Perpetual Care Trust Funds
First Established: 1979
Purpose: To take care of a decedent's grave into perpetuity.
2016 Year-end Balances: Principal $23,153. Income $166. (71 funds).
Investment Policy: Invest in conservative instruments.
Current Investment: Common Trust Fund (Income) portfolio.
Income Distributions: Income is provided to the Town of Hampton annually in January to maintain the 71 graves cited in decedent Perpetual Care Trust Funds.
Principal Distributions: None.