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18 Hours & 52 Minutes of Giving: October 19

Phi Mu Foundation’s annual day of giving – 18 Hours & 52 Minutes of Giving – is Thursday, October 19! Save the date and join sisters from around the world as we come together to fundraise for #SistersHelpingSisters!

Here are a few ways you can get involved behind the scenes before the big day: 

Become a Challenge Champion and lead one of the fundraising challenges throughout the day of giving.

Become a Social Media Advocate and help spread the word about Phi Mu Foundation, Sisters Helping Sisters and the positive impact we create for Phi Mu women everywhere.

Plan a fundraiser for Phi Mu Foundation with your chapter members in collaboration with Phi Mu Night Out! Let us know in advance and we can plan to go live with your chapter on social media on the evening of October 19.

– Plan your personal donation to 18 Hours & 52 Minutes of Giving! All donors will be recognized in the 18 Hours & 52 Minutes of Giving Honor Roll and there will be special incentives for Leadership Circle donors (gifts of $500+); Lion’s Den donors (gifts of $250+) and Love, Honor Truth donors (gifts of $100+.)

If you have questions about 18 Hours & 52 Minutes of Giving, please contact Development Officer Angel Sorochak.

Getting Creative with Charitable Contributions to the Foundation

Many members assume that in order to make a gift to Phi Mu Foundation, it must be an immediate cash gift, but that is not the only option. The Foundation provides a myriad of giving opportunities beyond a traditional contribution.

Take a look at some of the creative ways you can give:

Estate Gifts

Estate gifts through provisions in a will or living trust are great ways to contribute to Phi Mu Foundation and allow you to leave a legacy that will create impact for years to come. When you document your planned gift with Phi Mu Foundation, you will also become a member of the esteemed Fidelity Society. It was established in 1992 to recognize women who made the commitment of perpetual support to Phi Mu through a planned gift. Members of the Fidelity Society are among our most loyal donors and are recognized at Foundation gatherings, in Foundation publications and at every Phi Mu National Convention.

Beneficiary Designation

One of the most flexible ways you can make a gift is by making Phi Mu Foundation a beneficiary of your life insurance, IRA and/or retirement assets. Even after you complete the original beneficiary designation form, you are able to update beneficiary designees at any time.

Matching Gifts

A great way to multiply your generosity to the Foundation is to take advantage of your employer’s matching gifts program. Through these, businesses generously offer to match their employees, spouses and/or retirees’ charitable contributions. For example, if you make a $100 gift to Phi Mu Foundation and register it through your employer’s matching gifts program, they will also make a $100 gift to Phi Mu Foundation. This is a great way to double the impact of your charitable giving!

Appreciated Stocks

Gifts of appreciated stocks and mutual funds (owned for more than one year) can provide maximum charitable tax benefits to you and offer a financially sound and convenient method of support to Phi Mu Foundation. In fact, when you make a gift of appreciated stocks or mutual funds, it triggers a double tax benefit – you will receive a charitable tax deduction for the full fair market value and you may be eligible to avoid tax on the capital gain element.

IRA Distribution

A qualified charitable distribution is a withdrawal paid directly from your IRA to a qualifying charity. While income tax is normally due on each traditional IRA distribution, the account owner does not need to pay taxes on the amount transferred to charity. Annual withdrawals from traditional retirement accounts are required after age 70 1/2 and you may be eligible to avoid income tax on your required withdrawal by donating your money directly to a qualifying charity such as Phi Mu Foundation.

Donor-Advised Fund

A donor-advised fund is like a charitable investment account, for the sole purpose of supporting charitable organizations. When you contribute cash, securities or other assets to a donor-advised fund, you are generally eligible to take an immediate tax deduction. Then, those funds can be invested for tax-free growth and you can recommend grants to virtually any IRS-qualified public charity, including Phi Mu Foundation.

2023-25 Foundation Volunteer Interest Survey

We’re excited to announce that the 2023-25 Phi Mu Foundation Volunteer Interest Survey is now open! 

If you are interested in volunteering for Phi Mu Foundation this biennium, please fill out the survey by Friday, June 23. Foundation members will receive extra consideration. If you are a current Phi Mu Foundation volunteer serving on one of these committees, please make sure you also fill out the survey. All current appointments end this summer.

For questions or more information on Foundation volunteer opportunities, please contact Senior Director, Strategic Communications Jessi Horne.

2023-26 Foundation Strategic Plan

We’re excited to announce the Foundation’s 2023-26 Strategic Plan, led by a new vision statement to guide our work: Every Phi Mu supported and empowered through a lifetime of giving and a shared commitment to love, honor and truth. This Strategic Plan highlights our ongoing commitment to investing in the lifetime development of women and supporting the Fraternity’s Diversity, Equity, Inclusion and Belonging efforts.