Shimizu Genkikin, a public trust fund

Shimizu Genkikin, a public trust fund

To contribute to the improvement of the conservation of the natural environment and the social life base in Michishi Village, Yamanashi Prefecture, and to the promotion of water source conservation, local communities and the welfare of local residents.

1,010 million yen (breakdown of ¥1.0 billion in Yokohama City and ¥10 million in Michishi Village)

Subsidized by investment income generated from trust property

Public trusts
(Public trusts are those in which individuals and corporations trust their property for a certain public interest purpose, and trustees such as trust banks perform their duties to manage and operate the property and realize the public interest purpose.)

February 17, 1997
(February 3, 1997 Governor of Yamanashi Prefecture permits underwriting of public interest trusts to trustees)

Fixed number of 5 people, term of office of 2 years
(Management committee: 1 person with academic experience, 2 people from Yokohama City, 2 people from Michishi Village)

1 person
Lawyer belonging to the Yokohama Bar Association

Natural Environment conservation Activities
Activities that contribute to the improvement of living infrastructure