Trust Fund #1208
Resolution text
Resolved, That Trust Fund # 1208, All Souls Episcopal Church Savings be established as an investment account for All Souls Episcopal Church in North Fort Myers, FL, which may withdraw principal and/or income upon request, and may add to the principal at its discretion.
Explanation
Trust Fund # 1208 All Souls Episcopal Church Savings (2019)
This fund was established with $25,000.00 as an investment account by All Souls Episcopal Church in North Fort Myers, FL. This is a custodial-type fund, meaning that DFMS is not trustee for these funds but as custodian is providing the owner (All Souls Episcopal Church in North Fort Myers, FL) with access to investment management through DFMS endowment. The owner may add to or withdraw principal funds at its discretion.