Fund, Grand Masters
A fund over which the Grand Master of the United Grand Lodge of England exercises exclusive control. It originated with a sum of 2,730 subscribed by the Craft in 1870, when the Earl of Zetland retired from the Grand Mastership, and is known as the Zetland Fund.
FUND OF BENEVOLENCE fund established in 1727 by the Grand Lodge of England, and solely devoted to charity. The regulations for its management are as follows: Its distinction and application is directed by the Constitutions to be monthly for which purpose a Board of Benevolenec is holden on the last Wednesday of every month except December, when it is on the third Wednesday. This Lodge consists of all the present and past Grand Officers, all actual Masters of Lodges, and twelve Past Masters.
The Brother presiding is bound strictly to enforce all the regulations of the Craft respecting the distribution of the fund, and must be satisfied, before any petition is read, that all the required formalities have been complied with. To every petition must be added a recommendation, signed in open Lodge by the Master, Wardens, and a majority of the members then present, to which the petitioner does or did belong, or from some other contributing Lodge, certifying that they have known him to have been in reputable or at least tolerable, circurnstances, and that he has been not less than five years a subscribing member to a regular Lodge.
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