Kappa Alpha Order - University of Texas

, KA Texas' Vision: Shared Challenges, Unique Opportunities 3 W e must define and proactively plan for the future of our Fraternity. Due to the uncertainty of the litigation over the last several years, our focus has been on short-term goals. While the Fraternity is happy to report the strength of the undergraduate chapter today and our overall solid foundation with the national Kappa Alpha Order organization, the question becomes: What's next? All successful organizations undergo transformations and must overcome challenges—Texas KA is no different. We are humbly asking those alumni who can help us shape the financial future of the Fraternity to join us in this planning process. We have an opportunity today to put the past five years behind us and define the next 50. Financial Challenges Debt Retirement of First Mortgage................................................................................................................................... $750,000 Long-Term Opportunities Major Maintenance/Capital Replacement Fund...................................................................................................... $500,000 A key element to successful long-term planning is identifying needs before they are incurred. We must take steps to plan for future maintenance and as alumni ensure the House is financially prepared to address these needs in the future. • Roof replacement and repair • Exterior/Interior painting • HVAC equipment replacement • Plumbing fixtures and equipment replacement • Electrical equipment replacement • Fire protection system equipment replacement • Concrete and asphalt replacement and repair • Exterior fence replacement Financial Aid and Merit/Scholarship Funds.............................................................................................................. $500,000 Many chapters at Texas today have the competitive advantage of being able to offer fraternit y and academic scholarship to high achieving brothers as well as those in need. With rising college costs and an increasingly competitive environment to recr uit the best young men to lead Texas KA forward, we must have a plan in place to attract and reward these brothers. Full Kitchen Renovation.................................................................................................................................................................. $250,000 The house had a major renovation and expansion in 2007; however, not all items could be addressed. By bringing the kitchen up to the 21st century we ensure our brothers can safely dine together and build brotherly bonds. Kitchen exhaust hood with fire suppression system • Dedicated rooftop A/C unit • Commercial grille • Walk-in cooler • Complete rework of HVAC, plumbing and electrical • Kitchen exhaust fan • Kitchen make-up air unit • Commercial oven • Commercial dishwasher and cleaning station • Commercial icemaker • Hand wash sink Professional Fees................................................................................................................................................................................... $200,000 Total Long-Term Capital Needs................................................................................................................................................. $2,200,000

• Cover