Evening Republican, Volume 21, Number 251, Rensselaer, Jasper County, 7 November 1917 — Church Pension Fund Success. [ARTICLE]

Church Pension Fund Success.

Final returns sent to J. P. Morgan, treasurer of the $5,000,000 pension fund for the support of retired Episcopal clergymen, show that the fund was oversubscribed nearly 75 per cent, total subscriptions amounting to SB,712,000. Of this $5,164,555 has already been paid. The church pension fund Is the JargesfoftTieklndever raised, and; next to the Red Cross hundred million dollar fund, the largest charitable fund ever gathered In America for any one purpose. It took just a year to do it. While $5,000,000 was the goal originally set, Lt was announced from time to time that an oversubscription was desired in order to give the fund the soundest backing possible.