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Old 04-15-2005, 03:20 PM
Wolfman Wolfman is offline
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Join Date: Dec 2003
Location: North Carolina
Posts: 1,026
The problem between the Kappa Sigs and their foundation is really not all that unusal, albeit it may be rare.This situation can occur when you have two independant corporations with different boards of directors, even when there is some overlap. The positive aspect of this is that entities like the fondations can legally shield the fraternities in some cases (in terms of risk management concerns), and provide other benefits to the members and organization in more efficient ways. Here is my fraternity's foundation's website: <http://www.olmf.org>.

"The value of our fraternity is not in numbers, but in men in real brotherhood..."-Bro. Walter H. Mazyck,Esq.,The Oracle, 1025.
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