Trust Fund #1331, Saint Mary’s Episcopal Church
Resolution text
Resolved, that Trust Fund # 1331, Saint Mary’s Episcopal Church, be established as an investment account for Saint Mary’s Episcopal Church in Phoenix, AZ, which may withdraw principal and/or income upon request and may add to the principal at its discretion.
Explanation
Trust Fund # 1331, Saint Mary’s Episcopal Church (2023)
This fund was established with $205,000,00 as an investment account by Saint Mary’s Episcopal Church in Phoenix, AZ. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Saint Mary’s Episcopal Church in Phoenix, AZ) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.