The Abraham Lincoln Presidential Library and Museum Act (20 ILCS 3475/25) authorizes the Board accept, hold, maintain, and administer gifts including the King Hostick Public Trust Fund.The King Hostick Public Trust Fund is used to support the Hostck Fellowship program to encourage research in Agency collections on subjects pertaining to Lincoln and Illinois history and other Library programs such as the acquisition of Lincolniana.In accordance with the Accountability for the Investment of Public Funds Act (30 ILCS 237), records of the investment are posted here.
At the end of March 2018, $2,986,606.77 was held in this trust, decrease of $30,664.37 from the prior month. The asset summary of the fund is:
Cash, Money Funds, and Bank Deposits
Note that changes from month to month will reflect investment experience, cash expenditures from the funds, and transfer of funds to acquire securities. In this monthly period, nothing was expended for programs in accord with bequests to the Agency and this amount is incorporated into the net changes.
Through March 2018, the estimated annual income is $106,799.95.