"Be it resolved that the vestry of the ABC Church, at a duly called meeting on MONTH/DATE/YEAR did agree to place with the Trustees of the Funds of the Protestant Episcopal Church in the Diocese of Virginia a fund to be titled "ABC CHURCH FUND".
It is the desire of the vestry that this fund's income shall be used solely to subsidize the operating costs and/or allowances for the ongoing maintenance, but not capital improvements, of this church.
Income earned is to be distributed annually according to the direction of the Trustees of the Funds, or as more frequently as the Trustees of the Funds may decide. It is understood that the Trustees of the Funds may, from time to time, change the method of distribution of the income earned on the invested funds. The distribution for this fund is to be sent to the attention of the treasurer at the address of ABC CHURCH. Oversight of the fund's disbursement resides with the Vestry of ABC CHURCH, and/or any designee they may establish in its stead.
The principal of this fund is not to be invaded. All gifts to the fund become a permanent part of the principal, and therefore, shall not be invaded.
Should the church cease to exist, all monies remaining in the fund shall be used for the retirement of any debt as may be outstanding in the name of ABC CHURCH. Any remainder of funds shall be transferred to the Episcopal Diocese of Virginia to be added to those funds restricted for church planting."