Class Dues

    During the last fiscal year, 2017-2018,  we were unable to match our prior first place record for dues participation.(Annual Giving was also 7% less than last year.) However, 62% far exceeds the response of most younger, less forgetful, classes. 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. We are pleased to announce that class dues will remain at a very reasonable $40.00 for FY 2018-19.

   

    Out of the 446 "active" classmates for whom we have a good mailing address, 275 sent in class dues for this past fiscal year. By June 30, 2018, our numbers dwindled to 413 classmates but the official "active class count" was set on July 1, 2017, the beginning of the fiscal year. Although the participation rate was down to of 62%, more than 50% made gifts to the Class of 1955 Foundation. Twenty class widows contributed dues; some also made generous gifts to the Foundation. Enthusiasm outstripped the accounting skills for eight classmates who sent in their dues twice. Their duplicate 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 2018-19 opens with our class bank account at a comfortable $18,456.89. A slight surplus has made it possible to maintain dues at $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 and dedication.

   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 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, the duplicate payments are donated 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. 

 

By Mail:
If you have misplaced your dues card or the return envelope, you can send your check to: 

Class of 1955 Princeton University - Dues
c/o 1st Constitution Bank
P.O. Box 634  
Route 130                            
Cranbury, N.J. 08512-0634
Pay Online:
You are also able to pay your dues online. To do so, click the button below.

On behalf of the great Class of 1955, I thank you for your outstanding support.

 

Notification mailed to all who received second dues request in error:

 

Dear Classmates,                                                                                                                                          December 1,  2018

 

    By now all of you should have received the email from Dottie Werner of the Alumni Council explaining their error in mailing our second dues request to only those who had already contributed. I had instructed that the letter and card be mailed to non-responders; those who have yet to pay. All the more embarrassing is that those who received the misdirected mailing were classmates who routinely respond promptly and generously. Many returned the dues card with a note documenting prior payment while others mailed the funds as requested which the bank deposited before I was aware of our foul-up.
    I am writing to offer a full refund of duplicated payments. Email me the address to which you would like me to mail a check.

    Some of you have suggested a generous alternative; donate the redundant funds to the Class of 1955 Foundation which assists classmates who have fallen on hard times. Just like class dues, these donations are fully tax deductible. Please let me know if you would like me to allocate your misdirected contributions to our worthy cause.

 

Thank you for your understanding and continuing support.

 

Dave Fulmer ‘55
Treasurer
fulms@aol.com
Tel. 609-921-2969

 

 

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