Posted on Feb 13 2019 - 5:14pm
The 50th Anniversary sparked a lot of conversation about the future – primarily how does ΤΕΦ thrive for the next 50 years. The Lambda Phi Epsilon Alumni Association (LPEAA) has spent the last two years working on an answer to that question.
The LPEAA Property Committee has documented the one time and repeating costs to keep the Sisson Mansion in outstanding condition over the next 50 years. This will require an average of $16,000 a year to be spent on property maintenance.
Over the last 10 years, on average, the Active chapter has been able to fund $8,000 per year for property maintenance.
That leaves a gap of $8,000 per year to properly maintain the Sisson Mansion over the next 50 years.