Page 49 - Newsletter Winter 2018

2018-2019 Annual Fundraising Campaign

Underway

...PLEASE GIVE!
By Jon A. McLaughlin ’73 • Fundraising Co-Chair

The 2017-2018 campaign is history, but what a wonderful history it is. As a result of the funds raised from that campaign, the Association was able to
enhance its Endowment earnings to present $53,000 in scholarships to 27 deserving graduates and present another $7,500 to Houlton High School for
needed projects! All because of the generosity of you, our alumnae. Thank you, thank you, thank you!

It’s hard to believe that it has been a year and it is time for the 2018-2019 Annual Fund Campaign.
It was launched with an Annual Giving letter that went out on October 10th . Please consider a gift
to the Association again this year. It is easy. Simply fill out the attached stub on the letter and send it
back to us, in the enclosed, self-addressed envelope that came with the mailer.
Please make any corrections for address, cell phone and email on the slip when returning it to the
office. We really encourage you to at least make corrections to your email as addresses change often
and emails are the best, low cost way for the Association to maintain contact with you. In fact, even
if you are not going to be able to give this year, please make changes to your contact information and
send the form in to us so that Patty can update our databases.

New last year is the ability to go on-line to the Association’s website, www.houltonalumni.com, and
set up an automatic monthly payment plan that will eliminate future hassle with giving. It’s great.
Small monthly contributions that are easy to budget for, can translate to great contributions to the Gretchen Prince Fitzpatrick ‘82 hard at work
Association. For example, only $10 a month with automatic payment will result in an annual $120 at past Annual Phonathon
tax deductible contribution to the HHSAA. Won’t you consider this option this year?

Houlton High School Alumni Association – “Successful Because of You!”

We need your support to keep an active Annual Campaign viable.

PLANNED GIVING FOR HHSAA IS WORKING...
...Recent Happenings is Evidence
By Jon A. McLaughlin ‘73, HHSAA Fund Raising Co-Chair
Wow!! What can one say about a $500,000 contribution to the HHSAA Endowment. Amazing and words of appreciation comes short of saying what is on
all the HHSAA Board Members’ minds.

While truly amazing, it needs to be recognized that dozens of alumnae are considering the HHSAA in their estate planning at all levels of giving. For each
of these potential gifts we are equally appreciative.

Periodically in this column we discuss various means of giving and potential tax implications. In this issue we want to discuss IRA’s.
Monthly Gift
Monthly Gift
The following is condensed from a website interview of Attorney Jeff Jones by folks at the Maine Community Foundation:
MaineCF: Are there any recent changes to laws covering charitable giving that you would bring up with your clients?
Jones: The latest thing is last year’s legislative change that allows some limited gifts from IRAs to charities without having a full tax impact. A lot of people
with large IRAs have an impression that they’re going to be able to pass them on to the next generation. I have to give them the bad news: not only are
IRAs subject to estate tax, they’re also subject to income tax when the money is taken out. If charitable giving is a part of an after-death estate plan, the best
assets you can give are IRAs. You’re not only saving the estate taxes on those assets, you’re saving the income tax that any individual would pay.
Jeffrey W. Jones is a counselor at law based in Ellsworth, Maine. He helps clients plan for the protection and transfer of family real estate, businesses and other
significant assets to their descendants. A graduate of Princeton University and Rutgers University School of Law, Jones is a founding member of the Maine Planned
Giving Council.

Please confer with your Estate Planner and feel free to have him or her contact the Maine Community Foundation and ask to speak with Jennifer Southard
and tell her that you would like to set up an estate program to ultimately benefit the Houlton High School Alumni Association and how could the
MaineCF be of help to them.

www.houltonalumni.com PAGE 49