GREAT NEWS!!!!

I just received the following email from Doug Shoemaker and wanted to let you know about it. A HUGE thanks to Marianne Isaacs for her hard work with letters and calls to Western Yearly Meeting to see this through!


Bob,

We received a check from Western Yearly Meeting today for $14,816.26, a transfer of the entire Beryl Baliff fund from Western Yearly Meeting to Indiana Yearly Meeting. We will be adding this to the IYM endowment that is managed by Wells Fargo Bank in Fort Wayne and under the oversight of the IYM Investment Board. We generally make bi-annual lump sums distributions from our endowment and distribute it proportionally. You can expect to receive your first distribution check from us in July 2012 and then every six months. Let me know if you have any questions.

I’m copying Don Wright, clerk of our Investment Board, with this email. Don, maybe we can list this amount as “Hinkle Creek Baliff Fund” on our records. The purpose of this fund was to enable Hinkle Creek to pay yearly meeting assessments. We will distribute the funds directly to Hinkle Creek and they will then be responsible for using if for the designated purpose.

Doug