Chapter Investment Funds

Chapter Investment Funds

A chapter investment fund (CIF) is an endowment-type account held by the Foundation that allows alumni and friends of the Fraternity the ability to make a tax-deductible gift to Pi Kappa Phi and restrict that gift to a specific chapter.

To create a new CIF, a fund must reach a minimum balance of $25,000 within five years of its establishment. One large gift may fulfill the minimum balance, which can be capitalized with multiple gifts from a group of donors. Once a chapter investment fund has reached a minimum balance of $10,000, grants may be made from that fund to the chapter for qualified educational expenses, including scholarships, conference registration fees and related travel expenses.

Each year, the Foundation allows four percent of the CIF (based on the previous year’s December 31 closing balance) to be used to support educational initiatives at the chapter level. Working with local alumni volunteers like the officially appointed chapter advisor, housing corporation volunteer or other appointed liaison, the Foundation helps drive important educational and leadership development outcomes through the CIF program.

For more information please contact the foundation by emailing us here.