Theta Chi - Drake University

Pre Campaign Feasibility Study

Gamma Tau Chapter of Theta Chi Fraternity, Drake University

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OUR GOALS O ur goal is to reduce the overall financial risk for the chapter and establish reserves for the future financial sustainability of the chapter. $800,000: Retire the remaining mortgage on the house. The chapter will be debt free, and more of the annual budget can be used for supporting the chapter and planning for the future rather than servicing the debt. $700,000: Capital reserves split between OX Building Corporation and Helping Hand Foundation to: • Replenish reserves for OX Building Corporation (ongoing maintenance for house and improvements). • Build reserves at the Helping Hand Foundation to support educational space in the house. • Provide additional scholarship resources to assist students and increase accessibility. 4 OUR GOAL: $1.5 MILLION

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