ADMINISTRATIVE FUNDS

Bernard H. Jones, Sr. Founders Fund Established in 2002 by the board of trustees. Income from this fund is to be used for operations of the Foundation.

POISE Operating Endowment Fund Established in 1996 by the Board of Trustees. For long-term operations of the Foundation.

AGENCY FUNDS

Afro-American Music Institute Fund Established in 1997 by the Afro-American Music Institute. Income is to be used for the benefit of the Afro-American Music Institute.

Bidwell Street United Presbyterian Church Endowment Fund Established in 1988. Income is to be used for the benefit of Bidwell Presbyterian Church.

Brandon Hobson (AUBA) Fund Established in 2002. Income to be used for Allegheny Union Baptist Association.

Deliverance Baptist Church Endowment Fund Established in 1996 by Deliverance Baptist Church. The income from this fund is to be used for charitable ministries as determined by Deliverance Baptist Church.

Kuntu Repertory Theatre Foundation, Inc. Endowment Fund Established in 2003. Income to be used to subsidize annual operating expenses of the Kuntu Repertory Theatre, its successor, or other non-profit arts entity(s) as directed by the Fund advisory committee.

Mel and Elenore Seidenberg UYA Endowment Fund Established in 2003 by the Board of Directors of Urban Youth Action, Inc. Income to be used for operations, programs, and other purposes of Urban Youth Action, Inc.

PCHS Endowment Fund Established in 2002 by the Board of Directors of Primary Care Health Services, Incorporated. The income from this fund is to be used to advance the mission of Primary Care Health Services (PCHS) through enhancing existing programs, growth of the organization, human resource development, capital, educational, and community service programs. If the PCHS organization is acquired, dissolves or is no longer governed by its current structure, the advisory committee, on behalf of the Board of Directors (PCHS) will recommend to the Foundation the charitable use of the income derived from the fund.

Sickel Cell Treatment Fund Established in 2005 by The Sickel Cell Society, Inc. Income is to be used for promoting self-sufficiency essentially for The Sickel Cell Society.

Urban Youth Action Endowment Fund Established in 1981 with funds from Urban Youth Action Economic Fund. The Misters, Inc., Pittsburgh Afro-American Investment & Development (PAID), and UMP Investment Club. Income shall be exclusively for the benefit of Urban Youth Action, Inc.

Wilson Bradley/Sisters of Eve Fund Established in 1997 by Daisy Wilson and Mary Bradley. Income from this fund is to be used for the Twenty Sisters of Eve performances.

DONOR ADVISED FUNDS

Annette Cuffee and C. Richard Gillcrese Christian Fund Established in 1992. Income is to be used for Christian activities designated by the donors.

Bernard H Jones, Jr. Fund Established in 1997 by Bernard H. Jones, Jr. The income from this fund is to be used for the charitable purposes as suggested by the donor.

Bill's House Endowment Established in 2000.

Brenda W. and J. M. (Jim) Grammar and Carmen Grammar-Long Fund Established in 1992 by Mr. & Mrs. J. M. Grammar. Income is for the charitable interest of the donors.

C. Richard and Annette Cuffee Gillcrese Fund Established in 1992. Income to be used for the Charitable interest of the donors.

Campbell Family Fund Established in 1989 by Mr. Donald L. Campbell, President & CEO, Century Technologies, Inc. Income is for the charitable interests of the donor.

Cundieff, Cobbs, Simmons, and Rogers Fund Established in 1995 by Rusty Cundieff in celebration of the adults who nurtured he and his sister. The income from this fund is to be used for the various charitable purposes as designated by the donor.

David Gist Endowment Fund Established in 2001 by the friends and family of David Gist.

Dianna L. Green Fund Established in 1997 by the Board of Trustees of POISE Foundation in memory of Dianna L. Green. Income from this fund is to be used as determined by the Board of Trustees.

Dwayne D. Woodruff Charity Trust Fund Established in 1997 by Dwayne D. Woodruff and Joy M. Woodruff. The income from this fund is to be used for the charitable interest of the donors Dwayne D. Woodruff and Joy M. Woodruff.

Earline & Charles L. Pankey, Sr. Fund Established in 2000 by the family in memorial to Charles L. Pankey, Sr. Income from this fund is to be used for the charitable purposes as suggested by the family.

