Establish a Special Grant

Most of the funds in the Greater Seymour Trust Fund were established not only to honor special people, but also to serve a specific need which is or was close to the heart of those whose name it honors.  A contribution of $10,000 or more allows the establishment of a separate fund for your specific purpose.

The Greater Seymour Trust Fund is a private foundation which makes distributions to recipients who have a 501(c)(3) designation. JCBank acts as Trustee for the Greater Seymour Trust Fund and the Fund is directed by a Board of Managers. The current Trustee's fee for the fund is 1.25% on the current market value of the fund. The Trust makes distributions based on total return as approved annually by the Board of Managers.

Consider the Following When Establishing a Special Grant

  • What would you like the Name of the Fund to be?
  • What is to be the Purpose of the Fund? (Do not define your intended use of funds too narrowly as this may cause the funds not to be granted).
  • Are there available funds sufficient to carry out the mission of the fund?
  • Guidelines may be established by Grantor and upon review accepted by the Trustee.
  • If Scholarship Fund,
    • Who is to be considered an eligible student?
    • Will scholarship be for tuition only, or include an amount for other expenses?
    • Will ongoing GPA be required?
    • Will scholarship for subsequent years be made?
    • Will number of scholarships be limited to one participant a year?
    • Scholarships are made payable to the student and the student's school.
  • Possible criteria for scholarship eligibility:
    • Financial Need
    • High School/College GPA
    • Community Service
    • School Activities

Contact the Greater Seymour Trust Fund

For additional information regarding establishing a trust fund with the Greater Seymour Trust Fund please contact:

Brandon Hunsley, CTFA
AVP, Wealth Management Officer
Phone  - 812.524.4411 
Email - This email address is being protected from spambots. You need JavaScript enabled to view it.