Program for redistribution of moneys

Act 173 of 1990, § 2, under FRANKLIN INSTITUTE AND COMMONWEALTH FOUNDATIONS - TRAINING.

Act 173 of 1990, § 2

Section 2. Program for redistribution of moneys.

Commonwealth Community Foundations (PA) shall establish a program to redistribute the moneys appropriated in section 1 as permanent endowments for the Commonwealth's community foundations. Funds granted by Commonwealth Community Foundations (PA) shall be used to establish perpetual trust funds within individual community foundations and the income of which shall be used according to the purposes of such community foundations.