The Michigan State Horticultural Society (MSHS) established a perpetual Trust Fund in 1984. The purpose of the Trust is to support science and education in horticulture. The Trust promotes excellence in public and private horticultural research, education and extension by supporting:
Three Society members are appointed to serve as trustees by the MSHS Executive Board. One Board member is appointed to serve as liaison. The Trust Committee manages the Society Trust Fund under guidelines stated in the Trust Fund Declaration.
The Trustees are responsible for investing the Fund in a prudent manner. Consultation with the Society's Executive Board is required for investments other than in normal securities.
The Trust Committee solicits contributions to the Trust Fund and releases such sums as may be necessary to fund the educational and scientific projects authorized to be funded by the MSHS Board of Directors.
The full history can be seen here.