These funds result from payments made to the ΒιΆΉΝψ to provide for the perpetual care of cemetery lots. An amount for this purpose is included in the price of each lot sold. Monies received by the Town from this source become part of the principal of the fund and may not be used for any other purpose but to produce income for perpetual care. This income is used by the town for cemetery care under the supervision of the Selectboard. The annual net income from this fund is remitted to the ΒιΆΉΝψ after the close of the fiscal year.
An 1890 gift in trust by Calvin Huntington established the Huntington Cemetery Fund to provide income βto keep in repair the family gravestones of his relations in the town graveyard.β The Bennington Probate Court in 2000 appointed the Selectmen of the ΒιΆΉΝψ as successor trustees to the Huntington Cemetery Trust. The Select Board voted βto turn management of the Huntington Cemetery Fund over to the Trustees of Public Fundsβ at its June 20, 2005, meeting. The Trustees received the Huntington Fund in July 2005. The Huntington Fund principal may not be expended for any purpose. Income from the Huntington Fund may only be used for the stated purpose of the Fund.
The School Fund, derived from any payments or bequests to the ΒιΆΉΝψ School District, provides that the net income from the fund be paid annually to the school district.
All net income is paid annually upon request to the Mary Monroe Hawkins Memorial Library Association to purchase books for the library at the ΒιΆΉΝψ Elementary School.
Land was conveyed to the North Bennington Cemetery Association in 1911 ββ¦for the purpose of purchasing, acquiring and holding real and personal property to be used for and in connection with a cemetery or burial ground in ΒιΆΉΝψ, Vermont; of selling and conveying lots therein; erecting of the necessary structures; soliciting and holding trust funds and making contracts for the perpetual care of burial lots therein, with authority to do all things requisite and proper to accomplish said purpose.β Since assuming responsibility for the cemetery in 2018, the annual net income from this fund is remitted to the ΒιΆΉΝψ after the close of the fiscal year.
In June 1994 the trustees received a check for $10,000 from the estate of Tirzah J. Sweet as an unrestricted bequest to the Mary Monroe Hawkins Memorial Library, located in the ΒιΆΉΝψ Elementary School. Net income is credited to the fund. Monies from this fund are requested and disbursed at the discretion of the Mary Monroe Hawkins Memorial Library Association.
The Health Fund was dissolved in 2022. All investments were transferred to the Recreation Fund, per the Selectboard.
The Selectboard established this fund to function as an endowment providing income for use in supporting recreation projects in the ΒιΆΉΝψ. Prior town recreation saving accounts together with Howard Park contributions were either transferred or deposited into this fund to make up its principal. The annual net income from this fund is remitted to the Town of ΒιΆΉΝψ after the close of the fiscal year for use by the recreation committee.
A 1919 will of Julia E. Mattison, a ΒιΆΉΝψ resident established this fund. The Bennington Probate Court distributed the funds to the Town in a 1926 order following Ms. Mattisonβs death. Fund income provides care, comfort and maintenance of any aged and needful women who are residents of the ΒιΆΉΝψ under the terms of Ms. Mattison's will. The Selectboard determines recipients of assistance from this fund at its discretion.
A generous legacy from a former resident, George W. Hawkins, established this fund in 1976. Net income is credited to the fund. The fund is unrestricted as to use and monies are disbursed at the discretion of the Selectboard. It has been the Selectboardβs policy to maintain a minimum principal of $80,000.
Florence Howard kindly bequeathed half of her estate to the town in 2017. The funds are to be earmarked for any use relating to Howard Park. The funds are invested to protect the principle while net income is reinvested back into the fund. The Selectboard has discretion over the use of the funds as they relate to Howard Park.
