What Are Some of the Ways Your Contribution Will Be Used?

The Foundation is responsible for promoting and enhancing educational opportunities, through scholarships and leadership development, for active brothers and pledges of the Beta Psi Chapter of the Sigma Chi Fraternity at The Georgia Institute of Technology.

More information about the scholarships currently being offered, can be found here.

How Will Your Contribution Be Invested?

Our investment policy provides that we manage our funds to maximize our return in a manner consistent with our anticipated risk and our need to use these funds to carry out our mission. We invest in a portfolio of stocks and bonds and earn a market- competitive rate of return.

We invest in an appropriate mix of stocks and bonds using no-load mutual funds and exchange-traded funds (ETFs). We are not in the business of “picking stocks.” Our Finance Committee measures the investment performance by comparing the performance of the Foundation's funds against standard industry metrics for the types of securities involved.

Ways to Give

Annual Giving

The Annual Fund is our ongoing fundraising initiative.  The purpose of the Annual Fund is to allow the Foundation to use your donation where it is needed most including, but not limited to additional funds for our scholarships and leadership programs, administrative and communication expenses.  Brothers and friends of Beta Psi can give to the Annual fund by giving online.

Young Alumni

We want to encourage you to take a moment and think about how your educational and leadership skills developed while you were a brother in the Beta Psi Chapter of the Sigma Chi Fraternity at Georgia Tech.  We hope that your experience was valuable and that you have continued to live Sigma Chi’s core values of friendship, justice and learning.  We know it is difficult to consider an additional expenditure as a young alumni with the financial obligations you already experience on a daily, monthly, and annual basis.

The Young Alumni Club was started as a way for brothers who have been out of school for 10 years or less to give back.  To help encourage our young alumni to donate, we developed different giving levels that range from the equivalent of two cups of coffee a month to a monthly lunch for 2 people.  Giving levels have been set at:

All donations will go toward the Annual Fund.  We want to keep things in perspective and help you realize that starting a habit of giving can be manageable.  If you are unable to sign up for one of the predefined levels, we encourage you to give at whatever level you can.

When you setup your donation, you can choose to automatically have your credit card billed on a recurring basis so you don’t have to do anything additional once you sign up.  You’ll receive a thank you letter for your records every time your credit card is charged indicating your donation amount.  You can use that letter to record your donations for your tax records.

Your donations are important and help the Beta Psi Foundation continue to develop, encourage and support the future leaders from the Beta Psi Chapter of the Sigma Chi Fraternity.  If you are interested in giving please visit our donation page.   

We are also looking for people to head up the Young Alumni donation drive for each pledge class.  If you are interested in being a pledge class contact please contact us.

Matching Gifts

Hundreds of companies realize the importance of giving back to the community and are getting involved by matching their employees' donations to our organization. By asking your employer to back your commitment, you are making your contribution even more meaningful and increasing its impact on the chapter.  If you are not certain if your company matches you may want to check the GTAA site where they keep a very accurate listing of applicable companies that match gifts to the Alumni Association and in many case will match your Beta Psi Foundation gift also.

Individual Retirement Accounts

Attention Beta Psi Alumni Ages 70 1/2 or Older:

The IRS allows those with IRAs who are 70 1/2 and older to transfer up to $100,000 each year to a charity without recognizing that amount as income.  The transfer must come directly from your IRA custodian to the recipient charity.  This is known as a Qualified Charitable Distribution (QCD) and can satisfy part or all of a donor's required minimum distribution (RMD).

Legacy Society

You can incorporate the Beta Psi Foundation into your planned giving strategy.  Our legacy flyer (coming soon) includes a few ways that donors often make charitable donations through their estate plans.  You can make a gift through bequests, annuities, trusts, insurance policies, appreciated stock and other investment vehicles.  Contributing Brothers will become part of the Legacy Society, and identified gifts will be acknowledged in the Brother’s lifetime giving amount.

You should speak with your financial planner or estate planning attorney if you are considering a planned gift to the Beta Psi Foundation.  If you do not have an estate planning attorney, there are plenty of reputable sources to help you decide including resources available at http://info.charitablegiftplanners.org/leave-a-legacy.  It is up to you to decide who should handle this important part of your estate.  The Beta Psi Foundation does not endorse any estate planning attorneys.

Please contact us if you have additional questions or to notify us of your planned gift.

NOTE: The information contained in our legacy flyer is for informational purposes only and is not intended to be and should not be considered as or relied upon as legal advice.