The Review of Psi Upsilon, Winter 2020

Review The

of Psi Upsilon December 2020

Honoring “our best networker” by underwriting new annual Economic Symposium the annual educational event. “This will allow us to plan longer term...invest to make it a polished event that brothers will look forward to each year” says Foundation Chair Alex Senchak, Eta ‘06.

The Symposium will be simulcast for all brothers to participate in and will be open to undergraduate brothers and younger alumni at a discounted rate thanks to the funding.

To support the Gilrane Economic Symposium, please contact Alex Senchak at ASenchak@psiu.org

A group of generous brothers have come together to honor Patrick Gilrane, Psi ‘83 (Hamilton) for his exceptional networking and relationship skills that have long benefited Psi Upsilon Fraternity. The Foundation has created a fund to underwrite The Gilrane Economic Symposium, an annual event in November that hosts a panel of industry leaders speaking on the outlook of industry trends and related topics that influence business practices and global markets. “Pat is the consummate networker who has really built a great energy around the Psi chapter and International” explains Jeb Beckwith, Psi ‘84, a classmate and brother, “its great to honor him this way”. The panel discussion, held this year virtually on November 12th, will be held in New York City and feature a lunch for attendees. Currently with gifts and pledges of $60,000 (as of 12/15/2020) towards a $75,000 goal, the fund within the endowment will support the costs to host

D. Logan, Psi ‘74 Gilrane Economic Symposium Donors James (Hamiton College)

Alexander C. Senchak, Eta ‘06 (Lehigh University)

John E. Beckwith, Psi ‘84 (Hamilton College)

Thomas Spellane, Psi ‘71 (Hamilton College)

J. Martin Brayboy, Gamma ‘84 (Amherst College) James H. Bresson, Psi ‘83 (Hamilton College)

David A. B. Brown, Epsilon Phi ‘66 (McGill University)

Bradley R. Corner, Omicron ‘72 (the University of Illinois) Thomas J. Fox, Omicron ‘00 (the University of Illinois)

Robin Mancuso, Psi ‘81 (Hamilton College)

Paul Freyr, Psi ‘83 (Hamilton College)

Jeremy K. McKeon, Eta ‘08 (Lehigh University)

Christopher P. Fuller, Zeta ‘89 (Dartmouth College)

Howard G. Morgan

Nathan Harris, Psi ‘07 (Hamilton College)

Edward J. Murphy

Christopher Jusuf, Psi ‘15 (Hamilton College)

Patrick M. Murphy, Psi ‘80 (Hamilton College)

John Keim, Psi ‘81 (Hamilton College)

David K. Nichols, Psi ‘77 (Hamilton College)

Christopher Kilbourne, Psi ‘78 (Hamilton College)

John F.H. Ong, Gamma ‘82 (Amherst College) 1

George Spencer, Psi ‘85 (Hamilton College) Graham S. Stephens, Psi ‘04 (Hamilton College)

Philip C. Timon, Tau ‘86 (the University of Pennsylvania)

As of December 12.15.2020

Donor Spotlight: Jack Withiam Profile, Psi ‘71 (Hamilton) Jack Withiam, Psi ’71 (Hamilton College), resides in Greenwich Connecticut after retiring in 2011 from his position as Senior Vice President and General Counsel at George Little Management LLC. Jack joined the family company of George F. “Jeff” Little, Psi ‘71, in 1978. Jack and Jeff have remained close friends through personal and professional environments over the last 53 years.

Jack’s friendship with Jeff began in the Psi house; Jack comments that the brotherhood was a closeknit group and in fact, he could have worked professionally with a number of his brothers in the house after graduation. To this day, a regular email-chain keeps the Psi brothers connected and aware of upcoming reunions and events in one another’s lives.

With a foundation of comradery, honesty, and academic accomplishment, the 40 odd brothers also kept the Psi house a center of campus life; they worked together to open up the Great Hall – removing furniture from the room, setting up the stage for live bands – to host the student body weekly. In the 70s Hamilton’s social life revolved around fraternities.

When the Psi brothers were not hunched over their textbooks to achieve some of the highest GPAs on Hamilton’s campus, most of the Psi brothers also had commitments to the basketball, football, hockey, and soccer Varsity teams. Brother Withiam fondly describes meals prepared by Mrs. Gardner (or “Mrs G” for those who knew her intimately) that included breakfast to dinner and countless cups of coffee and beer in between. Brother Withiam describes the Hamilton community as open and friendly, but no bonds were as strong as those between fraternity brothers.

