A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals and benefit Sigma Chi Foundation. No other planned gift is as simple to make or as easy to change should you ever need the assets during your lifetime.

A bequest may be right for you if:

  • You want to make a gift to Sigma Chi Foundation.
  • You want the flexibility to change your mind.
  • You want continued access to your wealth, should you need it.
  • You are concerned about outliving your resources.

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Remembering Sigma Chi Foundation in your will is a wonderful way for you to make a lasting gift. Large or small, your bequest will make an important contribution to our long-term strength and our ability to carry on with our activities.

But what if you don't have a will or living trust? You are not alone. Most Americans don’t have a will.

Without a will, the laws of your state will decide how your estate is divided. Typically, the probate court will divide your estate among your closest surviving family members according to a formula, and none of your estate can go to Sigma Chi Foundation or any other charity. If you wish to have a say in how your estate is distributed, you must have a will or living trust. We encourage you to work with an experienced attorney to create a will or living trust that accomplishes your goals for your estate.

Ways you can define a charitable gift in your estate plan
There are several ways that you can define the amount of your charitable gift to Sigma Chi Foundation. They are:

  • A gift of a particular amount of money. For example, you give $25,000.
  • A gift of a specific item or items. For example, you give 1,000 shares of ABC Corporation.
  • A gift that will be made only if one or more conditions are met. For example, you give $25,000 provided we still offer a particular program or service and your spouse does not survive you.
  • A gift that will be made from the remainder of your estate once all other bequests, debts, and taxes have been paid. For example, you give 25% of the remainder of your estate. Often called a "residuary bequest," this approach assures that your family will be taken care of before your estate makes a bequest to us.  

Ways to specify how we may use your bequest
You have several options for telling Sigma Chi Foundation how we may use your bequest once we receive it. They are:

  • An unrestricted bequest – This is a gift for our general purposes. This can be the most useful kind of gift because it allows us to put your gift to the best possible use at the time we receive it.
  • A restricted bequest – This is a gift for a specific use, such as a special project or program that is important to you. It is best for you to consult with us before placing restrictions on your bequest to be sure we can carry out your wishes.
  • An endowed bequest – This is a gift where our organization invests your donation along with the rest of our endowment. We distribute these funds in accordance with our endowment spending policy. This approach assures that your gift will continue to benefit us long after you're gone. An endowed bequest can be restricted or unrestricted.
  • An honorary bequest – This is a gift made in honor of someone else. Any form of bequest can also be an honorary bequest. We would be pleased to recognize the people you wish to honor with your gift.

Make sure we can carry out your wishes
It is very important that your bequest be accurately and clearly described in your estate plan so that we can carry out your wishes as you intended. We are pleased to consult with you regarding the terms of your bequest to make sure that we will be able to carry out your intentions. In order to avoid any possible question that your bequest is to our organization, be sure to include our full legal name and our federal tax identification number in your bequest.

Legal name: Sigma Chi Foundation

Current address: 1714 Hinman Ave, Evanston, Ill. 60201-4576

Tax identification number: 36-2208386
    
We are happy to provide you with sample bequest language to assist you and your attorney. 
You have complete flexibility to change your bequest at any time. If circumstances change in a way that makes you want to revise your gift to us, you can.

Tax benefits
Because your bequest is revocable, you do not receive an income tax charitable deduction when you create it. Rather, your estate will receive an estate tax deduction for the full value of your bequest in the year it is made. Depending on a variety of factors, including the size of your estate and estate tax law at the time your estate is settled, this deduction may or may not save estate taxes.

Bequest alternatives
In addition to adding bequest language to your will, here are a few other simple ways for you to make a bequest to us:

  • Make Sigma Chi Foundation a designated beneficiary of a life insurance policy.
  • Make Sigma Chi Foundation a designated beneficiary of an IRA or other retirement plan.
  • Make Sigma Chi Foundation a designated beneficiary of savings bonds.
  • Instruct your bank to "pay on death" to Sigma Chi Foundation some or all of a specific bank account.
  • Instruct your brokerage firm to "transfer on death" to Sigma Chi Foundation some or all of a specific brokerage or other financial account.

