[Oe List ...] Order Funds

[Jann Barr]

If any of you are interested. As one who could not decide what to do
with my part of the funds and one of the people near 65, I  left my
share in the Rabbi Trust. When I turned 65,  Istarted to be paid
$211.39 monthly. That was in 1994. I still received that amount. There
was about $37,000 in my fund when I started to draw.

Peace,
Jann Barr

On 8/10/11, Paula Philbrook <paula.philbrook at gmail.com> wrote:
> from 1984 to 1988, we did quite a lot of research on the funds and their
> history including the due to and from EI.
>
> Three recollections:
>
> first) the accumulating period for the funds was as Jack said prior to the
> move to 4750 and the turn to the world.  (I also think, it was related to
> Fung Shei, because the 4750 property has a sunken propersity corner.)  The
> permeators from early 60's to early 70's earned the cash and it was in the
> bank.
>
> second) the loans were made from OE to EI for intentional missional
> strategic moves- like the launch of our work in the Latin America with
> 6 areal offices all at one time, the opening of India's Religious Houses,
> etc.
>
> third) 1984  Maybe that was the second turn: to Diaspora?
> The decision  to mortgage the 4750 property was in order to *pay* the *Order
> * back and launch the next 20 years.
>
>    - All the ICA/EI debt to outside vendors, all equipment leases,
>    everything Ike Powell and Mike Shaw & others worked very hard to find it
> all
>    & pay it all off.
>    - then each PRIMARY unit was given some cash to launch their new phase,
>    - the remainder of the funds became the principle for the Corporate
>    Annuity Trust.
>
> The Trust, however, was established in the name of E.I. based on  the legal
> advice of Sidley and Austin.  So the OE then contributed the funds to the
> Ecumenical Institute for the purpose of establishing the particular vehicle
> is called a Rabbi Trust.
>
> --
> Paula
>
> *Gratitude unlocks the fullness of life. It turns what we have into enough,
> and more. It turns denial into acceptance, chaos to order, confusion to
> clarity. It can turn a meal into a feast, a house into a home, a stranger
> into a friend. Gratitude makes sense of our past, brings peace for today,
> and creates a vision for tomorrow*.
> *Melody* Beattie
>


-- 
Jann Barr, Scheduler
Live Oak Friends Meeting
ph: 832 863 8705