Abbot Alumna Practices What She Preaches
Mae Concemi Bradshaw ’62 was recognized with Andover’s Distinguished Service Award in May 2015.
December 10, 2015
Mae Concemi Bradshaw ’62, an estate and trusts attorney on the New Hampshire seacoast, knows firsthand the value of tax-smart charitable giving. Fortunately for Andover, she practices what she preaches. Mae has established a number of planned gifts for Phillips Academy, including a charitable remainder trust and several Andover gift annuities.
Her forethought and generosity are inspired by her appreciation of the excellent education she received at Abbot Academy. An honor roll student, Mae loved studying, sports, and student government. And as one of a handful of day students, she felt she had the best of both worlds: she could live at home while attending Abbot, invite friends for home-cooked meals with her family, and, she says, go to the movies with PA boys on Saturday nights.
Mae chose gift annuities not only because they eventually benefit the Academy; gift annuities are tax-deductible and also provide a fixed income stream at a favorable rate. Because she is not looking for additional income right now, Mae opted for deferred gift annuities that will begin paying in future years. The tax deduction can still be taken the year she makes her gift to Andover and, furthermore, by wisely “laddering” her annuities, each successive contract has a higher payout rate.
Throughout her years as an Abbot alumna, Mae has exemplified the non sibi spirit by serving on the Alumni Council and Annual Giving Board, as class agent for the Abbot Class of 1962, and most recently on the Abbot Engagement Committee. Mae’s life has been one of service to various organizations in her community and beyond, including board-level leadership of the Exeter Rotary Club, Rye Heritage Commission, Rye Capital Improvements Program Committee, and New Hampshire SPCA Foundation.
To learn more about gift annuities or other life income gift arrangements, contact Connie Pawelczak, associate director of Gift Planning, at 978-749-4529 or firstname.lastname@example.org.