Category: News

Alumni Association Plans for Summer Work Weekend

What better way to spend a Central Texas summertime weekend than by grabbing those dusty coveralls, picking up your PB or local Iota brother in the SUV and heading on over to G-town to spend a weekend with Alums and Actives getting sweaty and knocking out some much needed work on the House?

Committees are forming to address specific projects (painting, yard, kitchen, floors, doors, bathrooms) and the dates are being set now. Follow the link below to tell us when dates you’re free and willing to particpate.

http://www.pollmonkey.com/p.asp?U=9207438310

We hope to see you this summer!

New Website

I think I can speak for everybody when I say that Jeff has done a fantastic job with the new site, so Jeff, thank you very much. I will start spreading the word about it and getting people to register, so if you’re reading this and you have not yet registered, do so, it takes only a minute or two.

Ben

Alumni Association Update

An excerpt from the Fall Alumni Newsletter: 

Alumni dues are akin to SU’s annual giving, or a public radio fundraising campaign, and like every other non-profit, the Iota Alumni Association fundraising goes to support operating costs for our fraternity, of which we all still derive great benefit.

Operating costs pay for the following in priority order:

  1. Loan repayment
  2. House repairs (Next up: stove, vent hood, and plumbing)
  3. Homecoming and Alumni weekends
  4. Scholarship and rush

We spent many years fundraising in a “crisis environment” and we still need to make the shift toward fundraising in a “normal” environment for simple fi scal and operational health.

Membership dues averaged $158 per alumni last year with gifts ranging from the minimum of $60 to $5,000.

Recent Financial History:

  • Summer 2003: Iota Alumni Association took out a 15 year note of $150,000 at 5.5% interest per annum from Southwestern University for House improvements including, but not limited to kitchen, deck, floor, windows, fire alarm and security.
  • 2004: More than 110 alumni and friends contributed in $15 to $5,000 contributions.
  • 2005: More than 70 alumni contributed in $25 to $5,000.
  • Fall 2006: Our first scholarship of approximately $1000 is granted for this fall semester for Robert Atkinson, a sophomore active from San Diego. The next scholarship awarded should be for approximately $3000
  • Fall 2006: Several alumni and an alumni pledge class paid dues for three Active brothers who were unable to pay. This enabled the Active Chapter to be 100% prepaid for the entire semester (dues and rent) for the first time in history.
  • Beyond 2007, what’s the picture for long-term financial stability?

Please join the Iota Alumni Association today by sending in a check or contact:

Charles Bedard
24 Greenway Plaza Suite 440
Houston, TX 77046
bedard at ephorgroup dot com
512.797.6786