Benjamin Rose Trust

The grants are made according to the trust agreement dated july 25, 1933. The trustee makes distributions to the Benjamin Rose institute for the continuing financial support in its purpose to provide relief and assistance to needy elderly persons. Under the Ohio institutional trust funds act of 1999, the Benjamin Rose institute has chosen to receive the maximum of income based on the greater of 5% of afv or traditional income. The trustee maintains a responsiveness to the needs and activities of the beneficiary organization in the attainment of its mission. Please note that the Benjamin Rose institute has authority to direct and approve investments, the trustee has the authority to amend the document to ensure the continuation to qualify as a 501(c)(3) organization.