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What Account is Needed for Fund-raising Monies?

Our church is raising about $2 million for purchase of a property. What kind of account can we use that includes a trustee and terms for funds usage?


If the church wants to have the funds managed by a trustee, it will first have to have a trust established. The first step is to speak to an attorney with trust knowledge and experience.

Published on BankingQuestions.com 10/19/09