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Alpha Phi Omega-Theta Alumni Association Endowment Fund. An investment in the future of service. 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
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Alpha Phi Omega-Theta Alumni Association Endowment Fund An investment in the future of service
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.
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
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 75th Anniversary.
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
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.
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
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 75th Anniversary February 9, 2004
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!