Poor Trust Funds
First Established: 1871 Click here for summary of documents.
Purpose: To support the worthy poor in Hampton.
2016 Year-end Balances: Principal $598. Income $4. (All three trust funds).
Investment Policy: Invest in conservative instruments.
Current Investment: Common Trust Fund (Income) portfolio.
Income Distributions: Income is distributed annually to the Welfare Officer in Hampton to help the worthy poor.
Principal Distributions: None permitted.