Preferring to work quietly behind the scenes, a Chi Phi alumnus who wants to remain anonymous recently made a $100,000 cash pledge payable over the next five years to the Chi Phi Educational Trust. He’s already contributed his first two payments of $40,000.
This gift will provide support in three important areas:
- Unrestricted support to use where the need is greatest
- Support to enhance the educational-qualifying areas of the soon-to-be developed Chi Phi Museum
- Educational and scholarship support for the donor’s home chapter.
“It’s not every day we receive a $100,000 pledge, or for that matter, a $20,000 check in the mail,” said former Trust Chairman Daniel H. Dozer, Iota 1965. “It’s an extraordinary gesture and one that comes with a great deal of responsibility on Chi Phi’s part to administer properly. We take this responsibility very seriously, and we’re committed to honoring this donor’s wishes.”
When asked why he chose to remain anonymous, the donor remarked, “It’s just my way. I want my gift to do good work. Chi Phi is important to me. I want to do my part to pay Chi Phi back for all of the personal and professional success it has brought to my life. I don’t need any public recognition to say thank-you.”
The $100,000 pledge came at a time when most nonprofits and fraternal organizations are struggling to secure significant gifts due to the nation’s challenging economy.
“That is one of the reasons I wanted to step forward now,” explained the donor. “Chi Phi and Chi Phi students need help when times are tough. I want my gift to provide some of that help.”
He added, “I also hope it will inspire others to make similar gestures. Whether they do it publicly or anonymously, it is important that we give back and pay back Chi Phi in big ways when we can. Our students – our brothers are doing great things, and they deserve our support.”
Several months before learning about this gift, the Grand Council and Chi Phi Educational Trust both adopted a Donor Bill of Rights that outlines the importance Chi Phi places on honoring a donor’s intent. Item 6 from the policy specifically states, Chi Phi donors have the right “to be assured that information about their donation is handled with respect and with confidentiality to the extent provided by law and the policies of the Chi Phi Fraternity and Chi Phi Educational Trust.” The Trust hopes and intends to follow this principle for many more like-minded anonymous donors in the future.