College of Wooster
Clarence W. and Grace Marie Feil Endowment
Beneficiary location:
Wooster, OH
Account number: 103120058943
Designated Use
Reinvest said income back into the principal of said gift until the total principal reaches Two Million Dollars ($2,000,000.00) or until the year 2040 AD whichever first occurs. At such time, the net income therefrom, as such income is received in quarterly payments. Shall be distributed to the College of Wooster, located at Wooster, Ohio 44691. The College of Wooster shall use its proportionate share of the said net income for the enhancement of the general student financial assistance fund for qualified and worthy students. Any income not expended in the year it is earned for the general student financial assistance fund shall be added to the general operating fund.
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