Chapter Finance and Fundraising

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The Chapter Finance and Fundraising Resource Guide (a.k.a. The Money FAQ) intends to assist chapters in sharing ideas for chapter budgeting, long-term financial planning, and the challenging area of fundraising. This guide is not intended as specific or required direction on any topic, and it does not serve as substitute or supersede any direction on finances, payments due, or risk management areas (e.g. insurance) given by the National Governing Documents or the National Office.

Please join in making this living document and assisting other chapters by adding, editing, and improving the information contained here.

Fund Raising

Introductory Ideas

These ideas should require limited planning and up front costs These ideas should require limited planning and up front costs. They likely won't raise the most money but are quick and easy ideas. For Chapters who are struggling with fund raising or looking for new ideas this is a good place to start.

Intermediary Ideas

These projects may be recurring, can utilize more members of the chapter and can sustain the chapter's budgetary needs.

Advanced Ideas

These are projects with significant investment in terms of planning, may be used for one off large budgeted cost events and likely require coordination across multiple committees in the Chapter.

Fund Raising Resources

Managing Your Chapter's Money

Links to External Resources

IRS descriptions:

  • At the National level, Phi Sigma Pi is a 501(c)(3) non-profit
  • At the Chapter level, Phi Sigma Pi chapters are considered social clubs by the IRS, meaning primarily that they do not pay taxes but can not directly take in tax-exempt contributions. Your Chapter needs to be incorporated in your state in order to receive a tax identification number. Chapters cannot use the national organization's tax identification number.


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Resource Guides
Alumni Development · Chapter Awards · Chapter Finance and Fundraising · Inter-Chapter Events and Relations · Membership Development · Public Relations · Risk Management · Scholarship · Service and TFA Programming · Social · Writing National Constitution Amendments
Chapter Officer Training Guides
President · Vice President · Historian · Parliamentarian · Recruitment Advisor · Initiate Advisor · Secretary · Treasurer · General Officer