In 1926, Chi Psi anticipated the enormous educational pressures that would begin to bear on college undergraduates and as a result the Fraternity undertook the first Alumni subscribed Educational Trust Fund in the fraternity world. A unique outcome of this first fund drive was that almost 50% of all living Chi Psi’s contributed to the effort. Also, in less than five years the Trust fund had received approximately $565,000, an astonishing figure especially given the fact that the drive was conducted at the height of the Depression! This fund now maintains manageable assets of approximately $2 million in addition to each chapter being required to have its own independent educational foundation. The Trust has been responsible for providing innovative leadership programs and generous fellowships and scholarships to fulfill the needs of undergraduates.