Presbyterian Church (U.S.A.), A Corporation
Khoen Bik The Memorial Scholarship Fund
Beneficiary location:
Louisville, KY
Account number: 203100057532
Designated Use
To Duta Wacana United Theological College, Yogyakarta, Indonesia…The Duta Wacana United Theological College, Yogyakarta, Indonesia shall use the said income from the fund hereby established to provide scholarships for members of the Gereja Kristen Indonesia-Jawa Tengah (the Central Java Indonesian Christian Church) or its successors. Should the Duta Wacana United Theological College, Yogyakarta, Indonesia be merged or consolidated with any other institution related to the Presbyterian Church (USA), the net income from this gift shall be paid to the said merged institution which shall be entitled to receive all the benefits of this gift and shall be obligated to administer the same in all respects and in accordance with the terms of this agreement. Further, should the Duta Wacana United Theological College, Yogyakarta, Indonesia or its successors cease to exist or cease to be officially connected with the Presbyterian Church (USA), then the said net income from this gift shall be paid to a theological institution in Jakarta, Indonesia related to the Presbyterian Church (USA) which shall be entitled to receive all the benefits of this gift and shall be obligated to administer the same in all respects and in accordance with the terms of this agreement. Should the theological institution in Jakarta, Indonesia related to the Presbyterian Church (USA) be merged or consolidated with any other institution related to the Presbyterian Church (USA), the net income from this gift shall be paid to the said merged institution which shall be entitled to receive all the benefits of this gift and shall be obligated to administer the same in all respects and in accordance with the terms of this agreement. Further, should the theological institution in Jakarta, Indonesia related to the Presbyterian Church (USA) or its successors cease to exist or cease to be officially connected with the Presbyterian Church (USA), then the said net income shall be paid to the General Assembly of the Presbyterian Church (USA), to be used for purposes as similar as possible to the original intent of the Donor.
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