NO NHS CLASS HAS EVER DONE THIS BEFORE !
In a letter to all NHS-1963 Classmates in the Fall of 2015, the NHS-1963 Alumni/Reunion Committee announced plans to establish a NHS-1963 Scholarship Endowment Fund in partnership with the New Hampshire Charitable Foundation (NHCF) to benefit the students of Nashua High School South (our alma mater, a.k.a. the Purple Panthers).
Our class partners with the New Hampshire Charitable Foundation (NHCF) a 501(c)(3) public charity (learn more at www.nhcf.org) and Nashua High School South to provide scholarships to well qualified graduating seniors. The NHS-1963 Scholarship Endowment Fund provides an annual disbursement each February, and NHS South's Scholarship Committee evaluates student applications and selects recipients for these scholarships every year based on specific evaluation criteria prepared by members of the NHS-1963 Alumni/Reunion Committee.
The NHS South Scholarship Committee then evaluates and selects students that have not only acheived academically at NHS South and who are in need to financial assistance but who have also been active participants in extracurricular activities and/or community service and who may not easily qualify for other awards.
ON-LINE GIVING
To make a gift to NHCF by credit card for the NHS-1963 Scholarship Endowment Fund, you may do so easily (on-line). Click here: https://give.nhcf.org/Classof1963
If you prefer, you may also send a check directly to the New Hampshire Charitable Foundation (37 Pleasant Street, Concord, NH 03301). If donating by check, be sure to write NHS-1963 Fund #4481-1 on the subject line.
All donations made for the NHS-1963 Scholarship Endowment Fund are tax deductible to the full extent of the law.
The NHS-1963 Scholarship Endowment Fund is invested in NHCF's long term pool which is designed to provide long-term, consistent support of scholarships for current and future generations of NHS South students. Annual disbursement amounts vary slightly year to year, depending upon market performance and the NHCF disbursement rate for that year.
NO NHS CLASS HAS EVER DONE THIS BEFORE. The NHS-1963 Alumni Endowment Fund is a gift that will support scholarships for students at NHS South in perpetuity (year after year, forever and ever, amen and hallelujah).
As of September 30, 2024, the balance in our NHS-1963 Scholarship Endowmenr Fund that is available for future scholarships has reached a new all-time high of $1,436,210. It's a legacy that you, as a member of the NHS Class of 1963, can take enormous pride in.
To make a gift to NHCF by credit card for the NHS-1963 Scholarship Endowment Fund, you may do so easily (on-line). Click here: https://give.nhcf.org/Classof1963
If you prefer, you may also send a check directly to the New Hampshire Charitable Foundation (37 Pleasant Street, Concord, NH 03301). If donating by check, be sure to write NHS-1963 Fund #4481-1 on the subject line.
All donations made for the NHS-1963 Scholarship Endowment Fund are tax deductible to the full extent of the law.
The NHS-1963 Scholarship Endowment Fund is invested in NHCF's long term pool which is designed to provide long-term, consistent support of scholarships for current and future generations of NHS South students. Annual disbursement amounts vary slightly year to year, depending upon market performance and the NHCF disbursement rate for that year.
NO NHS CLASS HAS EVER DONE THIS BEFORE. The NHS-1963 Alumni Endowment Fund is a gift that will support scholarships for students at NHS South in perpetuity (year after year, forever and ever, amen and hallelujah).
As of September 30, 2024, the balance in our NHS-1963 Scholarship Endowmenr Fund that is available for future scholarships has reached a new all-time high of $1,436,210. It's a legacy that you, as a member of the NHS Class of 1963, can take enormous pride in.
SOME GOOD PRESS FOR THE CLASS OF 1963
In 2023, The New Hampshire Charitable Foundation (NHCF), the organization that has managed and administered our Scholarship Endowment Fund since its inception in 2015, published the following article on the the Nashua High School Class of 1963. It's truly a feel good read. Enjoy
In 2023, The New Hampshire Charitable Foundation (NHCF), the organization that has managed and administered our Scholarship Endowment Fund since its inception in 2015, published the following article on the the Nashua High School Class of 1963. It's truly a feel good read. Enjoy
NASHUA HIGH CLASS OF 1963 HAS STARTED SOMETHING BIG
A scholarship fund for graduating seniors, started through a crowdsourced effort at a 50th class reunion, continues to gain momentum — and will help Nashua's young people in perpetuity.
