Tyson Fund Grants to be Distributed Saturday Night

James H. “Uncle” Jim Tyson.

(Versailles, IN) – Versailles residents and other interested parties are invited to attend the 168th birthday celebration for Jim Tyson at 7:00 Saturday night at Tyson Methodist Church.

The man known as “Uncle Jim” used Walgreens stock in 1930 to set up a trust fund that specifically benefits the citizens of his hometown.

Since the Tyson Fund’s establishment, more than $25 million has been doled out to the Town of Versailles, Tyson Library, Tyson Methodist Church and many other non-profit organizations in the Versailles area.

Tyson Fund Trustees received 12 grant requests this year, and will distribute $525,535 to 10 of the local non-profits.

This is the 84th year for the Tyson Fund distribution.