Friends of the U.S. Park Police Horse Mounted Patrol Unit Fund

Final Draft: March 13, 2007


Mr. Vin Cipolla
President & CEO
National Park Foundation
11 Dupont Circle, Suite 600
Washington, D.C. 20036-1224

Dear Mr. Cipolla:

We would like to request that the National Park Foundation establish a
Friends of the U.S. Park Police Horse Mounted Patrol Unit Fund that would be used to supplement resources to help improve horses’ training, performance and well being, which in turn will improve officer and public safety. It is our desire for the fund to be a general operating fund.

Enclosed please a signed copy of the donor mandates that would establish the fund. If you require any additional information, please do not hesitate to contact me at 202-619-7350 or Lt. Stacey Collins at 202-610-3525.

Sincerely,



Chief, U.S. Park Police

Enclosure

bcc:
NCR-Surname/Files
NCR-Eugster/Marshall/Ielmini-Mendelson/Lawler
WASO-Wenk/Jarvi
NPF-Regan


Document for the Establishment of an Fund
with the
National Park Foundation
11 Dupont Circle, Suite 600, Washington DC 20036


Name of Fund: U.S. Pak Police Horse Mounted Patrol
Unit Fund

Name and Address of Creator of Fund: Chief, U.S. Park
Police, 1100 Ohio Drive, SW, Washington, DC 20242

Type of Fund: General Fund: the National Park Foundation (NPF)
reports the fund’s activities on its audited financial statements, manages the investment, and manages disbursements in consultation with the Chief, U.S. Park Police.

Purpose of Fund: Funds will be expended for projects in any or
all of the categories listed below on a request basis.

The fund is intended to provide reliable, significant monies on an annual basis, in perpetuity, to supplement funds appropriated by Congress exclusively to sustain the mounted police, care for the horses and provide education opportunities for the public within the Greater Washington National Parks in the National Capital Region.

Funds may be used:

a) to recruit and coordinate volunteers to help care for and train horses, and assist with clean-up projects and special events.

b) for mounted horse videos, brochures, publications, public information and special events.

c) for maintenance and improvement on existing U.S. Park Police Mounted Horse Patrol Unit lands and facilities including: rebuilding the downtown barn; repairs to Edgewater paddock; fencing; stall remodeling; barn remodeling; fixing drainage problems; employee services; organizational items (i.e. Shelves, bins, etc.); office furniture; computers; computer programs; copiers/ fax machines; new fire extinguishers; large portable waterers/ portable pens; and office machines.

e) to acquire and care for horses, including: saddle purchases; vet bills; stall bedding; horse fed/ hay; horse supplements, wormers, medications; additional grooms; trucks/ trailers; barn equipment; advanced trainers/ instructors; leather repair; heated gloves and boots; miscellaneous riding equipment; and training equipment (i.e. video, cameras, sound equipment).

Contributions to the Fund: Contributions to the Fund are made
payable to the U.S. Park Police Horse Mounted Patrol Unit Fund/National Park Foundation or to the NPF with the U.S. Park Police Horse Mounted Patrol Unit Fund specified on the check or in an accompanying letter.

Disbursements from the Fund: Disbursement authority is vested
with the Chief, U.S. Park Police, 1100 Ohio Drive, S.W., Washington, D.C. 20242. Funds are to be allocated by the Chief exclusively for the training, performance and well-being, which in turn will improve officer and public safety on lands and waters under the jurisdiction of the NPS National Capital Region. The Funds performance will be reviewed annually with the National Park Foundation to determine available income and a disbursement schedule.

All requests for disbursement shall be made in writing to the Foundation and signed by the Chief, U.S. Park Police.

7. Investment Portfolio:
A. Vanguard Balanced Index, a single fund comprised of:
60% domestic equity stocks based upon Wilshire 5000
40% domestic bonds based on the Lehman Aggregate

B.Vanguard Prime Money Market Fund: Income will be invested in the
Vanguard Prime Money Market Fund and will be used for the planning,
design, maintenance, restoration, interpretation and protection of
trails, and/or preserved as principle in the investment portfolio. All
requests for preservation of income as principle, shall be made in
writing to the Foundation and signed by the Chief, U.S. Park Police.

The Foundation's Board may, from time to time, recommend changes as it deems necessary or prudent to the asset allocation guidelines listed herein. Such changes, if they apply to the type of portfolio being chosen for this fund, shall be approved in writing and signed by the Chief, U.S. Park Police.

Management Fees: To cover its investment management costs, the
National Park Foundation will charge an annual management fee of 1%, assessed monthly, on the funds current market value. This fee is to cover the necessary accounting, reporting, audit, investment management, direct costs relating to Fund transactions [e.g. bank charge, second check charge], and all other administrative costs associated with this fund. If the market value of the fund exceeds $1 million, the fee will be re-negotiated to a lower percentage based upon the level of activity in the account.

This fee does not include the fee charged by the mutual fund provider, Vanguard, which averages approximately 0.38% annually by prospectus and is charged to the fund, not NPF.

Donor Authorization: I have read this form, have indicated on this
form how the funds are to be managed, and understand the provisions of the form as they will apply to the management of the funds being transferred or donated to the National Park Foundation.


___________________________________________________ ____
Signature of Creator of Fund Date