Donate to Alumxi
AlumXi needs your help! We are here to make sure that Tep endures, helping future Teply MIT students find a place they can make their own, just as we all did. To do that, we need your financial support.
Note that AlumXi is a 501(c)7 not-for-profit and contributions are not tax-deductible. If that is a significant concern, you can donate to certain MIT funds instead.
How much to give?⌗
If at all possible, we encourage setting up a recurring, monthly donation. Whatever amount works for you is welcome, but if you’re looking for some guidelines, we’ve prepared a handy chart below. The chart shows several donation tiers – pick the one best for you! If all the alumxi alumni gave at the “alumxi advocate tier”, we would meet our fundraising goal!
| Tier | Recommended amount | In ten years, the interest on your donations will fund… |
|---|---|---|
| Alumxi advocate | (enter your class year above) | |
Squids supporter  |
(enter your class year above) | |
| Purple palace guard | (enter your class year above) |
Dues⌗
Alumxi annual dues are $22 per year. If you setup a monthly donation, that money counts towards your annual dues. If you do not have a monthly donation, then you must contribute at least $22 to be considered a member in good standing and hence eligible to vote in elections.
How to Donate to alumxi⌗
Our preferred way to donate is using through our campaign on givebutter.com, using the form below. If this doesn’t work for you, though, read on for other methods.
Other ways to donate⌗
The form above is the easiest way to donate and it has low fees, but there are other options. Regardless of how you choose to donate, thank very much for your support!
Donation by ACH⌗
If you prefer, you can set up a payment directly to our bank account. For information please contact the treasurer at treasurer@alumxi.com for details.
Donation by Mail⌗
Checks should be made out to “Alumni Association of tEp Inc.” and mailed to:
ALUMNI ASSOCIATION OF TEP INC.
2093 PHILADELPHIA PIKE #2253
CLAYMONT, DE 19703
AlumXi’s mailing address changed to the address above in February, 2020.
Donation by PayPal⌗
We discourage donations via PayPal because of the associated fees, but for some folks it’s the best option. If you’re in that boat, you can use the button below to donate to our account.
Donating to Xi Fellowship Directly⌗
You can also send a check directly to the undergraduates. This is also not tax deductible.
Xi Fellowship
253 Commonwealth Ave
Boston, MA 02116
Giving to MIT⌗
Giving money to MIT helps maintain MIT’s educational excellence and assists the current generation of MIT students to cope with eye-popping cost of an MIT education.
There are two funds of particular interest to MIT alumni of TEP:
The FredFund⌗
Fred Fenning was a beloved member of TEP who died after his airplane experienced a mechanical failure. Fred donated his time generously to the house after graduating and his technical abilities and warm-hearted nature were an inspiration to generations of TEPs.
The FredFund is an endowed scholarship at MIT that was set up by Fred’s parents after his death. The current principal in the FredFund is $513,082 (as of Dec 2013) and it has paid out $284,501 in scholarship funds since its inception in 1998.
Help support scholarships for undergraduates by directing your MIT gift to the FredFund.
The IRDF⌗
The IRDF (Independent Residence Development Fund) provides a pool of money that is used to subsidize loans to Independent Living Groups. The loans are generally used for capital improvement programs.
Xi chapter has made use of IRDF funds for a number of projects, including:
- Fire alarm systems
- Kitchen ventilation
- Double-pane windows
The IRDF provides loans at below-market rates and donations from alumni help make up the difference. Help support much-needed infrastructure improvements at MIT’s ILGs by directing your MIT gift to the IRDF.