Wow! There are just 4 months until my 45th high school reunion. Our reunion committee has done a great job of finding classmates, getting organized, and planning. One of the best things that we had decided to do was to create a scholarship fund with which to honor the class of 2015. When we started, we had fairly low expectations for how much we thought we could accumulate. However, almost $10,000 later, we are amazed at the generosity of our classmates. We have collected a real nest egg and we have decided what we will do with it. We have also survived an onslaught of suggestions from late-comers to the fold who have suggested that we aggressively manage our money and make much, much more. Those suggesting the aggressive approach, of course, had no intention of helping us manage it. Thus we decided to give it to the high school to manage in their own tax exempt accounts, assuring the donors that they could take a tax deduction each year that they donate. We decided that it was a WIN-WIN situation...kids get money and we get tax deductions and get to feel good.
No comments:
Post a Comment