Chapter Investment Funds
Chapter Investment Funds (CIFs) are endowment-type accounts held by the Foundation that allow alumni and friends of the fraternity the ability to make a tax-deductible gift to Pi Kappa Phi and restrict that gift to a specific chapter.
Once a Chapter Investment Fund has reached a minimum balance of $10,000, grants may be made from that fund to the chapter for qualified educational expenses, including scholarships, conference registration fees and related travel expenses to name a few.
Each year, the Foundation allows 4 percent of the CIF (based on the previous year’s December 31 closing balance) to be used in support of educational initiatives at the chapter level. Working with local alumni volunteers like the officially appointed chapter advisor, housing corporation volunteer or other appointed liaison, the Foundation helps to drive important educational and leadership development outcomes through the CIF program.