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ABOUT THE FOUNDATIONWelcome to the Alpha Sigma Phi Educational Foundation. We want to hear from you. Please contact us directly. Staff Directory |
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FOUNDATION STAFF |
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to Better the Man through:
Raising Funds to support the scholarship, leadership, and educational programs of Alpha Sigma Phi.
Investing Assets wisely to provide for future scholarship, leadership, and educational needs.
Granting Money to worthwhile scholarship, educational, and leadership initiatives to benefit Alpha Sigma Phi brothers, chapters, campuses, and communities.
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Three men incorporated the Alpha Sigma Phi Educational Foundation on December 6, 1945, on the centennial anniversary of Alpha Sigma Phi's founding. The original purpose of this agreement was the following:
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There are two main opportunities that are provided by the Educational Foundation to each Alpha Sig brother. They are to volunteer their time to the Foundation or to make some form of contribution.
Volunteer Your Time
There are a number of ways to help to support the Educational Foundation. Our organization is
lead by a group of 15 volunteers who serve as trustees. These men come from a wide range of occupations, including executive senior management, the field of education, investments, and entrepreneurs.
The Foundation board also has a committee structure that's made up from both trustee members and other Alpha Sig volunteers.
Donate your Resources
The easiest way for a brother to support the Educational Foundation is to make a gift. Since the Alpha Sigma Phi Educational Foundation is a non-profit I.R.S. 501(c)(3) organization, all contributions are tax-deductible.
The most common type of gift is cash. In addition the Educational Foundation can receive securities (stocks and bonds), art and property.
Manigault Society
Brothers can also join the Manigault Society by remembering us in their estate planning. The most common forms of gifts here are: wills, life insurance, trusts, and charitable gift annuities. It was through this special form of giving that enabled the Old Gal to receive its largest gift ever, a $6,000,000 bequest from Howard Kleinoeder, Washington '29, Omega '91.
How money is invested
Large gifts such as the one received from Brother Kleinoeder are set aside into a special fund. These funds are then invested into the stock market, bonds and money market accounts. The money generated from these investments is used to make grants to the Fraternity, to fund the operations of the Educational Foundation and the extra funds are put into more investments.
Why Write a Will?
The planning and writing of a will is both a family obligation and a personal privilege.
We live in a nation of laws. During all of our lifetime, different laws apply to us. When we are born, our birth is registered as required by law. During life, we comply with legal requirements in purchasing a home, in paying taxes, in securing a passport and in many more of life's activities.
When we die, our life's passing is noted in securing a death certificate and in the probate process. In all of life's activities, the law is there.
One of the most important legal opportunities each of us face pertains to the future ownership of our possessions. Before we die, we can make a will that determines who will receive our estates.
In the event we do not have a will, the court or others will decide for us, often ignoring our important preferences. Deciding not to write a will suggests a lack of civic responsibility and a lost opportunity to demonstrate our love to those whom we cherish.
Every person has the legal right to make a will. Details of your will include the naming of an executor, deciding who will serve as guardians of minor children, providing guidelines concerning how they will be raised, determining the use of accumulated wealth, and expressing gratitude for all of life's blessings by giving to the charity or charities of your choice. Life involves a string of choices, and the most important choices we make involve the use and disposition of what we have. This is called stewardship, the management of our resources.
Our acts during our lifetime become a statement of our faith.Our last act, our will, serves as a final testimony of our faith journey in life. We exercise a spiritual privilege when we plan and write a will.
For additional assistance, you may want to contact your attorney. Or, perhaps you would like to talk with our planned giving representative, Ted Kocher. He can provide basic information about wills and bequests, as well as relate various ways others have included Alpha Sigma Phi Educational Foundation in their estate plans. You can reach Brother Kocher at 570-675-0171, e-mail him at Theokocher@aol.com or by completing and returning the response form below.
© 2008 ALPHA SIGMA PHI FRATERNITY, INC. | ALL RIGHTS RESERVED