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Sigma Kappa Foundation

Sigma Kappa Foundation. Collegiate Chapter Presentation. Foundation Basics. Located at Sigma Kappa National Headquarters in Indianapolis, IN Supports Sigma Kappa Sorority, its members, and its philanthropic projects. 2010-12 Board of Trustees Becky Vinzant, President

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Sigma Kappa Foundation

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  1. Sigma Kappa Foundation Collegiate Chapter Presentation

  2. Foundation Basics • Located at Sigma Kappa National Headquarters in Indianapolis, IN • Supports Sigma Kappa Sorority, its members, and its philanthropic projects

  3. 2010-12 Board of Trustees Becky Vinzant, President Susan Polizzato, Secretary Nancy Nelson, Treasurer Mary Belding, Trustee Cheri DeJong, Trustee Amy Denson, Trustee Susan Harrington, Trustee Kristen Kirst, Trustee Ann O’Connell, Trustee Laura Owsley, Trustee Judy Rostad, Trustee Marylou Turner, Trustee Staff Executive Director Lisa Fedler Swiontek Director of Development Laura Dragoo Mickler Annual Fund & Communications Manager Katie Kowalski Donor Services Coordinator Malana Harpst Foundation Management

  4. How does the Foundation Raise Funds? • Chapter Giving • Collegiate • Alumnae • Corporate Giving • Corporations • Employer Matching • Foundations • Individual Giving • Collegians • Alumnae • Parents • Friends of the Foundation

  5. Giving Basics • Donors can receive a tax deduction for their donation. • Donors may donate by: • Giving Online • Giving via phone • Giving via mail • Giving in person (to an trustee, staff member, or Ambassador)

  6. 1874 Giving Circle • Collegians only! • $18.74 per year • Can “catch up” • $37.48 (paying 2 years) • 56.22 (paying 3 years) • 74.96 (paying 4 years) • Standards of Excellence Requires 2-20% of members participating for 1-5 points

  7. 1874 Giving Circle Grants • Chapters with at least 35% of their chapter members giving to the 1874 Giving Circle are eligible to apply for a grant. • The grant can be used for a community project. • 2011 was the first year grants were awarded-Beta Zeta, University of Maryland, was the first chapter to win!

  8. Chapters can contribute through: Ultraviolet Campaigns Outright giving from chapter funds Other philanthropic efforts For SOE-chapters should give “unrestricted funds” Platinum Circle $5,000+ Gold Circle $2,500-4,999 Silver Circle $1,000-2,499 Bronze Circle $500-999 Whole Chapter Giving

  9. Collegiate Giving • In 2010, Sigma Kappa chapters contributed over $240, 000 to the Foundation! • 889 Members were a part of the 1874 Giving Circle

  10. 35% Rule for Chapters • IRS rules state that chapters can not raise funds over 35% of their yearly income. • Sigma Kappa NHQ notifies chapters each year of their respective 35%. • If money is not passed through the chapter treasury, it does not count toward the 35% • Ex: Have participants write their checks directly to the SK Foundation—even if chapters send fifty $5 checks, the Foundation can process them!

  11. More Questions on 35%? • Don’t worry! Work with your CPO if you have questions about the 35% rule.

  12. Fundraising Event/Activity Approval Form • Must be filled out and submitted to ABC & CPO 3 weeks prior to event • Allows time for corrections if needed • Helps ensure the chapter will not exceed 35% Rule • Chapter funds should be budgeted to cover the costs of the event (supplies, etc.)

  13. 7-20-11 $550.00 Sigma Kappa Foundation Five hundred and fifty and 00/100 Suzy Q. Sigma Alzheimer’s & Annual Fund Writing the Check • Make Payable to Sigma Kappa Foundation • Do Not Abbreviate Sigma Kappa as Greek Letters • Send in with a Contribution Form • Note Restrictions, not Fundraiser in Memo Field • We Cannot Cash Checks to the Alzheimer’s Association • We Cannot Cash Checks to the Sigma Kappa Sorority • Ensure Legal Amount and Written Courtesy Amount Match

  14. Types of Gifts • Unrestricted Gifts • These gifts allow the Foundation to use the money where it is most needed • UltraViolet campaigns support the Foundation with Unrestricted Gifts • Programs supported by Unrestricted Gifts: • Alumnae Continuing Education & Founders’ scholarships • COTS and convention speakers/programs • Transitions E-Newsletter • Upkeep and maintenance of NHQ building • Sigma Kappa Sorority grants • Alcohol and Drug Abuse Prevention • Citizenship and Career Development • Promise • Leadership Consultant Program • Leadership & Educational Programs • RESPΣKT Anti-Hazing Program

  15. Types of Gifts • Restricted Gifts • Used for a specific purpose, as designated by the donor. • Alzheimer’s/Gerontology • Educational Area Grants • Disaster Relief & Emergency Financial Aid • Maine Sea Coast Mission • Specified scholarships • Other Endowed Funds

  16. Restricted Funds: Alzheimer’s/ Gerontology • National partnership with the Alzheimer’s Association • Research grant awarded each year • Sigma Kappa members participate in and raise funds for the Walk to End Alzheimer’s.

  17. Restricted Funds: Leadership & Educational Grants • The Foundation grants money to the Sorority each year for programming including: • COTS/Convention • RESPΣKT • Promise Program • Leadership Consultant Program

  18. Restricted Funds: Disaster Relief & Emergency Financial Aid • Available to any alumnae or collegian in good standing who finds herself in distress due to a presidentially-declared disaster • Sisters can apply for up to 6 months after the disaster.

  19. Restricted Funds: Maine Seacoast Mission • Sigma Kappa’s first philanthropy. • Celebrating 100 years of partnership with Sigma Kappa in 2011. • Sigma Kappa provides money for scholarships, emergency relief, and the Christmas program. • Funds only can be accepted by the Foundation. Items must be mailed directly to the Mission.

  20. Restricted Funds: Scholarships • Over 40 scholarships are available to Sigma Kappa collegians and alumnae. • Some scholarships are chapter or major-specific, while others are open to everyone. • Scholarship applications are due March 15th • Apply online at www.sigmakappafoundation.org

  21. THANK YOU! • The Foundation supports Sigma Kappa Sorority • Both alumnae and collegians are important to the Foundation’s success. • Don’t ever hesitate to ask if you have any questions! Sigma Kappa Foundation 8733 Founders Road Indianapolis, IN 46268 317-381-5531 foundation@sigmakappa.org

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