- How much money have you raised,
and what is the Association's goal?
The fundraising goal is $40,000 to match the $10,000 anonymous donation.
Presently, Superbrothers have pledged or donated more than $16,000
towards the $40,000 goal.
- What is the fundraising deadline?
Theta Chapter's 75th Anniversary: February 9, 2004.
- What is the expected life of the
fund?
The Endowment is intended to be permanent.
- How do I make a donation?
To send a donation, please contact: Theta Alumni Association, c/o
Keith Roots, Treasurer, 118 Alderman Road, Charlottesville, Virginia
22903-1702; phone: 434-977-7870; e-mail: kroots@virginia.edu.
Checks should be made payable to "Theta Alumni Association." Please
put "Endowment" in the Memo Section.
We will be glad to work with your employer if matching gifts are
an option.
- Is my donation tax deductible?
While you should consult your tax advisor about the tax consequences
of your donation, the Alumni Association is a registered 501(c)(3)
and a Virginia Non-Profit Corporation.
- How will the Trust be Administered?
The fund will be administered by the Association's Board of Trustees,
made up of Superbrothers elected by the Association and the current
president of the Chapter. Interest generated from the Endowment will
be used to support the Chapter's service program. Neither the fund
nor any interest will be used for Theta social activities or any activities
of the alumni association.
- How will you ensure funds will
be used only for service?
It is envisioned that the Brotherhood will present a written proposal
to the Alumni Board of Trustees requesting a particular sum for a
particular service project. The proposal is not intended to create
an insurmountable hurdle but to provide the Board with an assurance
that Endowment Funds will be used for their intended purpose. It is
also envisioned that, upon completion of the service project, the
Brotherhood will present a final report. This report would include
results of the project, pictures, and an accounting of how the funds
were used.
As distributions are not scheduled to begin until 2004, the Board
of Trustees are still formulating the process by which the Chapter
will request Endowment funds. Some Superbrothers have suggested establishing
a listserv to ensure that donors and Alumni Assocation members are
kept informed about the status of the Endowment and have input about
requested distributions.
To ensure your views are counted, attend Alumni Association meetings
and/or contact an officer or Board
member any time you have questions. We look forward to seeing
you at an upcoming Association event.
- More Questions? Comments?
Click to contact one of the Alumni Association's Officers
or Board Members.
