8
CAMPAIGN
GOAL:
$4M
COLLECTED OVER
5 YEARS
2 0 2 3 - 2 0 2 7
$2M $2M
DELTA
CHI
2016
$1.2M
DTD
2013
$1.5M
DU
2013
$1.5M
FIJI
2015
$2.5M
BETA
2016
$2.5M
PHI PSI
2017
$3.0M
PHI
DELT
2015
$3.5M
OUR
GOAL
$4.0M
RECENT FRATERNITY
RENOVATIONS AT KU
The IRS imposes a limit on the percentage that
can be raised through tax-deductible gifts:
Tax-Deductible Gifts Non Tax-Deductible Gifts
5%
Furniture, Fixtures,
and Equipment
5%
Contingency
12%
Professional
Fees
25%
Addition
25%
50%
3%
12%
5%
5%
50%
Remodel and Upgrade Finishes
3%
Basement
and Exterior
Improvements
BUDGET BREAKDOWN
OVERALL BUILDING ADDITION:
1,800 sf at $555/sf = $1,000,000
(Includes new MEP and fire protection)
1ST FLOOR:
Finish Upgrades
3,500 sf at $150/sf = $525,000
(Includes chapter room and dining)
Remodel Area
250 sf at $400/sf = $140,000
(Includes new ADA suite and study)
2ND FLOOR:
Finish Upgrades
4,500 sf at $150/sf = $675,000
(Includes new finishes at existing studies)
Remodel Area
2,200 sf at $300/sf = $660,000
(Includes new study space layout)
BASEMENT AND EXTERIOR IMPROVEMENTS:
$150,000
(Includes new canopy, exterior door, and structural basement)
TOTAL HARD CONSTRUCTION COSTS: $3,150,000
SOFT COSTS
Professional Fees: $485,000
Furniture, Fixtures, Equipment: $200,000
Contingency: $165,000
TOTAL OWNER SOFT COST: $850,000
