Alpha Tau Omega - Florida State University

THE NEWSLETTER FOR ALUMNI AND FRIENDS OF EPSILON SIGMA CHAPTER OF ALPHA TAU OMEGA AT FLORIDA STATE UNIVERSITY - SPRING 2022 a t o f s u . c o m Investing in the Legacy House Corporation Plans for the Future T he house corporation is flush with cash following the sale of property in Tallahassee, Florida, and has invested $614,000 into a conservatively managed investment fund through Merril Lynch. Managed by a team of Merril Lynch advisors including David Diaz '80, ATΩ's funds are part of the Merrill Lynch Endowment Management Account program designed for capital preservation and reasonable growth to keep up with inflation over time. Half of the fund balance is invested in mutual funds and exchange-traded funds. The other half is invested in fixed income. "The board looked at multiple options and ultimately realized we had a fiduciary duty to preserve these assets and make sure they maintained the same purchasing power in the future," explained House Corporation Treasurer Jeff Scales '87. "Hopefully, we can make a little bit of money along the way." The goal of the investment is to make sure funds are available for a future ATΩ property in Tallahassee once the chapter returns. "With resources in the bank, we should be positioned nicely to take advantage of housing opportunities that present themselves in the future," Jeff said. A s a chapter in the history of ATΩ closes with the sale of the West Lafayette property, it is time to begin planning the next one. The alumni house corporation is looking for volunteers to begin charting the future of the fraternity. Specifically, we are looking for alumni leaders to join the house corporation to help oversee finances and lead the efforts to secure permanent housing in the future for ATΩ in Tallahassee. In addition, ATΩ is looking for alumni leaders to help support the ATΩ chapter when it begins the process to return to FSU in 2025. The house corporation will formally appoint committee chairmen to one- year terms. Committee members are not permitted to enter into contracts, spend money, or authorize the spending of money without house corporation approval. Committee chairmen are asked to make quarterly, written updates to the house corporation and overall alumni membership. Alumni interested in volunteering should complete the volunteer interest form located at atofsu.com. We have the following four sections that alumni can chose to work within: RECOLONIZATION This committee will work with ATΩ National Headquarters and FSU to plan the return of the chapter in 2025. This committee will also help support and advise new members as they begin rebuilding the chapter. HOUSE CORPORATION BOARD OF DIRECTORS The board of directors will manage the corporation's funds for a future house and plan for the eventual renting, acquisition, and/or construction of a new house when the chapter returns in 2025. ALUMNI DATA MINING To improve communication and engagement, this committee should help improve the quality of our alumni records by conducting online research and reaching out to other alumni to update contact information. Among other things, committee members might find ATΩ alumni on Facebook and LinkedIn, then reach out to them and gather updated contact information from their online profiles. This committee should (1) reduce the number of lost alumni and (2) increase the amount of cell phone numbers and email addresses on file. SOCIAL MEDIA This committee will develop and implement a social media strategy using LinkedIn, Facebook, and other avenues to increase communication and engagement with ATΩ FSU alumni. To volunteer for any of these committees, please complete the online form located at atofsu.com under the Volunteer tab. Help Shape the Future of ATΩ FLORIDA EPSILON SIGMA NEEDS ALUMNI VOLUNTEERS

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