Financial and Moral Supporters Family Scholarship Fund Established in 1991 by members of FAMS to help students continue their education. A committee of FAMS members will select the students.

Genesis Foundation (click here to view an article written by Ervin Dyer about giving) Established in 2004 by Ervin Dyer. Income is to be used for the scholarships or building/ capital support for two schools in Somanya, Ghana (West Africa), The Ervin-Spags Nursery and the Second Presbyterian Middle School as well as other charitable interest of the donor.

Gloria D. and Ralph Dickerson, Jr. Fund Established in 1988. Income is to be distributed as designated by Gloria D. & Ralph Dickerson, Jr.

Golden Star and Chain Incorporated Fund Established in 1998 by Golden Star and Chain Incorporated for the purpose of assisting and supporting educational activities of indigent persons within the area of the City of Pittsburgh. An advisory committee will suggest the use of the income.

Greg and Janet Spencer Charitable Giving Fund Established in 2003 by Greg and Janet Spencer. Income is to be used for the Charitable giving purposes of the donors.

Gussie Smith Anderson Fund Established in 1998.

Hines Family Fund Established in 1993 by Wilbur E. Hines. Income to be used for various charitable purposes as designated by Wilbur E. and/or Imogene A. Hines.

Holly and Evan S. Frazier Fund Established in 1996 by Holly and Evan Frazier. The income from this fund is to be distributed as designated by the donors, Holly and Evan Frazier

Hon. William Russell Robinson Fund Established in 1992. The income is for charitable interest of the donor.

Jeannette Carolina Memorial Healtcare Fund Established in 2006 by Marvin Carolina. Income to be used for individuals pursuing careers in the Healthcare Field with an interest in nursing and other eligible grants to support the growth of African Americans in the healthcare profession.

JRL/Laymon Fund Established in 1994 by John R. Laymon, Jr., for the charitable purposes designated by John R. Jr, Brenda S. and/or Jenea Y Laymon.

Kathryn and Pearlie L. Johnson/ Ellen L. and Forest E. Thompkins Fund Established in 1994 by William Douglas and Susan Renee Thompkins, the income from this fund is to be used for the charitable purposes of the donor’s advisory committee.

Lennie and Anthony L. Henry Fund Established in 1993 by Lennie and Anthony L. Henry. Income to be used for the charitable interest of the donors or the charitable interest of their children in the absence of the donors.

Men of Fifth Avenue Fund Established in 2000 by the proceeds of the first annual Men of Fifth Avenue Program. Charitable use of the Income from this fund is to be suggested by an advisory committee.

Michelle A. and Mark S. Lewis Trust Fund Established in 1994 by Mark and Michelle Lewis. The income from this fund shall be used for the charitable purposes of the donors.

Mrs. and Mr. Richard Thornton Fund Established in 1995 by Mr. And Mrs. Richard Thornton. The income from this fund shall be used for the charitable purposes of the donors.

Nancy D. and Milton A. Washington Fund Established by Nancy and Milt Washington in 1994 for the charitable purposes of the donors.

Paul G. and Gwendolyn T. Patton Family Fund Established in 1993 by Paul G. Patton and Gwendolyn T. Patton. The income from this fund is to be used for the charitable purposes of the donors.

The Point Breeze Endowment Fund Established in 2003 by William C. Allen, Jeffrey S. Gray, Donna M. Westbrooks-Martin, and Evan Templeton. The income from this fund is to be used to develop, promote and maintain the Point Breeze Community in a way that enhances its resident's quality of life.

Queen Etta Guy Fund Established in 1999 by the family in memory of Queen Etta Guy. Income from this fund is to be used for the charitable purposes as suggested by the family.

Toller Endowment Fund Established in 2001.

Vivian M. Colbert Fund Established in 1992 by the Misters, Inc., Urban Youth Action, Inc., and friends of Vivian Colbert. The income is for the charitable interest of Ms. Colbert.

William A. and Valerie Tyler Fund Established by Mrs. Valerie Tyler in memory of her husband. Income is for the charitable interests of the donor.

DONOR DESIGNATED FUNDS

Clara and Frank Sams Fund Established in 1986. A gift from Frank Sams in memory of his wife, Clara Sams. Income is for scholarship aid and/or various charitable purposes in Bidwell Presbyterian Church and the African American community it serves.

