Greater Seymour Trust Fund

**bout the Greater Seymour Trust Fund** The Greater Seymour Trust Fund is the oldest private foundation in Jackson County, Indiana with over $15 million in assets under management. It was established by Elbert S. Welch in 1969 to serve the charitable, cultural, scientific, religious, literary, and educational needs of the community. It receives funds from public-spirited citizens as gifts or bequests to be held by the Trustee, JCBank. Most gifts received are for existing scholarship or grant funds, but funds are being created each year. A diverse Board of Managers of the Trust Fund allocates the money from the Funds for a wide range of public purposes. Its purpose is to assist, encourage and promote the welfare of present and future residents of the community without regard to race, color or creed. The Board of Managers consists of the Mayor of the City of Seymour, four at-large members, and the President/CEO and SVP, Chief Wealth Management Officer of JCBank. The fund has bank management and trust safeguards. Contributions to the trust qualify as charitable contributions which may result in income tax and estate tax savings.