Members of Phi Iota Alpha share a lifelong commitment to Latin American culture. Involves intellectual development, cultural consciousness, personal growth, personal achievement and social awareness. Members of Phi Iota Alpha believe that the Latin American community in the United States and in the Latin American countries are in need of new sources of intellectual capital to identify, address and solve the difficult challenges they face.
Therefore, the organization is dedicated to developing in its members an awareness of the common values and traditions of the nations of Latin America and to preparing them to become active participants in the process of advancing the social and economic conditions of all Latin Americans.
The fraternity instills in its members a Global Latino perspective. This is an orientation that transcends the existing national boundaries that have separated Latin America. It builds on the spirit and traditions of Pan-Americanism, and supports and promotes actions leading to an eventual unification of all the countries of Latin America.
Promotion of personal, community, and Pan-American development through the ideals of Simón Bolívar and José Martí as well as other Pan-American intellectuals and their philosophies;
Creation of a Latin American consciousness,
Intensification of education with a Latin American character;
Economic and social mobilization of Latin American communities globally;
Intensification of contact between Pan-American Countries with the intention of forming a unified network of professional and economic contacts in order to ultimately achieve the unification of Latin America;
Conservation of the integrity of the Latin American character.
Rejection of war and violence as a means to achieving unification.