Trust Fund #1302 – St. Timothy’s Music Fund, Cincinnati, OH
Resolution text
Resolved, that Trust Fund # 1302, St. Timothy’s Church of Cincinnati Music Fund be established as an investment account for Saint Timothy’s Episcopal Church in Cincinnati, OH, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund # 1302, St. Timothy’s Church of Cincinnati Music Fund (2021)
This fund was established with $175,241.13 as an investment account by Saint Timothy’s Episcopal Church in Cincinnati, OH. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Saint Timothy’s Episcopal Church in Cincinnati, OH) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.