Jack shares that two years ago, Frank Coffey, Psi ’69, developed cancer. Quickly, the brotherhood rallied together to provide financial and emotional support.

To Jack, it was unquestionable that his brothers would be there for one another and they met and exceeded his high expectations. Brother Coffey has now recovered and sends his fellow brothers short videos of him shooting hoops skillfully with the coach of the Golden State Warriors.

Brother Withiam went to Hamilton College on a scholarship. He is continuously grateful to the unknown patrons who supported him through it and expresses his

gratitude through donations to the Psi Upsilon Foundation. Jack humbly expresses that he is proud that he can support future generations of brothers to form, and benefit from, the same type of friendships that have sustained Jack into retirement.

Further, Brother Withiam served on Hamilton’s College Board. In 1978, Hamilton became co-ed and the College Board became aware that they needed to provide more inclusive residence options for female students and moved to rennovate and acquire the Psi chapter house.

The land was owned by Hamilton, thus restricting Psi Upsilon’s agency. Brother Withiam helped negotiate fair evaluations of the Psi house so that the property would be bought for market value and the money could be reinvested in scholarship programs and special events for brothers. Psi chapter memorabilia remains in the renovated dormitory that now houses over 50 students.

Jack reflects on the work of Patrick Gilrane, Psi ’83, who launched, and continues to run, Psi’s Career Day. This program actually lasts a full weekend and includes everything from mock interviews to trips to bowling alleys to unite undergrads and alumni and support Psi brothers in their career development. This event is open to all class years, and Brother Witham boasts that Psi’s Career Day is indicative of what fraternities stand for: opportunity and fun.

2

Digital Archives Launched! Psiu.org/archive The history of Psi Upsilon is long and storied, and has produced many documents, songbooks, magazines, directories, and written works, many of which are stored physically at the International Office in Indianapolis.

The Psi Upsilon Digital Archives project is providing access to a selection of the records and heritage materials of the Fraternity archives in support of the Fraternity’s educational mission available to our brotherhood through a FREE digital platform.

As an additional goal, the project hopes to give the Fraternity an enhanced multimedia presence by creating assets like digital publications hosted on our upgraded Issuu account, and by creating new edited video content through our YouTube Channel. The Fraternity is also improving access to our existing video content, photos, and prior publications. To participate in the archiving and writing work of the project or to contribute financial support please contact Director of Member Engagement Jonathan M Chaffin,

Digital Archive Patrons Thomas T. Allan IV, Theta Theta ‘89 (the University of Washington) Clifford J. Edmisten, Gamma Tau ‘00 (Georgia Institute of Technology) Heather A. Burns Edmisten, Gamma Tau ‘02 (Georgia Institute of Technology) Joseph O. McCaskill, Chi Delta ‘00 (Duke University) Jacob M. Schmidt, Chi Delta ‘11 (Duke University) Paul H. Travis, Gamma Tau ‘01 (Georgia Institute of Technology) As of December 12.15.2020

2020 CARES Act Information for Year End Giving As we approach the end of the calendar year, the Foundation wanted to remind you of the following tax provisions provided by the CARES Act that may impact your charitable giving for 2020.

• Are you itemizing your deductions this year? Under the CARES Act, itemizers may deduct up to 100% of their adjusted gross income (AGI) for cash contributions made to Psi Upsilon in 2020. This is up from the standard 60% limit in prior years.

New Issue of the Beacon available now!

Did you see it? PsiU.org/Publications • Do you plan on taking the standard deduction? The CARES Act allows for an additional, “above the line” deduction for cash contributions made to Psi Upsilon in 2020. This deduction is limited to $300 for an individual or $300 for couples. Normally, no additional deduction is permitted when taking the standard deduction.

• The CARES Act has suspended required minimum distributions from retirement accounts for 2020.

However, individuals may still make a quailed charitable distribution of up to $100,000 from their IRAs, without the distribution being added to taxable income. Should your donations in 2020 exceed your AGI deduction limits, you may still carry forward excess deduc-

3

tions for up to five subsequent tax years.

