Theta Xi - Rensselaer Polytechnic Institute

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Alpha Chapter of Theta Xi at Rensselaer Polytechnic Institute

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ALPHA CHAPTER OF THETA XI OUR PLAN THE SOCIETY FOR THE PRESERVATION OF GREEK HOUSING T he Society for the Preservation of Greek Housing was formed to aid in the preservation of historically and architecturally significant Greek houses, to work to have additional houses listed on the National Register of Historic Places, to fund historical research/ writing projects, and to conduct educational open houses and seminars to educate the public about these Greek-affiliated structures. To aid in preservation and rehabilitation of the chapter houses, the Society will provide grants for: • Health and safety code requirements that do not result in the loss of character. • Major structural rehabilitation or restoration. • Exterior rehabilitation or restoration. • Interior rehabilitation or restoration. All donations made to the Society may be deducted as provided in Section 170 of the Internal Revenue Code of 1986. Donations made through the Society will be applied directly toward renovations of the Alpha Chapter house. Direct gifts of appreciated securities, beneficiary designations under wills and/or living trusts, and other similar gifts are welcome. Bequests, legacies, devises, transfers, or gifts to the Society are deductible for federal estate and gift tax purposes if they meet the applicable provisions of sections 2055, 2106, and 2522 of the code. T hrough months of careful study, assessment, and planning, the Alpha Alumni Association has developed plans to conduct a major renovation of our chapter house. The project will provide essential renovations to improve the infrastructure and charm of the house. In all areas, the architects have been instructed to address mandatory building and fire code requirements. Thanks to our historic designation by the State of New York and our partnership with the Society for the Preservation of Greek Housing, a 501(c)(3) foundation, the largest contributions to the campaign are eligible to be made on a tax-deductible basis. Project Budget: $750,000 Safety - $90,000 • Install sprinkler system • Complete asbestos abatement • Install permanent smoke and fire alarm system in all bedrooms Public Spaces - $120,000 • New hardwood floors and new basement floor • Replace/update electrical and fixtures as needed • Repair formal room carpet • Refinish walls and ceilings • Full structural repair of stairs • Renovate first floor bathroom to match upstairs bathroom quality and style Bathroom - $70,000 • Complete installation of new tile for the walls and floors • Stalls to match showers • Replace sinks, countertops, and lavatories • Complete plumbing update and rehabilitation Bedrooms - $225,000 • Repair and update walls, doors, HVAC, electrical and phone/Internet as needed • New layout for third floor to make space more useable, more appealing, and conform to all building and safety codes and regulations Chapter Room - $45,000 • Repair as needed to address health and safety, wear and tear and usability issues Kitchen - $50,000 • New wall tile, refinish floor • New appliances as needed • Update and repair/replace plumbing and electrical Project Expenses - $150,000 • Architect • Project management • Fundraising expenses

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