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In most cases, however, the attempt to generate a distinct fund has failed, and "contributions" have become just another tax with expenditures on, for example, retirement pensions paid irrespective of the resources available to the fund.
Sec. 4. 'All moneys received under the provisions of this act shall be paid into the state treasury and kept as a distinct fund to be styled 'The Oil Inspection Fund.' All checks or orders in payment for tags or stamps shall be made payable to the state treasurer.
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Lipper, the fund data company, lists 64 distinct funds that track this widely used barometer.
Among the latest is Propeller, a six-month-old outfit that's hoping to entice family offices and sovereign wealth funds to invest in four new but distinct funds at once.
First, for historic reasons, the distinct SHI funds cover different clienteles.
Contributions would be held in a fund distinct from the Iraq Development Fund, which is controlled by the occupation authorities.
In addition, Cambridge has an unfunded liability for its regular pension fund (distinct from the OPEB fund) to the tune of nearly $70 million, and, of course, Cambridge also carries bond obligations, as do many municipalities.
But taxes fund distinct benefits in different parts of the world, so a strict comparison of tax burdens doesn't give the whole picture.
A successful manager usually establishes a number of distinct, follow-up funds.
It is absolutely thrilling that money raised by the "ice bucket challenge" – that seemingly overblown, internet-BS game parading as a fundraiser for ALS – has actually caused a real thing to happen: more than $100m in donations funded distinct scientific progress in our understanding of the disease.
Azoulay, Manso, and Graff Zivin arrived at their conclusions after comparing researchers using two distinct types of funding: support from the investigator program of the Howard Hughes Medical Institute (HHMI), the large non-profit biomedical research organization in Maryland, and the R01 grants of the National Institutes of Health (NIH), the federal government's life-science center in Maryland.
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