Iota Phi Lambda Mission;  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 national theme: Professional Business Women Propelled by Ingenuity: Intentional Purpose.