SlideShare a Scribd company logo
1 of 16
Download to read offline
Meeting the Beta Nu Standard of Excellence byTransforming
our H
    House i
          into a R
                 Respected Monument
                         dM
The original house was owned by Rev. Bro. Moses General Miles
The Fraternity lost the house in 1995 to the University
Several Brothers including Tirrell Whitley engaged in an extensive
search and fundraising process
Dr. H
D Humphries stepped up to purchase the current house in 1997,
      hi          d           h     h          h     i
issuing a mortgage to the chapter
Under th l d hi
U d the leadership and tenacity of R
                     dt     it f Reggie Mitchell and
                                     i Mit h ll d
contributions of several Brothers the mortgage on the current house
was paid off in 2009
                2009.
•• Damage to roof is allowing water
                                         D      t     f i ll i        t
                                         leaks.

                                      •• The ceiling is not insulated,
                                                   g                  ,
                                         resulting in higher utility bills.




•• Drywall damage in upper bedrooms
   caused by water leaks. Mold is
   also evident in this picture.
                        p
•• Molding drywall in upper floors. Mold
                                              can contribute to unsafe indoor air
                                              quality and significantly reduces
                                              market value of house
                                                               house.




•• Exterior siding is in horrible shape
                                  shape.
   Siding should be replaced with Hardi
   cement siding or replaced in spots,
   striped and repainted. Cement board
   will provide best long term solution.
•• Actual holes in exterior sheathing. This
                                                                         sheathing
                                                is not only unsightly but allows
                                                additional water into structure that can
                                                cause more damage.




•• The bathrooms in the house do not
   work and have a foul smell. This
   reduces the functionality of the house.
                             y
   Meetings are difficult to hold if
   Brothers can not relieve themselves.
Objective One Provide facility with basic
functionality encouraging fraternal bond
(i.e., hosting weekly fraternity meeting,
occasional socials, d il camaraderie).
       i    l  i l daily         d i )


Objective Two Update house to create an
    j              p
appealing environment for Brothers to
live at the house (Two, bedroom suites on
the second floor).


Objective Three Create lasting
monument to the distinction and
excellence that is Beta Nu.
Plan Highlights
•• Expanded kitchen with new
flooring, cabinets and sink.
        g,
••New bar area to allow for buffet
style service
••Renovated bathroom including
new shower
••Relocation of washer to reduce
clutter
••New chapter meeting room to
facilitate larger group meetings.
••New central A/C
Plan Highlights
•• New kitchenette with small fridge
and microwave for personal eating
••Renovated and expanded bathroom
with all new fixtures
••Renovated and expanded bathroom
  Renovated
••Relocation of washer/dryer to
second floor.
•• Expanded closets
••Built in d k space
     il i desk
••Individually controlled A/C units
Phase One Usability (IN PROCESS)
•• Repair toilets and sewer system
•• Replace existing HVAC system to enable
   heat and A/C of ground floor

Phase Two Protect/ maintain Existing
Structure
•• Repair water leaks and rotting wood
•• Replace wood with cement board
•• Paint exterior wood that can not be
   replaced

Phase Three Enhancement and Major
Renovation.
•• Demolish study and expand kitchen
•• Renovate and update all bathrooms
•• Expand upstairs bathrooms
•• Upgrade electrical system to code
•• Create utility room and provide dryer
Fall 2011
•• Repair toilets and sewer system with
   contributions in hand from Spring 1995
•• Secure 50 active monthly contributors from
   Brotherhood (32 ““verbal”” commitments to
   date, 9 actives)
   d          i )
•• Upgrade HVAC system

Fall 2011 Spring 2012
             p g
•• Secure another 30 active monthly contributors
•• Secure services of architect and develop
   detailed plans and budget
•• Solicit funding for project

Spring/Summer 2012
•• Finalize financing
                    g
•• Award construction contract
•• Begin and finish construction (3 mo duration)
The Housing Foundation needs a consistent and dependable
stream of income to secure the financing necessary to design
and renovate the house.

