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unusual facts about trust fund



Hong Kong and Far East Masonic Benevolence Fund

The Hong Kong and Far East Masonic Benevolence Fund Corporation is a trust fund establishment by the Government of Hong Kong under the Masonic Benevolence Fund Incorporation Ordinance (Chapter 1034 of the Laws of Hong Kong).

Hoop snake

Naturalist Raymond Ditmars placed $10,000 in trust at a New York bank for the first person to provide evidence of a hoop snake.

Percy Sladen Memorial Trust

The Percy Sladen Memorial Trust is a trust fund administered by the Linnean Society of London for the support of scientific research.


see also

Charitable immunity

In the House of Lords, Lord Cottenham, in dictum, pronounced that an award of damages out of a trust fund "would not be to apply it to those objects which the author of the fund had in view, but would be to divert it to a completely different purpose".

Claims Resolution Act of 2010

The bill also includes the settlement of the $3.4 billion Cobell v. Salazar trust fund lawsuit brought forth by Native American representatives against the United States government citing that the U.S. government incorrectly accounted for Indian trust assets.

David Cole Observatory

It is named after David Cole, the longtime trustee of the trust fund of Enoch Cobb.

Dunwoody Village

In 1924, the Dunwoody Home opened its doors to needy men and operated with a trust fund that continues to this day caring for those in need.

Enoch Cobb

The Cy-près doctrine was used to redevelop the trust fund as the original plans of the will would be hard to follow since selling cords of wood was not as profitable as it once was.

Henry McNamara

McNamara sponsored New Jersey’s open space trust fund, wrote the law to clean up underground storage tanks, re-wrote the laws governing toxic waste cleanup and led the way for a Brownfields law – a plan to get private investors to clean up polluted industrial sites and make those sites clean and useful again.

Housing trust fund

Dade County established its Housing Trust Fund in 1984 to fund construction and rehabilitation of affordable housing for low-income households (defined by county law as below 80% of median income) and moderate-income households (80-140% of median income).

Napa County created its Trust Fund in 1992 to construct and rehabilitate affordable housing units.

In 2011, with strong support by Governor Peter Shumlin, Vermont appropriated more than $12 million to its Housing and Conservation Trust Fund--$8 million from real estate transfer taxes (95% of the statutory requirement) and $4 million from the capital budget.

Kirsa Jensen case

The Trust Fund set up initially to aid the search asked Massey University to administer a portion of the funds for an award for students entering the third, fourth or fifth year of a Bachelor of Veterinary Science degree.

Konarka Technologies

The company also received $1.5 million from a state of Massachusetts alternative energy trust fund in 2003 during Governor Mitt Romney's term and another $5 million during Governor Deval Patrick's term.

Noel Lister

He is a keen sailor - he was a contender for the Admiral's Cup in Imp - and in 1987 secured the future of the UK Sailing Academy at Cowes by acquiring it from the Sports Council and transferring it, and a donation of £4 million, into a Trust Fund.

North Carolina Parks and Recreation Trust Fund

The primary funding source for the trust fund is the N.C. excise tax on real estate transfers.

Ramón Ramos

During the summer of 1991, more than 20,000 fans turned out to help the Trail Blazers raise $130,000 at Slam ‘N Jam, an outdoor basketball and music event in what is now Jeld-Wen Field in Portland, Oregon for a trust fund to assist Ramon’s recovery.

Rosser's equation

In economics, Rosser's equation (named after J. Barkley Rosser, Jr.) calculates future US Social Security Administration Trust Fund balances and payments as the ratio of benefit payments in real terms for a given income level to be received the year after the Trust Fund would be exhausted, to those of the same income level for an initial year.

Wendell H. Ford Aviation Investment and Reform Act for the 21st Century

This provision was a goal of the Aircraft Owners and Pilots Association which sought to unlock the aviation trust fund.