{"id":242,"date":"2026-02-12T12:42:08","date_gmt":"2026-02-12T17:42:08","guid":{"rendered":"https:\/\/aig.uvaalumni.org\/lodge\/?p=242"},"modified":"2026-02-12T12:42:08","modified_gmt":"2026-02-12T17:42:08","slug":"reduce-the-mortgage-fundraising-status-report","status":"publish","type":"post","link":"https:\/\/aig.uvaalumni.org\/lodge\/2026\/02\/reduce-the-mortgage-fundraising-status-report\/","title":{"rendered":"&#8220;Reduce the Mortgage&#8221; Fundraising Status Report"},"content":{"rendered":"<p>Lodge Alumni Brothers,<\/p>\n<p>In early November, we requested the support of Omicron alumni to pay down the principal of our current mortgage by $175,000 in advance of a spike in our interest rate that will become effective in March of this new year. THANK YOU to the 40 alumni brothers (and spouses) that have contributed thus far to this worthy cause. <strong>Through your generosity, we have received over $72,000 in alumni donations, which will be supplemented by a $25,000 grant from the Chi Psi Educational Trust this month.<\/strong><\/p>\n<p>While this is excellent progress, we are still well short of the fundraising goal. We need additional support from our alumni to achieve our ultimate goal \u2013 to keep Chi Psi at UVA financially competitive with other fraternities both now and in the future.<\/p>\n<p>Thus, <strong>we are asking for those who have not yet contributed to make a tax-deductible gift to Alpha Omicron before the end of February to help fill this gap.<\/strong> Donations can be made through the <a href=\"https:\/\/www.givecampus.com\/campaigns\/20145\/donations\/new\">UVA Alumni Association Chi Psi donation page<\/a> or the <a href=\"https:\/\/brother.chipsi.org\/g\/alpha-omicron-dedicated-fund\">Chi Psi Educational Trust Alpha Omicron fund<\/a>.<\/p>\n<p style=\"text-align: center\"><a class=\"btn btn-orange\" href=\"https:\/\/www.givecampus.com\/campaigns\/20145\/donations\/new\">Secure Our Future<\/a><\/p>\n<p>Please help us accomplish this very worthy goal through your generous support by the end of February. Thank you for your consideration, and happy New Year!<\/p>\n<p>Yours in the bonds,<br \/>\n<strong>Randy Spotswood (<abbr title=\"McIntire School of Commerce\">Com<\/abbr> <span class=\"visually-hidden\">class of <\/span>\u201977)<\/strong><br \/>\nAlpha Omicron Fundraising Team<br \/>\n<a href=\"mailto:jrspotswood@outlook.com\">jrspotswood@outlook.com<\/a><\/p>\n<hr class=\"dots orange\" \/>\n<h2><span style=\"color: #232d4b\">Join Us at Foxfield<\/span><\/h2>\n<p>Join Chi Psi alumni at Foxfield, happening April 25, 2026. Please <a href=\"https:\/\/aig.uvaalumni.org\/lodge\/2026\/02\/chi-psi-alumni-foxfield-planning-to-attend-form\/\">use this form to let us know if you are planning to attend<\/a>. We will use responses collected via this form to finalize our ticketing needs. See you there!<\/p>\n<p style=\"text-align: center\"><a class=\"btn btn-orange\" href=\"https:\/\/aig.uvaalumni.org\/lodge\/2026\/02\/chi-psi-alumni-foxfield-planning-to-attend-form\/https:\/\/aig.uvaalumni.org\/lodge\/2026\/02\/chi-psi-alumni-foxfield-planning-to-attend-form\/\">Tell Us Your Plans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lodge Alumni Brothers, In early November, we requested the support of Omicron alumni to pay down the principal of our current mortgage by $175,000 in advance of a spike in our interest rate that will become effective in March of this new year. THANK YOU to the 40 alumni brothers (and spouses) that have contributed [&hellip;]<\/p>\n","protected":false},"author":107,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,9],"tags":[],"class_list":["post-242","post","type-post","status-publish","format-standard","hentry","category-events","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&quot;Reduce the Mortgage&quot; Fundraising Status Report - Chi Psi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aig.uvaalumni.org\/lodge\/2026\/02\/reduce-the-mortgage-fundraising-status-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;Reduce the Mortgage&quot; Fundraising Status Report - Chi Psi\" \/>\n<meta property=\"og:description\" content=\"Lodge Alumni Brothers, In early November, we requested the support of Omicron alumni to pay down the principal of our current mortgage by $175,000 in advance of a spike in our interest rate that will become effective in March of this new year. 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