Purpose
- Afford an opportunity to persons of moderate means and persons of wealth alike to make gifts and to more efficiently provide for the distribution of income and/or principal as an aggregate community fund.
- Meet the changing needs of the community by providing flexibility of distribution.
- Provide for the administration of such funds by an impartial group of persons chosen for their knowledge of the local educational, charitable or benevolent needs of the time.
- Safeguard and provide for the permanent security of the principal of such gifts.