Historical information
The President's Fund was created in 1932 by a donation from Legatee Walter W Berry from his late father's estate "to help temporarily embarrassed Melbourne Legatees" towards the end of The Great Depression.
The aim of the fund was the give the President a way to help needy cases with discretion and without having to gain approval from committees. In many cases the money was repaid by the recipient.
This sheet of accounts was compiled in 1986 to show the income and expenditure over the previous 15 years. Donations continued to come from the Berry Fund and also from the Over 70s Legatees. The over 70s was a group of legatees that met up socially and after their annual meeting they forwarded a cheque to Legacy. Also appears to be donations from legatee Dono Joynt.
The expenditure is marked as ANON to protect the identity of the recipients and amounted to $7,600 over the 15 years.
The note mentions some of the amounts are estimates.
This document was in a folder labelled President's Fund Origin and Authorisation with many other documents that included correspondence, receipts of donations and material about when money was given to help appropriate cases.
The folder was marked with H40 which is part of an early archive project from the late 1960s and early 1970s.
Significance
The Presidents Fund was a significant help to legatees and junior legatees who were unable to obtain help from other sources.
Physical description
White lined paper with hand written columns of income and expenditure and a note that accompanied the account.
Inscriptions & markings
Handwritten figures in blue ink.
