Announcing the Thomas Karacic Endowment Fund
Holy Resurrection Serbian Orthodox Cathedral is honored to announce the establishment of the Thomas Karacic
About Us
THE PURPOSE OF THE ENDOWMENT PROGRAM
Dear Current and Future Legacy Builders of Holy Resurrection Serbian Orthodox Cathedral, Work has been
WHAT IS AN ENDOWMENT OR LEGACY FUND?
An endowment or legacy fund at Holy Resurrection Serbian Orthodox Cathedral (HRSOC) is a gift
WHY ESTABLISH AN ENDOWMENT OR LEGACY FUND – THE MISSION?
Endowments (zadužbinarstvo) have a long tradition in the history of our people and tradition. Endowment
WHAT TYPES OF ENDOWMENTS OR LEGACY FUNDS ARE POSSIBLE?
Stewardship Endowments: Offer regular support to the existing Cathedral ministries and programs of the parish.
WHAT HAPPENS TO THE OFFERINGS ENTRUSTED TO THE ENDOWMENT FUNDS?
When an endowment is established, either while the donor is living or through a will
WHO MANAGES THE FUNDS?
Management of the endowment funds is provided by well— established and reputable professional financial management
WHAT ARE THE STEPS TO GETTING STARTED?
Think about the ministries and work of the Church. Are there programs and services, such
WHAT ARE THE WAYS AND MEANS TO ESTABLISH A LEGACY?
Outright Gifts: Transfers of cash, securities, or other property. Gifts of Real Estate: Can
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