Earl D. and Henrilynn Johnson Fund Established in 1991 by family and friends. Income is for scholarship aid and charitable purposes in Bidwell Presbyterian Church.

Earl F. and Lois W. Hord MYDC and Centre Avenue YMCA Fund Established in 1996 by Earl F. Hord and Lois W. Hord. The income from this fund it to be used for the purchase of Memberships in the Centre Avenue YMCA for children in need and to support operating expenses of Manchester Youth Development Center (MYDC).

Financial and Moral Supporters (FAMS) Fund Established in 1984. Income is used for educational and employment opportunities for Urban Youth Action, Inc., and needy youth of Allegheny County.

Frankie Pace Community Fund Established in 1980 by friends in honor of Frankie Pace. Income for educational and community service awards.

Geraldine C. and Bernard H. Jones Fund Established in1980 by friends of B. H. Jones, and by Mr. Jones in honor of Geraldine C. Jones. Income for scholarship aid and church activities.

K. Leroy Irvis Memorial Education Fund Established in 2006 by the Board of POISE Foundation to honor the legacy of the Honorable K. Leroy Irvis.  This fund is dedicated to supporting educational purposes in keeping with the interest of K. Leory Irvis such as the K. Lewory Irvis Reading Room, general education purposes, and groups involved in the political education of the African American community.

Leroy and Norma Brandon Patrick Fund Established in 1996 by Reverend Dr. Leroy Patrick. The income from this fund is to be used for and in equal amounts to the following three entities: Thomas M. Thomas Memorial Church, Bethesda Presbyterian Church and Lincoln University. No restrictions are set upon the stipend each will receive.

The Mamye and Leon E. Hickman, Esq. Fund Established in 1991 by the Board of Trustees of POISE Foundation, Financial & Moral Supporters (FAMS) and The Misters. Inc. Income is to be used to motivate young people to stay in school by supporting the Urban Youth Action program

Pittsburgh Community Television Programming Trust Fund (PCTPT) Established in 1992 by the Trustees of the Pittsburgh Community Television Programming Trust (PCTPT). The income from this fund is to be used for the advancement of production of community television in the City of Pittsburgh. The Trustees of PCTPT will suggest use of income.

POISE Director's Fund Established in 1988. Income is to be used by the Director for special immediate small activities.

POISE/MISTERS FUND Established in 1987 with a gift from New Cycle Foundation and the Misters Investment Association. The income is used for the Misters. Inc. and POISE Foundation's economic activities in the Pittsburgh area.

Ronald R. Lawrence, II Fund for the Afro-American Music Institute Established in 2004 by Ronald R. Lawrence, II. Income is to be used for the benefit of the Afro-American Music Institute.

Ruth R. Keith Charitable Fund Established in 1980 by friends of Ruth R. Keith. Income for educational and community awards.

The Teach Love Fund Established in 1997 by Dr. Frances Johnson Barnes, Ed. D. The income from this fund is to be used “Based on the premise that love is a learned activity and therefore can be taught.The Teach Love Fund has been established to support groups and individuals who develop activities and projects, in varied categories and settings, that seek to teach individuals, especially children and youth, to love themselves and to love others.

Urban Youth Action Alumni Association Fund Established in 1992 by the members of UYA Alumni Association. Income exclusively for the benefit of Urban Youth Action, Inc.

Young Achievers Trust Fund Established in 2000 by Renaissance Publications. The income from this fund is to be used for charitable donations towards educational scholarships, health initiatives, art projects, and non-profit agency support.

Youth Work NAACP Fund Established in 1993 by the NAACP Pittsburgh Branch. Income for youth activities in the City of Pittsburgh. An Advisory Committee will suggest use of income.

FIELD OF INTEREST FUNDS

City of Pittsburgh Economic Development Fund Established in 1997 by a donation from VISA USA. The income from this fund is to be used for Economic Development activities in the City of Pittsburgh.

Howard A. Russell Memorial Fund Established in 1988 by friends of the late Dr. Howard A. Russell. The income is to be used in the fields of music and art.

Marion Parker Diggs Entrepreneurial Fund Established in 1997 by the Board of Directors of POISE Foundation in memory and honor of Marian Parker Diggs a native of Pittsburgh and Champion of small business. The income from the fund is to be used for entrepreneurial activities as determined by the Foundation’s Board of Trustees.

