PI KAPPA ALPHA FOUNDATION
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Source ID: US-CO-SOL-20243007565
Estimated value
As published by the source; may be updated by the buyer.
Scope overview
Charity: PI KAPPA ALPHA FOUNDATION Solicitor: PENNINGTON & COMPANY FUNDRAISING LLC Filing type: Master Campaign: COMMENCEMENT DATE OF CAMPAIGN: THE TERM OF THIS CONTRACT BEGINS ON SEPTEMBER 1, 2023 FOR PRE-CAMPAIGN SERVICES. PENNINGTON WILL NOT SOLICIT FUNDS UNTIL THE LATER OF: (I) JANUARY 1, 2024 OR (II) THE DATE ON WHICH PENNINGTON AND FOUNDATION HAVE COMPLIED WITH ALL SOLICITATION NOTICE, CONTRACT FILING AND DISCLOSURE OR OTHER SIMILAR FILINGS REQUIRED AS A RESULT OF EXECUTION OF THIS CONTRACT. Approved: 2024-03-29T00:00:00+00:00 Campaign dates: 2024-01-01T00:00:00+00:00 → 2024-12-31T00:00:00+00:00 Contract effective: 2023-09-01T00:00:00+00:00 Contract termination: 2025-08-31T00:00:00+00:00 Obligations: THE PURPOSE OF THE FOUNDATION'S CAMPAIGN IS TO OBTAIN DONATIONS TO SUPPORT AND FURTHER THE FOUNDATION'S MISSION (HEREINAFTER DEFINED) AND ITS EDUCATIONAL AND CHARITABLE PURPOSES. THE FOUNDATION'S MISSION IS TO COLLECT, MANAGE AND PRESERVE HISTORICAL ARTIFACTS FOR RELATED MEMBER-CHAPTERS AND HAS EXPANDED TO INCLUDE PUBLIC RECORD KEEPING OF A GOLD STAR MEMORIAL, OWNERSHIP OF A MEMORIAL MUSEUM AND LIBRARY IN MEMPHIS, TENNESSEE, AND TO AID, PROMOTE AND CONTRIBUTE TO THE EDUCATIONAL AND SCHOLASTIC ACHIEVEMENTS OF PI KAPPA ALPHA MEMBERS AND OTHER STUDENTS ACROSS NORTH AMERICA. Compensation assumptions: PENNINGTON & COMPANY FUNDRAISING, LLC (PENNINGTON) ASSISTS THE PI KAPPA ALPHA FOUNDATION (FOUNDATION) STAFF IN DEVELOPING AND IMPLEMENTING A MAJOR GIFT PROGRAM; PENNINGTON CHARGES A FLAT FEE OF $360,000 FOR ITS SERVICES; THE CONTRACT WITH FOUNDATION RUNS FROM 9/1/23-8/31/25; THE SOLICITATION CAMPAIGN WILL RUN FROM THE LATER OF 1/1/24 OR THE DATE WHEN THE SOLICITATION NOTICE REQUIREMENTS ARE SATISFIED TO 8/31/25; PENNINGTON WILL SOLICIT DONATIONS ON BEHALF OF FOUNDATION; PENNINGTON DOES NOT HAVE CUSTODY OR CONTROL OF DONATIONS AT ANY TIME, ALL DONATIONS ARE MADE DIRECTLY TO FOUNDATION.
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