The George Mason University Colony of Phi Iota Alpha Fraternity Inc. strives to achieve the following:
1. Promotion of personal, communal, and Pan-American development through the ideals of our Fraternal Pillars as well as other Pan-American intellectuals and their philosophies
2. Creation of a Latin American consciousness
3. Intensification of education with a Latin American character
4. Mobilization of Latin American communities
5. Conservation of the integrity of the Latin American character
Mission: To unite its members fraternally in a manner in which, individually and collectively, they will contribute towards the fulfillment of the organizations mission. To foment a scientific study of the social, economic, and political problems of Pan-America.