Misters Economic/Educational Fund Established in 1981. Income to be used for African-American economic, entrepreneur development and educational activities in the Pittsburgh area.

Urban Affairs/Economic Dev Fund Established in 1995 by a contribution from Dollar Bank. The income from this fund is to be used to promote economic development and awareness in the City of Pittsburgh and throughout Allegheny County.

Young Ladies Enrichment/Support Fund Established in 1988. Income is to be used for special programs, activities and projects to help young ladies prepare for a better future.

Young Men Enrichment/Support Fund Established in 1993. Income is to be used for special programs activities, projects, etc., to help young men prepare for a better future.

PASSTHROUGH FUNDS

POISE Distribution Fund Established in 1981. The fund is designed for those donors who prefer their gifts be distributed in its entirely.

SCHOLARSHIP FUNDS

Alpha Phi Alpha Fraternity, Omicron Alumni Scholarship Established in 2004 by the Omicron Alumni Association. Income is to be used for members of Alpha Phi Alpha's Omicron Chapter pursuing an undergraduate degree.

Andrea Renee Umphrey Educational Scholarship Fund Established in 2004 by the family and friends of Andrea Renee Umphrey who was a tragic victim of violence.  The purspose of the fund is to provide educational assistance to her children as well as others who may have lost a parent to violence.  Grants to individuals other than the children will not occur until after the children's educational needs have been satisfied.

Anna Mae Jones and Lucille H. Jones Pennywell Fund Established in 1980 by the children, family and friends of Anna Mae Jones and Lucille H. Jones Pennywell. Income for scholarship aid.

Betty and James Robinson Scholarship Fund Established in 1997 by Betty and James Robinson for purposes of awarding scholarships to students who participated in Manchester Youth Development Corporation.

Bynums Creative Scholarship Fund Established in 1996 by Russell and Kathy Bynum.  The income from this fund is to be used to advance the education and careers of African Americans who seek education and employment in the Advertising and Graphic Design fields.  Students will be suggested selected by the donors.

The Charles F. and Edith A. Williams Fund Established in 1991 by the family in memory of Charles F. Williams and in honor of Edith A. Williams.  Income is to be used for students who graduate from Westinghouse and Cheyney to further their education.  It is preferable that students have an average grade point average.

Charles L. Peters and Andrew Smith Fund Established in 1995 by Ronald E. Peters and Mary Smith Peters.  The income from this fund is to be used for the education of African American youth, ages twenty-five (25) or under.

Clarence H. Horne, Jr. Memorial Fund Established in 1980 by friends of Clarence H. Horne, Jr. Income for scholarship aid.

Coburn M. Jones and Janice Davis Jones and Laura K. (Jones) Garner Fund Established in 1996 by Coburn M. Jones & Janice Davis Jones and Laura K. (Jones) Garner.  The income from this fund is to be used to help provide educational assistance to minority youth at various levels of their academic career and help in promoting self-help and betterment for the total community.

Daisy and James T. Wilson Scholarship Fund Established in 1980 by The Misters, Inc. and Urban Youth Action, Inc. in honor of Mrs. Daisy Wilson and Mr. James T. Wilson. Income is for scholarship aid to needy students.

Darlene Spence Musical Scholarship Fund Established in 1987 by the staff and students of Allegheny Middle School in memory of Darlene Spence. Income is to be used for musical scholarships for students at Allegheny Middle School.

Dianna L. Green Memorial Endowed Scholarship Fund Established in 1997 by Duquesne Light Company in memory of Dianna L. Green.  The income from this fund is to be used for scholarships to full time students who are enrolled or are planning to enroll at a four year accredited university/college and are residents of Allegheny or Beaver Counties.

Edward E. Guy, Sr. Memorial Fund Established in 1993 by the family and friends in memory of Mr. Edward E. Guy, Sr. Income is for scholarship aid to needy students.

Euzell "Bubby" Hairston Educational Fund

Established in 1998 by the Honorable Valerie McDonald Roberts in honor of her father Bubby Hairston. The income from this fund is to be used for educational purposes.

Forrest L. Parr Scholarship Fund Established in 1980 by the staff of Business and Job Development. Inc. and Mr. Paul D. Nelson in honor of Mr. Forrest L. Parr Income for scholarship aid.

