How Are Funds Managed?

The AKL Education Foundation manages and invests all funds in each Chapter Restricted Fund (CRF) for the exclusive use and benefit of each chapter. Chapters can use tax-deductible funds from their CRF to take advantage of the exceptional leadership training and character-building opportunities available.

Chapter House & Facilities

A chapter can use its Chapter Restricted Fund to enhance educational space within its chapter house or facilities by working with the AKL Education Foundation grant program. This allows for improvements and upgrades to the learning space within these structures. 

Donating to a Chapter Restricted Fund vs Directly to Chapter or Institution

  • Responsible Foundation Directors will manage your gift to ensure the money is used for its intended purpose and is invested wisely.
  • Your gift establishes a long-term reserve for your chapter to draw upon for AKL and educational purposes. This effectively minimizes the need for frequent appeals to alumni.
  • Your gift is not “held hostage” or subject to intense bureaucracy the way it might be when subject to the varying management styles of changing alumni advisors or university administrators.
  • Gifts made to chapters CRF are tax-deductible to the extent permitted by law. Gifts contributed directly to a chapter, house corporation, or university/institution are not always tax-deductible.