Trustees of Trust Funds

Hampton, New Hampshire

Lane Memorial Library Trust Funds

First Established:  1933

Donors:  Lydia Lane (1933), Ida Lane (1936), Sadie Belle Lane (1966), and Howard G. Lane Charitable Trust (1966)

Purpose: To provide income to the Lane Memorial Library into perpetuity.

2016 Year-end Balances:  Principal $11,023.  Income $80. (All four trust funds).
                                      Market Value: $11,974.

Investment Policy: Invest in moderately conservative mutual funds.

Current Investment:  Common Trust Fund (Income) Portfolio.

Income Distributions:  Income provided annually to the Library Trustees.

Principal Distributions:  None. Capital gains are added to principal to offset inflation.

Library RSAs: Click here for the RSAs relating to libraries.

Library Web Site: Click here to go to the Lane Memorial Library Web Site