Fund descriptions

Unrestricted Funds

These funds have a purpose, but use of the money in these funds is NOT restricted to that purpose. The Board of Directors may terminate any of these funds if the purpose is no longer appropriate or useful, and move the fund balance to another fund.

Fund Name Purpose Administrator Investment Income assigned to
General Fund Available for Central Office expenses, as needed Board of Directors General Fund
Gibson Endowment Fund Available for Central Office expenses, as needed Board of Directors General Fund
H.E. Reed Education Fund Available for Central Office expenses, as needed Board of Directors General Fund
Life Membership Fund Consists of the amount paid by all new life members. A percent of money in this fund is annually converted to membership dues Board of Directors General Fund
Glenny Fund To place copies of the Richardson Book into libraries Board of Directors General Fund
Unrestricted Publishing Fund To publish Peter Benson’s Comprehensive Esperanto-English Dictionary (CEED) and Montagu Butler’s Step by Step in Esperanto Board of Directors General Fund
Goldman Educational Fund To provide general financial support for educational needs Jordon Kalilich Goldman Educational Fund

Restricted Funds

These funds have a purpose, but use of the money in these funds IS restricted to that purpose. The Board of Directors may terminate any of these funds if the purpose is no longer appropriate or useful, and move the fund balance to another fund with a generally similar purpose.

Fund Name Purpose Administrator Investment Income assigned to
Restricted Publishing Fund To finance future publishing projects of E-USA Hoss Firooznia Restricted Publishing Fund
NASKE Fund To pay for scholarships to NASKE summer courses for people from all over the world Ellen Eddy NASKE Fund
Educational Video Fund To provide financial support for making educational videos Lee Miller Educational Video Fund
Schulze Education Fund To provide money for certain educational expenses Committee chaired by Derek Roff Schulze Education Fund
CATW Educational Fund To provide money for projects to help children learn Esperanto Charlotte Burton CATW Educational Fund
Wolff Publicity Fund To support mass media or other publicity projects in North America that will reach large numbers of non-Esperantists David Wolff Wolff Publicity Fund
Don Harlow Literatura Fund To help defray the costs of placing Esperanto literature on the web Ben Speakmon Don Harlow Literatura Fund
777 Fund To pay the expenses of the UEA office at the UN. Humphrey Tonkin 777 Fund
Amikeco Translimen Fund To help pay the expenses of foreigners who wish to participate in the annual congress of E-USA Orlando Raola Amikeco Translimen Fund
Festoj Fund (also known as the KTO fund) To help pay the expenses of developing a theater/movie-making project during NASK. Alena Adler, Chuck Mays, and Derek Roff. Festoj Fund

Capital Funds (also known as Interest-Only Funds)

The purpose of these funds is to generate investment income which is assigned to funds in other categories. Money cannot be expended from these funds. These funds do not have an administrator.

Fund Name Investment Income assigned to
John Massey Endowment Fund General Fund
Thomas A Goldman Memorial Endowment Fund Goldman Educational Fund
Ellen Lewis Endowment Fund NASKE Fund
Catherine L. & William H. Schulze Education Endowment Fund Schulze Education Fund
Wolff Endowment Fund Wolff Publicity Fund
Children Around the World Endowment Fund CATW Educational Fund
Publishing Endowment Fund Restricted Publishing Fund