Dear ALA colleagues:
The years since ALA’s inception in Jerry Nelson’s living room in Cabo have provided wonderful, life-changing experiences for thousands of young Phi Psis, the ALA faculty, the ALA board, and everyone who gave generously of their time, talents, and resources. The success has been immeasurable!
The ALA financial model has always been driven by a very few major donors who have been “unwav'ring true” in even the most difficult times. But there comes a time when that model exhausts the commitment of even the heartiest Brothers. The ALA’s need to broaden the donor base and incorporate a tuition-based attendance for its leadership training sessions put it in competition with the Phi Kappa Psi Fraternity and the Phi Kappa Psi Foundation for both funding and programming.
It became apparent to the ALA board that it should no longer compete with its related Phi Psi partners, and the time had come to turn over its successful formula to them. For all of these reasons, the ALA board has determined it is in the best interests of the ALA, the fraternity, and the foundation to cease its operations and dissolve. To that end, the ALA will cease all activity and dissolve on October 21, 2016. The telephones, websites, and other social media accounts will be terminated as of that date.
There are stringent processes and requirements for dissolving a 501(c)(3) private foundation, and legal and accounting professionals will ensure all requirements will have been met. The few remaining assets have been distributed in accordance with the Internal Revenue Code. If you were a donor during 2016, you will receive a receipt for donations made this year, so you will have documentation for tax purposes.
We celebrate the years the ALA has been able to provide unique and inspirational programs to thousands of young men and women. The impact they make on their campuses and communities now and in the future will be a testimony to the work of the ALA. You are someone who has supported us in that work, and we thank you and hope you will keep apprised of the new programs that will be offered by Phi Kappa Psi.
The ALA Board of Directors