Page 2 - Chi Phi - Feasibility Study - Georgia Institute of Technology

Why Conduct A Feasibility Study? any graduates may wonder: “Why do Mwe need to conduct a capital campaign feasibility study?” The answer is simple: just because we want to improve our Chapter House doesn’t necessarily mean that we can conduct a successful fundraising campaign. This feasibility study will allow us to accomplish a number of tasks designed to gauge the potential success of the campaign, including, but not limited to: • Determining the overall interest level of our members and assessing the overall fraternity experience of alumni from a broad spectrum of generations. • Identifying whether we have graduates with the capacity to make lead and mid-tier gifts, obtaining their reactions to the project, and determining if they have interest in supporting it. • Educating our alumni on the need for the project, the management structure we will put in place, and the people we will have involved to ensure success. • Identifying alumni interested and willing to help as volunteers throughout the campaign The size and scope of changes made to Board wants to be absolutely sure a project and on one of the ongoing committees. the chapter house will be directly related will be fnancially feasible, not only from an • And, most importantly, from all of this to the level of support and interest that we initial funding perspective, but also in terms feedback, establishing an achievable receive from our alumni. Keeping the best of sustainable operations over the long-term. campaign goal. interest of the Chapter in mind, the Alumni Our Competition ver 65% of Georgia Tech OGreek houses have been newly built or renovated over the past 20 years. This includes 16 out of 25 Fraternities and 6 out of 7 Sororities. In order to remain Kappa Sigma: $2.33 million raised competitive on campus and Phi Gamma Delta: $2.13 million raised keep up with the rising status quo of Greek housing, we recognize that we need to take action to fulfll those needs. It is vital to the success of the project for us to receive your input on what our next steps should be. Beta Theta Pi: $1.4 million raised Theta Chi: $1.35 million raised