Endowment Funds

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Endowment Funds are funds setup for a specific purpose from which disbursements are made entirely from the accrued interest. By only disbursing the interest, the fund's principal remains intact, effectively allowing the fund to exist in perpetuity once it is fully endowed. In some instances, minimal disbursements can be made from an endowment fund before it reaches its full endowment level.

Chapter Level Endowment Funds

The following are examples of Chapter Endowment Funds.

Alpha Tau

The Alpha Tau Chapter Endowment Fund was created on August 8, 2007. The fund uses corporate sponsorship and fundraising to financially assist students within the community through scholarships. The Endowment Fund has a board of directors consisting of undergraduate and alumni brothers of Alpha Tau.

For more information: Alpha Tau Endowment Website

Alpha Rho

Main article: Alpha Rho Chapter Endowment Fund

The Alpha Rho Chapter Endowment Fund was chartered on October 27, 2007. The intent of endowment is to fund scholarships and eventually other programming for Alpha Rho Chapter. The initial usage of the funds is as follows:

• 4/16/07 Memorial Scholarship
• Erin N. Peterson New Brother Grant

For more information: Alpha Rho Endowment Website

How to Setup an Endowment Fund

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