At the Society’s 59th General Convention, held in New Orleans August 6-8, 2009, it became clear that the current financial crisis has hit the Society hard. The student delegates to the Convention and the alumni officers made a commitment to try to assist the Society by increasing members over the next biennium before the next convention, and to help the Society identify new sources of revenue. One of the student delegates on the budget committee proposed an ongoing campaign called Five for Phi. The idea is that any member can get on the web and make a donation to the Society’s Endowment Fund or to the Phi Delta Phi Legal Institute in amounts containing the number 5. The Legal Institute is a 501(C)(3) entity so gifts to it are tax deductible and the Society may use those gifts for educational purposes such as helping pay for the cost of the General Convention where students learn more about Phi Delta Phi’s purpose and reason for existence, namely ethics and professionalism. Alumni support or contributions to Phi Delta Phi’s Endowment Fund are not tax deductible under the Internal Revenue Code, but may be deductible as business expenses.
The Delegate who proposed Five for Phi, was Erika Reuer. The idea was an inspiration to those that wish to help Phi Delta Phi continue its mission of promoting professionalism and ethics. Whether you donate $5, $55, $250, $500, $555, $5,000 or some other (larger!) amount containing a "5”, please know that the money will be put to good use including helping students from various law school Inns attend the general convention of Phi Delta Phi. Also, don’t forget to pay your voluntary alumni dues on line. Thank you for your continuing support of Phi Delta Phi.