Scholarship Program
Overview
Committed Alumni of the Tennessee Delta Chapter of Phi Delta Theta established a Tennessee chartered Non-Profit Corporation on April 26, 2021. The program is approved for tax-exempt 501(c)3 status. This makes all donations tax deductible from a donor’s annual federal taxes. The purpose of the program is to develop and encourage academic and leadership excellence in the Tennessee Delta Fraternity at Tennessee Technological University (TTU) from recruitment of new members through graduation through the provision of awarding scholarship that recognizes academic achievement, campus activities and honors, chapter service, community involvement and/or professional achievement.
The Scholarship awards are to be used by awardees towards the cost of their TTU university education as well as their university living experience that includes but is not limited to memberships and leadership in the Phi Delta Theta. The Scholarship Program is overseen by a Board of Directors; with overlapping 2-year appointments to administer, solicit donations, and award scholarships to active chapter members that meet the qualifications requirements.
The Board of Directors believes that this scholarship program will provide critical support to the eventual re-establishment of Tennessee Delta to Tennessee Tech’s campus.
Donations and Ways to Give
Cash, cash equivalents, or non-cash assets such as stocks, bonds, non-cash convertible assets, etc., are donated through coordination with the Chairman and/or Treasurer. The donations when received will be treated as tax-exempt, charitable contributions under the IRS’s governing rules for donations to 501(c)3 charitable organizations.
Please make checks payable to Tennessee Delta Scholarship Program.
Mail checks to:
Phi Delta Theta, Tennessee Tech University
Payment Processing
P.O. Box 2187
Columbus, GA 31902-2187
Ways to Give: Stocks, Bonds, or Mutual Funds
Appreciated securities are an excellent choice and tax-wise for making a gift to the Tennessee Delta Scholarship Program. The simplest way to make a gift of publicly traded stocks, bonds, or mutual funds is to use your own broker, who may hold your securities in certificate or ‘book-entry’ form. Simply instruct your broker to transfer your securities to Integrated Financial Partners of Fairfax, Virginia – the authorized financial firm that has established a General Securities account for the Scholarship Program. Details on these types of publicly traded assets donations will be provided at the time a donation is determined. In situations involving publicly traded securities and where Stock Certificates or other securities for which own and hold directly and wish to donate, please contact either the Chairman or Treasurer of the Scholarship program. Specific tax implications of a donation of stocks, bonds or mutual funds must be determined in consultation with your financial advisor and/or CPA.
Contact Points for More Information
David Swindle #106
Chairman
Mobile: (240) 447-5782
Email: davidswindlejr@comcast.net
Jay Grannis #173
Treasurer
Mobile: (615) 319-5758
Email: jgrannis@gcpas.com