A Brighter Day Begins with His Word.

John McClintock & James Strong • SECTION 1380

Section 1380

← McClintock & Strong Cyclopaedia — Volume 8

(•-•-'< i. the Van r.ensehoten Fund ($20,3 13.57), the

Smock Fund ($500), the Mandeville Fund ($2000), and

the Yoorhees Fund ($:»6. ). which are held by the

trustees of Rutgers ( lollege, and the interest of which is paid out to beneficiaries of this board, it holds twenty- live scholarships, ranging from $1700 to 810.000, mak- ing in all a capital of over $120,000, besides the annual Church collections and private donations, amounting in 1877 7s to $11,299.74 all for the education of young men for the ministry. It also holds certain trust funds for Hope College, and receiver moneys for parochial

scl Is which are under its care. The total income for

the year ending dune 1, 1878, was $33,508, and the to- tal number of young men under its care for the same period was eighty-three.

About one third ofthe present ministry oftbe Church have been aided by this board in their studies for the sacred office, lis beneficiaries are not confined to any particular literary institution, but must study theology in one ofthe seminaries of the Reformed Church.

7. The Board of Publication was organized in 1865 by authority of the General Synod. It consists of twelve ministers anil twelve laymen, one third of whom are elected annually by the Synod. To it are " intrust-

ed, with such directions as may from time to time be given by the General Synod, the superintendence of all the publications of the Reformed Church, and the circu- lation of such works pertaining to the history, govi ro- dent, doctrines, and religious literature of said Church and of other evangelical denominations as shall be properly approved." It has a corresponding secre- tary and general agent, and a depository located in the city of New York. Its printing and binding are done by contract. It publishes a semi-montbly news- paper called the Sower and Gospel Field, which is the accredited organ of all the boards of the Church. The catalogue of its books and tracts, for denomination- al and general uses, is large, and constantly receiving new additions. Sales are made at a moderate profit Gratuitous distributions and liberal discounts are made to weak churches, poor Sunday-schools and for mis- sionary purposes. During the civil war in the United States, it sent forth large gratuitous supplies into the armies of the Union; and since the cessation of hostili- ties it has done a good and large work of benevolent circulation in the South, particularly among the freed- men. In India it has published the Heidelberg Cate- chism in Tamil during the year ending June. 1870; and a supply of its elenu m an books for Sabbath-school and general instruction has been asked for and sent to Japan for use in the government schools under the care ofthe missionaries oftbe Reformed Church. The total asa ts of the board, June 1, 1878, were reported to the Synod as $12,343.64. Receipts for the year. $9,102.39.

8. The Widows' Fund, or Relief Fund, for disabled ministers and the widows and orphaned children of de- ceased ministers, was organized in 1837. Its benefits are limited to subscribing ministers who may pay $20 in full, or £10 or $5 annually, and who shall receive, pro rata, the annuities which may be due upon personal disability, or, at their own decease, by their families. Congregations are urged to secure an interest in the fund for their pastors by making the requisite contribu- tion yearly. The funds, which are intrusted to the Board of Direction of Corporation, are invested in bonds and mortgages and in government bonds. One half of the annual payments by ministers, and donations, when specially directed by the donor, are considered income; the other half of the annual payments by ministers, all other donations, and church collections, are considered as principal, and the interest thereof only is used as in- come. The maximum amount to be paid to parties interested in the fund are: to a minister disabled by sickness or age. $200 per year; to a minister's widow, $200; to children of clergymen, both of whose parents are deceased. $75 per year each until they are sixteen years of age. Other provisions regulate minor pay- ments. The amount of each annuity is of course de- pendent ujion the number of annuitants, and may vary yearly. The maximum may be increased when the state of the fund shall warrant it. The amount of this fund June 1. 1878, was $49,307.99; and the sum paid to an- nuitants during the previous year was $2,259.99.

9. The Disabh il MinisU rs' Fund, which reaches a class

who cannot avail themselves of the Widows', or Relief, Fund, was organized in 1855, under the title of the Sus- tentation Fund. It is also in trust of the Board of Direction of Corporation. Its moneys are to he kept invested, and to be "used for the support of disabled ministers and the families of deceased ministers, irlnn sue/, may I" in need." Applications for aid are made through and recommended by the classes to which the

applicants belong. Contributions which are donated Specifically for principal are so n-ci! ; all other contribu- tions go to the yearly disbursements, and any surplus ( liat remains i^ carried to principal and placed at inter- est upon first-class securities. Aged and infirm ministers are thus assisted, and .also the needs families of deceased clergymen. The amount of this fund reported June 1, 1878, was $19,61 L85, of which $1 1,222 was appropriated to its beneficiaries.

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