Please let us know if you have included Sigma Chi Foundation in your estate plans. We would welcome the opportunity to thank you for your thoughtful gift and to confirm that we can carry out your wishes.

Example

Catherine Hanney, a widow, has been a supporter of Sigma Chi Foundation for many years. Catherine is in good health now, but does not want to be a financial burden to her children should she require expensive health care in the future.

Sigma Chi Foundation is one of two charities to which she has been most dedicated. She would like to make a lasting gift to each of them in memory of her husband. After discussing her options with her estate planning advisor, she decides to create a residuary bequest in her will for each of her two favorite charities. Each charity will receive 50% of the remainder of her estate after all other obligations, such as taxes and bequests to her children and grandchildren, have been taken care of.

Benefits

  • Catherine’s assets will remain available to her should she need them.
  • The revocable nature of her gift will minimize the possibility that she will ever need financial help from her children.
  • If her estate is worth what she expects when it is settled, she will be able to provide generous legacy gifts to the two charities that have meant the most to her and her late husband.

 

Donors-Scholars Initiative

Each year, your generous donations make it possible for the Sigma Chi Foundation to grant numerous academic scholarships and awards to our deserving undergraduate and graduate brothers. Providing scholarships and academic awards furthers the Foundation’s goal to promote academic excellence. We proudly award brothers who show outstanding leadership, academic motivation and commitment to their chapters and campuses. The Sigma Chi Foundation will provide $505,000 in academic scholarships to undergraduate and graduate students over the 2018-19 academic year. This year, your gifts impacted individuals from 169 different Sigma Chi chapters. This includes an 12th-consecutive annual increase of $25,000 or more in awards.

The Sigma Chi Foundation’s Donor-Scholar Initiative provides a naming opportunity to interested alumni who wish to directly support the Foundation’s expanding scholarship program. Donors contributing to this effort at an endowment level (a one-time gift of $25,000) will have an annual academic scholarship named for themselves, or an honoree, for a minimum of 30 years. Donors are also encouraged to establish a mentor relationship with the recipient(s).

learning continuum

Our overarching goal is to positively impact every undergraduate brother every year with values-based leadership training and support.  Sigma Chi is focused on the relevant issues confronting our brothers on college campuses today, better educating these young men on alcohol misuse, drug abuse, hazing, sexual misconduct, suicide, depression and much more through an integrated presentation of our values.

By providing our members with world-class leadership initiatives, through the support of major gifts to the Foundation, Sigma Chi is helping young men develop into character-based leaders who are committed to the betterment of their chapters, campus and community.

The curriculum leads brothers to reflect upon leadership within themselves and the actions they take in everyday life, and think about how that impacts their communities and others. These modules allow our in-person programming to be more targeted and effective.

Click here to learn more about Sigma Chi’s leadership initiatives supported by the Sigma Chi Foundation.

planned giving

“I wanted to reflect that my career arc was fundamentally improved because of Sigma Chi. And I wanted to be able to leave a legacy beyond my own life that would provide that opportunity to others. ... What Sigma Chi and the Foundation do is help build good men. Our nation needs that, and I thought there was no better way to support that than through a planned gift to the Foundation so the next generation can have the benefit of Sigma Chi and learn and grow as young men.”

John Pasquantino UNLV 1984
White House Deputy Associate Director, Office of Management and Budget

Leave A Legacy

A planned gift to the Sigma Chi Foundation enables a brother to define their legacy and directly impact the lives of future Sigma Chis and our Fraternity.

Why are planned gifts so important? Our ‘One Voice’ strategic plan envisions a $100 million cash reserve that will expand world-class leadership programming and academic scholarships. While we are making great progress, planned gifts will be vital to our ultimate success.

By including Sigma Chi Foundation in your estate plan, you will help us achieve our goal and, at the same time, enjoy practical advantages for your estate and heirs.

