
Outstanding leadership is necessary to obtain outstanding
results. Leaders must be found to generously contribute time
as well as money.
Ongoing Entities
Undergraduate Chapter
The reason that all of this takes
place. It is important for alumni to stay in the middle
ground between forgetting the undergraduates exist
and attempting to relive their youth and run the fraternity
again.
Advisory Board / Committee
This may
be a single advisor working with regional and national/international
headquarters.
It also may be a full advisory committee of volunteer
alumni. In any case, it should only have ex-officio
connections to the House Corporation.
House Corporation
Owns or master leases
the house and land, and the board oversees property management
and
fund raising. They are the stewards of the facility.
Educational Foundation
Unless you can
set up a restricted fund with your school’s foundation
or your national/international foundation, you should
set up your own foundation in
order to solicit tax-deductible contributions for valid
educational purposes.
Fund Raising Campaign Leadership
The campaign must be led by alumni covering all eras.
They should also be from a variety of locations across
the country.
As much as 80% of gifts will come from as few as 20%
of alumni.
Financial leadership is absolutely key to success.
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