LAE Promotion of RPI Sigma Alpha Epsilon Chapter Support Fund and SAE Foundation Chapter Allocation Fund

Lambda Alpha Epsilon / New York Epsilon created a chapter support fund in conjuction with the Office of Fraternity and Sorority Commons making RPI Charitable Donation Funds available to all chapters in 2020 to support the undergraduate student living and learning, especially in terms of chapter housing needs. These were first set up as dedicated funds the chapter can use to assist with specific operational costs, specifically mortgage payments, utility expenses, and essential house renovations or repairs. There were some subtle changes, however, that happened January 1, 2024, that will shifted the purpose of the funds to be more focused on support for academics and educational leadership programming, but still allowable, like with our SAE Foundation Chapter Allocation fund, to use disbrusements for up to ~25% of the operating budgets and mortages since 25% of the space is dedicated for educational purposes. both Funds are also able to take corporate matching to enhance the support and as a win-win, give you credite for giving to RPI or SAE. It is for these reason, that we'll continues to make use of these funds as a giving avenue.

We participated in RPI's 2RPi Day of giving on June 26, 2023 and we raised >$75,000 for our SAE Chapter Support Fund and narrowly lost first place in the Fraternity donor challenge with 134 donations, falling to Sigma Phi Epsilon who had 136 donations for the year. This included more than $10,000 in corporate matching. In a December 2023 challenge, we recieved another $72,000 for our SAE Chapter Support Fund catching some end of tax year contributions and gernering more financial support for the 12 Myrtle Avenue renovation project.

Donations to SAE chapter support fund are fully tax deductible and, in addition to being applied to each chapter, will be counted as part of the individual’s lifetime giving to Rensselaer. With Marty Schmidt taking the helm and reinvigorating the campus atmosphere, we believe this pathway supports SAE and RPI as a win-win. And, if your company does corporate matching, it is a great way to multiply and maximize your gift. We had several large donations come in this way on 2RPi Day. More information about this program and other RPI Fraternity and Sorority Funds may be found at the RPI Fraternity and Sorority giving webpage

The Renovations will be completed in November, just in time to celebrate New York Epsilon's 73rd Anniversary of Chartering on Dec 8th and so undergraduate Actives can begin to move in for the start of the Spring 2025 semester.

We have a need for continued financial support for the project and future educational purpose opportunities for the undergrads in their brand new home. So look for emails and mailings from us and RPI for end of year giving plans to donate to the RPI Sigma Alpha Epsilon Chapter Support Fund

Be sure to place your donation amount into the Sigma Alpha Epsilon Chapter Support Fund field on this giving page:

Give Now to Sigma Alpha Epsilon Chapter Support Fund

 

 
LAE Phone-a-thon and Annual Giving Supporting the Undergraduate Chapter

Lambda Alpha Epsilon maintains several funds for scholarship, education and leadership programming, operations, and long term savings. The funds are listed below. All donations to the LAE managed funds can be made by check to LAE (see directions with each fund) or by donations through paypal (a 3% surcharge is applied). For the SAE Foundation Chapter Education Fund (CEF) #3350 “Don Farkouh/ Mark Hier Memorial Leadership School Scholarhip Fund” and the SAE Foundation New York Epsilon Chapter Allocation Fund (CAF) #3806, see the directions below on how to contact the National SAE office to donate. To donate to the RPI Sigma Alpha Epsilon Chapter Support Fund, you can visit this website and donate online and direct the donation to the pull down menu for our chapter.

We participated in RPI's 2RPi Day of giving on June 26, 2023 and we raised >$68,000 for our SAE Chapter Support Fund and narrowly lost first place in the Fraternity donor challenge with 134 donations, falling to Sigma Phi Epsilon who had 136 donations for the year. We are planning to use this donation vehicle to replace and supplement our old annual phonathon, for we can use RPI resources for communications and promotion. We also participated in an end of the year challenge to take most advantage of the RPI chapter support fund before it became a little more restrictive. In December 2023, we recieved another >$72,000 for our SAE Chapter Support Fund and caught some end of tax year contributions and captured more financial support for the renovation project.

If you decide to donate to the LAE Scholarhip funds by check (which is recommended since 100% of your donation makes it to LAE, unlike when you use PayPal), please use this form and send to:

Lambda Alpha Epsilon, Inc
c/o Mark Murdoch
349 Mountain Road
Somers, CT 06071

 


You can use PayPal by clicking on one of the buttons below the description of our funds.

General Operation Fund

The purpose of the general operating fund is to provide additional funding to the operations of LAE. Operations include subsidizing the renting of the chapter house to undergraduates, maintenance and improvement of property, subsidizing the cost of alumni functions and administration costs, and contributions to the Lions Fund. The Lions fund is the long terms savings fund of the chapter. The purpose of this fund is to provide funding for major house improvements and potentially a new chapter house. The Lion's Fund has grown to over $175,000 through donations, LAE planned contributions, and investement returns. Donations to this fund are not tax deductible. Checks should be made out to “Lambda Alpha Epsilon” or you can donate online.

