1993-05-05May 5, 1993
The Eighty First Annual Meeting of the Commissioners of Trust
Funds for the City of Beverly was held at the Beverly National
Bank at 9:00 A.M. In attendance were James Dawson, Peter Copelas,
Lawrence Smith and Judith Mulligan.
The Annual Report for the fiscal year ending June 30, 1992 was
reviewed and accepted.
It was decided that in the future when invitations are received
to attend ceremonies in honor of donations that at least one of
the Commissioners should accept.
A motion was made and accepted to break out funds into five
groups - Cemetery, David Lynch, Nancy Millett Library and All
Others. A letter will be sent to James Rich, Senior Trust
Officer, requesting a breakout of assets by the five groups. A
request for an asset report for June 30, 1993 will be made and
will be reviewed at our next meeting.
Requests for funds were reviewed and it was voted to make the
following contributions from the Nancy A. Millett fund: the
Beverly Regional YMCA, $2500.00 to be used for scholarships to
summer camp; the Visiting Nurse Association of the North Shore,
$2500.00 to be used for clinical services for the elderly of
Beverly; Project RAP, $2500.00 for Peer Education at Beverly High
School; the Beverly Female Charitable Society, $1000.00t and the
Beverly Children's Learning Contort $1000 for summer day care
scholarships.
The Directors of the Beverly Council on Aging and Beverly Youth
Services will be contacted and encouraged to request funds since
they may lose City funding for the coming fiscal year.
Mr. James C. Dawson was elected Chairperson and Mrs. Judith A.
Mulligan was elected Clerk for the fiscal year 1993-94. It was
decided that the next meeting be held in late August and that al.l
future meetings be scheduled for 8:00 a.m.
The meeting was adjourned at 9:55 A.M.
Respectfully submitted,
Commissioners of Trust Funds for the City of Beverly