS' ACTIVITIES PERFORMED TO SUPPORT THE MISSION OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 JANICE R. FREEMAN AND JOYCE F. FREEMAN, BOARD MEMBERS, ARE SISTERS. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT OF PHI THETA KAPPA COORDINATES AND REVIEWS THE FORM 990 PREPARATION WITH AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE COMPLETION OF AN ANNUAL FINANCIAL STATEMENT AUDIT. THE EXECUTIVE DIRECTOR OF PHI THETA KAPPA FOUNDATION REVIEWS THE RETURN AND THEN SENDS TO THE CHAIRMAN AND TREASURER OF THE BOARD OF TRUSTEES FOR APPROVAL. THE RETURN IS MADE AVAILABLE TO THE FULL BOARD OF TRUSTEES PRIOR TO THE RETURN BEING SIGNED AND FILED BY THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C THE PHI THETA KAPPA FOUNDATION BOARD REVIEWS THE CURRENT CONFLICT OF INTEREST POLICY AT THE ANNUAL BOARD MEETING EACH YEAR. TIME IS SET ASIDE FOR A DISCUSSION PERTAINING TO CONFLICT OF INTEREST ISSUES AT EACH TRUSTEE MEETING, AND EACH TRUSTEE IS REQUIRED TO SIGN THE FORM AT THE BEGINNING OF EACH TRUSTEE MEETING. AT ANY TIME, LEGAL COUNSEL IS AVAILABLE IF THERE ARE ISSUES IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 PHI THETA KAPPA BOARD OF DIRECTORS AUTHORIZED COMMITTEE UTILIZES DUE DILIGENCE AND PROCEDURES INCLUDING THE EXAMINATION OF COMPARABLE DATA DURING THE DELIBERATION AND DECISION OF COMPENSATION FOR TOP MANAGEMENT, OFFICERS AND KEY EMPLOYEES. THIS DELIBERATION AND DECISION INCLUDES CONTEMPORANEOUS SUBSTANTIATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, LINE 1A IN ADDITION TO THE HOURS LISTED, EMPLOYEES ALSO WORK ADDITIONAL HOURS FOR PHI THETA KAPPA SOCIETY, A RELATED ORGANIZATION. FORM 990, PART XI, LINE 9: ENDOWMENT DISTRIBUTIONS REINVESTED TO CORPUS 1,093. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR IN THE WAY THE ORGANIZATION SELECTS AND MONITORS THE AUDITOR. PHI THETA KAPPA PO BOX 13729 JACKSON MS 39236 646012238 HONOR SOCIETY MS 501(C)(3) 170(B)(1)(A) (VI) 0 PHI THETA KAPPA GROUP 1625 EASTOVER DRIVE JACKSON MS 39211 237047681 HONOR SOCIETY COLLEGE CHAPTERS - GROUP MS 501(C)(3) 509(A)(2) PHI THETA KAPPA 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0