Omega Giving Club
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Frequently Asked Questions
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- How do I donate?
- Which donation method should I choose: Direct Bank Withdrawal or Credit Card?
- Is my personal and financial information safe?
- Can I still make a one time donation instead of a monthly recurring donation?
- When does the monthly recurring donation stop?
- Can I change the recurring donation amount at any time?
- What percentage of the donation does Chi Phi receive?
- Are there other ways I can donate?
- Are donations to OTA tax deductible?
- Are donations used to pay the house mortgage or other operating expenses?
- How do I update my personal contact information and mailing address?
- Why should I donate to OTA/Chi Phi?
- Will the Omegaron newsletter still be published?
- How do I determine my checking account routing number?

How do I donate?

- First, determine which giving method you will choose. See the "which donation method should I choose" FAQ for additional information. Keep in mind that Direct Bank Withdrawal is preferred since Chi Phi receives 100% of the donation.
- Next, visit the giving page and follow the instructions for the method that you select.
- Then, depending on your giving method, you can either submit the donation online or send the donation to OTA via mail or fax.
- If you have any questions, contact OTA or your Giving Captain (visit the home page for contact information).
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Which donation method should I choose: Direct Bank Withdrawal or Credit Card?

- The preferred method of giving is via Recurring Direct Bank Withdrawal.
- Chi Phi receives 100% of the donation when submitted via Direct Bank Withdrawal since no fees are levied by our bank. When paying via Credit Card, Chi Phi only receives ~90% of the donation after fees are paid to the bank, credit card companies, etc.
- Both methods are equally secure.
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Is my personal and financial information safe?

- Chi Phi takes strict precautions to keep your data safe. We utilize Merrill Lynch's secure payment platform for all Direct Bank Withdrawals. For Credit Card payments, we use PayPal which has one of the lowest fraud rates in the industry and is highly committed to customer security. NOTE: You DO NOT need a paypal account to pay via credit card.
- Remember, do not email your donation form since that is not a safe method of communication. Please send it to Chi Phi via regular mail or fax as listed on the donation form.
- Donation forms are kept safe by the OTA Treasurer and are shredded once they are no longer required.
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Can I still make a one time donation instead of a monthly recurring donation?

- Of course. Please submit one time donations online (visit the giving page for directions) or send one time donations to the following address. Or, see the "other ways to donate" FAQ for information on other donation methods.

Send Payments to:
Omega Trust Association
245 N. Highland Ave.
Suite 230-159
Atlanta, GA 30307

Please keep in mind that OTA is working to minimize fundraising costs by cutting back on one time giving letters (which is the premise behind the migration to monthly automatic recurring donations). Therefore, as more alumni donate on a monthly recurring basis the cost of donation mailings will decrease since those alumni will not receive the one time donation requests. Monthly donations are less expensive for OTA to administer and allow more of the donations to go towards Chi Phi instead of to the marketing and printing companies.

If you choose one time donations over recurring monthly donations, please consider setting up a monthly/quarterly/yearly recurring donation through your online banking account. This will help OTA to minimize the expense of costly reminder mailings and will minimize the effort of writing checks to OTA.
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When does the monthly recurring donation stop?

- Since the monthly recurring donation is a replacement for Chi Phi's annual giving plan, we hope that you will be committed to Chi Phi for the long term. That said, it is up to you when you stop donating. You can stop your donation at any time online or by contacting OTA or your Giving Captain (visit the home page for contact info). We request that you commit to at least 1 year to minimize the administrative costs to start and stop donations.
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Can I change the recurring donation amount at any time?

- Yes, login online or contact OTA or your Giving Captain with your changes (visit the home page for contact info). However, to minimize administrative costs, please limit changes as much as possible.
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What percentage of the donation does Chi Phi receive?

- When donating by Direct Bank Withdrawal, Chi Phi receives 100% of the donation. When donating by Credit Card, Chi Phi receives ~90% of the donation due to credit card fees, bank fees, etc. See the "which donation method should I choose" FAQ for more information.
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Are there other ways I can donate?

- Absolutely, there are many ways to donate besides recurring monthly donations:
  - One time donations (see the "one time donation" FAQ for more information)
  - Bequests
  - Endowments
  - Like-Kind
  - Life Insurance Policies
  - Stocks, Bonds, or Other Securities

Visit the Other Ways to Donate page for detailed information and examples.

Contact OTA or your Giving Captain for more information on alternate donation methods (visit the home page for contact information).
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Are donations to OTA tax deductible?

- Cash donations to OTA are not tax deductible.
- Some of the donation methods listed under the "other ways to donate" FAQ can provide tax benefits.
- Also, donations to the Omega Chapter Excellence Fund within the Chi Phi National Educational Trust are tax deductible and directly benefit the Omega Chapter.

Contact OTA or your Giving Captain for more information on alternate tax deductible donation methods (visit the home page for contact information).
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Are donations used to pay the house mortgage or other operating expenses?

- No. Mortgage payments, general maintenance, and house operating expenses will continue to be funded by rental income.
- OTA will focus ALL of the Omega Giving Club fundraising dollars on improvements directly related to the benefit of alumni, guests, and family who visit the house for events such as Football games and Shrimp & Beer.
- Additionally, the Omega Giving Club funded two major house repairs in Fall 2007: the men's shower room and the roof over rooms 9, 10, 11, & 12.
- In the future, the Omega Giving Club will fund major house renovations and expansions as the Chapter grows.
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How do I update my personal contact information and mailing address?

- We will be happy to update your contact info for you. Simply contact OTA or your Giving Captain (visit the home page for contact information).
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Why should I donate to OTA/Chi Phi?

- The Chi Phi friendships that you made during your time at Tech have lasted many years and are your best friends. Giving back to Chi Phi is a way of saying thanks for those friendships.
- Donating to Chi Phi enables the current Actives to enjoy the things that you loved about your fraternity and will enable them to build strong lifelong friendships too.
- We are all proud of our Chapter House and want to visit with our family and friends for football, Shrimp & Beer, etc. Donating allows OTA to continue to improve and maintain the house for generations to come.
- In the years leading up to the contruction of our Chapter House, each brother donated a recurring amount starting from their first year after graduation. After only a short period of time, we were able to build the house. OTA is continuing this tradition to provide continued improvements to the house.
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Will the Omegaron newsletter still be published?

- Yes, the Omegaron will still be published and mailed to all living alumni once a year. It will also be available electronically on our website.
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How do I determine my checking account routing number?

- Your checking account routing number can be found printed on your checks. See the image below for an example:
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