[ 2019 Donors ]
2019 Honor Roll of Donors Phi Gamma Delta Educational Foundation Normally, in this letter, we look back at the last year. Since times are far from normal, we thought it equally important to address the immediate and near future. Actions taken years ago to streamline our staff, find efficiencies in processes, broaden our donor base and increase our Perge! Society and White Star Legacy Society memberships have helped to mitigate the impact of the recent global virus outbreak and the ensuing economic downturn. While the outcomes affected everything, we do have strong fraternal leadership and financial reserves that allow us to operate into the fall 2020 semester. Your Foundation operates using Fiscal Year: July 2018 these guiding principles: use your gifts to encourage excellence; be open and willing to try new approaches to solve problems; remain June 2019 good stewards of your gifts; develop relationships to strengthen Phi *From audited financial statements Gamma Delta.
Revenues
Donations: • Unrestricted gifts • Designated gifts • Endowment gifts Net Investment Income Other Total Income
$
1,034,969 1,466,614 475,597 562,604 131,568 $3,671,352
Expenditures Scholarships Leadership Health, Human Service Other Programs/Support House Corp. Grants Subtotal Management & General Fundraising Subtotal Total Expenses
Liabilities & Net Assets
54
$
431,873 202,058 158,696 259,042 436,814 $1,488,483 $ 328,625 263,410 $592,035 $2,080,518
$20,516,558
THE PHI GAMMA DELTA|SPRING 2020
We communicate regularly with Rob Caudill, Executive Director of the Fraternity, and the Archons. We have offered to assist them in any ways that we can, including grants and programming support above and beyond our regular funding. There is enough uncertainty about what will happen on college campuses this fall that we are prepared to put the full weight of the Foundation behind undergraduate programming. As we move forward, your continuing support is critical to our ability to serve chapters and our brothers. As you look through the Donor Yearbook, you will find Foundation updates and brief reports on our 2019 grants, programs funded and programs to raise funds for Phi Gamma Delta. Thank you, and stay well.
3Kevin J. Hopper (Cincinnati 1973), President
4Ben Robinson (Hampden-
Sydney 1986), Executive Director Perge! More information about the Foundation may be found online at www.phigam.org/foundation.
www.phigam.org