George Daily Charitable Trust

“Grant selection committee: madonna bowie - mccf board member, diane crookham-johnson - attorney from community, edd elder - mayor of fremont & mccf board member, bob lynn - retired business person, gary rozenboom, janet reese, michael schrock - oskaloosa city manager, russ reiter - superintendent oskaloosa schools. These members meet quarterly to review grant applications received and make recommendations to the trustees on grant to be made to the community which meet the mission per the organization document of the george daily charitable trust. Although this committee does not have final voting rights, minutes of their meetings are kept and their recommendations are usually followed without exception.”

“Entire copy of form 990 was provided and reviewed by each trustee. Form 990 was also reviewed by administrative staff.”

“Total compensation for the trustees is based on .4% of the value of the trust assets at year end. This formula was set by the local courts in the first year (1989) of the trust's existence. The formula is less than the amount allowed under iowa trust law. Each year the court appoints a guardian to review the records and calculate the fee. Then a court hearing is set for trust report approval.”

“Total compensation for the trustees is based on .4% of the value of the trust assets at year end. This formula was set by the local courts in the first year (1989) of the trust's existence. The formula is less than the amount allowed under iowa trust law. Each year the court appoints a guardian to review the records and calculate the fee. Then a court hearing is set”

“Teammahaska.org website provides links to the george daily trust which describes grant application guidelines and the mission of the organization.”

“It is our purpose to utilize the george daily family trust resources as follows: a. To develop leadership for the benefit of the community; b. To create initiative for projects to benefit the community.”