Evelyn Page Parker Scholarship Fund Established in 2004 as the Pittsburgh Black Nurses In Action Scholarship Fund, this fund was renamed as a memorial to a dedicated nurse and member of the organization.  The purpose of the fund is to provide scholarships to students interested in the nursing field.  Recipients will be suggested by a committee of the Pittsburgh Black Nurses in Action.

Frank E. Bolden Scholarship Fund Established in 1998 by The Early Learning Institute on behalf of Frank E. Bolden.  The income from this fund is to be used for scholarships for local individuals, male or female, planning to pursue careers in early childhood education or special education in an accredited education program.

Freedom House Scholarship Fund Established in 1987 by Freedom House Enterprise, Inc.   Income is to be used for scholarship awards.

Greg Jones Scholarship Fund Established in 1990. Income is for scholarship aid to needy and worthy students.

H. E. Winston Educational Endowment/Monumental Baptist Church Fund Established in 1992 by Rev. Thomas E. Smith and members of Monumental Baptist Church. The income is to be used for scholarship assistance to African- American students to African-American Institutions.

Handy Gay and Lena Gay Riley Manker Scholarship Fund Established in 2002 by Joseph O. Manker, Jr. The income from this fund is to be used for the purchase of books only, awarded to a minority student maintaining at least a "B" average at Duquesne University of Pittsburgh.

Harriet Tubman Freedom Fund Established in 1996 by David Edward Ellis.  The income from this fund is to be used for students pursuing a degree in education, business, law, medicine, science, or technology.

Harvey Adams, Jr. Scholarship Fund Established in 1993 by friends of Harvey Adams, Jr. in honor of his services to the community. Income is to be used for scholarships.

Hill District Youth Scholarship Fund Established in 2001 by Monumental Mission Ministries.  Income is to be used for scholarships for youth as determined by an advisory committee.

Howard Hairston Scholarship Fund Established in 1987 by the Alpha Omicron Lambda Chapter of Alpha Phi Alpha Fraternity, Inc., Pittsburgh, Pennsylvania. Income is for scholarships to worthy and needy students.

Irene E. and Temple J. Lee Memorial Fund Established in 1980 by friends and family of Irene E. & Temple J. Lee. Income for scholarship aid.

J. P. Lawrence Sr. and Genevieve Lawrence Heritage Scholarship Fund Established in 2002 by Ronald R. Lawrence and Valerie J. Lawrence.  The income from this fund is to be used for an annual student scholarship(s) through the First Missionary Baptist Church of Gulfport, Mississippi.  An advisory committee as determined by the donors will suggest the scholarship recipients.

James C. Williams Scholarship Fund Established in 1980 by James C. Williams. Income for scholarship aid to needy students.

John Christian Golf Classic Endowment Fund Established in 1988 by the John Christian Charity Golf Classic Committee. Income is to be used to help provide educational assistance to minority youth at various levels of their academic career and help in promoting self-help and betterment for the total community.

Katie E. and Robert H. Nelson, Sr. Fund Established in 1980 in memory of Katie E. & Robert H. Nelson, Sr. Income for scholarship aid to needy students.

Lennie and Jerry McCrommon, Sr. Fund Established in 1980 by the children and family in memory of Jerry McCrommon and in honor of Lennie McCrommon. Income for scholarship aid.

Lula Mae Mott and Willie M. Lindsay Fund Established in 1980 by The Misters, Inc. and friends of Lula Mae Mott and Willie M. Lindsay. Income for educational and scholarship awards.

Miller's Urban Youth Action Education Fund Established in 1991 with a gift from the Miller Foundation. Income is for scholarships to worthy and needy African-American students.

Morning Star Memorial Scholarship Endowment Fund Established in 1991 to honor former members of Morning Star Baptist church who have made an impact on youth in the church and community. The fund will serve young people in Morning Star Baptist Church, Mon-View Heights and the Mon-Valley community. An Advisory Committee suggests use of income.

NSMH Alumni Scholarship Fund Established in 1997 by the NSMH Co-Founders (Evan Frazier, Michael Burkeen, Alfred Watts, and Penelope Urquhart).  The income from this fund shall be used for Hospitality scholarships for minority students giving preference to NSMH members and NSMH Alumni members.

Oliver L. Johnson Legal Education Fund Established in 2000 by the Homer S. Brown Law Association for the purpose of providing financial assistance to African American students at the University of Pittsburgh School of Law and Duquesne University School of Law.  An advisory committee will select the students.