Beta Nu has set a goal of 80 active monthly contributors
donating an average of $32 per month. This level of financing
will generate:
  $2,560 dollars per month
  $30,720 per year
  $153,600 over 5 years

Funds in excess of debt service will be reserved for possible
future purchase of adjoining property.
What is the concept?
   32 Brothers (members of Spring 1990 and 1995) have already committed to giving $32 a month for
   the next five years to the Beta Nu Housing Foundation (BNHF) by way of the Beta Nu Gives Back
   (BNGB) on line platform (http://www.betanugivesback.org/donate.html).
   These early adopters collective pledge will exceed $12K per year and $60K over 5 years.

How do I become one of the 80 contributors?
  Option 1 (Paypal)
     If you are not already become a member of Pay Pal. Process will take 10 12 minutes max.
     Sg
     Sign up for ““BN Housing Subsc pt o opt o at http://www.betanugivesback.org/donate.html.
               o        ous g Subscription”” option  ttp //     beta ug esbac o g/do ate t

   Option 2 (Automatic Monthly ACH draft)
      Contact Brother Charles Frazier (cfrazier@edchousing.com) to request routing and bank
      account number (i.e.., the number you receive will be a special purpose sweep account, not the
      Foundation’’s main account number.)

Next Steps:
   Sign up online or via ACH draft yourself and begin pledging immediately.
   Present this concept to your line, obtain commitments from as many as possible and respond to
   Brother Lorin Crenshaw (lorincrenshaw@yahoo.com) to confirm your line’’s 100% or partial
   commitment to joining this effort.
How will the funds be administered?
   Funds will be transferred on a quarterly basis from BN Gives Back to the Beta Nu Alumni Housing
   Foundation, Inc. The Foundation will direct funds consistent with the 3 phase plan above.

   Quarterly reports related to this campaign will be posted on the BNGB website.
   As monthly cash flow grows a percentage of revenue will be Earmarked for scholarship It is
                                                                               scholarship.
   anticipated that the foundation will spend a higher percentage of revenue on charity as the housing
   goals are accomplished.

Will the pledges be tax deduct b e
     t e p edges ta deductible?

   Not immediately. Neither Beta Nu Gives Back nor the Beta Nu Alumni Housing Foundation, Inc. are
   501 c(3) organizations. Therefore donations would not be tax deductible as of today. The Beta Nu
   Alumni Housing Foundation is securing the services of a law firm to facilitate the document filings
   required to receive the 501c(3) status.

   The IRS tax exemption is expected by mid year 2012. However your donations given in 2011 may be
   deductible based on our success with the IRS Filing. This Process has started.

   When the IRS tax exemption is granted Brothers may redirect contributions toward it,
   making them tax deductible.
Two levels of involvement have been established and will be members recognized during the
80th Anniversary celebration in 2012. However, it should be noted that records of all
contributions will be kept and turned over to the Chapter historian. Any brother who wishes his
contributions to remain anonymous may elect to do so.
                              y         y

Foundation Members: Brothers who are active contributors to the chapter at the $15 to $32
level for 12 months or more will have their name engraved displayed on a plaque in the house
as official members of The Beta Nu Alumni Foundation.

The Chapman Club–– Brothers who contribute at the $32 dollar per month level or more for 12
months or more will have their name engraved and line information displayed on a plaque
outside the house as officials members of the Chapman Club. Chapman Club Members will
                                                 p              p
receive also receive a commemorative shirt in thanks for their contribution.
The Foundation has engaged the services of an architect to begin the
Th F       d ti h             d th      i      f     hit t t b i th
construction drawings for the project, with goal of going to permit by mid
January.
A contractor has been hired and has provided preliminary estimates of $60 65K
                                        p         p          y                  5
for the complete project
The 501(c)3 process has started. We anticipate making application to the IRS by
the end of the year. Contributions should be tax deductible based on approval of
the application
     application.
The Foundation is reorganizing and formalizing new bylaws and mission
statements. It is essential that chapter charity and scholarships flow through the
foundation. This will ensure the viability of the 501(c) 3 status.
The Foundation currently has approximately $6K in cash, $2K of which is
reserved for property taxes.
Raise an additional 5 ,000 dollars liquid in order to start construction by February
    R i        dditi   l       d ll li id i        d t t t          t ti b F b
    1,2012
    Secure a minimum of 10 additional brothers to contribute at the Chapmen Level
    And 10 at the Foundation member level by Start of construction. This equates to
                                                 y                             q
    an additional 450.00 per month of cash flow.
    Phase I &II to begin in February and conclude by April
    Phase III to begin June and conclude by September

