SPRING 2026
XI LITES
TREASURER'S REPORT DECEMBER 2025 BROTHERS, I have recently assumed the duties of treasurer of the Xi Chapter Alumni Association. Many thanks to Dudley Woody (class of ’74), who held this position for many years, with the support of many active alumni, most of whom are here in Roanoke and a number who live farther away. I am proud to inherit a strong committee to support these efforts. This group is made up of brothers spanning over 50 years, from my own pledge class to recent graduates, all ready to support our efforts. Dudley will continue to be active as the Board's secretary and, as he always has been, a valuable resource in legal and financial matters. A review of our finances shows a solid cash position, with no debt. This is attributed to a well-attended 50-year celebration of the 1975 pledge class of 19 members, increased participation, regular meetings, outreach spearheaded by Brother Mark Edgell and enthusiastic participation in tailgates (actively championed by Brother Whit Gravely). During the remainder of this fiscal year (which runs from June 1, 2025, to May 30, 2026), we will undertake several additional major events intended to directly support the undergraduate chapter and its recruitment functions, and with increasing visibility on and off campus. Our current remaining budget expenses, if approved by the Board, are projected to run about $6,200 this year.
Notably, due to the new Roanoke College football program and the pleasure of tailgating with friends, we now have a 20-foot telescoping portable car flagpole to proudly display our flag so that people can easily locate Pi Kappa Phi alumni at sports and other outdoor College and community events. The Xi Chapter Alumni Association is fully recognized as a 501(c)(7) organization under newly filed articles with the IRS and the Virginia State Corporation Commission. The Association has adopted additional payment options such as Zelle, PayPal and Venmo. These options support reimbursements, dues, contributions and payments for functions and reflect common payment practices in today’s economy. Of course, we still accept cash, checks and bank ACH bill pay payments. More information will be shared soon as we prepare for Alumni Weekend in April and our next fiscal year, which begins June 1, 2026. Fraternally,
LEWIS BORSELLINO
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