The Town of Barrington is looking for qualified applicants for the Spencer Trust administrator position.
This contract position administers the Spencer Trust through collection and …
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The Town of Barrington is looking for qualified applicants for the Spencer Trust administrator position.
This contract position administers the Spencer Trust through collection and correlation of assistance applications, prepares summaries for review by the Trustees (members of Barrington Town Council), coordinates the delivery of resources, including Home Repair Program loans, to residents in need within Barrington, and promotes assistance by connecting needs with resources.
This is a time-limited position with potential for extension. Application packages are due no later than 11 a.m. on Wednesday, Jan. 11, 2023. Find the position description and scope of work online at www.barrington.ri.gov/247/Employment-and-Internship-Opportunities
For more information contact Teresa Crean at tcrean@barrington.ri.gov.
What is the Spencer Trust?
In Jan. 2005, the trust of Wilton H. Spencer, a Providence native who died in 1935, was distributed to a number of parties, according to the details of a Superior Court settlement.
The town of Barrington received the majority of the money — $2.7 million.
A few of Spencer’s relatives received between $350,000 and $216,000. The town’s money, as was directed by Spencer, will be held in perpetuity as the Amey Tucker Spencer Fund and used to help the “poor and unfortunate” of Barrington.
The $2.7 million can never be drawn against, but interest from the funds is available.