• Are you considering a corporate gift? The AGI limit for cash contributions was also increased for corporate donors, allowing corporations to deduct up to 25% of their taxable income. This is an increase from the 10% limit in prior years.

As always, your are encouraged to consult with your tax and legal advisors when considering how these provisions may impact your charitable giving this year. Thank you for your support and for being such an important part of the Psi Upsilon community. Warmest wishes for a safe and happy holiday season.

Foundation Staff Grows!

3” Front 2 1/2”

enjoys watching college football and basketball (Boiler Up!). Tara loves to travel with her two kids and explore new cities, especially the food scene! Reach out to Tara at Tara@PsiU.org!

Top 3/4”

The Foundation is excited to welcome Tara Storm as Psi Upsilon’s new Donor Relations Manager!

Tara joins the Psi Upsilon staff after 14 years experience in direct sales, sales management, and marketing, rising from Sales Manager to Area Sales Leader for Marriott International in both Indiana and Southwest Florida.

She graduated from Purdue University and received a Bachelor’s of Science in Hospitality and Tourism Management in ‘06.

Tara is excited to start this new endeavor and grow with the organization. She will work with the Foundation President and staff to coordinate media related items, support relationship development/engagement, and build outreach strategies. Her stewardship efforts will be on a large scale through direct mail and email as well as personal engagement of our brothers through phone calls.

Tara originally hails from North New Jersey, and loves to cheer on the Yankees. As a sports fan in general, she

Deadline extended to 12/28!

Back 5”

The Foundation is piloting a new limited opportunity to recognize donors and to spread holiday spirit. Kick off the new year right – custom knit Psi U socks!

We will recognize you and a recipient of your choice with a perfect pair of socks for a $60 minimum donation to the Foundation! Increase your donation by $20 dollars for each additional recipient. To send more than 3 people socks, but less than 10 contact jonathan@psiu.org Socks are “one-size-fits-most” (men’s 6-12 and ladies’ 7-13.)

One thing this year has taught everyone is the value of shared experience, something we as brothers of Psi Upsilon are very familiar with.

Please enjoy the warm regard of your brothers with the gift of these stylish 2020 Psi Upsilon Socks; a thank you for supporting the annual fund! www.PsiU.org/socks

Of the $60 donation, $23 will be a tax deductible donation to The Psi Upsilon Foundation (a 501c3).

4

Support the Annual Fund With A Gift Today! www.PsiU.org/Give

Your gift strengthens our robust programs in support of the highest moral, intellectual, and social excellence.

Supporting effective leaders of today, & inspiring leaders of tomorrow.

The Social Impact Fellowship Program provides professional development for emerging leaders who show dedication and promise - professionally or as a volunteer - to a cause for the common good.

The tailored program for each of these distinguished young professionals enhances their leadership skills through various coaching and skills development stipend.

2020 Social Impact Fellowship Steering Committee Chair - Christian Brydges, Nu ’95 (the University of Toronto) Jonathan Chaffin, Gamma Tau ’00 (Georgia Institute of Technology) Mary D’Agostino, Gamma ‘84 (Amherst) Christian A. Klein, Phi Beta ’92 (William & Mary) Gary Pan, Eta ’86 (Lehigh) Alex Senchak, Eta ’06 (Lehigh)

2 0 2 0 FE L LO W S HONOR AR Y SOCIAL IM PA C T F EL L OW

Robert “Bob” Beecroft • Tau ‘62 (Univ. of Pennsylvania) G AMMA CHAPTER COR POR AT ION S EN IOR F EL L OW

Rico Francis • Phi Nu ‘18 DR . SAMUEL FAGER , TA U ‘ 8 1 F EL L OW

Dr. Osman J. Bhatty, M.D. • Pi ‘10

The 2021 Speaker Series begins Thurs Jan 28th, 5pm (PST) Barry Gough, Zeta Zeta ‘62, (University of British Columbia) Admirals & Politicians Register Here Donelan virtual wine tasting for Valentine’s Day 5:30 EST start on Feb 10th

SOCIAL IMPACT F EL L OW

Rhoden Monrose • Beta Beta ‘09

Cushing Donelan, Gamma ‘05 (Amherst College)

SOCIAL IMPACT F EL L OW

Dan Coveillo • Eta ‘13

This program has been generously funded by brothers and especially the members of the Gamma Chapter Corporation and donors to the Dr. Sam Fager Fellowship.

