Education For Those Who Oversee Phi Delta Theta Chapter Houses
The 2019 House Corporation Summit will be held October 11-13 in conjunction with the General Officers Conference in Cincinnati, Ohio.
Through its strategic plan, Phi Delt 2020, Phi Delta Theta is committed to supporting and educating those who provide management and leadership to the Fraternity’s housing stock through this event. Topics covered include property management, risk management, alumni relations and fundraising, maintaining tax and incorporated status, live-in advisors and much more.
The 2019 House Corporation Summit will take place from October 11-13 in Cincinnati, Ohio. The schedule is under development. To see last year’s schedule, visit this link.
A House Corporation representative may register all attending members via their MyPhiDeltaTheta dashboard by using the ‘Register Myself and/or Others’ button once the appropriate conference is selected. In addition, each individual is able to register for the conference.
There is no cost to attend the House Corporation Summit and a $400 travel stipend is provided (for a flight or towards mileage that is calculated at 45 cents per mile from your home to Downtown Cincinnati.) Additionally, a two-night stay and the majority of the meals throughout the weekend are provided during your time with us.
A $400 travel stipend is provided (for a flight or towards mileage that is calculated at 45 cents per mile from your home to Hilton Cincinnati Netherland Plaza. Additionally, a two-night stay and the majority of meals throughout the weekend are provided during your time with us.
Business casual clothing (khakis, shorts, polo-style shirts) for the general sessions, team meetings, and free time will be acceptable.
The House Corporation Summit is made possible thanks to the financial support of the Walter B. Palmer Foundation and other housing sponsors that also attend this event.
The Walter B. Palmer Foundation Endowment Fund started in 1920 with contributions by foresighted alumni brothers. For many years, through 1972, the Fund received $10 from each initiation fee. From 1973 through June 1990, the Fund was self-sustaining except for a $50,000 contribution by the General Council in 1986 and a $1,000 contribution by the Mississippi Alpha chapter in 1982. For the biennium of 1990-92, General Council contributed $10 to the Fund from each initiation fee. The primary purposes of establishing this Fund were two-fold: (1) to make second mortgage loans to assist in financing acquisition and construction of chapter houses; and (2) to provide a monthly annuity of $100.00 to Mildred C. Palmer, widow of Walter B. Palmer. These payments began in March 1926 and continued until her death in 1942.
Since 1924, over 100 chapters have benefited from loans arranged through the “Palmer Fund” for purposes of purchasing, constructing, or refurbishing their chapter houses. Appointed Trustees conduct the business of the “Palmer Fund”. Appointed by the General Council, the Palmer Trustees set all policies regarding loans, review loan applications, and make the final decisions on those applications. The interest rates are also set by the Trustees and do fluctuate from time to time. Usually, the interest rates are substantially lower than other available commercial rates. The Trustees key goals are to protect the purchasing power of the funds for future generations and to provide superior housing opportunities for members of Phi Delta Theta.
To learn more about the Palmer Foundation and their loan process, visit our Housing resources.