Trust Fund #1203
Resolution text
Resolved, That Trust Fund # 1203, St. Mary’s Church Trust be established as an investment account for St. Mary’s Episcopal Church in Kansas City, MO, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund # 1203, St. Mary’s Church Trust (2019)
This fund was established with $513,544.04 as an investment account by St. Mary’s Episcopal Church in Kansas City, MO. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (St. Mary’s Episcopal Church in Kansas City, MO) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.