Vol. 35 No.3
       ©2007 Marianas Variety
Tuesday, March 20, 2007 www.mvariety.com
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Peleliu students avail Ngiraingas’ educational trust fund for Awareness Week

By Nazario Rodriguez Jr.
Horizon news staff

The students of Peleliu Elementary School has for the first time has availed the money out of the Education Trust Fund that Governor Jackson Ngiraingas established some 20 years ago.
The trust fund is deposited at the Bank of Hawaii.
A letter to the bank on March 9 signed by Ngiraingas and school principal Ngereblant Arurang noted that both are confirming that the resolution adopted and approved by the donor of the Trust Fund account that PES may withdraw funds from this account to fulfill the needs of students.
The students are currently participating in the 2007 Education Awareness Week.
Ngiraingas said that the Trust Fund was created in 1986 when Ngiraingas decided that all of his incomes as State Legislator for three years from 1986-1988 and as Governor from 1988 to present were put into the "Jackson R. Ngiraingas Peleliu Educational Trust Fund."
"This money is exclusively for the use of the students for whatever activities that may improve their education," Ngiraingas said.
He said that his wife Terry, who is a clerk at the Supreme Court, would also start putting in part of her bimonthly salaries to the trust fund.
Bank record showed that the current account balance for trust fund is over $4,000.