Trust Fund #1145 – Name and Ownership Change
Resolved, that the name of Trust Fund # 1145, Convocation of Episcopal Churches in Europe be changed to Board of Foreign Parishes. This trust fund was established as an investment account for The Convocation of Episcopal Churches in Europe in Paris, France, which subsequently gifted it to the Board of Foreign Parishes in June 2021. The Board of Foreign Parishes may withdraw principal and/or income upon request and may add to the principal at its discretion.
Trust Fund # 1145 Board of Foreign Parishes (2016)
Originally established with $250,000.00 as an investment account by The Convocation of Episcopal Churches in Europe in Paris, France, this trust fund now called Board of Foreign Parishes was gifted to the Board of Foreign Parishes in June 2021. It is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Board of Foreign Parishes) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.