Make a Difference sign up Now : http://betanugivesback.org/donate.html
  Thank You to the Current Contributing Brothers

  Gregory Gilmore, Lorin Crenshaw, Eugene Waiters, Jerome Johnson, Justin
  Smith, Samuel Horton, Alonzo Clark, Brandon Alexander, Cecil Hobbs,
  Reggie Nickson Korey Taylor Mark , Jarrett Datcher Richard McCloud
          Nickson,       Taylor,               Datcher,         McCloud,
  Jarrett Datcher, Korey Taylor, James Patrick, Christopher Shorter, Joel
  Johnson, Charles Frazier , Akil Hameed, William Miller, Brandon Toliver.

More Related Content

Similar to Final eighty brothers_l_-_11-29-2011[2]

Sj Hauck Construction Presentation
Sj Hauck Construction PresentationSj Hauck Construction Presentation
Sj Hauck Construction PresentationMichaelDayer
 
Sj Hauck Construction - Learn More
Sj Hauck Construction - Learn MoreSj Hauck Construction - Learn More
Sj Hauck Construction - Learn MoreSteveHauck2
 
Charlotte House Unit
Charlotte House UnitCharlotte House Unit
Charlotte House Unitvcbsmarthomes
 
CCI Stock Plan
CCI Stock PlanCCI Stock Plan
CCI Stock PlanDon Loyd
 
DominionLending.oct.13.low
DominionLending.oct.13.lowDominionLending.oct.13.low
DominionLending.oct.13.lowTrina Sweezie
 
Princeton meadows hoa 2019 [autosaved]
Princeton meadows hoa 2019 [autosaved]Princeton meadows hoa 2019 [autosaved]
Princeton meadows hoa 2019 [autosaved]Dr. Christopher Jones
 
High Vista Presentation
High Vista PresentationHigh Vista Presentation
High Vista Presentationzrogers1723
 
2015 Penn South Annual Meeting Financial Presentation
2015 Penn South Annual Meeting Financial Presentation2015 Penn South Annual Meeting Financial Presentation
2015 Penn South Annual Meeting Financial Presentationpennsouthoffice
 
Atlantic Bay 203 K Program Carol Millis
Atlantic Bay 203 K  Program   Carol MillisAtlantic Bay 203 K  Program   Carol Millis
Atlantic Bay 203 K Program Carol Milliscarolmillis
 
2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some Stability
2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some Stability2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some Stability
2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some StabilityTom Blefko
 
Griffith Uni Presentation 040815
Griffith Uni Presentation 040815Griffith Uni Presentation 040815
Griffith Uni Presentation 040815Gerry Chia
 
TSG - A premiere real estate investment and development company in Miami
TSG - A premiere real estate investment and development company in MiamiTSG - A premiere real estate investment and development company in Miami
TSG - A premiere real estate investment and development company in Miamiraulsanchezvarona
 
The Leadership of Raul Sanchez De Varona at TSG
The Leadership of Raul Sanchez De Varona at TSGThe Leadership of Raul Sanchez De Varona at TSG
The Leadership of Raul Sanchez De Varona at TSGraulsanchezvarona
 
Septembernewsletter Ap10
Septembernewsletter Ap10Septembernewsletter Ap10
Septembernewsletter Ap10bobbyfreemantx
 
