Click Here for TKE Status Letter mailed to all brothers and little sisters on record.

We can save the house if we act together quickly!

                                                                      
TKE Xi Omega Financial Situation:

 
Our Solution:

• Raise the condition of the house to be a desirable place to live and a source of chapter pride
• Improve the cash flow situation by replacing the current bank mortgage with a very low interest private mortgage funded by our alumni base
• Use the improved cash flow to retire the debt and (down the road) build reserves (an endowment) to prevent this situation from recurring

Our Goal:

• Within one year, raise $550-600k to fund the private mortgage and improve the condition of the house

Ways You Can Help Financially:

• Donate money to immediately reduce the debt
• Invest in the future of TKE by lending money to fund the private mortgage
• Provide monthly cash payments (for 2-4 years) to improve cash flow while the chapter recovers

                                                                                                                   
Other Ways You Can Help:

• Make your skills, experience, and resources available to house improvement and fund raising activities
• Make yourself available to chapter officers for advice and guidance
• Become more active in upcoming Alumni and Chapter events

What You Need To Know:

• One of several BATI committees is managing this effort
• Investments will be secured by the house but carry substantial risk of loss

Legal Advisers:

• Pat Coll and Brad Ritter are attorneys and led the development of the approach.  Detailed questions can be directed to them.

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Our Progress:

• Overall Summary
• Monthly Summary