Planned Giving - Mayhew Legacy Society
Through a planned gift, you can support Mayhew far into the future while also meeting personal financial, tax, and estate planning objectives. With some foresight, it is easy to put a gift planning arrangement in place. You may even be able to give a larger gift in this way than you would otherwise, gaining a reduction in the taxes imposed on your estate and leaving more for your heirs.
There are a variety of ways to provide for Mayhew as well as yourself and your loved ones, such as a simple bequest, donating assets from your qualified retirement plan such as your IRA or 401(k), or giving a life insurance policy that is no longer needed for its original purpose.
We would be happy to discuss any of these options with you, as well as any special requests you may have for the eventual use of your gift. Please contact Peter Saliba, Executive Director, at 603-744-6131 or peter@mayhew.org if you or your professional advisor have any questions about your legacy gift plans.
Bequests
Including a charitable bequest in your estate plans is a simple way to make a lasting gift to Mayhew.
The most common and useful gift is an unrestricted bequest for the general charitable purposes of the Mayhew Program. This allows Mayhew to use your gift wherever it is most needed at the time the gift is realized. However, if there is a particular purpose or existing endowed fund you wish to support, we would be happy to help ensure that your gift is directed effectively.
Bequests may take one of the following forms:
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A specified dollar amount or percentage of your estate
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A specified asset, such as securities or real estate
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A residuary bequest, in which Mayhew receives all or a percentage of the remainder of your estate after all other obligations have been satisfied; or
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A contingent bequest, in which Mayhew becomes the beneficiary only if the named beneficiary is unable to accept the bequest.
Our suggested language for making a bequest is as follows: “I hereby bequeath ________________________ (specify a dollar amount or percentage of your estate, a specific asset or a residual percentage of your estate) to Mayhew, Inc., a voluntary New Hampshire corporation (Federal Tax ID #23-7423042) with a principal place of business at 293 West Shore Road, Bristol, New Hampshire 03222.”
If you include a charitable bequest to Mayhew in your estate plan, please let us know of your intentions by documenting your provision or contacting the office so we can welcome you to the Mayhew Legacy Society.
Beneficiary Designations
You can arrange a lasting legacy that will provide for Mayhew beyond your lifetime by designating Mayhew as the beneficiary to receive assets from one of your accounts, such as a bank, investment or retirement account; a donor-advised charitable giving account; or a life insurance policy or other financial instruments. Designations are made by assigning a percentage of assets to the beneficiary or successor using a form that is entirely separate from your will or living trust. Designations are also flexible and revocable.
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Who is eligible for Mayhew?Candidates for Mayhew are 10- or 11- year old New Hampshire boys from single parent, low-income families. In addition, candidates must live in a town that Mayhew serves to be considered for enrollment. See the list of Towns Served below for more information. (If you’re considering referring a boy who does not match these criteria, please first consult with Greg Stoutzenberger, Mayhew’s Program Director, at 603-254-3909.)
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Why are boys typically referred to Mayhew?Boys are referred to Mayhew for many different reasons. Some boys have demonstrated questionable behaviors at home and at school that make them at-risk for more serious problems in the future and could benefit from some redirection. Other boys simply lack opportunities to participate in the sorts of activities that Mayhew offers. Still other boys are referred to Mayhew simply because they can benefit from the boost in self-esteem that Mayhew often provides. Mayhew accepts referrals from principals, teachers, counselors, social workers, and other youth officials from many areas throughout New Hampshire from mid-January to mid-March each year.
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As a referring official, what information should I share with a prospective candidate and with his family?First, it is important that you speak with the family of any candidate you’re considering referring to obtain permission to submit an application. On the other hand, we encourage you (and by extension, the family) not to disclose anything to the boy himself initially. Mayhew receives many referrals each spring and we inevitably have to turn away some very appropriate and deserving candidates due to limited openings. We don’t want a boy to get excited about the opportunity to participate before there’s a clear signal from Mayhew that there’s a good chance he might be enrolled. In terms of information about the program, please refer any prospective families to this website. In addition, you may download and print our Prospective Family FAQ.
