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Scouting in Massachusetts
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===Today=== As of 2004, the fund had a market value of approximately $7.3 million, with an annual distribution of $210,000. Over its lifetime, the fund has contributed over $6.2 million to hundreds of projects, impacting over a million youth, at various Scout camps. Funds are held by the Private Bank at Bank of America, the current successor of the Old Colony Trust Company, and they are advised by a committee composed of local Scouting professionals and volunteers. Many Massachusetts camps conduct a "Magee Night" competition or other similar event to celebrate Mr. Magee's contribution, and it is quite easy to find buildings named after Mr. Magee or with plaques bearing his name. Councils requesting money typically make proposals to the advisory committee, stating the purpose of the project, the amount being requested, and any moneys being provided through other sources. Only Councils located in Massachusetts are eligible, although as the will reads the camps that benefit may be located elsewhere in New England.
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