The number of classmates contributing class dues during the 2016-17 fiscal year was record setting. We received an Alumni Council award for our 66.74% participation, easily surpassing every class with a class roll greater than 100. As a reminder, July 1 through June 30 is our fiscal year; not Jan. 1 through Dec. 30. Most classmates promptly return the dues card with their payment when they receive the first notice in September. Class dues will remain $40.00 for FY 2017-18.
Out of the 469 "active" classmates for whom we have a good mailing address, ("official class count = active" as of June 2016) 319 sent in class dues for this past fiscal year. This participation rate of 66.74% is better than any previous year. 121 classmates (38%) also made gifts to the Class of 1955 Foundation. Nineteen class widows each contributed $40.00 dues. Enthusiasm outstripped the accounting skills for ten classmates who sent in their dues twice. Their checks were contributed to The Class of 1955 Foundation which aids '55ers who have fallen on hard times.
Class dues should not be confused with Annual Giving. Dues are deposited in the Class of 1955 bank account and are used strictly for class activities. Donations to Annual Giving go into the University's general fund. Most classmates contribute to both.
Fiscal Year 2017-18 opens with our class bank account at a comfortable $20,852.89. A slight surplus has made it possible to maintain dues at a low $40.00 for this year. Dues enable many class events:
- PAW subscriptions for all classmates and widows.
- Printing and mailing correspondence.
- Alumni Council Dues
- Class awards
- Website - www.Princeton55.org
- 2015 update of the Class Directory
- Memorial Service DVD
- 60th Reunion photos DVD
- Ivy Stone instillation, dedication and luncheon
Other events, which are self-supporting and not funded from the class treasury, include The Class of 1955 Foundation, Annual Giving, Princeton AlumniCorps (formerly Princeton Project 55), Fifty Five Fund for Senior Thesis Research, major reunions, receptions, dinners and class trips. We hope to include you in any or all of these activities.
Dues requests are mailed early in September along with the President's letter, again in mid- November and in February. You may pay by check, major credit card or online. Please return your dues card so that we can avoid sending follow up notices to those who have already responded. When the system breaks down and someone gives twice, we donate the duplicate payment to The Class of 1955 Foundation.
Your financial contributions as well as your suggestions for additional activities are most welcome. Class dues and gifts to the Class Foundation are both 100% tax deductible.