BY LOIS R. SHEA, SENIOR WRITER AND COMMUNICATIONS OFFICER | SEPTEMBER 7, 2023
A scholarship fund for graduating seniors, started through a crowdsourced effort at a 50th class reunion, continues to gain momentum — and will help Nashua's young people in perpetuity.
BY LOIS R. SHEA, SENIOR WRITER AND COMMUNICATIONS OFFICER | SEPTEMBER 7, 2023
The Nashua High School Class of 1963 started something. In advance of the class’s 50th reunion in 2013, reunion committee members decided to start a scholarship for graduating seniors. They set their sights on raising $10,000 among their former classmates. They raised $20,000.
Every donation was an investment in the young people of Nashua — people who were generations removed from their own high school days. After that reunion, committee chair Steve Doris had lunch with classmate Richard Cabral. “Dick said ‘you guys didn’t ask for enough — I think we can raise the bar,’”
Doris said. Cabral gave an inital $50,000 to initiate the scholarship endowment fund.
By 2015, the Class of 1963 had increased its fundraising goal to $100,000 and had entrusted the Charitable Foundation to manage the fund. They were running a true crowdsourced effort — with contributions ranging from $25 to more than $50,000 from almost 100 members of their graduating class.
Peter Stylianos had grown up working in his parents’ TV and radio repair shop in Nashua. He went straight from Nashua High School to the University of New Hampshire for a degree in electrical engineering. After college, he took a job in California. With partners, he started a company manufacturing semiconductors, which went public. Though he has not lived in Nashua since, his ties and memories remain strong. In advance of the Class of 1963’s upcoming 60th reunion, he decided to make a major investment in Nashua’s young people. He emailed Steve Doris in March to let him know that he would be contributing one million dollars to the scholarship fund.
“I was absolutely speechless,” Doris said. “It is life-changing, what we are going to be able to do for the kids.”
What the Class of 1963 started meant that, this year (2023), Ava Rodriguez, Valeria Ortiz-Cuevas and Sara Thellen all got help launching their college careers at the University of Maine, Emmanuel College and the University of Vermont. What the Class of 1963 started means that 27 students so far — studying everything from biotechnology to nursing to education at both two- and four-year colleges — got the message that people in their community cared about their future, about their promise, about their potential.
The Class of 1963 scholarships go to students who have a 2.5 GPA or higher and who have financial need. Special consideration is given to young people who have faced challenges and those who have demonstrated their commitment to community.
“This is just inspiring to me, as an educator,” said Judy Loftus, a veteran Nashua teacher who serves on the committee that selects scholarship recipients. To the students receiving the awards, the scholarships send a message from 1963 graduates: “We believe in you and your potential and we are investing in your education because we see your promise. It is an affirmation that you are part of this community and your value in this community is recognized and your achievement is recognized.”
In the first year, scholarship awards from the fund were $1,000. This year (2023), three scholarships were awarded — two for $3,200 and one for $4,200. With the significant growth in the fund, the size of the awards is set to grow. Which is great news for students and families who are faced with the high cost of college. When the Class of 1963 graduated and headed to college, annual in-state tuition at the University of New Hampshire was $380. Now, it is more than $15,000. With fees, room and board, the price tag rises to more than $32,000. Over their lifetimes, college graduates have far greater earning potential than their counterparts with just a high-school degree.
“The most important thing that a person can do for themselves is to be as highly educated as they possibly can,” Stylianos said. “Find that niche of where you think you belong and then educate yourself so that you contribute.”
What the Class of 1963 started will last in perpetuity. The scholarshipas are open to students at Nashua High School South, formerly Nashua High School. Students apply for the funds through the school, and award decisions are made by a committee of Nashua educators. “These scholarships are going to live on long past when any of us are still going to be around,” Loftus said. “That kind of generosity for our public school students is pretty amazing.”
