INVEST TODAY.
CHANGE TOMORROW.
DONATE THROUGH THE PHI KAPPA PSI FOUNDATION
Ohio Lambda needs alumni support now more than ever. To facilitate this, Ohio Lambda alumni leadership has set up chapter-specific funds through the Phi Kappa Psi Foundation. These funds allow alumni and families to make tax-deductible donations, while ensuring their gift directly benefits Ohio Lambda.
GET TO KNOW YOUR FUNDS
There are three ways to support Ohio Lambda:
The Non-Endowed Chapter OneFund allows the chapter to immediately access money donated with one hundred percent (100%) of the balance of the Non-Endowed Chapter OneFund being available for distribution on an annual basis. This fund can be used by alumni leadership to distribute scholarships to members, pay for leadership development training or provide the House Corporation annual educational operating grants.
The Endowed Chapter OneFund is invested with a long-term strategy in mind and follows a traditional endowment model. Annually, four and a half percent (4.5%) of the trailing 20-quarter market value average is available for granting. The Endowed OneFund is established for perpetuity and produces a consistent return from year-to-year to fund the chapter’s needs. This fund can be used by alumni leadership to distribute scholarships to members, pay for leadership development training or provide the House Corporation annual educational operating grants.
The Chapter Housing Fund allows the House Corporation to immediately access money donated with one hundred percent (100%) of the balance of the Housing Fund being available for distribution on an annual basis. This fund can be used by the House Corporation for repairs, maintenance, and renovations to the Chapter House.