General Assembly of the Presbyterian Church (U.S.A.)

Fund for Records Preservation

Beneficiary location:

Louisville, KY

Account number: 203115058178

Designated Use

Normally, annual income from the Fund shall be used by the Presbyterian Church (U.S.A.) Department of History, or its successors, for the preservation of archival records of the Presbyterian Church, with particular emphasis upon application of new and emerging technologies. The following understandings shall guide the nature of its use: 1. Income from the Fund shall be applied solely upon authorization of the appropriate elected body of oversight for the Department of History or its functional successors; 2. Income from the Fund shall not be equalized; 3. Income from the Fund shall not be used for general operations. Income from the Fund for Records Preservation may be used for special archival projects when such activity relates directly to the collection, preservation or safeguarding of Presbyterian historical records. Should special projects of this nature be authorized from time to time, income from the Fund may be reinvested and allowed to accumulate for that express purpose. Nevertheless, income accumulation under such circumstance shall never exceed a period of five (5) annual budget cycles.