Trust Fund # 1304, The Endowment Fund of the Church of the Incarnation (2022)
Resolution text
Resolved, that Trust Fund # 1304, The Endowment Fund of the Church of the Incarnation be established as an investment account for Episcopal Church of the Incarnation, Miami, FL, which may withdraw principal and/or income upon request and may add to the principal at its discretion.
Explanation
Trust Fund # 1304, The Endowment Fund of the Church of the Incarnation (2022)
This fund was established with $24,382.33 as an investment account by Episcopal Church of the Incarnation, Miami, FL. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Episcopal Church of the Incarnation, Miami, FL) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.
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Fondo de Fideicomiso # 1304, El Fondo de Dotación de la Iglesia de la Encarnación (2022)
Este fondo fue establecido con $24,382.33 como una cuenta de inversión por la Iglesia Episcopal de la Encarnación, Miami, FL. 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 (Episcopal Church of the Incarnation, Miami, FL) 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.