Delta Xi Chapter of Delta Delta Delta at the University of Missouri
Issue link: https://www.epageflip.net/i/1148761
© 2019 PENNINGTON & COMPANY FUNDRAISING, LLC. ALL RIGHTS RESERVED. 39 campaign through printed newsletter to alumnae followed by a mailed campaign brochure. November 2019 – April 2020 Direct mail continues; house corporation engaged in an additional 12-24 months newsletters and solicitations. 14. Renovations should not begin until after the public announcement of the campaign. By waiting until the completion of the quiet phase of the campaign, all of the major donor prospects should have been solicited before renovations begins. The psychology and motivation of the donor to give may be negatively impacted if the project is underway prior to being asked for a gift. D. Facility management Alumnae do not want to give money to update a chapter house unless there are assurances that policies and procedures are in place and enforced to protect their investment in the Delta Xi Chapter of Tri Delta. To counter any arguments that undergraduates will not take care of the facility, or are not paying their share of capital improvement costs, and to create resources for future capital improvement needs, Pennington & Company recommends the following actions, if not currently in place: 1. House bills should be set to the higher range of the sororities on campus. The Delta Xi Chapter of Tri Delta will have a premium facility and should plan to charge a premium rent to live there. 2. The rental portion of the house bill should be at least one-third of the total house bill. The rent paid by the undergraduates should never fall below one- third of the total dollars the chapter collects from live-in members. 3. Undergraduate rent should be paid in advance, either on an annual or semesterly basis. Doing so will help the chapter avoid potential collection problems and alleviate cash flow concerns. 4. The house corporation should institute a capital improvement fee of at least $200 for all new live-in members. Half of this fee should be paid at the beginning of the first semester and half at the beginning of the second semester. The fee should be non-refundable, set aside in a capital improvements fund, and used only for capital replacement needs such as carpet, furnishings, fixtures, or equipment. The capital improvements fund should be held by the house corporation in a separate account and should