Keeney Trust

ESTABLISHED:
The Keeney Trust was established in 1978 by the will of Virginia Drysdale Keeney in memory of William R. and Mary J. Keeney, Susan Dorothea and Virginia Drysdale Keeney, Susan N. Jones, and Caleb R. and Mary Pancoast Keeney. “Income… to be used for non-recurring expenses such as improvements or alterations to, and acquisition or construction of new buildings (but not regular maintenance) for Friends Meeting House, Friends Homes, Friends Schools and other Friends institutions, including libraries….”

PRINCIPAL:
$460,839 market value 6/12

ANNUAL INCOME:
$16,453 (FY 2012)

PROJECTS:
Improvements, alterations, or construction – not maintenance – of Meetinghouses, Friends Homes, Friends Schools and Libraries.

STEWARDSHIP:
In 2012, care of grants made from the Keeney Fund was transferred to the Meeting House Trusts Granting Group.

In 2016, care of grants made from the Keeney Fund was transferred to the Quaker Buildings and Programs Granting Group.