Financial Transparency

It is the goal of the Board of Trustees of the Elsie K Nelson Irrevocable Trust Earnest Endeavors to provide complete transparency with regard to the financial 

accounts and transactions relating to the trust. Please click on the link below to access account information relating to the trust.  

It is the desire of the Board of the Elsie K Nelson Trust for the Benefit of Earnest Endeavors (the Trust) to provide grants to her family to pursue a specific endeavor. The money to fund these grants will come from the investments of the Trust, which should be invested as follows:

• One year of estimated expenses should be kept in a cash/money market account. These funds should be held in a separate account from other investments.  
• Funds held beyond the one year of anticipated expenses will be invested in a balanced allocation (60% Stock/40% Bond). 
• The Board does not make individual investment decisions but utilizes an investment manager.
• Funds are expected to be invested in an Electronically Traded Funds (ETF)  based managed portfolio. We expect the investment manager elected by the Board will make day-to-day investment decisions. The investment manager is responsible to monitor the balanced allocation. If the allocation varies by more than 5%, it is expected that the funds will be re-balanced to the agreed upon allocation. 
• The investment manager shall provide monthly statements and quarterly performance reporting of the investment account as well as annual reviews. 
• To insure the Trust continues to benefit future generations, the Trust will distribute from investments an amount up to the prior five-year average investment return, less the consumer price index (CPI).