NUFFIELD TRUST
MEETING OF BOARD DISTRIBUTION OF FUNDS (Per United Press Association) WELLINGTON, Aug. 12. The Nuffield Trust Fund stands at £67,673, the amount being invested in New Zealand Government securities, local body securities and first mortgage. This is shown in the balance sheet for the year ended March 31. which was presented at a meeting of the Nuffield Trust Board, over which the chairman (Sir Michael Myers), presided. The income and expenditure account, after providing for a grant, of £2OOO to the New Zealand Crippled Children's Society, disclosed a net oroflt of £9B, which is transferred to the accumulated fund. . - , The payment of £2OOO to the Crippled Children Society was authorised, which sum will be distributed among the 17 branches of that society throughout the Domihion. The general and administration expenses for the year amounted to the small sum of £.l 13s 4d.
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Otago Daily Times, Issue 23886, 14 August 1939, Page 10
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144NUFFIELD TRUST Otago Daily Times, Issue 23886, 14 August 1939, Page 10
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