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8 October, 13:50

What are the Examples of private purpose trust funds

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  1. 8 October, 16:15
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    Scholarship Trust fund is an example of private trust funds

    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.
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