Approximately one of every three Brothers had received a monetary benefit of some kind by 1993 and the Foundation had provided over 450 awards totaling over $47,000 and more than 180 Grants-in-Aid totaling over $57,000. In addition, it had financially supported Academic Forums and had contributed $10,000 to the Chi Psi Educational Trust to assure that an Alpha Management Retreat and the National Leadership Training Program would take place at Alpha Rho every year as long as the Trust offers these programs. More than half of these benefits had been provided since January, 1984, during the last one fifth of the Foundation's existence.

In June 1991, long-time President Jerry Wharton, P 1925, proposed that the Foundation Board be expanded from five to seven Trustees, that the position of Secretary-Treasurer be split into two functions, that the position of Chairman of the Board be created and that the 1949 By-Laws be amended and restated to reflect these changes and to conform to present-day law governing tax-exempt organizations. Brother Wharton would occupy the Chairman of the Board post and Jack F. Schwanhausser, P 1946, would advance to President. Mark W. Musser, P 1986, assumed the Secretary title and stood for one of the new Trustee slots. Roger Parsons, P 1960, would be the new Treasurer and John R. McCabe, P 1970, Financial Assistance Officer for the University, would stand for the other Trustee position. The Certificate changes would require formal presentation for consideration at the Spring Annual Meeting, but in accordance with the existing By-Laws, the Foundation began operating with its new assignments in place.

Also in 1991, two new Memorial Funds were established; one, announced in 1990, in honor of Brother A. Dudley Watson, P 1915, whose $5,000 bequest was received in 1991, the other in honor of Brother Thomas E. Phillips, P 1931, who passed away August 18 and whose widow requested donations to the Foundation in lieu of flowers. By the end of the fiscal year, $1,430 had been received in the name of Brother Philips. Another loss in 1991 was stalwart supporter Brother Foster B. Whitlock, P 1936, a regular and generous donor to the Class of '36 Fund.

Through the efforts of Bill Newell, P 1965, Investment Committee Chair, the "Balance of Accumulated Income" was once again positive and the funding of AMR and PSD was recovered within two years. In the Fund Application area, two more "firsts" were notable. The Foundation provided a Grant-in-Aid to a graduate student who is studying at an institution other than Rutgers. Then, in the interest of educating in Fraternity Awareness, the Foundation supported on a "this year only" basis, the attendance of four non-officer active Brothers at the 150th Convention, each at $100. AMR and PSD for Rho continued through the Foundation's funding. Coincidentally, a pilot for a new Educational Trust course Program for Leadership Development (largely the effort of Brother Al Riester, Rho '1962, was conducted at Rho in 1991.

In 1992, Brother T. Girard Wharton, P 1925, passed away. As noted in the 1992 Annual Report, "We might speculate that 'Jerry' had a premonition of the event last year when he proposed to 'step upstairs' and transfer the executive direction of the Foundation -- so typical of our selfless, thoughtful and highly organized Brother, who also directed where, the number of speakers and how they should conduct his memorial service." A score of Brothers were there to celebrate the life of a kindred soul who, for over 70 years, exemplified being "an inalienable and unalterable friend" to all Chi Psis. We who were privileged to serve with him as Foundation Trustees will factor "what 'Jerry' might have thought" into our future deliberations.

Fortuitously, at the last meeting he attended, the Foundation recognized his tireless contributions by designating the Honor Society Awards as the "T. Girard Wharton, P 1925 Scholastic Excellence Awards". As an additional honor, on September 15, 1992, the Foundation established the "T. Girard Wharton, P 1925 Memorial Fund", seeding it with a $3,500 transfer from the General Fund. The Alumni Association generously provided a gift of $2,000 to the Wharton Fund, for a beginning total of $5,500. In so doing, the Fraternity paid tribute to the man who had led the Foundation so effectively for over 40 years.

On September 15, 1992, the Foundation elected Herb Young, P 1929, Chairman of the Board, Roger Parsons, P 1960, Vice President and Raymond J. Katz, P 1987, Trustee and Treasurer of the Foundation. In the 1992 Annual Report, Brother Schwanhausser, P 1946, recognized the service of Brother Mark W. Musser, P 1986, in revising the Bylaws, producing superior minutes and providing legal counsel as the Foundation sought to establish new initiatives in concert with the Alumni Association.

