asked 79.0k views
1 vote
What are the Examples of private purpose trust funds

1 Answer

3 votes

Answer:

Scholarship Trust fund is an example of private trust funds

Step-by-step explanation:

Private purpose trust funds are fiduciary funds established to account for gifts the school district receives to be used for a particular purpose or to account for moneys and property received and administered by the school district as trustee.

answered
User ALOK KUMAR
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories