There is hereby established an account in the General Trust Fund which shall be funded through a dedication by rider designated as the "Verona Children's Fund" (hereinafter referred to as the "Children's Fund"). Private donations shall be considered the funds from which the Children's Fund may, as directed by the Fund Coordinator with approval from the Fund Committee, be utilized exclusively for the following purposes list in §
180-2.
The purpose of the Children's Fund shall be to assist children
of Verona families in need of support as a result of serious illness,
unemployment, homelessness, domestic violence, death or divorce. The
Children's Fund shall allow children to benefit from stability
while their parents, legal guardians or guardians as appropriate are
overcoming adversity. The Children's Fund may also be used to
support seriously injured or ill children whose family is in financial
distress because of a child's medical condition. The Children's
Fund shall aid children who are at risk due to their family situation.
It shall provide for a healthy and safe environment and positive socialization
with peers by subsidizing recreational programs, school functions,
public pool memberships, meal assistance, holiday assistance, medical
care and like uses.
The Children's Fund shall be funded entirely through private
donations. The Children's Fund shall also be permitted to accept
testamentary bequests, any other nonmonetary donations, and such supplementary
funding as the Fund Committee may, in their sole discretion, to authorize
and appropriate-subject to oversight by the Chief Financial Officer
and to be audited by the Township Auditor. Nonmonetary donations shall
be received, inventoried and disbursed in accordance with the policies
set by the Fund Committee pursuant to this chapter. Any and all interest
accruing with respect to the Children's Fund shall be credited
to the Children's Fund.
The Children's Fund Coordinator shall be the Director of
the Department of Community Services. The Fund Coordinator shall file,
catalogue, and distribute all requests for assistance to other Fund
Committee meetings. Private donations shall be processed through the
Finance Department.