Here are ways you can leave a legacy:

gifts by bequest

A bequest to Sigma Chi Foundation can be made for a specific amount, a percentage of your estate, or all or a portion of what is left after you have provided for your family. With a bequest, you retain control of and use of your assets during your lifetime and can potentially save on income taxes, capital gains and estate taxes.

life insurance gifts

Life insurance policies are powerful philanthropic tools often allowing a donor to make a much larger donation than they ever thought possible. Donors can name Sigma Chi Foundation as their beneficiary or transfer poilcy ownership to the Foundation and then make tax deductible gifts to pay the premiums. Sigma Chi Foundation receives the proceeds of the policy after your lifetime.

life income gifts

Your gift can be structured to provide you income for life. Sigma Chi Foundation will make a fixed payment to you for life with the remainder benefiting the Fraternity. Such arrangements are particularly appealing because donors can often reduce taxes and increase their spendable income. You benefit now and Sigma Chi benefits later.

gifts of retirement assets

Designating Sigma Chi Foundation as a beneficiary of all or a specified percentage of your 401(k) or other retirement plan assets can save your estate both income and estate taxes. Additionally, if you are age 70.5 or older, you can roll over up to $100,000 a year from your IRA as a charitable gift and count it towards your required minimum distribution.

bell chapter challenge

As an undergrad, your home chapter was your Sigma Chi world. It was where you forged your leadership skills, formed lifelong bonds of friendship and shaped what kind of man you would become. Please consider engaging with your Sigma Chi Foundation to continue that rich legacy at your chapter.

make your chapter a bell chapter

Sigma Chi has made a difference in the lives of over 300,000 brothers and these brothers want to give back. More importantly they want to give back to where they lived Sigma Chi, their own chapter. The Bell Chapter Challenge provides an excellent opportunity to make this happen and provides your chapter with enhanced benefits from the Foundation.

Your unrestricted, and tax-deductible, gift to the Sigma Chi Foundation will support the key leadership and scholarship programs provided by Sigma Chi for your chapter. These cutting-edge, valuesbased opportunities help change the lives of undergraduates at your chapter, bringing them to their full potential in college and life.

Our chapters need strong, values-based leaders to grow stronger. Engage with your Sigma Chi Foundation today and cultivate tomorrow’s leaders!

benefits provided to bell chapters

  • Krach Transformational Leaders Workshop
    Bell Chapters can send up to 5 additional attendees to Workshop for free.
    Gold level Bell Chapters will receive an additional $1,000 travel stipend for Workshop.
  • Horizons Leadership Training Program
    Bell Chapters will receive up to 2 designated slots for qualified undergraduates
  • Academic Scholarships
    Bell Chapters will receive up to 3 designated $1,000 academic scholarships for qualified undergraduates.
  • Education and Leadership Stipend
    Gold Level Bell Chapters will receive a $3,000 educational stipend to cover the costs of educational programming for the chapter.
  • Crossroads Program
    Bell Chapters will receive the Crossroads program at no cost.
LEVELS BLUE GOLD
Amount $10,000 per year
$250,000 Endow*
$20,000 per year
$500,000 Endow*
Chapter Benefits
  • 3 Additional free registration slots at KTLW (8 Total)
  • $250 KTLW Travel Stipend
  • 1 Designated Horizons Slot
  • 2 Designated $1,000 Academic Scholarships that will recognize lead donor
  • Crossroads retreat at no cost to Chapter
  • Donor plaque for chapter house
  • 1 Exclusive Bell Chapter Dinner invite at KTLW
  • 5 Additional free registration slots at KTLW (10 Total)
  • $1,000 KTLW Travel Stipend
  • 2 Designated Horizons Slots
  • 3 Designated $1,000 Academic Scholarships that will recognize lead donor
  • Crossroads retreat at no cost to Chapter
  • $3,000 Stipend for Journey Chapter Retreat
  • Donor plaque for chapter house
  • 1 Exclusive Bell Chapter Dinner invite at KTLW
  • Krach Transformational Leaders Workshop
    Bell Chapters can send up to 5 additional attendees to Workshop for free.
    Gold level Bell Chapters will receive an additional $1,000 travel stipend for Workshop.
  • Horizons Leadership Training Program
    Bell Chapters will receive up to 2 designated slots for qualified undergraduates
  • Academic Scholarships
    Bell Chapters will receive up to 3 designated $1,000 academic scholarships for qualified undergraduates.
  • Education and Leadership Stipend
    Gold Level Bell Chapters will receive a $3,000 educational stipend to cover the costs of educational programming for the chapter.
  • Crossroads Program
    Bell Chapters will receive the Crossroads program at no cost.
Blue  
Amount
  • $10,000 per year
  • $250,000 Endow*
Chapter
Benefits
  • 3 Additional free registration slots at KTLW (8 total)
  • $250 KTLW Travel Stipend
  • 1 Designated Horizons Slot
  • 2 Designated $1,000 Academic Scholarships that will recognize lead donor
  • Crossroads retreat at no cost to Chapter
  • Donor plaque for chapter house
  • 1 Exclusive Bell Chapter Dinner invite at KTLW
Gold  
Amount
  • $20,000 per year
  • $500,000 Endow*
Chapter
Benefits
  • 5 Additional free registration slots at KTLW (10 total)
  • $1000 KTLW Travel Stipend
  • 2 Designated Horizons Slot
  • 3 Designated $1,000 Academic Scholarships that will recognize lead donor
  • Crossroads retreat at no cost to Chapter
  • $3,000 Stipend for Journey Chapter Retreat
  • Donor plaque for chapter house
  • 1 Exclusive Bell Chapter Dinner invite at KTLW

