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When you contribute to the Alpha Kappa Psi Foundation, you're helping our talented young members realize their potential through funding programs such as The Academy and numerous scholarship opportunites.
The Alpha Kappa Psi Foundation is a public 501(c)(3) charitable educational foundation. With this designation, contributions to the Foundation are tax deductible to the fullest extent of the law.
Cash
Most of the gifts made to the Foundation are in the form of cash through a check written by the donor.
Visa, MasterCard, American Express and Discover
Making contributions by using a credit card has become a very popular method of contribution. These gifts are considered the same as a cash gift for tax purposes.
Securities
Gifts of stocks or other securities offer a two-fold tax savings. First, the donor avoids paying any tax on the increase in value of the stock since its purchase. Second, the donor receives a tax deduction for the full fair market value of the stock at the time of the gift.
Bequests
Making a provision for Alpha Kappa Psi in your will or trust is a simple process and can be done at the time of its creation or as an addition to an existing document. It will also qualify you as a member of the Clifford Spangler Society, a special donor recognition club. The Clifford Spangler Society recognizes members and friends who have made planned gifts to the AKPsi Foundation.
Gifts-in-Kind
Gifts-in-kind (art objects, equipment, real estate, etc.) are welcomed by the Foundation. However, it is necessary to review such gifts before hand to ensure that acceptance will not involve financial commitments or other obligations disproportional to the usefulness of the gift itself. In most instances, gifts-in-kind will be accepted only if they can be liquidated and the value added to the Foundation's asset base.
Funding a scholarship endowment
Through an endowment, a gift is invested and only its interest income is used to support the scholarship. The principal is never expended so the fund and the resulting scholarships remain in perpetuity. The donor may name the endowment and fund it with an outright gift of cash, appreciated securities or through a bequest in the donor's will. To successfully endow a scholarship, the Foundation suggests a gift valued at a minimum of $10,000.This level may be met either in a single gift or in smaller amounts over a designated period of time.
Matching Gifts
Want to double your gift to the Alpha Kappa Psi Foundation? Many employers (companies/corporations/foundations) have established plans that provide incentives for their employees to make gifts to not-for-profits. If you are employed by an organization listed below, inquire how you can take advantage of its matching gift program, thereby boosting your personal donation substantially, often doubling or even tripling your gift! If you don't see your company listed here, we recommend that you check with your employer to determine if a matching program exists. The Alpha Kappa Psi Foundation is a 501(c)3 organization and may be an eligible recipient. The following listing contains organizations that have supported fraternal foundations, including Alpha Kappa Psi:
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AEGON Transamerica
Aetna
Allegheny Technologies
Alliant Techsystems
Altria Group
Ambac Financial Group
American Home Products
American International Group
Anthem Health
Aon Foundation
ARCO
Arco Chemical Company
Argonaut Group
Augusta Service Company
AXA Foundation
Bank of America
Bay Networks
BellSouth Corporation
Berwind Corporation
BestFoods
BP America
Bridgestone/Firestone
Brown & Brown Insurance
Cape Savings Bank
Capital Group Companies
Chemical Bank
Chubb & Son
Cincinnati Bell
Citibank Corporation
Citicorp
Citicorp Data Distribution
Coca Cola Enterprises
Columbia House
Compaq
Computer Associates
Countrywide Financial
CPC International
Dana Corporation
Deloitte & Touche
Deutsche Bank
DMC West
DST Systems
EmilyWaters Foundation
Enron
Equistar Chemicals
Fair Isaac Corporation
Fidelity Investments
First Data Corporation
FM Global
Freddie Mac
Gateway 2000
Gallo
Gannett
General Re Group
Globe Foundation
Hartness International
Hawaiian Electric Industries
Henry Hornblower Fund
Hewitt Associates LLC
Household International
IDS Financial Services
Illinois Tool Works
The John E. Fetzer Institute
John Hancock Financial Ser.
Johnson Controls
JPMorgan Chase
Key Foundation
Kimberly-Clark
Lilly Endowment
Los Angeles Times |
Lubrizol
Lumina
Lyondell Chemical Company
MacArthur Foundation
Mass Mutual Financial Group
MasterCard International
May Department Stores
McDonalds Corporation
Meritage Corporation
MicroSoft
Miller Brewing Company
Moen
Mony Foundation
Mutual of America
New York Life Insurance
Nissan North America
Northrop Grumman
Newport News
Owens Corning
PepsiCo
Pfizer
Phoenix Companies
The Playboy Foundation
PQ Corporation
Purina Mills
Quad Graphics
R.H. Donnelley Corporation
R.T. Dooley Construction Company
Reader's Digest
Remmele Engineering
Rockdale Foundation
SAFECO Corporation
Salomon Brothers
San Antonio Foundation
Schindler Elevator Corporation
Scripps Howard
Sonat Foundation
Stelter Company
Student Loan Funding Resources
Sundstrand Corporation
Sun Microsystems
Susquehanna Partners
Swisher International Group
Temple-Inland Foundation
Thrivent Financial for Lutherans
Time Warner
Towers Perrin
Transamerica
Tull Charitable Foundation
Unilever United States
United Technologies
US Bancorp
US West
UST
Verizon
Vivendi Universal Entertainment
Wachovia
Wal-Mart
Washington Mutual
Wells Fargo
Wells Fargo Bank
The Williams Companies
World Reach Inc. (Hewlett Packard)
Xcel Energy
Xerox Corporation |
For more information on making a tax-deductible contribution, contact the foundation at (317) 872-1553, or write to: Alpha Kappa Psi Foundation, 7801 East 88th Street, Indianapolis, IN 46256. The foundation can also be contacted by e-mail at foundation@akpsi.org |
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The 2009-10 Annual Fund Campaign will end on June 30.