Trust Fund 1293, Diocese of UT Investment Account
Resolution text
Resolved, that Trust Fund # 1293, Diocese of UT Investment Account. be established as an investment account for the Corporation of the Episcopal Church in Utah, Salt Lake City, UT, which may withdraw principal and/or income upon request and may add to the principal at its discretion.
Explanation
Trust Fund # 1293 Diocese of UT Investment Account (2021)
This fund was established with $633,481.09 as an investment account from the Corporation of the Episcopal Church in Utah, Salt Lake City, UT. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but, as custodian, is providing the owner (The Corporation of the Episcopal Church in Utah, Salt Lake City, UT) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.
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Este fondo fue establecido con $633,481.09 como una cuenta de inversión de la Corporación de la Iglesia Episcopal en Utah, Salt Lake City, UT. Se trata de un fondo de tipo de custodia, lo que significa que la DFMS no es fiduciaria de estos fondos, sino que, como custodio, está proporcionando al propietario (La Corporación de la Iglesia Episcopal en Utah, Salt Lake City, UT) acceso a la gestión de inversiones a través de la dotación de la DFMS. El propietario puede añadir o retirar fondos principales a su discreción.
Traducción de DeepL