Wednesday, December 16, 2009

MTO mission

At full membership, the MTO has the energy and resources of 24 adults working in concert to accomplish the Trust mission. The mission of an MTO is twofold: 1) to preserve wealth for future generations, and 2) to educate the current generation so that they will be better able to create and preserve wealth for future generations. In keeping with the Trust's definition of wealth; priority is given to providing the current generation with zero interest educational loans. This is an example of using material wealth (finances) to advance intellectual wealth (education). By doing this, the Trust accomplishes it's mission. A well-educated current generation will be more able to accrue assets for the Trust. Of course, in meeting mission objectives, the Board of Trustees has some latitude. For example, the Board of Trustees may decide to use Trust funds to buy a single-family home near a college, and use it to provide students with affordable housing.

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