5

Register Here

Special thanks to these brothers who shared insights as part of the Speaker Series & Gilrane Dr. Adam Boyko, Omicron ‘99 Economic (University of Illinois) Symposium!

Tom O’Brien, Pi’ 83 (Syracuse)

Rhoden Monrose, Beta Beta ‘09 (Trinity College)

Philip Timon, Tau ‘86 (University of Pennsylvania)

Peter J. Layton, Omega ’82 (University of Chicago)

David Mace, Zeta ’98 (Dartmouth)

John “Jeb” Beckwith Psi ’84 (Hamilton College)

Your Support Keeps the Speaker Series Free for all our brothers!

Our 2020 Season: USERS”

K

SPEA

ER

L

E

ERAG AV

P

IVIDUA

ER

SERIES

14

I

Upcoming Speakers

ENTS

ND

(Omega, Psi, Gamma, Omega, Zeta, Epsilon Nu, Pi, Tau, Omicron, Kappa, Phi Delta, Beta Beta, Gamma Tau, Xi, Eta) EV

ONS

41

35 “SU

E S

TI

563

TENDE

E!

AT

A

14 Chapters Represented by 17 Speakers!

D OR MOR

GISTR

TENDE

3

RE

AT

Most Popular events:

Fall Foundation Awards Event Harland Coben, Gamma ‘84 (Amherst) Gilrane Economic Symposium

• Barry Gough, Zeta Zeta ‘62

(8pm EST Thurs, Jan 28th)

Admirals and Politicians and Life as a Historian; a discussion with Historian Barry Gough • Graduate School Application Panel Discussion (multiple speakers) • Cushing Donelan, Gamma ‘05 (Amherst College)

Donelan Family Wines virtual wine tasting for Valentine’s Day

(Confirmed early February) (5:30 EST start on Wed Feb 10th)

• Charles M. Hall ESQ, Nu Alpha ‘71 Gamma Tau ‘91 (Confirmed March 6th)

Secrets of Estate Planning &Planned Giving presented by the Schoepflin Society

Donors Supporting the Speaker Series Jordan Brown, Pi ‘18, (Syracuse University)

William G. Cavanagh, Pi ‘72 (Syracuse University)

Bradley R. Corner, Omicron ‘72 (the University of Illinois) James Creedon, Eta ‘83 ( Lehigh University)

Kevin Drakeford, Gamma ‘83 (Amherst College) Patrick Gilrane, Psi ‘83 (Hamilton College)

Michael J. Kokayko, PE, CPD, Kappa Phi ‘88, (Pennsylvania State University)

Thomas McCloskey, Theta ‘83 (Union College)

Oliver Smith, Beta Alpha ‘83 (Miami University of Ohio)

Gregory K. Mueller, Eta ‘87 (Lehigh University)

Kevin H. K. Tierney, Delta Delta ‘60 (Williams College)

Nina-Michelle Roberts, Gamma ‘05 (Amherst College)

Allison Worthington, Kappa ‘83 (Bowdoin College)

Juan Meyer, Gamma ‘83 (Amherst College)

Jay R. LaPanne, Delta Nu ‘89 (Keene State College) Tal Levran, Xi ‘83 (Wesleyan University)

CJ Read-Jones, Chi ‘83 (Cornell University)

Steven Magee, Pi ‘83 (Syracuse University)

Andrew Manasia, Beta Beta ‘83 ( Trinity College)

Patrick G. Sheehy, Beta Beta ‘00 (Trinity College) 6

Mary Sutton, Gamma ‘93, (Amherst College)

John F. Whitaker, Gamma Tau ‘04 (Georgia Institute of Technology)

As of December 12.15.2020

F OU NDA TION BOAR D O F DIRECTO RS

Founder’s Day Video Message from Foundation President & Chair, Alexander Senchak, Eta ‘06 (Lehigh)

