Page 287 - Middleborough 2024 Town Report
P. 287
2024 REPORT OF THE TRUSTEES
THOMAS S. PEIRCE
TRUST FUND
Respectfully Submitted,
Robert M. Desrosiers, Trustee
Stephen D. Morris, Trustee
Caroline R. LaCroix, Trustee
The Trustees under the will of Thomas S. Peirce
submit their report
for the year ended December 31, 2024.
FUNDS HELD IN TRUST FOR THE BENEFIT
OF THE TOWN OF MIDDLEBOROUGH
PRINCIPAL ACCOUNT
Stocks and Bonds at Market Value: 12/31/2023 Increase/Decrease in Value $ 613,248.36
Stocks and Bonds at Market Value: 12/31/2024 Cash on Hand: 12/31/24 $ 7,515,108.73
$ 8,128,357.09
$ 23,317.99
____________
Total Value: 12/31/24 $ 8,151,675.08
INCOME ACCOUNT
Dividends $ 241,664.55
Interest $ 0.00
____________
Total Income $ 241,664.55
EXPENSES
Payments to Town $ 306,150.00
Trustee Fees $ 7,500.00
Taxes and Filing Fees $ 5,167.62
Advisory Fees $ 55,645.21
Other Expenses $ 6,747.62
____________
Total Expenses $ 381,210.45
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