North Carolina Schools Prize Fund
Warren Wilson College
Restricción de fondos
Income to be used for College students who pass an examination on the English Bible, with the prizes to be fifty percent (50%) of income, thirty percent (30%) of income, and twenty percent (20%) of income. Further, Petitioner [Board of National Missions of the Presbyterian Church (U.S.A.)] may utilize a gradual spend-down of accumulated income so that the winners the first year do not share a percentage of a huge amount compared to winners the following year.