Trust Fund 1297 - White Marsh Parish Investment Account (2021)
Resolution text
Resolved, that Trust Fund # 1297, White Marsh Parish Investment Account be established as an investment account for the Vestry of White Marsh Parish St. Paul’s Church in Trappe, MD, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund 1297 - White Marsh Parish Investment Account (2021)
This fund was established with $67,700.00 as an investment account by the Vestry of White Marsh Parish St. Paul’s Church in Trappe, MD. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Vestry of White Marsh Parish St. Paul’s Church in Trappe, MD) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.