for medical missions work of the United Presbyterian Church in the U.S.A. at the direction of its General Assembly.

To be used for scholarship assistance for needy seminary students who plan to serve the Church in the gospel ministry, with first preference given to students who plan to serve in small towns of under 30,000 population for a period of three years. It is understood that in the even the student recipient does not comply with the terms of the previous sentence, shall return said money to the Foundation with interest. The rate of interest to be that same as what a Certificate of Deposit would earn at the time of the grant/loan is made to the student. This is to be administered by the Foundation and the United Presbyterian Seminary.

for instruments and supplies for rural medical mission work.

Income to the General Assembly of the PC(USA) for overseas mission.

The Foundation shall reinvest the net income of the Fund into principal until the corpus of the Fund reaches $100,000.00, so that such reinvested net income becomes principal. After the corpus of the Fund reaches $100,00.00, the Foundation shall pay the net income therefrom quarterly, after the expiration of each calendar quarter, to the Presbyterian Church (USA), 100 Witherspoon Street, Louisville, Kentucky 40202-1396, to be used for the education of Christian international women leaders, according to the priorities established by the Worldwide Ministries Division, or its successor. The General Assembly Council, or its successor, shall have oversight of the expenditures of said distributions after each distribution is made from the Fund to the Beneficiary.