Purpose Fund definition

Purpose Fund means a fund or funds established by the Trustee at any time, to which Donors may contribute, which makes grants for specified Purposes;
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Examples of Purpose Fund in a sentence

  • A Special Purpose Fund (the “SPF”) shall be established and shall comprise of, together, the ARP and the ROF.

  • If FY 2018-19 General Purpose Fund unrestricted local tax revenues, as forecast in the Third Quarter Revenue & Expenditure Report, exceed the General Purpose Fund unrestricted local tax revenues for FY 2018-19 as approved in the FY 2017-19 Adopted Policy Budget by 4.5% or more, bargaining unit members shall receive an additional 1.0% wage increase effective retroactive to the first pay period after January 1, 2019.

  • This payment shall be comprised of the FY 2014-15 General Purpose Fund (GPF) available undesignated fund balance based on audited financials.

  • For purposes of these calculations, unrestricted General Purpose Fund local tax revenues will be limited to ongoing revenues including: property taxes, sales taxes, business license taxes, utility user taxes, real estate transfer taxes, transient occupancy taxes, and parking taxes.

  • The program applies to contributions made by any third party to the IETF Endowment or to any Special Purpose Fund created by the IETF.

  • Matching Funds payments made in connection with contributions to a Special Purpose Fund may be managed either as contributions to the IETF Endowment or as contributions to that Special Purpose Fund, at the discretion of IETF LLC.

  • This payment shall be comprised of the Fiscal Year 2014-2015 General Purpose Fund (GPF) available undesignated fund balance based on audited financials.

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  • For example, if there were a decline in Opcap Run-Rate Revenues between such dates of 15% (exclusive of the first $3.0 million of such decline attributable to the termination and sale of the Dual Purpose Fund), then the number of shares of New TAG Preferred into which a share of Opgroup Class A Common Stock and Opgroup Class B Common Stock would convert would be reduced by 3.75% (that is, 0.75(15% - 10%)) to 2.459019 shares of New TAG Preferred.

  • Commencing immediately after the issuance of the first Series of Bonds pursuant to this Indenture, the Authority shall deposit all Revenues upon receipt, and may deposit amounts from any available source, including transfers from the General Purpose Fund, if any, in the Revenue Fund.