“A United Sisterhood of Business and Professional Women Striving for Economic Empowerment"
Iota Phi Lambda Sorority Inc. (IΦΛ) is the first African American Greek-lettered business sorority established by African American business women. It was established in 1929 in Chicago, Illinois, by our founder, Lola Mercedes Parker.
There are now more than 100 chapters with membership numbering more than 5,000 in 85 cities and the US Virgin Islands. Iota Phi Lambda is not an NPHC sorority and dual membership within Iota Phi Lambda Sorority and NPHC sororities is allowed.
Iota Phi Lambda Sorority, Inc. is a national business and professional sorority which seeks to:
Unite in sisterhood qualified business and professional women in order to enhance and improve the status of women in our highly complex, competitive business and professional world;
Promote increased interest in the broad field of business education among high school and college young women through planned programs and scholarships;
Encourage the development of personal goals and leadership potential; and
Establish and promote civic and social service activities for youth and adults.
The Sorority’s most recent and national youth projects place emphasis on the social, economic and psychological needs of youth by offering programs of remediation through tutoring, career exploration and teen pregnancy prevention.
The Sorority’s aims are to:
Make worthwhile contributions to the changing socio-economic patterns of our time;
Project the philosophy of the pursuit of excellence in all worthy endeavors among youth and adults;
Develop leadership expertise among business and professional women.
Today, there are more than 100 chapters with an approximate membership of 5,000 stretching across the width and breadth of our country in 85 cities, representing 31 states, the District of Columbia, and the Virgin Islands.