Of the Trustees of the Parochial Fund of the Protestant Episcopal Church in the Diocese of New York The Trustees of the Parochial Fund respectfully report that during the year 1914-1915 they have held three meetings of the Board. The receipts from investments at their disposal have enabled them to continue the stipends heretofore given to the beneficiaries of the Fund, all of whom are active clergymen of the Diocese, and are, from their parishes, or missions, receiving a stipend under $600.00 per annum. In addition to the annual appropriation made by the Board of Trustees of the Parochial Fund to its own beneficiaries, at the request of the Board of Managers of the Diocesan Missionary and Church Extension Socitey, $1,200.00 was appropriated from the income of the Parochial Fund to meet that Board's requirements for adequate clerical support. A Discretionary Fund of $500.00 was appropriated to the Bishop of New York for the assistance of such clergymen as would otherwise be deprived of needed recuperation. The Board has dispensed the income from the several trusts committed to its care, but regrets to place on record that for more than fifteen years past the fund has received no additional income of funds to add to its principal account. The Annual Report of the Treasurer is herewith appended. TRUSTEES OF THE PAROCHIAL FUND OF THE PROTESTANT EPISCOPAL BALANCE SHEET, OCTOBER 1, 1915 Assets Cash: On deposit with United States Trust Company of New Securities: In vaults of the United States Safe Deposit Company $ 4,858 38 92,340 00 $97,198 38 $93,041 81 4 66 4 66 $4,167 02 10 45 4,156 57 $97,198 38 THOS. B. DEAN, Certified Public Accountant. E. & O. E., New York, October 30, 1915. New York, October 30, 1915. GEORGE A. CROCKER, JR., St. Philip's Church, New York New York Investors' Corporation: each Share of Wilson Mortgage, $19,000 00..... $8,000 00 Christ Church, Patterson, New York City of New York: Total Securities $500 00 584 63 $92,340 00 INCOME ACCOUNT FOR THE YEAR ENDED OCTOBER 1, 1915 ance, Graham Fund 420 48 |