Commissioners of Trust Funds - Types of Trust Funds
The funds falling within the jurisdiction of the Reading Commissioners of Trust Funds are those left to the Town. The wills, donations or laws which established these funds also designated bodies to be responsible for the administration of the program benefiting from the funds.
Following is a list of the repsonsible Board, Committee or Commission, as well as a description of the purpose of the funds:
Board, Committee or Commission |
Trust Fund purpose |
|
|
Cemetery Trustees |
To provide perpetual care to cemetery lots |
Library Trustees |
To benefit the Reading Public Library |
Scholarship Foundation or High School Guidance Dept. |
To fund scholarships and awards |
Council on Aging |
To fund programs for the elderly |
Celebrations Committee |
To fund town-wide celebrations |
Celebrations Committee |
To fund preservaation of the Town's history |
Veterans Fund Committee |
To honor the graves of veteran |
Trust Fund Commissioners |
To build a hospital* |
* click here for a description of subsequent modifications
|