Safeguard Protections

Safeguarding the assets of our trust beneficiaries is a primary concern of The Arc Master Trust.

The Arc Board of Directors is comprised primarily of family members and people with disabilities themselves – many of whom have enrolled in The Arc Trust.  In addition, the primary focus of the Trust Advisory Committee is to assure The Arc Master Trust remains the premier special needs trust in the nation.

The following safeguards are in place to assure all transactions regarding individual trust accounts are transparent and processed using strict accounting procedures:

  • Disbursement requests are entered into The Arc Master Trust data system by a trust staff person
  • Separate checkpoints are utilized to process disbursements from trust accounts
  • Requests are verified with the appropriate key people for the beneficiary
  • Requests are reviewed and approved/declined by the Trust Director, or in her absence the Associate Executive Director
  • Two signatures are required for any check over $3,000
  • Disbursement checks are reconciled by the Director of Finance for The Arc of Indiana
  • The Arc maintains full liability insurance and a crime/dishonesty bond

To provide complete transparency and access, The Arc Master Trust is particularly proud of the fact that our trust account software allows individual trust accounts to be reviewed online through a password protected portal on our website.  Key people of trust beneficiaries and beneficiaries themselves can view activity related to their trust account 24 hours a day, 7 days a week.

In addition, an independent CPA firm audit is completed each year for The Arc of Indiana, which includes examination of The Arc Trust on trust accounts and interviews with trust staff.  A copy of The Arc of Indiana’s complete audit is provided at any time upon request.  We are continuing to look to strengthen the integrity of The Arc Master Trust, including implementing an external quarterly review of trust practices and conducting a second audit for the trust only.

The Arc of Indiana Board of Directors, Trust Advisory Committee, and The Arc of Indiana and The Arc Master Trust staff takes  the integrity of The Arc Master Trust and stewardship of trust funds very seriously.  We welcome any questions you may have and will gladly share any information that you may need as a current or prospective member of The Arc Master Trust.