Trust Fund #1204
Resolution text
Resolved, That Trust Fund # 1204, St. Thomas Episcopal Church Endowment be established as an investment account for St. Thomas Episcopal Church in Clarkdale, AZ, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund # 1204, St. Thomas Episcopal Church Endowment (2019)
This fund was established with $69,571.00 as an investment account by St. Thomas Episcopal Church in Clarkdale, AZ. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (St. Thomas Episcopal Church in Clarkdale, AZ) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.