203k Presentation for Realtors
203k Presentation for Realtors203k Presentation for Realtors
203k Presentation for RealtorsGo2Training
 

Similar to Final eighty brothers_l_-_11-29-2011[2] (20)

Sj Hauck Construction Presentation
Sj Hauck Construction PresentationSj Hauck Construction Presentation
Sj Hauck Construction Presentation
 
Sj Hauck Construction - Learn More
Sj Hauck Construction - Learn MoreSj Hauck Construction - Learn More
Sj Hauck Construction - Learn More
 
Sabine House Unit
Sabine House UnitSabine House Unit
Sabine House Unit
 
Charlotte House Unit
Charlotte House UnitCharlotte House Unit
Charlotte House Unit
 
CCI Stock Plan
CCI Stock PlanCCI Stock Plan
CCI Stock Plan
 
DominionLending.oct.13.low
DominionLending.oct.13.lowDominionLending.oct.13.low
DominionLending.oct.13.low
 
Princeton meadows hoa 2019 [autosaved]
Princeton meadows hoa 2019 [autosaved]Princeton meadows hoa 2019 [autosaved]
Princeton meadows hoa 2019 [autosaved]
 
High Vista Presentation
High Vista PresentationHigh Vista Presentation
High Vista Presentation
 
Vivienne House Unit
Vivienne House UnitVivienne House Unit
Vivienne House Unit
 
2015 Penn South Annual Meeting Financial Presentation
2015 Penn South Annual Meeting Financial Presentation2015 Penn South Annual Meeting Financial Presentation
2015 Penn South Annual Meeting Financial Presentation
 
Free House Presentation
Free House PresentationFree House Presentation
Free House Presentation
 
CSCHFHLOG2013
CSCHFHLOG2013CSCHFHLOG2013
CSCHFHLOG2013
 
Atlantic Bay 203 K Program Carol Millis
Atlantic Bay 203 K  Program   Carol MillisAtlantic Bay 203 K  Program   Carol Millis
Atlantic Bay 203 K Program Carol Millis
 
2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some Stability
2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some Stability2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some Stability
2023 NAR Profile of Home Buyers and Sellers - Big Changes & Some Stability
 
Griffith Uni Presentation 040815
Griffith Uni Presentation 040815Griffith Uni Presentation 040815
Griffith Uni Presentation 040815
 
TSG - A premiere real estate investment and development company in Miami
TSG - A premiere real estate investment and development company in MiamiTSG - A premiere real estate investment and development company in Miami
TSG - A premiere real estate investment and development company in Miami
 
The Leadership of Raul Sanchez De Varona at TSG
The Leadership of Raul Sanchez De Varona at TSGThe Leadership of Raul Sanchez De Varona at TSG
The Leadership of Raul Sanchez De Varona at TSG
 
Septembernewsletter Ap10
Septembernewsletter Ap10Septembernewsletter Ap10
Septembernewsletter Ap10
 
203k Presentation for Realtors
203k Presentation for Realtors203k Presentation for Realtors
203k Presentation for Realtors
 
Princeton meadows HOA 2020
Princeton meadows HOA 2020Princeton meadows HOA 2020
Princeton meadows HOA 2020
 

Recently uploaded

Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...lizamodels9
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 

Recently uploaded (20)

Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 

Final eighty brothers_l_-_11-29-2011[2]

