Chapter OneFunds are the simplest and most flexible way to charitably support a chapter.
Chapter OneFunds (COF) are chapter-specific funds created to allow alumni and friends of a chapter to maximize charitable giving opportunities that benefit undergraduates. Grants from OneFunds are restricted to a specific chapter and can be used to fund academic or need-based scholarships, character and leadership development programs, alcohol abuse prevention programs, and often times specific operating expenses incurred by the House Corporations that operate and manage chapter facilities.
OneFunds allow chapter alumni to support their chapter while empowering local alumni volunteers to control how funds are being used to strengthen the future of the chapter from year to year. They were conceived out of a desire to provide flexible grants that meet IRS charitable standards and have been widely applauded for their impact on chapters and undergraduate Phi Psis.
Two types of OneFunds are managed by the Foundation for each chapter: endowed OneFunds and non-endowed OneFunds. The drop-down list in our online donation form provides an opportunity to give to non-endowed OneFunds. If you would like to make a contribution to a chapter’s endowed OneFund, please contact: firstname.lastname@example.org or call 317-275-3400.
Once gifts are made to a Chapter OneFund, house corporation officers and chapter advisory team members can request grants through My Phi Psi Funds.