Pi Kappa Alpha - Purdue University

Fall 2019 Newsletter

Beta Phi Chapter of Pi Kappa Alpha at Purdue University

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inside: Alumnus Spotlight 2 Recording Our History 2 Thank You, lOyal Beta phis 3 Welcome, New Initiates 3 Fall 2019 Candlelight Beta Phi Chapter of Pi Kappa Alpha • Purdue University Published by the Beta Phi Foundation 98 Y ear s at Pur d u e Supporting the Brotherhood Beta Phi Reendows Scholarships Internally, Prepares for 100-Year Anniversary in 2022 T he Beta Phi Foundation strives to make the most of contributions received from our generous alumni. When an endowed scholarship is set up, we ensure it is self-funded and perpetual. Beta Phi has had two scholarships endowed through PIKE Nationals for some time now. However, over the past few years we have grown concerned as the original endowments were not performing as intended. In recent years it reached the point that we had to tap into our annual operating funds to supplement these scholarships. Last summer, the foundation decided to reendow both scholarships internally to manage the funds. We now control these investments, ensuring they are self-funded and perpetual. Had we not taken this action, the original endowment would have eventually been depleted. The short-term effect meant we couldn't give out these scholarships during Homecoming this semester. We will continue awarding scholarships without the need to supplement in fall 2020. Preparations for Beta Phi's 100-year anniversary in 2022 have begun, and we can't wait to celebrate with active members and alumni. Our plan is to hold the celebration on October 8, 2022, around the Purdue versus Iowa game. In celebrating our 100th anniversary, we'd like to promote another endowment program. Many of you know that the foundation funds a tutoring program for active members, and we would like to create a permanent fund for this. This program has helped Beta Phi's GPA remain above a 3.0. Be on the lookout for more information regarding this initiative. Thank you to our loyal alumni who attended Homecoming this fall. Active members did a great job preparing for the weekend, and everyone enjoyed the events before and after the game. We continue welcoming alumni back and invite you to join us. It still amazes me every year when a brother returns to the Chapter House for the first time in many years and tells me, "I wish I hadn't stayed away so long." Come back and join us, reconnect with your brothers at 629 University. In the bonds of φφκα, Joe Conti '85 President, Beta Phi Foundation joe.conti@pavematerials.onmicrosoft.com D arrell M. Andersen '52 was the Beta Phi Home Association president who oversaw the purchase of our great corner lot location and worked with contractors in the construction of our present Chapter House on University Street. He came to check on the new Chapter House construction and meet with the architect every weekend from his home in Chicago. He worked with Purdue Board of Trustee member Claude Wickerd to exchange the former Chapter House property at 149 Andrew Place for the three residential lots that make up the present corner lot where our house is today. Darrell entered Chapter Eternal at the age of 90 on July 31. He is survived by his wife, Audrey, two daughters, and four grandchildren. He graduated from Purdue in 1952 with a bachelor's of science. He was the former owner and president of A&M Printing Company in Chicago for over 40 years. The Beta Phi Foundation and Home Association wish to name the Chapter House entry foyer as a lasting memorial for Brother Darrell Andersen. A new plaque will be installed on the foyer wall in recognition of Darrell's dedication and service to Beta Phi over the years. In Memory of Darrell M. Andersen '52

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