Phi Sigma Pi Foundation

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Foundation page. The Phi Sigma Pi Foundation exists to generate, preserve and provide financial resources for Phi Sigma Pi National Honor Fraternity’s educational, leadership and charitable programs as a means to recognize individual and professional distinction within the brotherhood and its communities.

This non-profit organization was formed in August of 2005 by a small group of Phi Sigma Pi alumni who sought to enhance the realtionship between Phi Sigma Pi National Honor Fraternity and its financial supporters for the purposes of furthering the fraternity's ability to impact the lives of undergraduate brothers and to protect the fraternity's financial and legal assets.

As of July 2007, the Foundation consists of almost thirty members dedicated to the cause of providing the fraternity with the financial means to enhance the brotherhood beyond what mere undergraduate dues can provide. The Foundation is led by a seven-person Board of Directors elected for three-year rotating terms, and is managed by an Executive Director responsible for the day-to-day activities of the organization.

History

Although the initial development efforts began in 2004 with the Phi Sigma Pi National Honor Fraternity Grand Chapter’s approval, the Foundation’s structure was not formalized until the August 2006. The organization has completed the necessary registration with the Commonwealth of Pennsylvania and with the IRS to enter full-scale operations.

Carlye Buchanan, CPA had the original concept of a foundation while serving on the National Council of Phi Sigma Pi National Honor Fraternity. The purpose behind needing a separate entity was to provide: asset protection, raise funds for educational programming which otherwise are not available to fraternities, and better leverage alumni support by not having the fundraising duty be a major focus for the already hands-on National Council. She proposed a plan to establish a foundation to the Phi Sigma Pi Grand Chapter (legislative body of the Fraternity) at which time they approved the concept of creating the entity.

Herbert Higginbotham was asked by Joshua G. Marder, Vice-President of Finance for the Fraternity, to assist in the start-up of the Foundation. Herb’s skills of management, follow-through and networking allowed for Herb to be elected as Vice President to the Foundation in 2005.

Within months a team of volunteers were recognized as the chartering Foundation Board of Directors. Just over a year later, the organization completed the admistrative processes to become a corporation within the state of Pennsylvania and be recognized as a federally tax-exempt Section 501(c)(3) charitable organization.

Board Members

The NADC consists of the following members for the 2006-07 term:

Past Directors include:

Projects

Alumni Committee Night Class

Night Class is an ongoing project throughout the 2006-07 academic year. The class is set up as a telephone conference call, where interested participants are invited to call in and take part in a short conversation and presentation on a pre determined area relating to Alumni Development. There have been two classes thus far;

The intent of this project is to address how Alumni Committee chairpersons and members acquire information relating to Alumni Relations and Development.

Alumni Committee Resource Guide

The Alumni Committee Resource Guide represents the first steps towards taking paper committee and officer manuals and moving them online into this current wiki based format for shared collaborative documentation. The former Alumni Committee manual was rewritten as a best practices concept, borrowing the successful Alumni Relations and Alumni Development practices of our chapters and presenting detailed analysis for collegiate chapters to adapt if they desire to their current processes.

The intent of this overall project was to rethink the process of instructional learning and modernize our distribution of information to reduce costs as well as Staff and National Council time in updating and producing the former physical documents.