Omega Psi Phi Fraternity, Inc. - Iota Phi Foundation of Pittsburgh, Inc. Fund Established in 2000 by John R. Laymon (Chairman).  The income from this fund is to be used for scholarships and other charitable purposes as designated by Iota Phi Foundation Chairman and/or Treasurer.

The Perdue Family Fund Established in 1993 by Rose Sharon and Dale Perdue. The income from this fund is to be used for scholarships for needy students, with a preference in the field of education or law.

Pittsburgh Black Nurses In Action Scholarship Fund Established in 2004 to provide scholarships to students interested in the nursing field.  Applicants will be suggested by a committee of the Pittsburgh Black Nurses in Action.

POISE/Kiski Fund Established by Board of Trustees in 2003.  Income is to support scholarship assistance for an African-American male to attend the Kiski school.

POISE Primary and Secondary Education Scholarship Fund Established in 2003 by the Board of Trustees. Income to be used to provide scholarships for tuition and fees for children in grades K-12 who attend a private or public school in Allegheny County. Certain income guidelines apply.

Program to Aid Citizen Enterprise (PACE) Scholarship Fund Established in 1995 by the Program to Aid Citizen Enterprise (PACE).  The income from this fund is to be used for Scholarships.  An advisory committee will suggest the use of the income.

RENAISSANCE TOO Hazel Garland/Goode Scholarship Fund Established in 1988 by Renaissance TOO in memory of the late Hazel Garland and in honor of Malvin R. Goode. Income is to be used to assist African-American students interested in pursuing a degree in journalism or communications.

Richard and Roberta Griffith Endowment Fund Established in 2004 by Mr. Will E. Griffith. Income is to be used to provide scholarships to worthy students attending Henderson State University in Arkadelphia, Arkansas. (click here to see the press release)

Robert A. Ruffin Memorial Fund Established in 1990 by friends of Robert A. Ruffin. Proceeds from this fund are for educational awards and scholarships to worthy and needy students.

Robert B. Pease Scholarship Fund Established in POISE Foundation in 1981. Income for scholarship aid to Urban Youth Action students, with preference in the field of Engineering.

Robert Brown Memorial Fund Established in 1980 by the youth and adults of Urban Youth Action in memory of Robert Brown. Income is for scholarship aid and/or educational awards.

Robert R. Lavelle Scholarship Fund Established in 1980 by Mrs. A. Lavelle as a gift to her husband. Income for scholarship aid to needy young people.

Sgt. William H.  Carney Scholarship Fund Established in 1995 by the Honorable William Russell Robinson, 19th Legislative District.  The income from this fund is to be used for scholarships.

Stanley A. Lowe, Pittsburgh Neighborhood Preservation Services, Educational/Scholarship Fund (SAL-PNPS Fund) Established in 2004 by Stanley A. Lowe. Income is to be used for financial aide and to further educational pursuits for minority students that desire to attend private military and secondary educational facilities.

Sunshine Jazz Endowment Fund Income is used to support African American students attending a Philadelphia College or University. Awardees must also be Pennsylvania State residents and meet the minimum specified criteria as set by the Fund’s Founders.

Terri F. Gould Scholarship Fund Established in 1998 by Action-Housing, Inc. for the purpose of providing scholarships to the clients of ACTION-Housing's program and services and/or their children who are studying social work, communications, journalism, psychology or related courses.  An advisory committee will suggest the students selected.

William "Bill" Powell Scholarship Fund Established in 1980 by The Misters. Inc., and friends in honor of William "Bill" Powell. Income is for scholarship aid for needy students, with preference in the field of communications.

UNRESTRICTED

Beafus and Mayple McAffee Trust Fund Established in 1992 by the friends, family and members of Emory United Methodist Church in honor of Beafus and Mayple McAffee. Income is unrestricted.

Ernest L. Lee, Sr. Memorial Fund Established in 1980 by family and friends. Income is unrestricted, with preference given to organizations in which Mr. Lee had special interests.

POISE Endowment Fund Established in 1981 as an unrestricted fund by the Misters, Inc., Pittsburgh Afro-American Investment and Development Association (PAID), and UMP Investment Club. It is designed as a permanent endowment for memorials, yearly donations, grants, and other gifts. This fund is used for public giving.