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Tau Beta Pi, the Engineering Honor Society
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Chapter Endowment Initiative

$100,000 Donors
Randy AlexoffRandy Alexoff Jim AndersonJim Anderson David BruleDavid Brule Tom CraneJerry Rawls Les HollandLes Holland Stanley KorzepStanley Korzep
Harry LangeHarry Lange Yung LimBarbara Ralph Rockow Harry LongwellHarry Longwell James McGrannJim McGrann Jerry RawlsJerry Rawls Ralph RockowBarbara Ralph Rockow
Renee SchoenbornRenee Schoenborn Larry SimonsonLarry Simonson R. Dudley WhiteR. Dudley White Peter WrightPeter Wright    

While we have served our mission well, honoring those students and industry professionals who have achieved this status, the Association has also worked tirelessly to get new students into engineering, provide financial support to those completing undergraduate degrees, and encourage study at master's and doctorate levels. While not mandated in our governing documents, our leaders envisioned a higher purpose in our work and have approved programs over the years to meet the needs and changing environment of the engineering profession.

All of us at Tau Beta Pi are proud that our members are among the most recognized and successful leaders in the engineering and business communities. Our alumni are the founders, innovators, and senior executives of a multitude of enterprises and the accomplishments of members such as Andy Grove, Jeff Bezos, Jack Kilby, David Packard, Buzz Aldrin, and many others inspire us all.

Tau Beta Pi seeks to ensure that the next generation of engineering leaders also have the opportunity to benefit from their membership in Tau Beta Pi—to enjoy the learning, camaraderie, service, and recognition that serves as the springboard to their future success. We are asking our alumni to participate in securing that opportunity for the outstanding engineers of the next decades through a unique connection between our alumni and our chapters.

Tau Beta Pi has recently created a new program, the Chapter Endowment Initiative, by which alumni, companies, and foundations can permanently endow the Association's activities that support any of our 251 student chapters.

Tau Beta Pi has always been a lean operation and we currently have only 16 staff members whose efforts are supplemented by over 100 dedicated volunteer Association Officials. On the local level, over 2,000 students and alumni offer their time to provide leadership to the collegiate chapters.

As we look toward the next decade, we want to continue to offer the same benefits we do now and also bring on value-added programs for our members in the future. To do this, Tau Beta Pi will need additional resources. That is the purpose of the Chapter Endowment Initiative. See the case statement here.

Chapter Endowment Initiative Update

At this time, endowed collegiate chapters at the level of $100,000 or more include:
California Delta Univ. of Southern California $100,000
California Upsilon Cal State Sacramento $100,000
Colorado Zeta U.S. Air Force Academy $100,000
Florida Gamma Univ. of South Florida $105,000
Illinois Alpha Univ. of Illinois at Urbana-Champaign $187,520
Indiana Gamma Univ. of Notre Dame $125,000
Iowa Alpha Iowa State Univ. $110,289
Louisiana Alpha Louisiana Sate University $100,000
Maryland Beta University of Maryland $135,000
Michigan Beta Michigan Tech. University $100,000
Michigan Gamma Univ. of Michigan $104,912
Michigan Epsilon Wayne State Univ. $250,000
Michigan Zeta Kettering Univ. $100,000
Mississippi Alpha Mississippi State Univ. $110,000
Missouri Beta Missouri Univ. of Science & Tech. $100,000
New Jersey Alpha Stevens Institute of Tech. $100,228
New Jersey Delta Princeton Univ. $100,000
New York Delta Cornell Univ. $105,000
Ohio Alpha Case Western Reserve Univ. $100,000
Ohio Beta Univ. of Cincinnati $100,000
Ohio Gamma The Ohio State Univ. $100,000
Ohio Epsilon Cleveland State Univ. $100,000
South Dakota Alpha (twice) South Dakota School of Mines & Tech. $204,675
Texas Beta Texas Tech University $100,113
Virginia Alpha Univ. of Virginia $115,000
Wyoming Alpha Univ. of Wyoming $100,000

While our current financial situation is stable and the total amount of alumni giving is up, we are noticing that our older, more consistent donors are passing on and the students taking their place today are unable to give as generously as they are saddled with considerable debt burdens resulting from the cost of their education. The resulting trend is a fewer number of gifts but, fortunately, larger average gifts. While things are going well because we're bringing in more money each year, a trend of decreasing number of gifts is not sustainable over the long run.

Our preference is not to pass on costs to the students as many universities have made a standard practice of tuition hikes. Tau Beta Pi feels that our students should continue to pay an initiation fee so that they value their association with us, but to increase it significantly would be prohibitive to many students. We strive to recognize achievement of all students, not just those with financial resources.

Based on input from our alumni and students, and in an effort to better serve them, we have been adding programs for the last forty years (District, Engineering Futures, MindSET) with no permanent source of revenue for these programs. Annual alumni giving has provided the bulk of support, but no major campaign to provide lasting support was conducted. Our plan is to increase our endowment so we can continue to provide the professional development experiences and leadership training for the future engineering leaders of our society as well as give out more scholarships.

We hope you will consider joining in this effort as we seek to raise $25 million over the next 10 years.

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