Established: October 18, 2008
Official Name: Indiana University Chapter Endowment
Benefactor: Indiana University (Gamma Chi)
Permanently Restricted Endowment Corpus: $56,394.57 (7/1/17)
Spendable Balance: $4,214.79 (7/1/17)
2017 Annual Statement
History of Endowment
This endowment was established to support the Gamma Chi Chapter at Indiana University in Bloomington, IN.
Every gift designated to benefit a chapter will be allocated in the following manner: 70% Temporary Chapter Fund, 20% Permanent Chapter Endowment and 10% Fund for Alpha Sigma Phi.
Priority should be given to undergraduate academic scholarships and leadership programming scholarships. The Foundation may make Qualified Housing Grants to or for the benefit of the chapter. The Foundation may, at its discretion, invest all or any portion of the assets of the Chapter Endowment in loans to the House Corporation for the purpose of construction, renovating or furnishing the housing facilities of the chapter.