Educational Fund
What is an effective way you can donate direct to the local Beta Omicron chapter but be managed at a national level? It’s the Sigma Pi Educational Fund (SPEF) and click here to download the 2011 Annual Report.
Alumni Nelson Farris has made the largest donation so far and says "Without the influence of the Brothers of Sigma Pi ( from the 60's, my life long friends) and the education I received from LB State there would be no me as I exist today. I owe it to BO Sigma Pi to do what I can to enhance the college and Fraternity experience of current and future Brothers to prepare them to add value and make a difference in an ever changing world."
1. Scholarship awards to members of the chapter.
2. Educational grants to cover portions of travel and accommodation expenses for chapter members to attend nationwide events such as the Mid-Year Leadership Conference, Convocation, and Sigma Pi University.
3. Grants for educational resources in the chapter house including desks, bookcases, books, computers, and software. SPEF funds may also be used for the construction, renovation, and outfitting of educational areas of in the chapter house.
4. Loans to the chapter for housing which are required to bear interest at the prevailing rates charged by commercial lenders (or similar investments at the time the loans are made).
Assets held by a Sigma Pi Educational Fund will be managed and invested in a professional manner by the Sigma Pi Educational Foundation. Gifts designated for a specific chapter will be used exclusively for educational purposes which are both in line with federal regulations, yet benefit the members of that chapter.
Once our SPEF reaches a principal balance of $15,000, both scholarships and grants may be advanced from the chapter’s fund. Upon establishing the CEF, an initial fundraising timeline will be created in consultation with the Educational Foundation staff and trustees. Typically, a fundraising timeline will range over a three to four year period. During this initial fundraising period the Sigma Pi Educational Foundation will work directly with a locally-established five member SPEF board. The working relationship between the local SPEF board and the Educational Foundation may include monthly conference calls, in-person visits, and consultation on fundraising events and marketing mailers to the membership of each chapter.
Who can donate to a SPEF? Anyone can donate to a Chapter Educational Fund including alumni, undergraduates, friends, and members’ parents. In addition, many employers offer a matching program for employees making charitable donations.
Think about it. All chapters go through cycles of increased and diminished membership levels and cash flow. How does your current chapter weather the storm when they need a new roof, a new heating/cooling system, or even want to proactively plan construction of a new house or facilities? Does your chapter or alumni group have the time and resources to plan, collect, market, and administer these funds when time is of the essence? The Sigma Pi Educational Foundation has the financial advisory services, legal, and marketing team to help streamline your chapter’s cycle through consultation. The quicker your chapter starts its SPEF, the faster the Sigma Pi Educational Foundation can work with the chapter to become more successful in strengthening the chapter. To start the ball rolling simply place a phone call or send an e-mail and we will personally consult with you to help your chapter achieve success.
Click here to donate and be sure to designate the funds to Beta Omicron! Thank you for your support.