Trust Fund #1212
Resolution text
Resolved, That Trust Fund # 1212, Our Savior be established as an investment account for Episcopal Church of the Ridge in Trenton, SC, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund # 1212 Our Savior (2019)
This fund was established with $5,000.00 as an investment account by Episcopal Church of the Ridge in Trenton, SC. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Episcopal Church of the Ridge in Trenton, SC.) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.