Trust Fund #1213
Resolution text
Resolved, That Trust Fund # 1213, St. Mark’s Episcopal Church be established as an investment account for The Rector, Wardens and Vestrymen of St. Mark’s Episcopal Church of Berkeley, CA, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund # 1213 St. Mark’s Episcopal Church (2019)
This fund was established with $240,000.00 as an investment account by The Rector, Wardens and Vestrymen of St. Mark’s Episcopal Church of Berkeley, CA. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (The Rector, Wardens and Vestrymen of St. Mark’s Episcopal Church of Berkeley, CA.) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.