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Wednesday 8 February 2012
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ABOUT THE TRUSTThe Trust was formed out of a discussion between two Vietnam veterans who concluded that the offspring of veterans were their legacy and the countries future. They agreed it was appropriate to establish a special fund to recognize that and assist them in helping to realize their potential.The Trust was incorporated under the Charitable Trusts Act 1957 on 15 December 1993 (AK/614218). There are six trustees; three being Vietnam veterans, one the spouse of a Vietnam veteran, one the child of a Vietnam veteran and the sixth trustee the nominee of the investment trustee (currently the New Zealand Guardian Trust Co. Ltd). Donations are credited to the funds capital account with the return on investments available for distribution by way of grants. Since 1993 the trustees have approved a wide range of grants covering the whole spectrum of youth endeavor. In 2004 the name of the Trust was amended to recognize the work of the late Neville Alan Wallace, Vietnam veteran and a Past President of EVSA, as the Trust's Settlor.
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