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Trust Funds

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The Surry New Hampshire Trusts

There are approximately one hundred trusts and capital reserve funds managed by the Trustees of the Trust Funds. The oldest trust dates back to 1890.The total money in the trust funds was $495,462 at the end of 2012.
Download the report for 2012 here.

Download the Report for 2015 MS9rpt – 2015

 

 

 

The Trustees

The original funding for a number of Surry’s trust funds were donated by well-respected citizens for specific purposes. The Trustees of the Trust Funds are volunteer citizens who serve in a fiduciary capacity on behalf of the citizens of the Town to manage the money entrusted to them. This web page is dedicated to all of the past trustees who have served with integrity in carrying out their role in Surry’s history.

Trustees Responsibilities

• Safeguard the money in the trust funds.
• Comply with the provisions of the documents establishing the trusts.
• Approve an investment policy for the trust funds annually.
• Invest the funds according to the investment policy.
• Pay out the income and the principal according to the trust documents.
• Prepare and submit annual reports to the Town and to the State of NH.

Trustees Activity 2013

It has been a busy and productive year for the Trustees of the Trust Funds.
We have:

• Attended seminars given by the Department of the Attorney General, Charitable Trusts Unit on Administration and Statutory Filing Requirements.
• Developed and submitted to the State of New Hampshire a new Investment Policy. A PDF download is available here.