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Alpha Phi Omega-Theta Alumni Association Endowment Fund An investment in the future of service.

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Presentation on theme: "Alpha Phi Omega-Theta Alumni Association Endowment Fund An investment in the future of service."— Presentation transcript:

1 Alpha Phi Omega-Theta Alumni Association Endowment Fund An investment in the future of service

2 APO-Theta’s Service Program For over 70 years, APO-Theta has performed a broad scope of service in the Charlottesville community and on UVA grounds, including  Chairing blood drives  Improving Ivy Creek, Camp Holiday Trails, Barrett Day Care  Supporting Garrett Square and Westhaven communities  Starting the University Escort Service  Renovating the Fluvanna County Community Centers  Supporting the Boy Scouts and Girl Scouts Amazingly, the chapter has performed these activities with no outside financial support.

3 Why is outside financial support a priority? Current service project funding comes from chapter dues, the occasional car wash, etc. — meager resources at best More groups approach APO-Theta to do service every semester, often needing APO-Theta to supply wood, materials, and tools Chapter brothers are willing, but do not have the financial means to fulfill all requests For this reason, providing a means to enhance and preserve APO’s service program has become a priority for many brothers and alumni

4 The means to enhance & preserve Theta’s service program: To provide financial support to the service program, a former long-term advisor of APO- Theta has presented a challenge grant to the alumni of Theta chapter: He will donate $10,000.00 towards the development of an APO-Theta Endowment Fund provided that Theta alumni match his donation by raising an additional $40,000.00 by February 2004, Theta Chapter’s 75 th Anniversary.

5 APO-Theta Alumni Association State of Virginia Non-Profit Organization 501(c)(3) Status is Being Researched Purposes: Gather for Organized Service and Social Events Outside of Pledge Projects Coordinate with the Chapter to Maintain Accurate Alumni Database and Inform Alumni of Chapter Events Steward The Service Trust

6 Alumni Association Structure First Meeting, October 21, 2001 Bylaws Passed Membership –Dues-paying Superbrothers ($10/year) Officers Elected for Two Year Terms President – Jackson Moore (Fall ’89) Secretary – Adam Goldsmith (Fall ’96) Treasurer – Keith Roots (Spring ’83) Chapter Liaison – Elizabeth Malakie (Fall ’99) Board of Trustees Elected – Terms Expiring: 2002 – Jeff Evans (Spring ’98) & Katya Zablotney (Spring ’87) 2003 – Jamie Hale (Spring ’93) & Jennifer Milan (Spring ’94) 2004 – Chris Plasencia (Spring ’98) & Dave Wilkinson (Spring ’97) Meetings – At least twice a year on Pledge Project Weekends.

7 How the Endowment Will Work Alumni Donations Will Fund the Endowment Chapter Will Get The Endowment’s Income Estimated 5% a year ($1,500/year for $30,000 in principal, $2,000/year for $40,000 of principal) Funds will benefit APO-Theta’s Service Program Chapter will make specific requests for funds Alumni Trustees Will Manage The Endowment Funds must benefit APO-Theta’s Service Program Trustees have discretion regarding distributions. No funds for non-service activities (bylaws) No funds for the Alumni (bylaws) Board will meet on Pledge Project Weekends

8 Fundraising Goal: $40,000 (In addition to $10,000 challenge grant) Presently (April 2002) raised $16,000 Need to raise an additional $24,000 Goal may increase due to brothers’ support Deadline: Theta’s 75 th Anniversary February 9, 2004

9 How can I help? Support the Endowment Maximizes Chapter’s Benefits from the Endowment Spread Your Pledge Payments Over Two Years Become active in the Alumni Association Meetings: Two More Reasons to Visit C’ville Only $10 per Year – Covers Mailing Expenses Participate in Alumni and Chapter Activities June ’02 Service Project in Richmond Next Meeting: Pledge Project Weekend Fall ’02 Tell us what’s going on with you!


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