  • 1. Meeting the Beta Nu Standard of Excellence byTransforming our H House i into a R Respected Monument dM
  • 2. The original house was owned by Rev. Bro. Moses General Miles The Fraternity lost the house in 1995 to the University Several Brothers including Tirrell Whitley engaged in an extensive search and fundraising process Dr. H D Humphries stepped up to purchase the current house in 1997, hi d h h h i issuing a mortgage to the chapter Under th l d hi U d the leadership and tenacity of R dt it f Reggie Mitchell and i Mit h ll d contributions of several Brothers the mortgage on the current house was paid off in 2009 2009.
  • 3. •• Damage to roof is allowing water D t f i ll i t leaks. •• The ceiling is not insulated, g , resulting in higher utility bills. •• Drywall damage in upper bedrooms caused by water leaks. Mold is also evident in this picture. p
  • 4. •• Molding drywall in upper floors. Mold can contribute to unsafe indoor air quality and significantly reduces market value of house house. •• Exterior siding is in horrible shape shape. Siding should be replaced with Hardi cement siding or replaced in spots, striped and repainted. Cement board will provide best long term solution.
  • 5. •• Actual holes in exterior sheathing. This sheathing is not only unsightly but allows additional water into structure that can cause more damage. •• The bathrooms in the house do not work and have a foul smell. This reduces the functionality of the house. y Meetings are difficult to hold if Brothers can not relieve themselves.
  • 6. Objective One Provide facility with basic functionality encouraging fraternal bond (i.e., hosting weekly fraternity meeting, occasional socials, d il camaraderie). i l i l daily d i ) Objective Two Update house to create an j p appealing environment for Brothers to live at the house (Two, bedroom suites on the second floor). Objective Three Create lasting monument to the distinction and excellence that is Beta Nu.
  • 7. Plan Highlights •• Expanded kitchen with new flooring, cabinets and sink. g, ••New bar area to allow for buffet style service ••Renovated bathroom including new shower ••Relocation of washer to reduce clutter ••New chapter meeting room to facilitate larger group meetings. ••New central A/C
  • 8. Plan Highlights •• New kitchenette with small fridge and microwave for personal eating ••Renovated and expanded bathroom with all new fixtures ••Renovated and expanded bathroom Renovated ••Relocation of washer/dryer to second floor. •• Expanded closets ••Built in d k space il i desk ••Individually controlled A/C units
  • 9. Phase One Usability (IN PROCESS) •• Repair toilets and sewer system •• Replace existing HVAC system to enable heat and A/C of ground floor Phase Two Protect/ maintain Existing Structure •• Repair water leaks and rotting wood •• Replace wood with cement board •• Paint exterior wood that can not be replaced Phase Three Enhancement and Major Renovation. •• Demolish study and expand kitchen •• Renovate and update all bathrooms •• Expand upstairs bathrooms •• Upgrade electrical system to code •• Create utility room and provide dryer
  • 10. Fall 2011 •• Repair toilets and sewer system with contributions in hand from Spring 1995 •• Secure 50 active monthly contributors from Brotherhood (32 ““verbal”” commitments to date, 9 actives) d i ) •• Upgrade HVAC system Fall 2011 Spring 2012 p g •• Secure another 30 active monthly contributors •• Secure services of architect and develop detailed plans and budget •• Solicit funding for project Spring/Summer 2012 •• Finalize financing g •• Award construction contract •• Begin and finish construction (3 mo duration)
  • 11. The Housing Foundation needs a consistent and dependable stream of income to secure the financing necessary to design and renovate the house. Beta Nu has set a goal of 80 active monthly contributors donating an average of $32 per month. This level of financing will generate: $2,560 dollars per month $30,720 per year $153,600 over 5 years Funds in excess of debt service will be reserved for possible future purchase of adjoining property.
