EXCITING NEWS for our AAHS CLASS OF 1970 ENDOWMENT FUND!

Our website has been featuring the new AAHS Class of 1970 Endowment Fund (in honor of David and Randi (Kibler) Shellenbarger) on our front page for some time now.  This fund is a unique way to have our class remembered for the future.  We are the first class to take this step at AAHS.

It is exciting to note that we have already reached a total of $17,960 toward our $25,000 goal.  

But there is even more exciting news. An anonymous supporter is willing, as early as this summer, to match future fund contributions up to $10,000.  In short, your contribution to the fund can now be matched and doubled! NO DONATION IS TOO SMALL!

In order to take advantage of the matching funds, our class must reach certain interim goals:

1.  Add a total of $5,000 over and above the current $15,760 to the account.  This will trigger an initial $5,000 match from the supporter. 
2. After the initial $5,000, any subsequent contributions will also be matched each quarter, up to a total of $10,000. 
3. This could allow us to exceed our goal of $25,000 and could approach $35,000, if we can achieve the total match.

The following steps are being taken to make sure we have adequate governance of the fund:

1. We will name an Oversight Committee within a reasonable time (not later than this summer).  This committee would work with Paula Foreman and the AASD Foundation to develop basic operating guidelines, determine a meeting routine, consider additional board members and, most importantly, determine the criteria for the purpose of the new fund. 
2. Over time, the committee will also oversee the fund's administration, consistent with AASD Foundation policies and procedures. 
3. The Oversight Committee will develop plans to highlight the fund and to encourage classmate donations.
4. Regular communications will be provided as follows:
   1. Featured announcement on the website:  www.aahs1970.com
   2. Emails to all classmates for whom we have an email address
   3. Updates on the class Facebook group: Altoona (PA) Area High School - Class of 1970

So, What’s Next?

We would like to encourage all classmates to consider donations to the fund as soon as possible.  

No donation is too small and the process for donation is very simple:

1. By Check payable to AASD Foundation (Please write “AAHS Class of 1970” in the note/memo section of your check.  Checks should be sent to:  AASD Foundation, 1201 8^th Avenue, Altoona, PA 16602.
2. Online at https://www.aahsalumni.org/.  Simply click the “Donate” link on the menu bar at the top.  Then, click “Donate Online” next to “AASD Foundation”.  The “Campaign/Fund” button will default to the AASD Foundation.  When making your donation, please type: “AAHS Class of 1970 Endowment Fund” in the “Donor Comments” section to make sure the gift is categorized correctly.

Again, please be sure to designate our class fund with your donation so it will count toward the new match.

Class Endowment Fund Progress

AAHS Class of 1970 Endowment Fund

In spring 2022, several members of the Altoona Area High School Class of 1970, in part to commemorate their belated 50^th reunion, partnered with the Altoona Area School District (AASD) Foundation to launch the “AAHS Class of 1970 Endowment Fund.” 

The new endowment fund, currently with contributions/pledges of more than $17,960 and an overall goal of $25,000, was created as “a gift in perpetuity” to benefit the high school.  The Class of 1970 is the first class to utilize a named endowment, which will literally “pay dividends” to the school for many years to come. We hope you will take advantage of this opportunity and contribute (either one-time or ongoing) to make this project a success.

Under the AASD Foundation, our tax-deductible contributions, will be pooled and invested until the $25,000 goal is reached sometime in the next few years.  A small committee of class donors along with the foundation will be established to monitor and help guide the fund and determine how proceeds might best aid the high school.

The endowment fund will be discussed briefly at the AAHS Class of 1970 reunion on Saturday, July 30, 2022, in Altoona.  Questions can always be directed to our website (info@aahs1970.com) or to Paula Foreman at the AASD Foundation by email (pforeman@altoonasd.com) or phone (814-946-8424).

TWO WAYS TO CONTRIBUTE ANYTIME

1. Check payment:
Payable to:  AASD Foundation (Write "AAHS Class of 1970" in the for/note/memo section.)
Address:  AASD Foundation, 1201 8^th Avenue, Altoona, PA  16602

2. Online:
www.aasdfoundation.org
Click DONATE tab and then click Donate Online next to “AASD Foundation.”  The "Campaign/Fund" button will default to the AASD Foundation.

When making your contribution, write in the "Donor Comments" section: "AAHS Class of 1970 Endowment Fund."

VIDEOS...VIDEOS...VIDEOS

Check out our new videos page (click here).  Thanks to Larry Callan for finding these videos on the High School and Roosevelt.  Feel free to recommend other videos that you think the class might find interesting.

There have been 280,382 visits to this Home Page from classmates to date.

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