[Rhodes22-list] Financial question by Lady Sailor

[elle]

Thanaks, Ed. We're trying several different avenues
and may have come up with an idea that will
work....still open to new thinking, though...I'm
looking into tax-friendly ways to donate to the
fund...Bill, you appear to be a financial guru...have
you a direction I could pursue? It's a big learning
curve for me....thanks

elle


--- Tootle <ekroposki at charter.net> wrote:

> 
> Elle:
> 
>       So your money is small potatoes to the school.
>  Often it depends on
> the school, but usually most smaller institutions
> will play ball with the
> smaller contributors.  
> 
>       My first reaction is that they are trying to
> pressure you into giving
> more.  The fund raisers are under serious pressure
> to get the most that they
> can.  They do not know your real situation and
> therefore try for more.  In
> sales it is said you do not get a sale until you ask
> for the order.  This
> just may be such a sales technique.  Just trying to
> up the donations.  Just
> consider that they are just doing their job, which
> is to increase giving.
> 
>        Just set up giving in a small amount each
> year to placate them.
> 
> Ed K
> Greenville, SC, USA
> Addendum:
> "You must give some time to your fellow men. Even if
> it’s a little thing, do
> something for others - something for which you get
> no pay but the privilege
> of doing it."
> Albert Schweitzer
> 
> 
> 
> 
> 
> L. Sailor wrote:
> > 
> > Hi, guys,
> > Since the sailing season is over for the majority
> of
> > us, I have a task to occupy your time, if you're
> up to
> > it.
> > 
> > Here is the problem:
> > 
> > In lieu of flowers for the funeral last year,
> friends
> > sent donations for a scholarship fund in memory of
> my
> > guy.
> > 
> > It has several thousand dollars in it, but
> according
> > to the organzation that manages these types of
> funds,
> > it needs to be at least 10K to generate enough
> income
> > to be self-sustaining. ´even if I add some to the
> pot
> > now (ha...gotta get #2 daughter through the last
> year
> > of school before I can help someone else's), it
> will
> > be several years before there is enough to give
> maybe
> > $500/year and to keep it self-sustaining.....
> > 
> > So I need a plan 'B,' as the $$ is sitting in the
> > school's account and needs to be moved as the
> auditors
> > will become antsy.
> > 
> > I hoped to give $$ for quite a long time, not just
> for
> > several years.
> > 
> > I have one idea but I thought the creativity &
> > expertise on the list might spark an idea.
> > 
> > thanks for any ideas. I'll let y'all know what
> > happens.
> > 
> > elle
> > 
> > 
> > 
> > 
> > 
> >  
> >
>
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> > 
> 
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>
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