Obadiah Browns Benevolent Fund

“The review of the tax return was delegated by the board to the Clerk (President), the Treasurer and the Head of the Finance Committee. A copy of the tax return is provided to all Trustees.”

“Available upon Request”

“Form 990, Part III, Line 1 - The governing documents for the organization are a matter of public record. Financial statements are not publicly published. Obadiah Brown's Benevolent Fund was established in accordance with the last will and testament of Obadiah M. Brown dated March 28, 1814, and its codicil dated October 14, 1822. Obadiah Brown was a member of the Religious Society of Friends (Quakers) and his instructions in his will were "To receive and appropriate to benevolent purposes annually, principally for the benefit of our religious society so that it be for the Honour of Trueth, as well as otherwise spreading our religious principles where they are little known". Obadiah M. Brown died on October 15, 1822. In May of 1823, at the request of the original trustees named in Obadiah Brown's will, an act of the Rhode Island General Assembly created a public corporation "The Trustees of the Obadiah Brown Benevolent Fund". As specified in Obadiah Brown's will all trustees are members of the Religious Society of Friends (Quakers). Trustees serve Pro Bono and receive no renumeration or perquisites of any kind. The fund has no employees. Other than its investment assets and checking account the fund has no assets of any kind. The fund has no liabilities. All grants are made in accordance with the terms of the will of Obadiah M. Brown. There ha been no change to the fund's fundamental purpose or activities since its inception in 1823.”