1993 Volume 116 No 1–4 - Phi Delta Theta Scroll Archive

consideration for a Phi Delta Theta
chapter.
Alumni Services
This past biennium, a major
change in General Headquarters
personnel was made in the area of
alumni services. Longtime director
of alumni services, WiUiam R.
(Rusty) Richardson, Tampa '80,
assumed a new position of director
of business affairs. To succeed
Rusty, Gregory J. Soska, Ashland '90,
was named to the alumni services
position. Brother Soska will devote
his fuU attention to the needs and
services of alumni. He has already
developed an informative alumni
club newsletter, visited over 20
alumni clubs, and helped with the
estabUshment of new clubs. He is
currentiy launching an expansion of
the Golden Legion program for
recognition of Phis who have been
members for 55, 60,65,70 and 75
years. Brother Soska is also planning
the very first Alumni Academy to be
held at Miami University in May,
1993, for alumni club officers. The
conference will provide an opportunity
for club officers to exchange
and learn new techniques for
alumni club programming. We
expect great achievements in this
important area over the next few
years, and alumni are encouraged to
contact Brother Soska with input
and suggestions.
Communications
Brother David C. Slatton was
employed as fuU-time editor and
has worked diligently, not only on
magazine related issues, but on
communication efforts as well.The
Scroll is published four times a year
with an average of 81,000 copies
mailed each issue. This past year The
Scroll received interfratemity
recognition from the College
Fratemity Editors Association. It
earned awards for best cover design
and merit recognition for feature
articles. The article about AIDS
written by Dr. Larry Baratta, Tampa
'81, in the summer '92 issue,
received top honors from the
National Interfratemity Foundation
in its 1992 student life awards.
In addition to the recruitment
materials developed by Brother
Slatton, he also spent considerable
The Budget
These are projected bugetary figures for the next two years. Operation income
refers to pledge and initiation fees as well as interest and dividend income from the
Fraternity's investments.
Mitchell Fund (8 0%)
Conferences (4.3%)
Insurance (40 3%
Conlerences (11.7%)
Magazine (7.9%)
Insurance (44.4%
Foundation (8.4%)
time on a new Manual of Phi Delta
Theta. We are also grateful for the
efforts of Brothers Edward G.
Whipple, James C. Hoppe, M. Scott
Mietchen, and Martin M. Taylor as
they assisted with the major revision
of the manual. The new hardbound
edition is now available to all
chapters, Phikeias, and alumni.
Another important communication
service developed over the past
two years is our educational videotape
program. The General Headquarters
now provides more than 15
educational videotapes for loan to
chapters regarding many different
issues such as risk management and
health education. Chapters interested
in the videotape library program
should contact the assistant director
of chapter services, Martin M. Taylor,
at General Headquarters.
Operations (39.0%)
Operations (34.3%)
Foundation (1.7%)
Income
• Operations ($1,965,500)
• Foundation ($422,400)
• Insurance ($2,029,400)
• Conferences ($216,200)
• Mitchell Fund ($405,900)
Expenses
• Operations ($1,764,800)
• Foundation ($89,500)
• Insurance ($2,283,900)
• Conferences ($601,500)
• Magazine ($405,900)
Financial Affairs
The Fraternity has been financially
stable over the past two years. The
combined operating budget of the
Fratemity in the areas of administrative,
education, meeting and conference
management, magazine
management, and risk management
operations has averaged $2.5
million for the past two years. The
Fraternity's financial position
continued to remain strong during
1990 - '92. The graphs above
provide a better illustiation of the
Fraternity's projected income and
expenses for the 1992 - '94 biennium.
It should be noted that in
addition to the financial operations
of the General Fraternity, other
financial operations are separate,
but important to us. These separate
financial operations include the
Educational Foundation which is a
501(C)(3) tax-exempt organization;
the Walter B. Palmer Foundation,
which provides loans for chapter
housing needs; the Frank J. R.
MitcheU ScroU Endowment Fund,
which provides investment income
for the magazine expenses; and the
Canadian Scholarship Foundation,
which provides scholarships for our
Canadian members. The work of
the tmstees of these funds is
Spring 1993 • TheScroU 93