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HomeMy WebLinkAboutGM Lauridsen TrustDoug Holst Secaetary (360) 452 Dan Diguilio Mayor City of Port Angeles Port Angeles, WA 98362 M RIDSEN CHARITY TRUST FUND January 13,2010 635 Georgiana St. Port Angeles, WA 98362 e\'l gat $9 1 1,1$\$ \!.s ".t"*Qos G 9\ RE: G. M, Lauridsen Charity Trust Fund g$l Dear Dan, Congratulations on becoming our Mayor- For many years the Mayor of Port Angeles has sat on the Board of Trustees of the G. M. Lauridsen bharity Trust Fund. This letter will give you some background regarding the Trust. Enclosed are: A brief history of Gregers Marius Lauridsen and the Trust Copy of the Last Will and Testament establishing the Trust July 31, 2009 Annual Financial Report Copy of December 23,2009 Meeting Agenda and Minutes Trustees are established under the will by the offlce or position they hold. The cunent Trustees are. James Harvey, Chairman, First Federal Director (retired) Ken Williams, Vice-Chairman, Superior Court Judge Jo Ann Olson, Pastor of United Methodist Church Gail Wheatley, Priest of St. Andrew's Episcopal Church Mayor of Port Angeles (vacant) The fve member Board meets once a month, usually on the fourth wednesday of the month at 4 pm. Meetings last one hour or less and take place in the pasto/s office at the united Methodist Church. The next Board meeting will be on Wednesday January 27 at 4 pm. Trustees are compensated $35 for each meeting attended. The sole mission of the Trust is to assist needy widows in Clallam County. The Trust provides an important and much appreciated seMce to the community. Trustees find their service to be worthwhile and rewarding. I act as the Secretary and present applications to the Board, prepare the meeting agendas and minutes and maintain the financial and other records of the Trust. The Trusts primary source of income is rent from the Lauridsen Building on Second and Lincoln in which Peak's Pub and Fitness West are tenants. Please contact any of the Trustees or me if you have any questions. I am sure that any one of the previous Mayors will also be happy to discuss their experience as Trustees, I will call you prior to the January 27 meeting J*-t