Trust Fund # 1276 through Trust Fund # 1285 – f/b/o of St. Stephen’s Church Ridgefield, CT
Resolution text
Resolved, that Trust Fund # 1276 through # 1285 be established as investment accounts for St. Stephen’s Church, Ridgefield, CT, which may withdraw principal and/or income upon request and may add to the principal funds at its discretion.
TF No. Name Amount
1276 Jean Lewis Beebe & David C. Beebe Jr. Fund $556,186.00
1277 Ursula Mary Brewster Fund $196,003.00
1278 Carol T. Decker Fund $817,168.00
1279 Evergreen Legacy Fund $122,933.00
1280 Fayerweather Fund $76,426.00
1281 Hitchcock Fund $7,380,202.00
1282 Kelley Fund $40,779.00
1283 Ministry Fund $348,307.00
1284 Music Fund $64,195.00
1285 Unrestricted Endowment Fund $5,415,345.00
$15,017,544.00
Explanation
Trust Fund # 1276 through Trust Fund # 1285 (2021) – f/b/o St. Stephen’s Church, Ridgefield, CT
Ten (10) Trust Funds were established with a combined total of $15,017,544.00 as investment accounts for St. Stephen’s Church, Ridgefield, CT. These trust funds are identified as Trust Fund 1276 through Trust Fund 1285 followed by the fund names.
These are custodial-type funds, meaning that Domestic and Foreign Missionary Society is not trustee for these funds but, as custodian, is providing the owner (St. Stephen’s Church, Ridgefield, CT) with access to investment management through DFMS Endowment. The owner may add to or withdraw principal funds at its discretion.