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The Frankford Athletic Association Philadelphia eagles bandana was organized in May 1899 in the parlor of the Suburban Club. The cost of purchasing a share in the association was $10. However, there were also contributing memberships, ranging from $1 to $2.50, made available to the general public. The Association was a community-based non-profit organization of local residents and businesses. In keeping with its charter, which stated that "all profits shall be donated to charity", all of the team's excess income was donated to local charitable institutions. The original Frankford Athletic Association apparently disbanded prior to the 1909 football season. Several of the original players from the 1899 football team kept the team together, and they became known as Loyola Athletic Club. In keeping with Yellow Jackets tradition, they carried the "Frankford" name again in 1912, to become the Frankford Athletic Association.
