2024-05-08T11:33:06-07:00 2023-12-31 030310172 OBrien Shortle Reynolds & Sabotka PC 54 North Main Street Rutland VT 05701 990 2023-01-01 036005941 Silas L Griffith Trust Trust Company of Vermont Trustee SILA 8022304019 23 Court Street Rutland VT 05701 Christine Diekel Trustee 2024-05-08 true Christine Diekel 999009999 true Alicia Wallett-Cassidy CPA P00106229 8027738344 3 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Christine Diekel 281054 false X N/A X 1903 VT This trust is a support organization for a church, public school and library. The Silas Griffith Trust itself has no program services. The trust was created under the will of Silas Griffith. The primary exempt purpose of the trust is to provide financial support for the church, a subcommittee of the church which provides funds for Christmas gifts and clothing for the needy children of Danby/Mt Tabor, the Danby/Mt Tabor public schools and the Danby Public Library, all of which are 501(C)(3) organizations. Effective July 1, 2021 the trustee, after taking into account the intentions of the settlor of the trust as expressed in the governing instrument, the needs of the beneficiaries, general economic conditions, projected current earnings and appreciation for the trust, and projected inflation and its impact on the trust, have decided to pay out as net income 4% of the fair market value as determined as of December 31 of each year, in equal installments. 1 0 0 0 0 0 40423 87685 466 239 40889 87924 0 0 13619 13075 0 0 88261 80511 101880 93586 -60991 -5662 1051234 1045572 0 1051234 1045572 This trust was created in 1903 by the will of Silas Griffith. The purpose of this trust is to provide financial support to the Danby Congregational Church, including the church subcommittee fund for Christmas gifts and clothing for the needy children of Danby and Mt Tabor, the Silas Griffith Memorial Library, the Mt Tabor School District, and the Danby School District. false false The Silas Griffith Trust itself has no program services. The primary exempt purpose of this trust is to provide financial support for the Congregational Church, a subcommittee of the church which provides funds for Christmas gifts and clothing for needy children of Danby/Mt Tabor, the Danby/Mt Tabor public school, and the Danby Public Library - all of which are 501(c)(3) organizations. These named organizations are provided for from the annual earnings generated by the trust's investments. Effective July 1, 2021 the trustee, after taking into account the intentions of the settlor of the trust as expressed in the governing instrument, the needs of the beneficiaries, general economic conditions, projected current earnings and appreciation of the trust, and projected inflation and its impact on the trust, have decided to pay out as net income 4% of the fair market value as determined as of December 31 of each year, in equal installments. true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false X 1 0 false false false false false false false false false false false true false false false false false false X Trust Company of Vermont 8022304019 23 Court St Rutland VT 05701 Trust Company of Vermont Trustee 1.00 0.00 X 13075 0 0 13075 0 false false false 0 0 0 39471 39471 0 0 0 241344 193130 48214 48214 48214 0 0 0 Miscellaneous 900099 239 239 239 87924 87924 0 0 0 0 13075 13075 0 0 0 0 0 0 0 1890 1890 0 0 0 0 0 0 0 0 0 0 0 0 0 78284 78284 0 0 Foreign Tax Withheld 245 245 Probate and Other Fees 92 92 0 93586 0 93586 0 0 21428 10560 0 0 0 0 0 0 0 0 1029806 1035012 0 0 0 0 1051234 1045572 0 0 X 1051234 1045572 1051234 1045572 1051234 1045572 -5662 X false false false X X X 4 Congregational Church Danby VT 036008663 1 true 15634 0 Church Sbcmttee Fund-Needy Children 036008663 1 true 9661 0 Library Danby VT 036009925 7 true 49847 0 Public Schools DanbyMt Tabor VT 036004024 2 true 3142 0 4 78284 0 true false false false false false false false false false false false false false false true false false X Part IV, Section D, Line 2: Organizaiton Maintained A Relationship with Supported Orgs. The trustee provides an annual accounting to each organization and the probate court. Each supported organization consents to the allowance of the accounting. Form 990, Part VI, Section A, Line 8b The trustee has a fiduciary responsibility for: managing the investments held by the trust, payment of expenses, distributions to beneficiary organizations, and meeting all tax, probate and other filing requirements. All of the trustee duties are governed by the terms of the trust document and state law. There are no meetings or actions to be documented. There are no committees, and accordingly no documentation for meetings or actions of such committees. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed and signed by the trustee. The trustee is governed by the terms of the trust agreement. This trust is a 509(A)(3) supporting organization. Each beneficiary organization named in the trust agreement has the power to enforce the trust agreement and compel an accounting under state law. The trust was in existence on 11/20/70 and the trust has met and continues to meet the requirements of (1.509(A)-4(I)(4)) integral test, transitional rule. Form 990, Part VI, Section C, Line 19 This trust is a 509(A)(3) supporting organization. Each beneficiary (supported organization) named in the trust has been provided with a copy of the trust (governing document). Annually an accounting and income distribution is made to the supported organizations. A copy of Form 990 is available upon request.