AGENCY: Board of Education. Office of Education. Services to the Visually Handicapped. Industries for the Blind

SERIES: 80804
TITLE: Petersen fund accounting files
DATES: 1980-1992.
ARRANGEMENT: Chronological.

DESCRIPTION: These are files which account for the maintenance of the Petersen Trust Fund, a trust established to support services to the blind through direct funding. These files include bank statements, receipts, bank reconciliations, and other documentation relating to the Petersen Fund.

RETENTION

DISPOSITION

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 06/1987

FORMAT MANAGEMENT

Paper: Retain in Office for 3 years after funds are expended and then transfer to State Records Center. Retain in State Records Center for 3 years and then destroy.

APPRAISAL

Administrative Fiscal Legal

26 CFR 1.6033-2 indicates that trusts may be treated as a private foundation and that appropriate documentation be maintained. 26 CFR 1.6033-3 indicates a six year retention for records relating to taxable funds. This retention will also allow for audits.

PRIMARY DESIGNATION

Public

---