Board of Pensions of the Presbyterian Church (U.S.A.)

Calvin T. Young Memorial Fund-32444

Beneficiary location:

Philadelphia, PA

Account number: 102210000019

Designated Use

To the Executive Committee of Christian Education and Ministerial Relief of the Presbyterian Church of the United States twenty per cent (20%) of the said thirty-five (35%) per cent aforesaid to be used in the field for the sustentation of aged and infirm ministers of said Church, and the remaining fifteen (15%) to be used for the training of young men for the gospel ministry under the direction and administration of Columbia Theological Seminary, now located at Decatur, Georgia. [Per 1956 Court Order, the 20% was to be paid to the Board of Annuities and Relief of the Presbyterian Church in the United States (n/k/a Board of Pensions) and the 15% was to be paid to the Board of Christian Education of the Presbyterian Church in the United States (n/k/a General Assembly Mission Board of the PCUSA). This account represents the 20% portion.]