Description
The Educational Trust Fund
Several years ago the Squadron created a Florida trust with funds provided by member donors; SPSS is the sole beneficiary of that trust. Six Trustees are appointed by SPSS for three-year terms to protect the assets of the Trust. The Squadron’s Commander and Treasurer also sit on the Board of the Trust. Money in the trust is used exclusively to fund the broad educational goals of the Squadron. In 2018 the Trust supported the long overdue renovation of the Squadron’s headquarters. The Trust will also support innovative teaching and classroom opportunities as they arise. It is professionally managed by Cumberland Advisors.
