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UUSM - About Us - Management Policies - Use of Will Wright Bequest
Use of Will Wright Bequest
Approved by the Board of Directors 2-11-92
Late in 1991, the Church received a check for $15,752.06 from the UUA, proceeds
from money deposited by Will and Greta Wright in the UUA Pooled Income Fund
to benefit the Church on their death. The Wrights specified that the money was
to be held by the Church as an endowment, the earnings to be used by the Minister
to bring other speakers into the pulpit on Sunday mornings. The Board was given
the option, during the first 30 days, to specify some other use of the funds,
as long as they were not included in the general funds of the Church. The Finance
Committee recommended, and the Board approved, that the funds be used just as
the Wrights intended, to bring in outside speakers. The Board has the option
to reconsider this decision every five years.
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