Madison, WI Header
File #: 75274    Version: 1 Name: Olin Trust Fund Reporting
Type: Communication Status: Held in Commission
File created: 12/23/2022 In control: BOARD OF PARK COMMISSIONERS
On agenda: Final action:
Enactment date: Enactment #:
Title: Olin Trust Fund Reporting
Attachments: 1. Olin Trust Fund Beautification Reporting 2022.pdf, 2. 2022-2023 BPC Report for Olin Trust.pdf

Title

Olin Trust Fund Reporting

 

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The John M. Olin Trust was established in 1924 for use by the City of Madison for improving, beautifying and adorning park spaces.  The Board of Park Commissioners reviews and approves plans for projects that have been completed annually and that are planned the following year.  In addition, the Board of Park Commissioners reviews and approves the request for annual disbursement funds from the Olin Trust.  Investing these funds in the parks not only improves the park system, but also highlights the importance of philanthropy in our community.