While the Principal Funds totaled over $150,000, just about twice their total in 1915, many changes affected the Foundation in 1993. The delegates to the 1992 Convention passed a resolution supporting a $100 "contribution" by initiates to the four-component National Leadership Training Program (NLTP), with a lesser fee for those Brothers whose Alphas, like Rho, had endowed PSD's. The Educational Trust, however, elected to collect $100 from all, with the presumption that endowments could benefit all Alphas in Chi Psi, rather than one. Since the Foundation's By-Laws required it to assist only Rho Brothers, the Foundation could not agree to the change, hence its endowment was effectively negated by the Chi Psi Educational Trust's actions. The solution was to transfer the balance of the former PSD endowment to the AMR endowment with two AMRs being available to Rho each year, desirable because there were often two sets of officers or prospectives who could benefit.

In response to a proposal from the Alumni Association, the Foundation began contributing to the cost of the Lodge Resident Educational Advisor in proportion to his time spent on Foundation matters. In reviewing Scholarship Incentive Award data, the Foundation discovered that the all-men's average was above its lowest award level, resulting in rewarding less than average performance, so the Foundation revised the levels: 2.8-3.199, $100; 3.2-3.599, $150; 3.6-4, $200.

1994 brought Alpha Rho's 115th Anniversary Celebration. Those Brothers who gathered "On the Banks" for the 115th celebration were reminded that the Rho undergraduates were following a course of social action to keep Chi Psi a fraternity to be reckoned with on the Rutgers campus. While the Foundation pursued its sole purpose of educational enhancement, it encouraged and endorsed the Alumni Association Trustees' parallel effort to meet their "bricks and mortar" responsibilities through a plan to conduct a major campaign for much-needed Lodge rehabilitation.

The Foundation's Principal Fund increases in 1994 included two $1,000 bequests from the wills of Bob Wright, P 1927 and Helen Galbraith, widow of Bob Galbraith, P 1924 and an additional $500 gift from Mary Elizabeth Phillips, widow of T. E. Phillips, P 1931.

In 1995 and in the spirit of "succor and assistance", the Foundation shared with the Alumni Association a sizable contribution from a Brother who spent less than two years at Rho, then transferred and graduated from another college and another Alpha. He had been financially assisted by Rho before the Foundation was established, had never forgotten the help he received and wished to acknowledge the favor after these many years. Another more recent Brother "repaid" in full the amount of a Grant he had received as an undergraduate.

The Trustees doubled the Foundation's underwriting of the Resident Educational Advisor position in 1996. The Foundation revised its Awards Program to emphasize Scholarship Achievement, recognizing real merit by increasing the grade point averages required for awards and eliminating some of the programs it felt were not very effective in stimulating educational improvement. The Wharton Scholastic Excellence, Drake and Slifer Awards would remain available, with better than half the Foundation's income budgeted for the Awards and Grant-in-Aid programs. Disappointingly, a request to the Chi Psi Educational Trust to accommodate our unique Charter requirements by adding a separate internal PSD account so that our late 1980s $10,000 endowment would support both PSD and AMR (as originally intended, rather than AMR alone as at present) was not granted.

In 1997, Herb Young, P 1929, after nearly a third of a century of service to the Foundation, decided not to accept another term as Trustee and Chairman of the Board. Herb, a Brother of enthusiastic conviction to the Foundation objective to assist other Brothers, thoroughly demonstrated his zeal by establishing the Foundation's first endowment fund and by regularly contributing both ideas and dollars throughout his tenure. Jack Schwanhausser, P 1946, assumed the role of Chairman of the Board, vacated with the departure of Brother Young from the Foundation board. Also in 1997, the Foundation's Principal Funds gained nearly forty thousand dollars, mostly via a gift of stock from Hank Bartels, P 1945, in connection with the "Bones Lundberg Lodge Renovation" program.