Contribution FAQ

Below are some Frequently Asked Questions about Support and Contributions donated to the Mu Chapter of the Sigma Chi Fraternity.

Question: How do I qualify for matching funds?
Answer: Refer to "McPhail Matching Program" and/or contact foundation president Sandy Thomson '59, at 859-291-0423 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Question: In a gift of stock, who pays the commissions and fees?
Answer: The Foundation pays commissions and fees on the transfer of corporate stock gifts.
Question: Are my donations tax-exempt?
Answer: Yes. The Mu Chapter of Sigma Chi Foundation is tax-exempt under IRS Code Section 501(c)(3) and is eligible under IRS Code Section 170(b)(l)(A)(iv) to receive gifts, grants, contributions, donations, and bequests which are deductible for contributors for their Federal income and estate tax purposes.
Question: What are my best options regarding a charitable tax deduction?
Answer: The Foundation recommends you consult with your tax counsel before making a gift of stocks, bonds, mutual fund shares, or personal property. They can assist you in selecting the form of gift and making the correct transfer of title to the Foundation and offer advice on the effect of such gifts and how to identify such gifts on your Tax Return.
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