|
Dues go to the Fraternity, but not all donations go to the Fraternity. Some go to the Foundation. The capital campaign currently under way is for the Fraternity, not the Foundation.
The Foundation holds its own fundraising efforts. You can give money to the Foundation or to the Fraternity. When ya make a donation to the foundation, they remind you to make it payabe to the Lambda Chi Alpha Foundation.
The Foundation has had an endowment at its core since its creation in the 1950's. The Fraternity has operating capital and some investments. But I'd guestimate that the Foundation has 100X more cash and investments then the Fraternity does.
|