Trust Fund #1265 – Diocese of Lexington for St. Thomas, Beattyville
Resolution text
Resolved, that Trust Fund # 1265, The Episcopal Diocese of Lexington FBO St. Thomas Episcopal Church, Beattyville, KY, be established as an investment account for The Episcopal Diocese in Lexington, KY which may withdraw principal and/or income upon request and may add to the principal at its discretion.
Explanation
This fund was established with $8,744.50 as an investment account by The Episcopal Diocese in Lexington, KY. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (The Episcopal Diocese in Lexington, KY) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.