Trust Fund 1295, St. Mary’s Episcopal Church-ABQ Special Funds
Resolution text
Resolved, that Trust Fund # 1295, St. Mary’s Episcopal Church-ABQ Special Funds, be established as an investment account for St. Mary’s 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 # 1295 S St. Mary’s Episcopal Church-ABQ Special Funds (2021)
This fund was established with $35,000.00 as an investment account by St. Mary’s 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. Mary’s 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.
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Este fondo fue establecido con $35,000.00 como una cuenta de inversión por la Iglesia Episcopal de Santa María en Albuquerque, NM. Se trata de un fondo de tipo custodial, lo que significa que la DFMS no es fiduciaria de estos fondos, sino que, como custodio, proporciona al propietario (la Iglesia Episcopal de Santa María de Albuquerque, NM) acceso a la gestión de las inversiones a través de la dotación de la DFMS. El propietario puede añadir o retirar fondos principales a su discreción.
Traducción de DeepL