Trust Fund # 1321 - Girls’ Friendly Society of the Diocese of Los Angeles
Resolution text
Resolved, that Trust Fund # 1321, Girls’ Friendly Society of the Diocese of Los Angeles, be established as an investment account for Girls’ Friendly Society of the Diocese of Los Angeles in Costa Mesa, CA, which may withdraw principal and/or income upon request and may add to the principal at its discretion.
Explanation
This fund was established with $192,000.00 as an investment account by Girls’ Friendly Society of the Diocese of Los Angeles in Costa Mesa, CA. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Girls’ Friendly Society of the Diocese of Los Angeles in Costa Mesa, CA) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.
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Este fondo fue establecido con $192,000.00 como una cuenta de inversión por Girls' Friendly Society of the Diocese of Los Angeles en Costa Mesa, CA. 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 (Girls' Friendly Society de la Diócesis de Los Ángeles en Costa Mesa, CA) 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 de DeepL