Thread: FHQ Website
View Single Post
  #9  
Old 08-02-2005, 09:30 PM
TxGirl TxGirl is offline
GreekChat Member
 
Join Date: Jun 2001
Location: The Eyes of Texas are Upon You!
Posts: 217
Send a message via AIM to TxGirl
National semi-annual dues have been $55 per member for a long time. They are going up to $60 per member this fall. Remember too that this is only for collegiate members. Funds donated to Foundation can only be used for academic purposes as defined by the IRS - which is why it is tax deductable.

This is a topic that has interested me as of late b/c it seems that many groups are struggling with this. They want to be able to provide more services to their members (collegiate and alum) but don't have the funding. Tri-Delta recently went to charging for their national magazine to be recieved for the entire year - if I remember correctly you get one or two if you don't pay. They had a big write up in their magazine about it and an irrate letter from an older alum who was very upset about it. She made reference to supporting their foundation for years - but I don't know if she didn't realize that that money can't be used for things like the magazine or website.

I know that I never thought about this myself. I was thinking - "cool I get to help support AXiD AND get a tax deduction" - not about what it could legally go toward! So, next time I get the spare cash - I'll either be donating directly to the general fund of the fraternity or to the National Housing Corp.

I will step down off my soapbox now!

s
Reply With Quote