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| A voluntary spirit, or
philanthropic instinct, is alive and well in our society
in the shape of informal community groups, religious
organizations and charitable non-profit organizations.
It is a fact that as a nation, we routinely give 2% of
our annual gross domestic product to them - in excess of
$175 billion annually - and our commitment to this
charitable world is essentially unshaken by political or
economic events. |
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| It was such a
spirit that, in 1989, moved the Gamma Mu Fraternity to
establish its own organization, The Gamma Mu
Foundation, to support the unmet needs of the gay
community on a nationwide and continuing basis. Under
the Internal Revenue Code, the Foundation qualifies as a
501(c)(3) non-profit, tax-exempt organization. While
initial funding was by the founding Board of Directors,
the intent has always been that ongoing support be
provided by Gamma Mu members, their friends, and those
interested in the work of the Foundation.
As described in its Mission Statement, ". . . a
perpetual, philanthropic fund to provide financial
assistance for the health, enhancement, and pride of our
community."
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