Gifts are acknowledged with a tax receipt and multi-year pledges become part of the Foundation s pledge reminder system that provides automatic follow up. Gifts are deposited in the chapter's restricted fund, a separate account in the Sigma Phi Epsilon Educational Foundation. The fund is invested in the Foundation s professionally managed Pooled Investment Fund where they accumulate as endowed funds with the original gifts providing an annual return that provides income for making scholarship and leadership awards for the chapter. The Chapter s restricted fund is governed by a working agreement between the alumni board and the foundation. To provide alumni with a tax deductible investment program that will enhance the opportunity for personal development in their chapter.
Steps Have a chapter newsletter published at least semiannually, preferably quarterly.
Include an explanation of the chapter fund in each newsletter. Repeat the benefits to the chapter and the current status. Solicit a commitment from each alumnus who is actively involved. Identify one alumnus from each class year as a key alumni or class agent and ask him to become informed, make his commitment and ask his classmates to make theirs. Conduct the various contact programs that you feel will work at your chapter.