FUNDS DESCRIPTION

THE CHARLES H. BOLTE FUND

The Charles H. Bolte Fund comes from a trust left at his death in 1938 by Mr. Bolte, a long-time member of the board of managers of the 23rd Street branch in New York City. NYSEC received 2.5% of the income until the trust expired in 1973, and then took control of 2.5% of the principal. Mr. Bolte's will requires that the fund be used for "the furtherance of religious work in New York."

THE CHARLES F. MACLEAN FUND

The Charles F. MacLean Fund came from the generosity of Mrs. MacLean, who left $150,000 in her will in 1946 in memory of her husband. Mr. MacLean started a career in journalism in 1870, then entered law and politics in New York City. He served as the chairman of the Police Commission of the city, as justice (1889-1909) of the state Supreme Court, and on civic boards in both the city and state. At his death in 1924, Judge MacLean was the oldest member of the State Executive Committee, having served for 41 years and having been vice-chairman under three successive chairmen. Mrs. MacLean's will directed that "the income from the Fund be applied to the furtherance of the work for boys of the Committee."

THE GENERAL FUND

The General Fund is the aggregation of the principal of those donations and bequests over years which did not establish any separate named fund nor establish donor restrictions. Being unrestricted, it allows latitude to the Committee.

THE GEORGE A. HALL FUND

The George A. Hall Fund was recently named. George A. Hall was Senior State Secretary from 1876-1904. Before serving as State Secretary in New York, Mr. Hall was Secretary of the Washington DC YMCA for eight years. During his many years with the New York organization, he significantly expanded the size and reach of the organization.

THE GRACE REID NASH FUND

The Grace Reid Nash Fund is dedicated to providing scholarships for boys to attend resident camps. Mrs. Nash bequeathed $20,000 to the Committee in 1942, initially intending to found a camp for boys, to be named in memory of her husband. However, upon realizing that the dollars were insufficient for that purpose, permission was received to use income from the Fund for camp scholarships. Later efforts by NYSEC to remove the gender restriction were unsuccessful, so it remains carefully observed.

THE MARK RUTKOWSKI SCHOLARSHIP FUND

The Mark Rutkowski Scholarship Fund was created in honor of Mark Rutkowski for his dedicated leadership to the Youth and Government program. Mark retired in March 2016 after the State Conference, leaving a legacy of service, character, and cooperation in the heart of all who worked with him. The fund will help ensure that students across New York State regardless of socioeconomic status have the opportunity to participate in Youth and Government.

(518) 462-8241

©2018 BY NEW YORK STATE YMCA FOUNDATION. PROUDLY CREATED WITH WIX.COM