Understanding Phi Kappa Theta Finances

At this year's convention, it was clear that more information on the operations of the national organization, including our finances would be helpful. Last month we talked about our governance and management model. This month we will cover finances.

Members pay fees to receive the services of membership and so much more. In this webinar, we will talk about why we charge what we charge, where the money goes, the state of finances post-pandemic, as well as our plans for enhanced financial sustainability. You will hear from Dan Bureau, National President, and other members of our team as we cover the dollars and cents of running Phi Kappa Theta Fraternity. 

The five takeaways:

1. Know where your money goes: what are the general expenses of the national Fraternity?

2. Know why we choose or are required to spend money as we do. 

3. Understand the way we come up with your national dues amount annually and how that amount has trended over time. 

4. Understand the decision process we use in this post-pandemic, but still challenging time to staff and manage the Fraternity with the limited funds we have. 

5. Learn about plans for future sustainability of our budget including how we will invest chapters in ensuring dues and costs stay as low as possible.

Click the link below to view the recording from this event.