Re: HOMESTEAD: Trusteeship Trusts: can someone provide more info?

[Deborah Groban Olson <dgo@esoplaw.com>]

Alan:

        It did not come from me and I do not know its source. I hope someone 
out there can help us.
Deb
At 02:16 AM 9/27/01 -0400, you wrote:
>Deb Olson and I pulled the information quoted below out of the Homestead 
>discussion and used it in our paper on new ideas for spreading ownership, but 
>we don't remember the source of it.  Can someone who knows about this provide 
>us with more information, ideally a citation for something published on the 
>idea?  Thanks.  --Alan Zundel
>
>"Terry Mollner of the Calvert Social Investment Fund proposed Trusteeship 
>Trusts, similar in concept to Ackerman and Alstott’s “grubstake” idea, 
>but 
>not dependent upon the federal government.  State and local governments, 
>non-profit organizations, banks, philanthropists, professional/civic 
>organizations and/or community groups could set up a program for any 
>community (however defined); all that would be required would be some seed 
>money, including some entity (perhaps state/local government) to guarantee a 
>seed loan if necessary.  Mollner believed such a program would eventually be 
>self-financing with initial recipients paying back their stake at death."