As of next year (2024), four (4) scholarships will be awarded annually from the Class of 1963 fund. Two are in the name of the Class of 1963. One will be in the name of Stylianos, in honor of his contribution. And one is in the name of Richard Cabral, who passed away in 2017 and who, along with his wife Wendy Cabral, continued to contribute significantly to the scholarship after their initial donation. [NOTE: in 2024, 4 scholarships sponsored by the Class of 1963 each worth $12,000 were awarded on 6/5/2024]
“It does my heart good to be able to do this,” said Peter Chaloner, who also serves on the committee that started the scholarship. “It is a beautiful thing. The kids are all nice smart kids who are going to make something out of their lives — and how nice is that?”
What the Class of 1963 started encouraged Stylianos to create a second scholarship fund at the Charitable Foundation, this one for students from both Nashua High School South and Nashua High School North. Scholarships from the Peter G Stylianos Fund are managed by student aid staff at the Foundation.
Stylianos hopes the Class of 1963 scholarship will be a template for alumni groups who want to “pay back for the wonderful education that gave them opportunity and possibilities.”
He thinks of what the Class of 1963 started as a pebble dropped into a lake — and sees ripple effects that go beyond a single graduating class or community. On each concentric ripple moving through the water, he envisions the words “pay it forward, pay it forward, pay it forward…”
To make a gift to the Class of 1963 scholarship, visit give.nhcf.org/Classof1963
The New Hampshire Charitable Foundation is the largest provider of publicly available scholarships in New Hampshire, awarding more than $8 million to nearly 1,800 students each year.
Every donation was an investment in the young people of Nashua — people who were generations removed from their own high school days. After that reunion, committee chair Steve Doris had lunch with classmate Richard Cabral. “Dick said ‘you guys didn’t ask for enough — I think we can raise the bar,’”
Doris said. Cabral gave an inital $50,000 to initiate the scholarship endowment fund.
By 2015, the Class of 1963 had increased its fundraising goal to $100,000 and had entrusted the Charitable Foundation to manage the fund. They were running a true crowdsourced effort — with contributions ranging from $25 to more than $50,000 from almost 100 members of their graduating class.
Peter Stylianos had grown up working in his parents’ TV and radio repair shop in Nashua. He went straight from Nashua High School to the University of New Hampshire for a degree in electrical engineering. After college, he took a job in California. With partners, he started a company manufacturing semiconductors, which went public. Though he has not lived in Nashua since, his ties and memories remain strong. In advance of the Class of 1963’s upcoming 60th reunion, he decided to make a major investment in Nashua’s young people. He emailed Steve Doris in March to let him know that he would be contributing one million dollars to the scholarship fund.
“I was absolutely speechless,” Doris said. “It is life-changing, what we are going to be able to do for the kids.”
What the Class of 1963 started meant that, this year (2023), Ava Rodriguez, Valeria Ortiz-Cuevas and Sara Thellen all got help launching their college careers at the University of Maine, Emmanuel College and the University of Vermont. What the Class of 1963 started means that 27 students so far — studying everything from biotechnology to nursing to education at both two- and four-year colleges — got the message that people in their community cared about their future, about their promise, about their potential.
The Class of 1963 scholarships go to students who have a 2.5 GPA or higher and who have financial need. Special consideration is given to young people who have faced challenges and those who have demonstrated their commitment to community.
“This is just inspiring to me, as an educator,” said Judy Loftus, a veteran Nashua teacher who serves on the committee that selects scholarship recipients. To the students receiving the awards, the scholarships send a message from 1963 graduates: “We believe in you and your potential and we are investing in your education because we see your promise. It is an affirmation that you are part of this community and your value in this community is recognized and your achievement is recognized.”
