Looking for an easy way to start a NextGen 529 account? The Finance Authority of Maine's new?Connect Series offers a simplified approach, with fewer investment options to choose from. It’s a quick and straightforward way to begin saving! https://lnkd.in/eqxSzZaG There are now three types of NextGen accounts - Select, Direct and Connect.?Learn more?to see which one might be the best fit for you! https://lnkd.in/eTA7vuR If you have additional questions, feel free to contact ASF at?[email protected]?or NextGen at?[email protected]. Alfond Scholarship Foundation is not an authorized distributor of NextGen 529. Read our disclaimer here: https://lnkd.in/gNQ3v-zB
Alfond Scholarship Foundation
慈善
Portland，Maine 476 位关注者
Inspiring families to invest in their children's future
关于我们
The Alfond Scholarship Foundation (ASF) is the non-profit organization founded by Mr. Harold Alfond that invests these funds until the child is ready to use them. The funds can be used for education after high school – college or university, certificate programs and trade schools. And the funds can be used in Maine or out of state. Children awarded the Alfond Grant have until age 28 to use it.
- 网站
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https://www.myalfondgrant.org
Alfond Scholarship Foundation的外部链接
- 所属行业
- 慈善
- 规模
- 2-10 人
- 总部
- Portland，Maine
- 类型
- 非营利机构
地点
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主要
获取路线
482 Congress St
Suite 303
US，Maine，Portland，04101
Alfond Scholarship Foundation员工
动态
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Attention Washington County Employers and Partners! Do you know about the?Washington County Higher Education Initiative? Machias Savings Bank and the Maine Community Foundation will contribute $100 toward a child’s future education when a NextGen 529 account is opened for a 4–8 year old in Washington County, while funds last. Siblings in the same household are also eligible, and if your child already has an Alfond Grant, this is a great way to add to their future savings! Check out the attached flyer for more details! Help us spread the word about this fantastic opportunity by downloading and sharing it with employees and families in Washington County. Alfond Scholarship Foundation is not an authorized distributor of NextGen 529. Read our full disclaimer here: https://lnkd.in/gNQ3v-zB
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?? Champions Spotlight: Promise Early Education Center ?? Every child born in Maine since 2013 receives a $500 Alfond Grant to support their education after high school. But it takes a community to help families learn about and make the most of this opportunity! At Promise Early Education Center’s Head Start program in Androscoggin County, conversations about the Alfond Grant are woven into family goal-setting. Their dedicated team works closely with caregivers to explore how this grant can help shape their child’s educational future. By working together with partners like Promise Early Education Center, we’ve helped invest over half a billion dollars in Maine children’s futures. This is what community partnership looks like! Learn more about their incredible work: https://lnkd.in/eTk9Y6KU
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Free Resource: Adulting Made Easier! We know this time of year can be overwhelming—tax deadlines are approaching, and holiday spending may have left your bank account feeling stretched. But a little knowledge can go a long way in making things feel more manageable. Understanding the basics of loans, taxes, insurance, and retirement can give you a stronger foundation to tackle these responsibilities with confidence. Even better? When adults have a solid grasp on these topics, they can help set the next generation up for success. Our free "Adulting" playlist offers quick, easy-to-follow learning modules to guide you through the essentials. Check it out and take one thing off your stress list! https://lnkd.in/e_wUxfw8
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Maine’s future workforce holds great potential. With forward-thinking leaders like University of Maine System Chancellor Dannel Malloy and Maine Community College System President David Daigler (who also serve on the ASF board), we’re exploring innovative ways to inspire kids to pursue education beyond high school. Programs like the $500 Alfond Grant provide flexible pathways for advanced degrees and certifications, empowering Maine’s next generation to dream big, achieve their goals, and build successful lives for themselves and their families. https://lnkd.in/gX2recxc
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Whether or not you have set up payroll deduction for education savings, you and your family members can always make one-time contributions to a college savings account. Contributions to NextGen 529, Maine’s education savings plan that many families use to invest for education, make great holiday gifts from grandparents or other family members. Learn more about the different gift-giving options - including new Gift of College Gift Cards available online and at select CVS stores in Maine - available to you. The Finance Authority of Maine (FAME) also provides matching grants for Maine accounts. If you do not have a NextGen account yet for your child, FAME offers free, one-on-one support from their College Savings Counselors to answer your questions and walk you through opening an account if you decide to do so. Even better… if your child has a $500 Alfond Grant (awarded automatically to all babies born as Maine residents starting in 2013 and on a more limited basis from 2008-2012) you can use your Alfond Grant to open a NextGen account without any initial contribution. Then it’s ready whenever you are! Give a Gift: https://lnkd.in/giZ9NzAV Grants for Maine Residents: https://lnkd.in/gPQ8jqjx Free College Savings Counseling: https://lnkd.in/gxQs8zjY My Alfond Grant: https://lnkd.in/eSn6w-Dp Alfond Scholarship Foundation is not an authorized distributor of NextGen 529. Read our disclaimer here: https://lnkd.in/gNQ3v-zB
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Thrilled to see this incredible group recognized! Programs like these show that Maine remains a great option for continuing education and opening doors to well-paying, rewarding careers.
