Our Museum Board, our city council, and our Museum Advisory
Committee are looking into setting up a trust fund for our Museum.
We looked into the different
possibilities such as reserve funds, trust funds, etc..
Our decision was trust funds as there would be
more control over the fate of donations with future councils, boards,
etc..
The Board is now looking to write the draft. Do any of
you have examples of your museum's trust fund policy? Any good examples or
examples where the control was lost? Any suggestions on how to
proceed?
Many thanks,
Seline Herz-Fischler
Programme Manager
Cumberland Heritage Village Museum