In the first year, scholarship awards from the fund were $1,000. This year (2023), three scholarships were awarded — two for $3,200 and one for $4,200. With the significant growth in the fund, the size of the awards is set to grow. Which is great news for students and families who are faced with the high cost of college. When the Class of 1963 graduated and headed to college, annual in-state tuition at the University of New Hampshire was $380. Now, it is more than $15,000. With fees, room and board, the price tag rises to more than $32,000. Over their lifetimes, college graduates have far greater earning potential than their counterparts with just a high-school degree.
“The most important thing that a person can do for themselves is to be as highly educated as they possibly can,” Stylianos said. “Find that niche of where you think you belong and then educate yourself so that you contribute.”
What the Class of 1963 started will last in perpetuity. The scholarshipas are open to students at Nashua High School South, formerly Nashua High School. Students apply for the funds through the school, and award decisions are made by a committee of Nashua educators. “These scholarships are going to live on long past when any of us are still going to be around,” Loftus said. “That kind of generosity for our public school students is pretty amazing.”
As of next year (2024), four (4) scholarships will be awarded annually from the Class of 1963 fund. Two are in the name of the Class of 1963. One will be in the name of Stylianos, in honor of his contribution. And one is in the name of Richard Cabral, who passed away in 2017 and who, along with his wife Wendy Cabral, continued to contribute significantly to the scholarship after their initial donation. [NOTE: in 2024, 4 scholarships sponsored by the Class of 1963 each worth $12,000 were awarded on 6/5/2024]
“It does my heart good to be able to do this,” said Peter Chaloner, who also serves on the committee that started the scholarship. “It is a beautiful thing. The kids are all nice smart kids who are going to make something out of their lives — and how nice is that?”
What the Class of 1963 started encouraged Stylianos to create a second scholarship fund at the Charitable Foundation, this one for students from both Nashua High School South and Nashua High School North. Scholarships from the Peter G Stylianos Fund are managed by student aid staff at the Foundation.
Stylianos hopes the Class of 1963 scholarship will be a template for alumni groups who want to “pay back for the wonderful education that gave them opportunity and possibilities.”
He thinks of what the Class of 1963 started as a pebble dropped into a lake — and sees ripple effects that go beyond a single graduating class or community. On each concentric ripple moving through the water, he envisions the words “pay it forward, pay it forward, pay it forward…”
To make a gift to the Class of 1963 scholarship, visit give.nhcf.org/Classof1963
The New Hampshire Charitable Foundation is the largest provider of publicly available scholarships in New Hampshire, awarding more than $8 million to nearly 1,800 students each year.
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ENDOWMENT FUND - HOW IT ALL STARTED
Sometime in the Summer of 2015, Dick Cabral and Steve Doris met for lunch to kick around ideas on how we (the NHS Class of 1963) could solicit and manage additional donations for ongoing (and larger) scholarships long term. Until that point in time, we had only been able to award two scholarships of $1,000 each for three consecutive years beginning in 2013 --- thanks to the Committee's efforts to raise $10,000 from classmates prior to our 50th Class Reunion. (We actually overachieved with the "10K for 50" fundraising campaign, managing to blow right by that goal, and raising $20,000. |
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Despite that accomplishment, our Alumni/Reunion Committee wanted to find ways to do even more.....and to make it last much longer. When Dick and Steve met for lunch, Steve was feeling pretty upbeat (given that we had doubled our orginal fundraising goal), but Dick on the other hand said "I don't think you guys set the bar high enough", meaning we have a great class and we could have, and should have, asked for more. Dick also suggested that if we truly wanted to find a long-term solution, we should not only raise much more funding but find a way invest it such that if successful we could offer scholarships not just for the next five or ten years, but until long after we (classmates) were gone. Dick suggested that we establish an Endowment Fund with a reputable firm that could not only manage our assets but invest them as well --- and set it up so that we not only offer scholarships every year (worth a perecentage of our fund balance) but so that it would never run out of money because of the return on investment.
Following that meeting, Peter Chaloner and Steve Doris took the action to do follow-up research, which they did and selected the New Hampshire Charitable Foundation (NHCF) to establish the NHS Class of 1963 Scholarship Endowment Fund. Dick and Wendy Cabral jump-started our new Fund by kicking in an initial $50,000 donation. Of course, none of what we have been able to accomplish since then would have been possible without the participation and generous support of our NHS-1963 classmates. Nearly 100 classmates have contributed over the years, and many have donated multiple times. We have had indiviual contributions ranging from $25 (no donation is too small) up to $1,000,000.
