First Congregational UCC—Splitt Building Maintenance Fund
This is an endowment fund that supports the maintenance of First Congregational’s buildings and equipment.
This fund is established to provide permanent support for building maintenance needs at First Congregational United Church of Christ—Appleton.
Amounts Available for Distribution
Each year, the Foundation shall make a certain portion of the fund assets available for distribution. The amount available for distribution shall be determined in accordance with standard spending policy then in effect for the Foundation’s permanent endowment funds. At this time, the Foundation’s standard spending policy is five percent (5%) of the value of the fund assets averaged over up to three calendar years. The Foundation’s Board of Directors, acting in its sole discretion, may authorize distributions in excess of standard spending policy as it may deem appropriate.
Community Foundation for the Fox Valley Region