Trust Fund # 1336 – Cousins Memorial Fund
Resolution text
Resolved, that Trust Fund # 1336 – Cousins Memorial Fund be established as an investment account for the Diocese of Western Mass Corp, The Episcopal Diocese of Western Massachusetts in Springfield, MA, which may withdraw principal and/or income upon request and may add to the principal at its discretion.
Explanation
Trust Fund # 1336 – Cousins Memorial Fund (2023)
This fund was established with $29,360.95 as an investment account by the Diocese of Western Mass Corp, The Episcopal Diocese of Western Massachusetts in Springfield, MA. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (Diocese of Western Mass Corp, The Episcopal Diocese of Western Massachusetts in Springfield, MA) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.