He will have no authority over the union's rich pension and health and welfare funds, which operate as separate trusts.
The funds are run as separate trusts.
The employer, however, sets aside the assets in a separate trust for the employee's future.
Mesa said in December that it would package its Hugoton holdings into a separate trust and sell shares.
The graveyard surrounding the church, Greyfriars Kirkyard, is in the hands of a separate trust.
Contributions are typically put into a separate trust, whose assets will be used to provide benefits in due course.
The financial disclosure forms suggest that he set up two separate trusts, each in excess of $500,000.
Homerton became a separate trust in 1994 and has been in its present organisation as a foundation trust since 2004.
As part of the deal, Cumulus Media will have to place 14 stations into a separate trust to comply with ownership limits.
But he didn't want to establish a separate trust to do it.