P RESIDEN T & C HA I R

Alexander C. Senchak, Eta ‘06 VICE C HA I R

Matthew J. Eckenrode, Epsilon Nu ‘04 SECRET A R Y

J. Martin Brayboy, Gamma ‘84 TREAS U R ER

John F. H. Ong, Gamma ‘82 CHAIR EM ER I T U S

Patrick J. Gilrane, Psi ‘83

DI R E C TO R O F M EM B ER E N G A G E MENT

P A S T C H A I R S / P R E S I DE N TS DIREC T OR S

Garrett W. Gleim, Tau ‘01 Doug Jackman, Omega ‘89 Gary G. Pan, Eta ‘86

Mark D. Bauer, Omega ‘83 Charles M. Hall, Nu Alpha ‘71 Thomas T. Hanford, Gamma ‘62 Samuel J. Tinaglia, Omega ‘88

Jonathan M Chaffin, Gamma Tau ‘00 DI R E C TO R O F A D MI NI ST RAT I O N

Bethann Taylor D O N O R R E L A TI O N S M ANAGER

Tara Storm

Larry Rakers, Omicron ‘86

INVOLVED: Get Involved!

GET

OUR PROGRAMS RELY ON VOLUNTEERS & SUPPORTERS LIKE YOU! Please consider helping the Foundation operate this program in the following ways:

1.

Make a Gift to the Annual Fund

2.

3.

4.

Visit Encourage your Volunteer to PsiU.org/StayInvolved brothers to donate & create or serve on to learn about volunteer learn about Psi Upsilon a committee opportunities Programs

Contact the Director of Member Engagement Jonathan Chaffin, Gamma Tau ‘00, at jonathan@PsiU.org to learn about these and other volunteer opportunities.

More information and make a gift at www.psiu.org 7

Ways of Giving to The Psi Upsilon Foundation Thank you for considering a gift or pledge to The Psi Upsilon Foundation. The Foundation has methods to make it easy for you to complete your gift and fulfill your pledges.

Gifts of Cash & Credit Card: Online:

You can make gifts to the Foundation through the website at https://psiu.org/psi-upsilon-foundation/give/ The online giving site is completely secure and all your information is kept private and safe.

By Phone:

Double Your Gift using your Corporate Matching Gift Program:

Call the International office Monday through Friday 9am-5pm at (317) 571-1833 extension 102.

By Mail:

Send us a gift or a completed pledge card from a recent mailing you’ve received. Your pledge will be booked upon receipt and a reminder will be mailed to you in acknowledgment.

3003 East 96th Street Indianapolis, IN 6240-1357

Gifts of Stock:

To transfer stock to Psi Upsilon Foundation, please contact Bethann Taylor, Director of Administration at bethann@psiu.org. We will provide you with our Fidelity Investment account details.

Planned Giving:

Making provisions in your will and estate planning for Psi Upsilon is a creative way to help in the long term and serves as a legacy to future generations, and helps secure the future of the Psi Upsilon. You can leave a specific asset, a percentage of your estate or the remainder of your estate after you have taken care of other beneficiaries. The Schoepflin Society is a recognition club for those who have named Psi Upsilon as a beneficiary in their will, estate plan or other planned gift. Contact the Foundation administration to discuss options further.

Honor a Brother’s Legacy & Psi Upsilon: There is the special opportunity to honor brothers and memorialize their legacy within the Foundation with a named giving opportunity for an award, scholarship or program. Set up within the Foundation’s endowment, a fund of at least $50,000 in tax-deductible gifts and pledges

18 million people are working for the thousands of companies that match gifts to non-profits organizations. The Foundation can help you submit the documentation to help maximize your gift today. Contact your Human Resources Department or the Foundation’s International Office to learn more.

See if your company has a corporate match here.

Stretch your Giving By Joining our Frequent Flyers Club: Monthly recurring gifts are a great way to spread out payments on an annual fund pledge.

Donors can place monthly or quarterly gifts on a credit card for automatic processing.

It’s a great way to help the Foundation without the burden of a big check.

establishes the award in perpetuity with agreed upon criteria. Groups of brothers may embark to raise the funds from class-mates. Groups of brothers may embark to raise the funds from class-mates and friends. To learn more about this and other opportunities within the Foundation, visit https://psiu.org/psi-upsilonfoundation/give/ or contact Alex Senchak at asenchak@psiu.org.

The Psi Upsilon Foundation is a 501(c)(3) charitable organization. Contributions are tax deductible to the extent allowed by law.

Checks and securities should be made payable to The Psi Upsilon Foundation.