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Ohio Northern

Ohio Northern Endowment

Established: 2017


Official Name: Ohio Northern University Chapter Endowment

Benefactor: Ohio Northern University (Gamma Alpha)

Permanently Restricted Endowment Corpus: $300.00 (7/1/17)

Spendable Balance: $0.00 (7/1/17)

Statements: 

2017 Annual Statement

History of Endowment
This endowment was made to support the Gamma Alpha Chapter at Ohio Northern University.

Criteria Restrictions
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.

Endowment Restrictions
The Endowment's distributions shall be utilized exclusively for the following purposes:

  • To provide funds to support the chapter for leadership, educational, academic and philanthropic purposes.  Some examples include but are not limited to the following: registration costs to attend leadership programs (Fraternity, campus, other); merit or needs based scholarships for members, new members and/or potential members; educational speakers or workshops; chapter or prudential board retreats, etc.
  • To provide funds for scholarships (partial or full) for undergraduate members to attend Fraternity leadership and educational programs that could include but are not limited to:  Academy of Leadership, Burns Leadership Institute, Better Man Weekend, Elevate: National Leadership Conference, Grand Chapter, Sig Experience, etc.  
  • To provide funds for academic and/or needs based scholarships (partial or full) for qualified members currently enrolled as full-time undergraduate or graduate students.

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