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About The Program > Board of Trustees

PLGIT’s Investors are the Trust. Nothing demonstrates this more clearly than its Board of Trustees. The members of the Board are nominated by the Sponsoring Associations and elected by PLGIT Investors to serve on the governing Board of Trustees.

To assure adequate representation of the interests of the various participating entities, the Trust’s nominating committee must nominate at least one candidate representing each of the following: boroughs, cities, counties, municipal authorities, school districts, townships of the first class, and townships of the second class. All Trustees must be either an elected member or full-time employee of their respective municipality or school district. Eleven Trustees currently serve on the Board:

 

Board of Trustees
Kim Buchanan, President
Grove City Area School District 
Dennis Hameister, Vice President
Harris Township 
Brian Hessenthaler, Secretary/Treasurer
Bucks County  
Sandra A. Bartosiewicz
Wyoming Valley Sanitary Authority 
Kathleen DePuy
Borough of Whitehall  
Ronald E. Evanko
Borough of Blairsville 
Sandra K. Green
Borough of Kutztown 
Tim L. Horner
Chapman Township 
Dr. Samuel Lee
Bensalem Township School District 
Thomas J. McElhone
Shaler Township  
Dr. G. Brian Toth
St. Marys Area School District 
 

 


 

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios. This and other information about the Trust’s portfolios is available in the current Information Statement, which should be read carefully before investing. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com. While the PLGIT, PLGIT/ARM and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC.

A description of the PLGIT CD Purchase Program is contained in the PLGIT Information Statement. The Information Statement contains important information and should be read carefully before investing. Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, PFM Asset Management LLC.

SMPLGIT, PLGIT-Class Shares, PLGIT/PLUS-Class Shares, PLGIT/I-Class SharesPLGIT/PRIME, PLGIT/TERM, PLGIT-CD, PLGIT/ARM, PLGIT/SAM, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust.

 

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