  • 12. What is the concept? 32 Brothers (members of Spring 1990 and 1995) have already committed to giving $32 a month for the next five years to the Beta Nu Housing Foundation (BNHF) by way of the Beta Nu Gives Back (BNGB) on line platform (http://www.betanugivesback.org/donate.html). These early adopters collective pledge will exceed $12K per year and $60K over 5 years. How do I become one of the 80 contributors? Option 1 (Paypal) If you are not already become a member of Pay Pal. Process will take 10 12 minutes max. Sg Sign up for ““BN Housing Subsc pt o opt o at http://www.betanugivesback.org/donate.html. o ous g Subscription”” option ttp // beta ug esbac o g/do ate t Option 2 (Automatic Monthly ACH draft) Contact Brother Charles Frazier (cfrazier@edchousing.com) to request routing and bank account number (i.e.., the number you receive will be a special purpose sweep account, not the Foundation’’s main account number.) Next Steps: Sign up online or via ACH draft yourself and begin pledging immediately. Present this concept to your line, obtain commitments from as many as possible and respond to Brother Lorin Crenshaw (lorincrenshaw@yahoo.com) to confirm your line’’s 100% or partial commitment to joining this effort.
  • 13. How will the funds be administered? Funds will be transferred on a quarterly basis from BN Gives Back to the Beta Nu Alumni Housing Foundation, Inc. The Foundation will direct funds consistent with the 3 phase plan above. Quarterly reports related to this campaign will be posted on the BNGB website. As monthly cash flow grows a percentage of revenue will be Earmarked for scholarship It is scholarship. anticipated that the foundation will spend a higher percentage of revenue on charity as the housing goals are accomplished. Will the pledges be tax deduct b e t e p edges ta deductible? Not immediately. Neither Beta Nu Gives Back nor the Beta Nu Alumni Housing Foundation, Inc. are 501 c(3) organizations. Therefore donations would not be tax deductible as of today. The Beta Nu Alumni Housing Foundation is securing the services of a law firm to facilitate the document filings required to receive the 501c(3) status. The IRS tax exemption is expected by mid year 2012. However your donations given in 2011 may be deductible based on our success with the IRS Filing. This Process has started. When the IRS tax exemption is granted Brothers may redirect contributions toward it, making them tax deductible.
  • 14. Two levels of involvement have been established and will be members recognized during the 80th Anniversary celebration in 2012. However, it should be noted that records of all contributions will be kept and turned over to the Chapter historian. Any brother who wishes his contributions to remain anonymous may elect to do so. y y Foundation Members: Brothers who are active contributors to the chapter at the $15 to $32 level for 12 months or more will have their name engraved displayed on a plaque in the house as official members of The Beta Nu Alumni Foundation. The Chapman Club–– Brothers who contribute at the $32 dollar per month level or more for 12 months or more will have their name engraved and line information displayed on a plaque outside the house as officials members of the Chapman Club. Chapman Club Members will p p receive also receive a commemorative shirt in thanks for their contribution.
  • 15. The Foundation has engaged the services of an architect to begin the Th F d ti h d th i f hit t t b i th construction drawings for the project, with goal of going to permit by mid January. A contractor has been hired and has provided preliminary estimates of $60 65K p p y 5 for the complete project The 501(c)3 process has started. We anticipate making application to the IRS by the end of the year. Contributions should be tax deductible based on approval of the application application. The Foundation is reorganizing and formalizing new bylaws and mission statements. It is essential that chapter charity and scholarships flow through the foundation. This will ensure the viability of the 501(c) 3 status. The Foundation currently has approximately $6K in cash, $2K of which is reserved for property taxes.
  • 16. Raise an additional 5 ,000 dollars liquid in order to start construction by February R i dditi l d ll li id i d t t t t ti b F b 1,2012 Secure a minimum of 10 additional brothers to contribute at the Chapmen Level And 10 at the Foundation member level by Start of construction. This equates to y q an additional 450.00 per month of cash flow. Phase I &II to begin in February and conclude by April Phase III to begin June and conclude by September Make a Difference sign up Now : http://betanugivesback.org/donate.html Thank You to the Current Contributing Brothers Gregory Gilmore, Lorin Crenshaw, Eugene Waiters, Jerome Johnson, Justin Smith, Samuel Horton, Alonzo Clark, Brandon Alexander, Cecil Hobbs, Reggie Nickson Korey Taylor Mark , Jarrett Datcher Richard McCloud Nickson, Taylor, Datcher, McCloud, Jarrett Datcher, Korey Taylor, James Patrick, Christopher Shorter, Joel Johnson, Charles Frazier , Akil Hameed, William Miller, Brandon Toliver.