Phi Theta Kappa Foundation Tax-Exempt Status Approved

Phi Theta Kappa has received notification from the Internal Revenue Service that the Phi Theta Kappa Foundation has been approved as a public charity, allowing the Foundation to receive tax-deductible gifts. All donations to Phi Theta Kappa will now be handled by the Foundation. "This non-profit status now expands the opportunity for Phi Theta Kappa to tap funds from foundations across the country," said Phi Theta Kappa Executive Director Rod Risley, who pointed out that many foundations only provide funds to a foundation rather than an organization. Dr. Nancy Rieves serves as Executive Director of the Phi Theta Kappa Foundation.

Posted: August 07, 2008

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