Trust Fund #1264 – St. Michael & All Angels Episcopal Church (ABQ)
Resolution text
Resolved, That Trust Fund # 1264, St. Michael & All Angels Episcopal Church (ABQ) be established as an investment account for St. Michael & All Angels Episcopal Church in Albuquerque, NM, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund # 1264 St. Michael & All Angels Episcopal Church (ABQ) (2020)
This fund was established with $390,017.41 as an investment account by St. Michael & All Angels Episcopal Church in Albuquerque, NM. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (St. Michael & All Angels Episcopal Church in Albuquerque, NM) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.