Not sure if you are talking about just Canada, but in the US, the only tax eductable money to a Greek Org is for Educational Purpose only!
Not to the Chapter or the building fund, etc.
The IRS in its finuted wisdom will not allow the Educational Foundation to eve make bonafide loans for other purposes which sucks considering all of the Crap that the Major Corps are do ing and getting away with for taking emplyees retirement.
Hell all we want to do is help build our Chapters, Houses where Members can live usually cheaper than school housing and getting less as Govt. money is being taken away for the schools!
My dumb assed school tore down 2 dorms and built a plaza, Da! But we cannot have Freshmen living in the chapter house!
Murphys Law of Stupidity! (?)