Dan Belyea, our Chief Workforce Development Officer, was honored to be invited to the White House for the Raise the Bar Conference, led by the U.S. Department of Education. This event brought together education and industry leaders to discuss the future of our workforce, including building career pathways that lead directly from education to meaningful employment. With discussions focused on strengthening place-based partnerships, advancing work-based learning, and expanding access to high-quality credentials, the conference highlighted critical ways community colleges can lead the way in transforming education and aligning it with workforce needs. At the Maine Community College System, we are committed to making higher education and training accessible, inclusive, and directly connected to the job market. This event is a powerful reminder of the role community colleges play in skilling individuals from all backgrounds to access high-wage, in-demand careers that drive upward mobility and economic growth. #RaisetheBar #UnlockingCareerSuccess #communitycollege #workforcetraining
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We are proud to have been part of this important conversation.?Maine's My Alfond Grant program continues to lead the way in demonstrating the positive difference that early investment makes for children!
I came to The Aspen Institute nearly six years ago for days like this. On Monday, in partnership with Invest America and BlackRock, the The Aspen Institute Financial Security Program strategically convened a bipartisan discussion about the idea of providing universal #investment accounts seeded with at least $1000 to every baby in America. Why? ?? So that everyone has an #ownership stake in our economy, and gets to share in America's upside via our world-leading #capitalmarkets. ?? So that we can arrest and reverse the #wealthinequality that is undermining our society. ?? So that #wealth building can become a cornerstone of the shared American experience. Renowned economists Robert Shapiro and Kevin Hassett made their cases (one Democrat, one Republican) for this idea, previewing forthcoming research they've conducted at the Milken Institute. Michael Sherraden at Washington University in St. Louis and Colleen Quint from the Alfond Scholarship Foundation shared lessons from real, scale programs and experiments in Oklahoma and Maine. And in an off-the-record conversation, Senate staffers -- two Republicans, two Democrats -- Michael Sinacore, Joshua Grant, Corey Husak, and Melissa Sanchez revealed how much commitment there is to building household wealth, on both sides of the aisle, and how much openness there is to working together on a big idea like this. My big takeaway: we are entering a critical window of opportunity to make these ideas real. Regardless of November's election outcome, 2025 will be a big year of negotiation on tax policy. Senator Cory Booker and Senator Robert P. Casey, Jr. have both led on this idea and have introduced legislation with shared aspirations, using slightly different mechanisms. And the "big tent" of leaders who support early wealth building accounts is on the verge of political diversification. Now, it's up to us to make sure the tent is big enough and durable enough to hold all of these leaders, support and sustain their energy, and help focus their efforts on the most important design principles and choices that can help deliver real #financialsecurity to America's next generation. After Monday, it feels more than possible. Ray Boshara Ida Rademacher Jason E. Claire Chamberlain Arielle Gurman Sophia Posada-Parker Matt Lira Brad Gerstner Joanna Smith-Ramani Tim Shaw Kara Woolley (Watkins) Kate Griffin Kreg Steven Brown Genevieve Melford Erin Bor? (Thiemann) #homeownership #retirementsecurity #highereducation #entrepreneurship #retirementsavings #racialwealthgap #genderwealthgap #babybonds
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Mark your calendars for Friday November 1st! Join us for a Free Webinar: Understanding the Differences Between the Alfond Grant and Maine's Education Savings Program Maine people have access to two unique programs created to help save and pay for education after high school, however, understanding how each program works can sometimes cause confusion. During this session, ASF will provide an overview of the $500 Alfond Grant and FAME will share information on Maine's education savings program, explain how they differ, how they can help raise post-secondary aspirations, tools for evaluation, and ways that families can maximize their savings. This one-hour webinar will be hosted by FAME on?Friday November 1st, 2024 at 12:00PM. Click the link to register today! https://lnkd.in/eYbzK_X7
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Congratulations to the CAFE Team at FAME We are thrilled to celebrate FAME (Finance Authority of Maine) for being named the?Maine Development Foundation's 2024 Champion of Education & Workforce Development Awardee! This well-deserved recognition highlights the outstanding work FAME has done to support students on their journey to and through postsecondary education, helping to shape Maine’s future workforce. ASF was proud to sponsor this award and offer remarks at the breakfast held earlier this month where FAME’s achievements were celebrated. Thank you, FAME, for your continued dedication to empowering students and strengthening our community!
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