WAYS TO CONTRIBUTE

IOTA PHI THETA FRATERNITY 
Established as an "economic development corporation to promote, preserve, and protect the infrastructure of our community. The Foundation has developed a unique approach to effect positive change." The IOTA LAND represents a project built and purchased by IOTA men and a forward step towards an economic development movement.

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Capital Campaign

The capital campaign will include establishment of scholarship endowments, National African American History Museum $100,000 commitment, HQ building fund, Iota Youth Alliance (IYA), and various natural disaster relief effort fund.

Planned Giving 

Enables a donor to confer a gift at the time of their death; or give a large gift immediately while receiving income during the donor’s life

Loyalty Fund 

NIF has established a Graduate Loyalty Fund whereby members of Iota can directly contribute dollars to the Foundation. The proceeds will be disbursed among various internal fraternity programs and help reduce the expense incurred by our Brothers

General Asked Questions

       “Donors should consult with their personal tax advisors in regard to the specific effect of charitable gifts in their particular circumstances.”
  • OUTRIGHT GIFTS OF CASH

    Gifts of cash are the most common way of supporting the National Iota Foundation. Your gift is tax-deductible. Presently the Foundation has three categories of cash gifts:

  • MILLION DOLLAR CLUB

    A pledge of $1,963, through an initial payment of $250 and the balance of $750 over the course of three years in increments of at least $250.00. The goal is to have 1,000 brothers contribute $1,963, each, creating a $1 million endowment. The interest from the endowment will be used to fund Foundation activities and operations. Once the $1,963 pledge is completed, donors receive an embossed plaque and a jewel-encrusted Foundation lapel pin.

  • GIFTS OF OTHER CAPITAL ASSETS

    It may be to your advantage to make a gift of other capital assets include real estate, works of art, insurance, antiques, jewelry, etc. The advantages of any particular gift depend on the donor’s circumstances. One’s estate assets may be distributed over the owner’s lifetime in order to reduce future estate taxes and administrative costs.

  • MATCHING GIFTS

    Many companies have a program that matches gifts to non-profit tax-exempt organizations. This information and the appropriate forms are available in your employer’s personnel department.

  • CHARITABLE GIFT ANNUITY

    A Charitable Gift Annuity is a contract between an individual and the National Iota Foundation. The individual donates assets to the National Iota Foundation in exchange for a guaranteed payment for tax purposes as a combination of non-taxable income, capital gains income, and ordinary income. A Charitable Gift Annuity:

    • Provides income for the donor and/ or beneficiary;

    • Provides a charitable income tax deduction;

    • Eliminates capital gains tax;

    • Provides professional investment management; and

    • Provides professional investment management.

  • CHARITABLE LEAD TRUSTS

    A Charitable Lead Trust is an individually-managed trust that pays an annuity or a fixed percentage of the assets to the National Iota Foundation for a specified number of years. At the end of this period, the assets are passed on to the beneficiaries named by the donor. The Charitable Lead Trust:

    • Enables the donor to transfer assets to heirs at reduced gift and estate tax costs;

    • Provides a way to transfer the full-appreciated value of assets to beneficiaries with no further gift and estate tax at the termination of the trust.

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