GIVING OVERVIEW
YOUR GUIDE TO GIVING YOUR SUPPORT TO OUR UNDERGRADUATES
A gift to the Alpha Sigma Phi Foundation will help the Fraternity continues to be the co-curricular and continuing organization of choice for college men. By selecting one or more of the gift options described below, members will directly invest in the mission and values of Alpha Sigma Phi by exemplifying our value of charity.
All gifts, apart from planned gifts, can be made via one of the following three methods by check, or debit/credit card.
Online: Online gifts can be made by visiting this website.
By Mail: Checks made to the “Alpha Sigma Phi Foundation”can be mailed to:Alpha Sigma Phi Headquarters, 710 Adams St. Carmel, IN 46032.
By Phone: A member of the Foundation team can take your gift over the phone by calling Headquarters, 317-843-1911.
Investors in the Foundation also enjoy the tax benefits available through the tax-exempt organization status of the Foundation, to the extent permitted by IRS regulations (TAX ID number: 14-1908351).
ONE-TIME GIFT
A one-time gift to the foundation can be made payable by check, cash, or debit/credit card. Gifts can be made in three ways:
One-time gifts can also be made by stocks or publicly traded securities. Appreciated publicly traded securities can be transferred electronically, or through documents filed with your broker, to the Alpha Sigma Phi Foundation. We recommend speaking with your tax-return preparer to discuss how this gift can help you avoid capital gains tax and receive an income tax deduction. If you would like to further discuss a gift of this type, please contact
Samir Hafiz, Director of Foundation, at shafiz@alphasig.org or by phone at
317-843-1911 x244.
RECURRING GIFT - AUTO PHI SOCIETY
A gift that is processed automatically on a schedule determined by the donor (i.e., monthly, quarterly, annually, etc.). These gifts are made on a recurring basis, or for a period of three, four, or five years.
PLEDGED GIFT
Pledge gifts are made over a designated time period of up to five years. Pledge gifts can also be made in the same manner as a one-time gift.
PLANNED GIFT
The Alpha Sigma Phi Foundation offers several options for our alumni members and supporters to leave a planned gift. Any planned gift option leads to recognition as a member of the Foundation's Manigault Society. If you are interested in learning more, please contact Sam Harris, Assistant Director of Foundation Operations, at sharris@alphasig.org or by phone at 317-843-1911 x227.
BEQUESTS
Made through a will or living trust. Donors may designate the Alpha Sigma Phi Foundation as the beneficiary of a death-time gift by cash or other assets. Making a bequest enables a donor to make a larger gift without impacting the donor’s financial position during their lifetime.
BENEFICIARY DESIGNATION
The donor names the Alpha Sigma Phi Foundation as a direct or contingent beneficiary of one or more retirement accounts, IRA’s, life insurance policies, annuity contracts or other assets. Because the benefits are paid at death without jeopardizing the donor’s financial security during life, this option allows for a larger or supplemental gift than might be possible during the donor’s life.
LIFE INSURANCE POLICY
During the donor’s life, he assigns an unneeded life insurance policy to the Foundation. If the policy is a “permanent” (not a “term”) policy, the cash value of the donated policy is tax deductible, in addition to any future premiums the donor pays on the Foundation owned policy. The Foundation would be named the owner and beneficiary and will receive the death benefit upon the donor’s death.
BANK ACCOUNTS & CDs
You can name the Alpha Sigma Phi Foundation as the “payable-on-death beneficiary” of your bank accounts (savings or checking) or on any certificates of deposit. Upon your death, the assets will pass directly to the Alpha Sigma Phi Foundation without going through probate. Visit your bank and request a beneficiary on your accounts or CDs. You can change beneficiary designations any time you wish.
CHARITABLE GIFT ANNUITIES
A charitable gift annuity is a simple contract between you and our Foundation. In exchange for your irrevocable gift of cash, securities, or other assets, we agree to pay you a fixed sum each year for life. The older your designated annuitants are at the time of the gift, the greater the fixed amount Alpha Sigma Phi Foundation can agree to pay. In most cases, you may receive an immediate deduction for a portion of the value of the contract and part of each payment may be tax-free, increasing each payment’s after-tax value. Payments may be made annually, semiannually, or quarterly.
GIFT MATCHING PROGRAM
DOUBLING OR EVEN TRIPLING YOUR GIFT AMOUNT
Many companies offer matching programs to double the charitable gifts of their employees. Not all programs will match to fraternity foundations. However, it doesn't hurt to ask, and this is a painless way to double the impact of your giving.
In most cases, all you or your spouse needs to do is talk to the Human Resources Department and request a matching gift form. Complete the form and send it along with your gift to the Foundation.
If you need assistance filling out your employer's paperwork, or if you have questions about participating in the matching gift program, contact please contact Alpha Sigma Phi Headquarters at tbtm@alphasig.org and ask for a member of the Foundation staff.
Not sure if your company matches your gift? The following list are companies and foundations that have provided matching gifts to national Fraternity & Sorority Educational Foundations such as Alpha Sigma Phi Foundation, according to the North-American Inter fraternity Conference's annual Foundation Survey. If your company matches charitable gifts and is not on the list, please let us know by sending an email to the address above, so that we can add your company to the list.