The undergraduate members themselves have made two commitments to start the Building On Excellence campaign. First, they pledged $30,000 to the Building Fund as the first step towards naming a study room in memory of Lisa Ly, one of their sisters who unexpectedly passed away during the 2016-2017 school year. Additionally, the chapter has voluntarily voted a $100 per member increase in their building fee, which will result in an additional contribution of more than $100,000 over the course of the campaign.
If you are as inspired as we are by the commitment and generosity of the undergraduate chapter, we invite you to join them and alumnae across the country in supporting this project with your gift today.
To ensure that gifts are tax-deductible, we have partnered with the Alpha Delta Pi Foundation, a 501(c)3 public charity exclusively committed to educational and charitable programs that assist the sisters of Alpha Delta Pi. All gifts to this effort will be directed to the Foundation, which will then provide the contributions to the House Corporation for the benefit of Gamma Iota Chapter. This partnership provides us with the professional infrastructure needed to sustain a 5-year timeline of activity. The Alpha Delta Pi Foundation will provide professional stewardship for our project, including the timely acknowledgement of gifts made, tracking and sending reminders as needed for multi-year pledges, and the ability to accept gifts of appreciated securities (saving the donor capital gains tax) or other types of tangible property.
Gifts may be spread out over a period of up to five (5) years, and the opportunity to name a room or portion of the house, either in your own name or in honor/memory of another, is available through leadership gifts.
Thanks to this partnership with the Alpha Delta Pi Foundation, there are many options available that can help make your gift as meaningful and tax-efficient as possible:
Gifts of Securities
With the stock market run-up over the last few years, one of the best methods for charitable giving involves contribution of appreciated stocks and bonds. You can avoid capital gains taxes on appreciated securities you donate and you can deduct the full fair market value of the gift from your taxes in the year you make the gift. They can be transferred electronically from your brokerage account or they can be sent through the mail in certificate form. To make transfer arrangements, please contact the Foundation at (404) 378-3164 or by email at foundation@alphadeltapi.com.
One-Time or Recurring Gifts
Alumnae may contribute either a one-time or recurring gift by credit card or automatic bank draft in one of two ways:
Online: Visit the Alpha Delta Pi Foundation website and click the “Give” link. In the “Give Back” section, choose either:
“Donate - Single Gift” - in the drop-down asking “I want my gift to make an impact through”, select “Other.” In the “Note regarding my gift” box, type Gamma Iota Educational Housing Fund.
“Donate - Recurring Gift” - in the “If you would like to split your gift between designations …” field choose “Other.” In the “Note regarding my gift” box, type Gamma Iota Educational Housing Fund.
Note: The Foundation has advised us that, as a security measure against fraudulent charges, it is possible that gifts in excess of $5,000 made online may not be accepted by the payment processor. Should this happen to you, simply contact the Foundation directly at (404) 378-3164, or by email at foundation@alphadeltapi.com, and they can assist.
Additionally, please use only numbers in the amount of your contribution when entering it on the Foundation’s contribution form; for technical reasons the use of a comma or other items will cause the contribution to be rejected.
Mail - Complete a pledge form and mail it to the Alpha Delta Pi Foundation.
Gifts By Check
Designate your gift to our account by including Gamma Iota Educational Housing Fund in the memo field of your check made payable and mailed to:
Alpha Delta Pi Foundation Gamma Iota Educational Housing Fund 1386 Ponce de Leon Avenue, NE Atlanta, GA 3030
Gifts From Your IRA
Individuals aged 70½ or older can make gifts up to $100,000 per year using funds transferred directly to the Alpha Delta Pi Foundation from their IRA without paying taxes on the distributions. The transfer generates neither taxable income nor a tax deduction, so you will benefit even if you do not itemize your tax deductions. In addition, your IRA gift can count toward your minimum required distribution in the year the gift is made, as long as you have not received your distribution for the same year.
Tangible Property
These types of gifts include land, artwork, coin or stamp collections, or other personal property. The donor should arrange and pay for a third party, independent and qualified appraisal of the tangible property. As with a gift of securities, gifts of tangible property enable the benefactor to avoid a capital gains tax and claim the fair market value on the property, as opposed to the cost basis.
Estate Gifts
Though the campaign is focused on current, cash gifts, estate gifts will be accepted and included in our campaign totals. Estate gifts may not, however, be used to name a portion of the Chapter house until the gift is actually received from the donor’s estate
A Final Word
With so many moving parts and so many women who are passionate about helping the chapter, please forgive us if more than one of our well-meaning sisters reaches out to you about the campaign. They are doing their best to ensure that everyone has the opportunity to participate in this historical project, so please take it simply as a sign of great enthusiasm for Gamma Iota’s new home if you are contacted by more than one sister!
Also, please keep in mind that you may apportion your gift in any way you like. If you are asked to support a city/regional effort as well as a pledge/Alpha class effort, feel free to allocate your campaign contribution in any percentage you like to each.
For more information on gifts to support the Building On Excellence campaign, please contact either:
Mary Jo Holland-Cancelmo (1966) mjhc423@gmail.com (863) 221-3462 Lohse Barten Beeland (1967) lbbeeland@gmail.com (352) 240-2930