Adam Gutbezahl (incumbent)
ADDRESS: 48 Rice Spring Lane
OCCUPATION AND/OR PREVIOUS SERVICE TO THE TOWN: Wayland Cultural Council (2017-2021); Wayland Finance Committee (2019-2021); Wayland Select Board (2021- 2024); Wayland Trust Fund Commission (2019-present)
CAMPAIGN WEBSITE AND/OR SOCIAL MEDIA, IF ANY: NA
What funds do the Commissioners oversee? Where did they come from and how are they used?
The Commission oversees the administration of 11 funds. Two funds (the Perpetual Care Fund and Robsham Cemetery Trust) concern maintenance and care of the Town’s cemeteries. Five of the funds are dedicated to use by the Library. The four remaining funds are: (i) the Gossels Public Ceremonies Fund (the “GPC Fund”); (ii) the Leavitt Fund; (iii) the Greaves Fund; and (iv) the Croft Fund.
The GPC Fund assists with commemorating the recipient of the annual C. Peter R. Gossels Good Government Award.
The Leavitt Fund provides scholarships to Wayland youth attending Norwich University in the ROTC program.
The Greaves Fund supports programs, performers, and events at the schools.
The Croft Fund awards trophies to youngsters in the Recreation Department’s programs.
These funds originate from generous gifts left to the Town, with some dating back to the mid-19th Century and the most recent established within the past two to three years.
How are the funds increasing other than earned interest?
In addition to accrued interest, the funds increase through sound investment strategies. The Commission works with Bartholomew & Company, a financial wealth management company under contract with Wayland that possesses decades of experience advising municipalities. The Commissioners vet each disbursement request to ensure that the funds may remain in perpetuity and continue to grow so that they remain available for many years to come.
