Osborn Estate Board of Trustees
This board meets Annually or as necessary in the Mayor's Conference Room at City Hall
Dagnall, Alberta (resigned 2/20/17)
The Governor Chase S. Osborn Trust Fund Board manages the trust, which primarily includes a review of the audited financials and related information, an investment decision to provide the maximum returns with consideration to security of principal, and distributions to the operational fund from which earnings are spent in accordance with the Trust documents. The Osborn Trust dictates that a specified percentage (85%) of net earnings be spent for public purposes relating to the interpretation, presentation, research, preservation, education, and development of the City’s history and historical heritage. The undistributed earnings shall remain in the Trust.