Eta Xi House Corporation

GREAT NEWS!

As of 10/18/16

We have $57,268 cash on hand. 37 people are taking part in the monthly bankdraft, bringing in $1,115 per month


The Eta Xi Chapter and House Corporation would like to thank all of those who have graciously donated to the capital campaign in the past. We are currently in a very important stage of the capital campaign. The reality of a new chapter house for Eta Xi is as close as ever…..and your support can make the difference!

Please consider making a donation to help secure the future of the Eta Xi chapter. Your support brightens the shine of our White Cross.

Capital Campaign

Since 1973, The Eta Xi Chapter has been producing leaders of men along with creating unbreakable bonds of Brotherhood. Our experiences through Sigma Chi are irreplaceable and as alumni it is our duty to make sure that the current and future undergraduates of the Eta Xi Chapter have the same experiences as well all had.

Brothers, on behalf of the Eta Xi House Corporation it is time for a call to arms to provide a permanent housing option in which past, present, and future brothers can call home. Listed below is the new strategic vision of the Eta Xi House Corporation which outlines our mission to provide a permanent housing option for all Brothers.

Contributions

As of May 15, 2015

Physical Cash Received $83,011.43
Outstanding Cash $81,301.00
Outstanding In-kind estimate $40,000.00
Total Capital Campaign Commitments (May 2015) $204,314.43
Incurred Expenses Demolition $6,869.52
Land Acquisition $22,581.58
Postage, Printing, Misc. $5,746.10Architect Fees $17,076.25
Total Expenses $52,273.45
Cash on hand $30,737.98

“The Lifelong Commitment”

The Lifelong Commitment is a monthly/Quarterly/Semi-Annual automated bank draft program established through Planters Bank in Clarksville, TN. This program allows a donation to be directly withdrawn from your bank account Justas you would with any other monthly withdrawal i.e. Electric, Water, Cable, etc… Benefits of “The Lifelong Commitment” -Ease of use: the program is run “in-house” meaning that a Sigma Chi Brother will process all transactions. No third-party or outsourced call center to deal with.

All issues can be addressed by phone to Board Members: Lance Joyner or Josh Baggett -Minimal cost to the House Corporation: Through past withdrawal efforts (PayPal) there have been high service costs (2.9% +.30 cent Fee PER TRANSACTION). Through the Planters Bank automated bank draft system, the House Corporation is charged a flat rate of $15 per month. There is no limit on the number of transactions we can process or members we can sign up.

Potential Monthly Giving Totals

50 Brothers 100 Brothers 200 Brothers 400 Brothers
$20 Avg $1,000 $2,000 $4,000 $8,000
$30 Avg $1,500 $3,000 $6,000 $12,000
$40 Avg $2,000 $4,000 $8,000 $16,000

Currently there are 750 members of the Eta Xi Chapter

Donate Now!

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