Match each of the activities described with the type of fund that would most appropriately be used to account for it. The Town of Tompkins received a donation of $1,500,000 with the Investment trust fund stipulation that the corpus be held in perpetuity, but the investment earnings be used to fund academic scholarships to the children of Town police officers. B. Pension trust fund Private-purpose trust fund Cornwall County collects property taxes on behalf of all municipalities within D. Agency Fund its boundaries. The County remits the taxes by the 15th of the following month to ech municipality, less a .5% administration fee. None of the above - 3 The City of Dakota sponsors a defined benefit plan for its civilian employees. Employees are required to contribute 4% of gross payroll, and the City contributes an actuarially determined percentage, which is currently at 12% of gross payroll. Benefits at retirement are based on years of service and average earnings. Langford County offers the cities within its boundaries the opportunity to pool their excess monies to achieve greater returns and efficiencies. The County keeps an individual record for each participating entity, with earnings based on the overall earnings of the pool. Quarterly, the County issues financial statements for the collective external portion of the pool. |The State of west Virginia provides its retirees with subsidized health care To ensure that funds will be available for future benefits, the State makes actuarially determined irrevocable contributions to a managed investment fund, which can be used only to provide retiree health benefits. - 2A donor made a $400,000 contribution to the Village of Ashton Heights, with the stipulation that the funds be used to provide annual recognition and faculty of each school in the village. Manfred County received a $3,800,000 Federal grant to establish and aintain a program for homeless shelter and related services over the next