Alumni Fundraising Update #3

To: Theta Chi UC Davis
Zeta Xi Chapter Alumni Brothers

From : Alumni Board

Ref: 501 Russell Blvd. House - Fundraising Update #3

Hello Zeta Xi Brothers,

This is our Call to Action: If you have not yet made a donation or pledge to our fundraiser to rehab 501 Russell Blvd, now is the time to do so.

The alumni board has been hard at work gathering bid proposals, prioritizing what items need to be completed to ensure health and safety, satisfy the inspection items from the City of Davis, and prevent the house from deteriorating.   We are quickly approaching the time when we have to make final decisions and sign contracts, so we need to know the budget that we have to work with.

Update on the challenge to match our three lead donations totaling $150,000 - as of May 10th we have received pledges and donations from 28 different alumni brothers totaling approx $81,000.   We are less than $70,000 away from meeting our goal of investing $300,000 into our house.   Every donation counts, we've received pledges of $20, $501, $2,000 and $10,000; please consider giving any amount that you are able. 

In addition, we've received a commitment that each undergraduate brother who will be a member in Fall 2024 has made a pledge, and will be contributing to the rehab fund.       

If you have any question about the fundraising effort, the plans we have for the house, the alumni or undergraduate chapter, or just want to check in and say hello, please consider joining us for a Zoom call on Monday, May 13th, at 7:00 PM.

The alumni corporation is a registered Nonprofit Corporation - CA - Mutual Benefit in good standing.  We are 501(c)7 non-profit, similar to an HOA in that funds are collected and expenditures made for the mutual benefit of the membership, with no profit intent.  Accordingly, we're not a 501(c)3 or charity, and not tax deductible.  Always check with your own tax advisor.

The easiest way to donate is via a Zelle Email: alumniassoc501@gmail.com

We can also accept donations via check made payable to:
Zeta Xi Chapter of Theta Chi Fraternity Alumni Association

and mailed to the Alumni Treasurer

James Beall
225 S. Edgar Ave
Fullerton CA 92831

Thanks for your donations to date, and please help us spread the word to alumni brothers in your networks.

Fraternally,

Eric Tennyson
Alumni Board President