Buffalo Alumni Chapter of Kappa Alpha Psi Fraternity, Inc. Endowment Fund
Securing the Future
William Bobo, Jr. is celebrating his 50th year as a member of the Kappa Alpha Psi Fraternity, Inc. When he joined the fraternity, he never imagined the camaraderie or the opportunities to give back he would gain for decades. William is proud of the positive impact the Buffalo Alumni Chapter of his fraternity has made in the community by mentoring young leaders to carry on their shared core values for generations to come.
William’s fraternity brother Andrew Johnson, Jr., the self-described “keeper of the coin” for the Buffalo Alumni Chapter, knows that every penny counts toward making a difference in the community. When he became treasurer, he noticed there was an account that was not being used, so he gathered a couple of fellow brothers to figure out the best place to invest it. During that search, they were introduced to the Community Foundation for Greater Buffalo.
“We wanted to find a way to invest the money that would provide us with opportunities to give additional funds outside of our scholarships,” said Andrew. “By establishing an endowment at the Community Foundation, we knew the money would not run out. It allowed us to put safeguards in place to ensure the money would be used to carry out our mission forever.”
The next generation of the Buffalo Alumni Chapter, led by current president Justin Lewis, is appreciative of the financial foresight and guidance put in place by the elder brothers to carry on the fraternity’s commitment to service.
“I have learned about what an endowment is and how important it is to carry on our mission,” said Justin. “Sustainability and growth are important to me as a young leader in a historical fraternity that is about to turn 100 years old. I want to make sure we are still here and making a positive impact for another 100 years.”