A Critical Role: Women Engagement in Fundraising

Melissa Proffitt

Melissa Proffitt

Women have played significant roles in our society—working, caring for their families, raising children, volunteering, balancing work and life—all while taking care of themselves. Sometimes in the midst of our busy lives we do not realize the impact that our contributions make on the lives of others. What we have to offer of value is our time, our talents and our treasures. How can we make a bigger impact?

Get Engaged

Being engaged is important—period. Over time, we have seen people of all demographics and backgrounds come together to engage and support areas of passion in order to make a difference. Initiatives with a long-lasting impact will influence the most. A great example is our very own Alpha Chi Omega Foundation. A leader in women's fraternal organizations, the Foundation has created various levels of engagement for all of our sisters and has created ways for even the smallest contributions to make the greatest impact. Their mission is clear: Support the educational and philanthropic purposes of Alpha Chi Omega through effective fundraising and the stewardship of financial resources. To support this mission, the Foundation needs our help. They can't meet their mission without us—we are the ones who can make a difference!

Katie Glick

Katie Glick

The Importance of Giving

As a women's fraternity and female-led organization, the Foundation's primary fundraising demographic consists of women. Study after study shows that women consistently give more than men but in different ways. According to the Women's Philanthropy Institute at the Indiana University Lilly Family School of Philanthropy, women give more across all income levels even though we generally earn less. Why? Because we have been socialized to focus on caring and consideration of the well-being of others, leading us to give in greater amounts to create a larger impact than ourselves. We also think about money differently. Men tend to view money in terms of power and achievement, while women tend to view money in terms of personal security, freedom and a way to achieve goals. With that perspective, women tend to view charity as the most satisfying aspect of wealth.

Our Foundation has provided opportunities for sisters to give across various income levels, focusing on various personal passions. The Foundation allows us to give in an individualized manner.

Be an Example

We encourage you to reflect on your time and experiences at your college and ask yourself, would my experience have been possible without the impact of Alpha Chi Omega and the benefits it offered me? If Alpha Chi Omega had a positive impact, ask yourself how you can give back, provide a thank you and pay it forward. Your financial contributions will help provide scholarships, leadership training and educational programming for personal development. It will help Alpha Chi Omega sisters become "Real. Strong. Women."

Alpha Chi Omega's core values are wisdom, devotion and achievement. Contributing to the Foundation will support the work of our sorority, our values and our sisters for generations to come. Our ask of you today is simple: Give back financially. Leave your own legacy on our sisterhood and "Seek the Heights" for future generations.

Melissa Proffitt is an office managing partner at Ice Miller LLP, an Indianapolis based law firm, and a 1979 initiate of the Alpha Mu Chapter at Indiana University. Katie Glick is the agribusiness strategy manager at Ice Miller LLP and is a 2004 initiate of the Alpha Beta Chapter at Purdue University. Both women are actively engaged in their communities, state, politics and various fundraising efforts.

Pay It Forward

How can you give back and pay it forward for future sisters? Learn more about how you can leave a lasting impact on our sisterhood and "Seek the Heights" for future generations by contacting Elizabeth Donaldson at 317.579.5050 ext. 262 or edonaldson@alphachiomega.org for more information.

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A charitable bequest is one or two sentences in your will or living trust that leave to the Alpha Chi Omega Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to the Alpha Chi Omega Foundation, a nonprofit corporation currently located at 5939 Castle Creek Parkway North Drive, Indianapolis, IN 46250, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the Alpha Chi Omega Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the Alpha Chi Omega Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the Alpha Chi Omega Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the Alpha Chi Omega Foundation where you agree to make a gift to the Alpha Chi Omega Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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