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What is the selection process like?The selection process for choosing which boys to invite to Mayhew begins in April. We review all of the referrals, weighing both objective factors like family income, family make-up, candidate age as well as subjective factors like apparent need and ability to benefit from the program. We then meet with the best prospects and their families to explain the program and to make a final assessment of each boy’s appropriateness and readiness for the challenge. Invariably, boys and families see Mayhew as a chance that may seem too good to be true. We try hard to undersell the program and emphasize at each step the serious commitment the boy and family must make. During this meeting, the boy is asked to sign a contract agreeing to participate fully in everything at Mayhew, to work hard, to always strive to be respectful, and to abide by a high standard of behavior should he be invited to participate. Final selections for the program are made by early June. We like to think that everyone could benefit from involvement in the Mayhew Program. The tough task for us as a Program is deciding which boys—among the many referred—might benefit most from their involvement with the program.
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Are there criteria that might make a boy ineligible for the program?Yes. Unfortunately Mayhew does not have the resources to work with boys who have a history of acting-out sexually or with boys who have a history of extremely aggressive or dangerous behaviors. In addition, certain health or medical conditions may preclude a boy from participating. (If you have any doubts about the appropriateness of a potential candidate, please first call and speak with Greg Stoutzenberger, Mayhew’s Program Director, at 603-254-3909 before completing a referral application.)
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What if I have other questions?For more information, please call Greg Stoutzenberger, Mayhew’s Program Director, at (603) 254-3909.
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How do I submit a referral?Please click here to access our Referral Application Page.
How do I make a designation for Mayhew on one of my accounts?
Simply request a beneficiary change form from your plan administrator and update to include a percentage of the account to be distributed to Mayhew upon passing. Many banks and investments firms have online customer portals to access accounts. It may be possible to designate beneficiaries or successors-in-interest through the submission of a web-based form.
If you name Mayhew as beneficiary on one of your accounts, please let us know of your intentions by documenting your provision or contacting the office so we can welcome you to the Mayhew Legacy Society.
Documenting Your Provision
Gift planning arrangements play an important role in helping to ensure Mayhew remains a vibrant, tuition-free, year-round program for the boys. While optional, sharing information about your gift plan for Mayhew confirms that your wishes are understood by Mayhew, now and in the future.
To inform us of your plans, please download Mayhew’s “Documenting Your Provision” form, complete and sign the form, and return by email or mail. The more information Mayhew has, the better we will be able to facilitate the gift when it is realized.
Mayhew Legacy Society
The Mayhew Legacy Society recognizes the generosity and thoughtful planning of friends of Mayhew who have made provisions for the program in their philanthropic plans, through beneficiary designations, will or trust provisions, or other legacy arrangements. Mayhew is deeply grateful for our Legacy Society members’ long-term commitment to the boys and to our shared future.
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Sammy Baldini
Thomas H. Berry
Richard H. Beyer
Brian Bisson
George & Nancy Bolln
Michelle & Skip Bowie
Charles C. Buell
Stella Burrington
Alan M. Cantor
Lisa M. Clark
Jon & Sharon Eaton
Audrey & George Hagerman
Bonnie M. Hunt
Wilfred R. Keyser, III
Roger & Carol LaFontaine
Robert & Sylvia Larsen
Betty Billipp Lathrop
Richard & Lorraine Lavalliere
David & Jean Lincoln
Starr M. Manus
John P. Merrill
Jim Nute
Mark Schiewetz & Judith Buckley
David H. Souter
Sandy & Carroll Stafford, Jr.
Andrew R. Supplee
Dorothy Zug
Monica Zulauf
Please note that the gift planning information Mayhew provides is not legal or financial advice and none of the information on this page should be interpreted as such. We encourage you to consult with your own legal counsel or financial advisor before deciding whether or not to proceed with a gift.