Following that meeting, Peter Chaloner and Steve Doris took the action to do follow-up research, which they did and selected the New Hampshire Charitable Foundation (NHCF) to establish the NHS Class of 1963 Scholarship Endowment Fund. Dick and Wendy Cabral jump-started our new Fund by kicking in an initial $50,000 donation. Of course, none of what we have been able to accomplish since then would have been possible without the participation and generous support of our NHS-1963 classmates. Nearly 100 classmates have contributed over the years, and many have donated multiple times. We have had indiviual contributions ranging from $25 (no donation is too small) up to $1,000,000.
OUR ORIGINAL LETTER TO ALL CLASSMATES
Here is our letter to all classmates announcing the NHS Class of 1963 Scholarship Endowment Fund.
Here is our letter to all classmates announcing the NHS Class of 1963 Scholarship Endowment Fund.
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DATE: October, 25 2015
TO: NHS-1963 Classmates and Near Grads FROM: NHS-1963 Alumni Committee Dear Classmates, Our NHS-1963 scholarships are needed and very much appreciated - both by the students receiving them as well as the NHS South Scholarship Committee. Judy Loftus, Chairperson of the Scholarship Committee at NHS South, had this to say to us: "NHS South is extremely grateful to the NHS Class of 1963, not only for providing scholarships in each of the past 3 years, but for recognizing through their unique scholarship selection criteria, the value of recognizing students who have overcome family and/or social challenges to achieve and succeed scholastically." Now, we would like to do even more in the name of the NHS Class of 1963, And we would like to do so in perpetuity, meaning to provide a never-ending benefit to our school. How can we do that? The term “Endowment” means an investment fund set up and managed by an institution in which regular withdrawals from the invested capital are used for specific purposes. Endowment funds are often used by nonprofits, schools, hospitals and churches. Endowments are funded by donations which are tax deductible for donors. So, how does that apply for us? Working with the New Hampshire Charitable Foundation, (learn more at www.nhcf.org), we have set up an endowment fund in our name (NHS Class of 1963), with NHS (South) being the beneficiary of annual disbursements that will be be used to award scholarships to deserving seniors each and every year in the future. Here is how it will work. Any and all donations made by NHS-1963 classmates to the NHCF for the NHS-1963 ALUMNI ENDOWMENT FUND are tax deductible and will be invested. NHCF’s goal is to achieve an annual return on investment (ROI) of 7%, which while not guaranteed in any year is a reasonable objective given past performance. Then each year, a disbursement amounting to 4.2% of the average of the funds balance over the most recent 20 quarters will be made to the designated beneficiary (in our case, NHS South) the following Spring for scholarships using our NHS-1963 defined scholarship selection criteria. The admin fee charged by the NHCF for managing and investing the funds as well as doing IRS reporting, is only .7% annually. So for example, if the average of the funds balance over the most recent 20 quarters in our Endowment Fund at the end of the year is $100,000, and if the annual outflow is 4.9% (4.2% or $4,200 would go to NHS South for scholarships, and .7% or $700 to NHCF for management). And if the ROI from investments is 7%, you can see that the principal will be preserved year over year, and will in fact grow. And the amount of scholarship money awarded each year would increase accordingly, and most importantly, it would never end. No NHS class has ever done this before. It’s a gift that would keep on giving --- and a legacy that you, as a member of the NHS Class of 1963, can take great pride in. |
CURRENT STATUS OF NHS CLASS OF 1963 SCHOLARSHIP ENDOWMENT FUND
Currently, classmate donations plus investment returns minus NHCF fees and past scholarship distributions have reached a total of $1,368,110 --- substantially exceeding our original $100,000 goal, and enough money to fund future NHS Class of 1963 scholarships, the Richard Cabral Memorial scholarship and the Peter Stylianos honorary Scholarship until long after we all have moved on to “purple pastures”.
