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(IΦΛ) is the first African American greek-lettered business sorority established by African American business women. 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 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.
Lola Mercedes Parker, Founder
Gamma Nu Chapter's founding members