Endowment Care Fund definition

Endowment Care Fund means the trust fund established by the cemetery for the purpose of care and maintenance of the cemetery grounds and improvements thereon.
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Endowment Care Fund means a fund created pursuant to 16
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Endowment Care Fund means that legal entity formed pursuant to applicable California Regulation which holds cash and cash equivalents and marketable securities which are segregated and maintained by Seller as reflected in the Books and Records, and as required by California law to provide for the continuing care and maintenance of the Cemetery.
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Examples of Endowment Care Fund in a sentence

  • Once deposits are made into the Endowment Care Fund, they can never be withdrawn or refunded to contributors.

  • Given that the District’s Endowment Care Fund cannot be spent it would be prudent to increase the maturities for in excess of five years.

  • The District reports its financial activities using two major governmental funds: General Fund – the District’s major operation fund that accounts for all the agency’s financial activities. Endowment Care Fund – a legislatively mandated fund that accounts for maintenance activities of District facilities.

  • The District showed $760,972 in its Endowment Care Fund at the time the financial audit was performed.

  • California law requires public cemetery districts to maintain an Endowment Care Fund and to collect an endowment care contribution for every interment right sold in a public district cemetery.26 The purpose of the Endowment Care Fund is to create a fund, the principal of which may never be used for any purpose, but which generates interest income which is then used for the perpetual care and maintenance of district cemeteries.

  • Endowment Care Fund – The Endowment Care Fund is a special revenue fund used to account for the endowment care revenues and expenditures.

  • Unrealized capital gains and losses, if any, shall be recorded as an adjustment to the fair market value of the Endowment Care Fund.

  • The Endowment Care Fund balance increased by $29,056 from FY 2016-17 to FY 2017-1821.

  • All or part of the Care fee may be deposited in the Endowment Care Fund as determined from time to time by Management.

  • A statement of the amount deposited to the Endowment Care Fund, type of investment made or to be made and the proposed rate of contribution for the future.

Related to Endowment Care Fund

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Endowment means the Tobacco Indemnification and Community Revitalization Endowment

  • Hospice patient s family" means a hospice patient's immediate family members, including a spouse, brother, sister, child, or parent, and any other relative or individual who has significant personal ties to the patient and who is designated as a member of the patient's family by mutual agreement of the patient, the relative or individual, and the patient's interdisciplinary team.

  • Infrastructure fund means the renewable fuel infrastructure fund created in section 159A.16.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Hospice means a public agency or private organization licensed pursuant to Chapter 400, Florida Statutes, to provide Hospice services. Such licensed entity must be principally engaged in providing pain relief, symptom management, and supportive services to terminally ill Members and their families.

  • Program fund means the program fund created under Section 53B-8a-107,

  • Graduate medical education and disproportionate share fund or “GME/DSH fund” means a reimbursement fund developed as an adjunct reimbursement methodology to directly reimburse qualifying hospitals for the direct and indirect costs associated with the operation of graduate medical education programs and the costs associated with the treatment of a disproportionate share of poor, indigent, nonreimbursed or nominally reimbursed patients for inpatient services.

  • Provident Fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Hospital pharmacy means a pharmacy providing pharmaceutical care to

  • Nursing home-type patients means a patient who has been in hospital more than 35 days, no longer requires acute hospital care, cannot live independently at home or be looked after at home, and either cannot be placed in a nursing home or a nursing home place is not available.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Health care institution means any facility as defined in

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Eligible postsecondary institution means an institution as defined in Iowa Code section 261C.3.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.