But that individual cannot make a tax-deductible cotribution to a 501(c)(7) which is what the BGLO's are (unless Iota is incorporated differently.) Does Iota have a 501(c)(3) foundation? If so the donations would have to be made into it as a conduit with the foundation then funneling it back into the chapter. And there are regulations for a 501(c)(3) acting as a conduit, so that would have to researched as well.
But all in all, I am all in favor of looking into any ideas that will raise monies for a chapter to do it's good works.
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DSQ
Born: Epsilon Xi / Zeta Chi, SIUC
Raised: Minneapolis/St. Paul Alumnae
Reaffirmed: Glen Ellyn Area Alumnae
All in the MIGHTY MIDWEST REGION!
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