Don Farkouh/Mark Hier Memorial Scholarship Fund

This fund has been created in memory of Brothers Don Farkouh and Mark Hier. These two brothers died in a tragic automobile accident in March 1989. The purpose of this fund is to annually award scholarships to undergraduate members of the New York Epsilon Chapter. Scholarships will be awarded based on financial need, fraternity participation, campus and community service, and scholastic achievement. Donations to this fund are tax deductible as described in section 170(c)(4) of the IRC Code. Checks should be made out to “Don Farkouh/Mark Hier Memorial Scholarship Fund” or you can donate online.

Stewart (“Skeeter”) Guild Memorial Scholarship Fund

The fund has been created in memory of Brother Stewart “Skeeter” Guild. Brother Guild died in a motorcycle accident in March 1993. The purpose of this fund is to annually award scholarships to undergraduate members of the New York Epsilon Chapter. Scholarships will be awarded based on financial need, fraternity participation, and the ability to exemplify the spirit of a True Gentleman. Donations to this fund are tax deductible as described in section 170(c)(4) of the IRC Code. Checks should be made out to “Stewart Guild Memorial Scholarship Fund” or you can donate online.

James Michael Joly Zeal Fund

This fund has been created in memory of Brother James Michael Joly, who lost his life due a fall- related brain injury in January 2011, in order to remember his contributions to the chapter and with the hope that others will follow his lead in dedication to the ideals of the True Gentleman. The purpose of the fund is to grant annual tuition scholarships to Sigma Alpha Epsilon’s National Leadership School to undergraduate members of the New York Epsilon Chapter. The James Michael Joly Zeal Fund Committee may annually choose to support alternative education initiatives that are also reflective of and commemorate James’ spirit, character, and life. The fund’s purpose is to provide support to educational initiatives, with a focus on initiatives that correspond to James’ passion for promoting the development of individual leaders and improving the collective responsibility of the undergraduate members of the New York Epsilon Chapter that are attending Rensselaer. Donations are tax deductible as described in section 170(c)(4) of the IRS Code. Checks should be made out to "James Michael Joly Zeal Fund" or you can donate online.

Don Farkouh/Mark Hier Memorial Leadership School Scholarhip Fund (Sigma Alpha Epsilon Foundation Chapter Endowment Fund #3350)

The Fund has been created in memory of these two Brothers who died in a tragic automobile accident in March 1989. This Fund is administered as a Chapter Endowment Fund (#3350) to help fund the tuitions of undergraduate delegates to the John O. Moseley Leadership School or projects and/or endeavors deemed "wholly educational in nature." As long as the fund remains above a minimum of $5000, disbursements may be made. Donations may be made online at the SAE website or by emailing SAE Foundation or calling 847-475-1856. Be sure to direct the donation to the "Don Farkouh/Mark Hier Memorial Leadership School Scholarship Fund (Chapter Endowment Fund #3350)."

New York Epsilon Chapter Allocation Fund (Sigma Alpha Epsilon Foundation Chapter Allocation Fund #3806)

The Fund was created to give a tax deductible avenue to contribute to the Capital Campaign to fund the renovation project of the chapter house. This Fund is administered as a Chapter Allocation Fund (#3806) Donations may be made online at the SAE website or by emailing SAE Foundation or by calling at 847-475-1856. Be sure to direct the donation to the "New York Epsilon Chapter Allocation Fund (Chapter Allocation Fund #3806)."

RPI Sigma Alpha Epsilon Chapter Support Fund

The Fund was created in conjuction with the Office of Fraternity and Sorority Commons making RPI Endowment Funds available to all chapters in 2020 to support the undergraduate student living and learning, especially in terms of chapter housing needs. These are dedicated funds the chapter can use to assist with specific educational programming and portions of the housing operation associated with the fraction of space allocated for educational purposes, like our SAE Foundation CAF.

Donations to these individual chapter funds are fully tax deductible and, in addition to being applied to each chapter, will be counted as part of the individual’s lifetime giving to Rensselaer. And, they can be eligible for corporate match – a great way to multiply and maximize your gift if your company participates. Donations may be easily made online at the RPI website

Give Now to the SAE RPI Chapter Support Fund

 

General Operating Fund

Don Farkouh/Mark Hier Memorial Scholarship Fund

Stewart "Skeeter" Guild Memorial Scholarship Fund


James Michael Joly Zeal Fund

NEW YORK EPSILON CHAPTER    |    RENSSELAER POLYTECHNIC INSTITUTE    |    12 MYRTLE AVE, TROY, NY 12180