*Based on accumulated cash in your chapter’s Bell Fund.

For more information contact Dakota Chavez, Associate Director of Development, at (847) 425-4408.

Did you know?

The Sigma Chi Foundation is eligible for all company matched gifts made to 501 (c) (3) foundations. Please check with your employer to see if you can double the size of your gift!

Bell Chapter List for 2019-2020

other ways to give

memorial gifts

You may wish to direct memorial gifts to the Sigma Chi Foundation to honor the memory of a deceased brother. Unrestricted gifts will be applied to the area of greatest need to support educational and leadership development opportunities for undergraduate members. Gifts may also be directed to a specific chapter or program fund. The Sigma Chi Foundation is a 501 (c) (3), charitable, educational organization and gifts are tax-deductible to the fullest extent allowable by law. Following is suggested language that may be used in an obituary to direct gifts to the Sigma Chi Foundation on behalf of a brother who enters the Chapter Eternal.

Contributions may be made to the Sigma Chi Foundation, 1714 Hinman Ave., Evanston, IL 60201.

matching gifts

The Sigma Chi Foundation is eligible for all company matched gifts made to 501 (c) (3) foundations. Please check with your employer to see if you can double the size of your gift!

distinguished visitors program

The Sigma Chi Foundation’s Distinguished Visitors program has provided alumni with an opportunity to reconnect to their Sigma Chi roots and impact undergraduate brothers since its inception in the 1980s. This year, 24 brothers attended the Huntsman Horizons Leadership Summit in Snowbird, Utah or the Balfour Leadership Training Workshop in Bowling Green, Ohio. During their visits, these men, who are among Sigma Chi’s most accomplished brothers, shared their values, their wisdom and their perspective on leadership with undergraduate brothers.

regional alumni receptions

Over the course of the 2018 to 2019 fiscal year, the Sigma Chi Foundation Board of Governors and staff made a targeted effort to connect with alumni in United States metropolitan areas with special reception events. Hosted by Foundation board members and donors, these events provided an opportunity to deliver updates from the General Fraternity and to discuss Sigma Chi’s forward direction. The receptions will expand to new regional locations over the present 2019 to 2020 fiscal year. For more information on these events or to receive a reminder when the Sigma Chi Foundation visits your area, e-mail the Foundation at foundation@sigmachi.org.

volunteering

Have some time on your hands and would like to contribute in other ways? Then consider the Fraternity’s volunteer programs. Help out on the international level in fraternity governance, on leadership programs such as the Balfour Leadership Training Workshop, or on one of the committees that keeps the organization running.

amazon smile

Did you know that you can contribute to Sigma Chi while making an online purchase through Amazon? Visit smile.amazon.com and select the Sigma Chi Foundation as your philanthropy of choice. A small percentage of each purchase made through Amazon Smile will support the leadership mission of Sigma Chi.