A total of twenty-four (24) "NHS Class of 1963 Scholarships" have been awarded over the past 12 years. Additionally, six (6) "Richard Cabral Memorial Scholarships" have been awarded over the past 6 years, and one "Peter Stylianos Honorary STEM scholarship". The total value of all scholarships awarded by the Class of 1963 is just over $108,000.
No other NHS class has done this before.
You may all take great pride in being a member of the Nashua High School Class of 1963.
To those of you that have already contributed (94 classmates, including many classmates (40) more than once, and some classmates three or more times, thank you all so very much.
We hope that if you have not yet made a contribution to our NHS-1963 Scholarship Endowment Fund, that you will consider doing so in the near future. While we have achieved our initial funding goal, we encourage those classmates who can to make a 1st time (or additional) donation. More $$$$ in our fund translates to larger scholarships for deserving seniors. For example, for the first 3 years (2013, 2014 and 2015) our two scholarships were $1,000 each. Scholarship amounts were increased in 2016, 2017, 2018, 2019, 2020, 2021, 2022 and this year each of our scholarships will be $3,200 or more.
THANK YOU IN ADVANCE. You may also send a check directly to the New Hampshire Charitable Foundation (37 Pleasant Street, Concord, NH 03301), be sure to write NHS-1963 Fund #4481-1 on the subject line.
A formal acknowledgement for the receipt of your donation for tax purposes will be mailed by the NHCF to the name and address as it appears on your check. If you prefer the receipt to be sent elsewhere, please make a note of that.
Currently, classmate donations plus investment returns minus NHCF fees and past scholarship distributions have reached a total of $1,368,110 --- substantially exceeding our original $100,000 goal, and enough money to fund future NHS Class of 1963 scholarships, the Richard Cabral Memorial scholarship and the Peter Stylianos honorary Scholarship until long after we all have moved on to “purple pastures”.
A total of twenty-four (24) "NHS Class of 1963 Scholarships" have been awarded over the past 12 years. Additionally, six (6) "Richard Cabral Memorial Scholarships" have been awarded over the past 6 years, and one "Peter Stylianos Honorary STEM scholarship". The total value of all scholarships awarded by the Class of 1963 is just over $108,000.
No other NHS class has done this before.
You may all take great pride in being a member of the Nashua High School Class of 1963.
To those of you that have already contributed (94 classmates, including many classmates (40) more than once, and some classmates three or more times, thank you all so very much.
We hope that if you have not yet made a contribution to our NHS-1963 Scholarship Endowment Fund, that you will consider doing so in the near future. While we have achieved our initial funding goal, we encourage those classmates who can to make a 1st time (or additional) donation. More $$$$ in our fund translates to larger scholarships for deserving seniors. For example, for the first 3 years (2013, 2014 and 2015) our two scholarships were $1,000 each. Scholarship amounts were increased in 2016, 2017, 2018, 2019, 2020, 2021, 2022 and this year each of our scholarships will be $3,200 or more.
THANK YOU IN ADVANCE. You may also send a check directly to the New Hampshire Charitable Foundation (37 Pleasant Street, Concord, NH 03301), be sure to write NHS-1963 Fund #4481-1 on the subject line.
A formal acknowledgement for the receipt of your donation for tax purposes will be mailed by the NHCF to the name and address as it appears on your check. If you prefer the receipt to be sent elsewhere, please make a note of that.
THE HONOR ROLL
The following 94 Classmates have made one (or more) donations to the NHS-1963 SCHOLARSHIP ENDOWMENT FUND.
You have made it happen
The following 94 Classmates have made one (or more) donations to the NHS-1963 SCHOLARSHIP ENDOWMENT FUND.
You have made it happen
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DONATION STATISTICS
We have received a full range of individual donations from our classmates --- from $25 (no amount is too small) to $1,000,000. The bar chart below shows the distribution of donations by classmates.
We have received a full range of individual donations from our classmates --- from $25 (no amount is too small) to $1,000,000. The bar chart below shows the distribution of donations by classmates.
