Trust Fund # 1305 - St. Michael & All Angels Episcopal Church(ABQ) - Unrestricted
Resolution text
Resolved, that Trust Fund # 1305, St. Michael & All Angels Episcopal Church (ABQ) – Unrestricted be established as an investment account for St. Michael & All Angels 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 # 1305 St. Michael & All Angels Episcopal Church (ABQ) – Unrestricted (2022)
This fund was established with $20,000.00 as an investment account by St. Michael & All Angels 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. Michael & All Angels 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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Fondo fiduciario # 1305 St. Michael & All Angels Episcopal Church (ABQ) - Sin restricciones (2022)
Este fondo fue establecido con $20,000.00 como una cuenta de inversión por la Iglesia Episcopal de San Miguel y Todos los Ángeles en Albuquerque, NM. Se trata de un fondo de tipo custodio, lo que significa que la DFMS no es fiduciaria de estos fondos, sino que, como custodio, proporciona al propietario (la Iglesia Episcopal de San Miguel y Todos los Ángeles de Albuquerque, NM) 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.
Traducción con DeepL