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Theta Xi Foundation
Theta Xi is an institution which should provide its members with new opportunities and special services, while continuing to contribute to society in general, and educational endeavors in particular. To implement this conviction, the Grand Lodge, acting under the authority of the National Convention, created the Theta Xi Foundation in 1949.
The purpose of the Foundation is "To receive and maintain a fund or funds and to apply the income or principal thereof to promote the advancement and diffusion of knowledge and understanding by creating scholarships or fellowships for the benefit of deserving students in colleges and universities by making loans or outright grants to professors, teachers, students, student organizations or societies to carry on research in his, her, or their particular field of endeavor, and to expend money for any other educational or charitable purpose not inconsistent with the above purposes."
The Foundation is administered by a board of trustees composed of an Executive Committee of three members and additional trustees as elected by the Board of Trustees and approved by the Grand Lodge.
The Foundation is built by gifts from alumni and friends who have a deep interest and abiding faith in youth, and who recognize the college fraternity as an agency that is making an invaluable contribution to molding its members into responsible citizens.
Gifts may be restricted or unrestricted according to the wishes of the donor. They may be made for any specific purpose that is consistent with the general purposes of the Foundation or for use by a specific chapter. Since the Foundation is a public charity, all gifts, bequests, legacies, devises, and transfers are exempt from Federal Income, Gift and Estate Taxes. As an alumnus of Theta Xi one of the most important ways you can show your commitment to the Fraternity is through contributions to the Foundation. Just as your commitment to brotherhood and fellowship in Theta Xi continues beyond your college years, so should your commitment to serve the Fraternity and to contribute to its continuing financial well-being.