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Old 10-24-2010, 05:06 PM
Titchou Titchou is offline
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Join Date: Jul 2003
Location: Sweet Home Alabama
Posts: 4,606
Building is a challenge in many places as donations to house corporations are not tax exempt. Giving to a GLO's foundation for the educational portions of a house is the only allowable tax deduction at this time - IF the particular foundation is willing to handle the transaction. The need to pass the Collegiate Housing and Infrastructure Act (CHIA) is HUGE so that we can fundraise for bricks and mortar.

There are a very few places where the state government allows their university foundations to take donations for all of the structure, not just the educational portions, and even fewer schools that have bond money they can loan to the Greeks to build. One such is Alabama. Too bad all states don't see the benefits of having us house their students.
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