First Presbyterian Church

Charles A. and Ida M. Oberg Memorial Fund-38378

Beneficiary location:

Willmar, MN

Account number: 102240005935

Designated Use

The net income shall be reinvested as such income is received quarterly into a separate fund until December 31, 1993 for the benefit of the First Presbyterian Church, Willmar, MN. Beginning January 1, 1994 the First Presbyterian Church shall have the privilege of annually withdrawing the income accumulated from its share of the fund. The First Presbyterian Church or its successors shall use the said income from the Fund hereby established as determined by it Session for further support of missionaries over and above the usual support approved by the Session and/or for the special needs of mission projects as these needs become known through missionaries, visitors to mission projects, church publications or other channels of information to the church.Should the First Presbyterian Church request withdrawal of accumulated income, then such withdrawal shall be made according to the rules of the Foundation then in effect. Any written requests for withdrawal must be received by the Foundation at least ten business day prior to the periodic valuation deadline of March 31, June 30, September 30, or December 31, in each year.