AGENCY: Department of Workforce Services. Office of Rehabilitation. Division of Services for the Blind and Visually Impaired
SERIES: 82591
TITLE: Petersen fund and visually impaired trust fund files
DATES: 1970-2020.
ARRANGEMENT: Alphabetical by subject.
DESCRIPTION: These records provide the documentation for the administration of the Petersen fund, and the Visually Impaired Trust Fund, established to provide support to the blind and visually impaired. The files contain reports and correspondence relative to the administration of the funds.
RETENTION
Retain for 6 year(s) after final action
DISPOSITION
Destroy.
RETENTION AND DISPOSITION AUTHORIZATION
Retention and disposition for this series were specifically approved by the State Records Committee.
APPROVED: 05/1987
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.
Computer data files: Retain in Office for 6 years after final action or until administrative value met, whichever is greater and then delete.
APPRAISAL
Administrative Fiscal Historical
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. However, because of the research value of many of the records, the correspondence and reports will be maintained permanently.
PRIMARY DESIGNATION
Public
SECONDARY DESIGNATION
Private. Utah Code 63G-2-302(2)(d) (2020)