Create an Endowment That Will Serve for Generations
To create an endowment or legacy fund, a minimum initial gift of $10,000 is required. This contribution must be made in one lump sum.
Endowment funds may be directed to support the life and work of Holy Resurrection Serbian Orthodox Cathedral in a variety of ways. Contributions can provide for the general operating needs of the Cathedral, including the maintenance of facilities and support of parish ministries, or they may be designated for a specific purpose. Donors may choose to strengthen our education programs—such as Church School, Serbian School, and other cultural and faith-formation efforts—or to sustain our choir and liturgical music ministry. Gifts may also be directed to the Emergency Need Program, which offers humanitarian assistance to members and non-members alike. In addition, income may be designated for other appropriate Cathedral ministries and endeavors, as determined by the donor.
Purpose:
These funds provide Holy Resurrection Serbian Orthodox Cathedral with a lasting source of income, to be used according to the donor’s wishes. Each fund has its own specific use and guidelines.
Fund Custodian:
All endowment funds are managed by a professional financial firm. They are administered and distributed in line with donor instructions. The Executive Board reviews financial reports monthly, and a full report is shared with the congregation annually.
