The St. George Foundation is established to provide a perpetual funding source to enable St. George Orthodox Cathedral to fulfill its goals for Christian Outreach Programs related to religion, charity, youth, children, the elderly, and education as well as capital construction projects to St. George Orthodox Church or its Parish House.
The St. George Foundation recently transferred to the St. George Cathedral a check in the amount of $18,210. This represented 80% of all dividends and interest that was generated from the fund investment during 2008. These funds were earmarked to support St. George Cathedral's Youth Programs, such as scholarships to the Antiochian Village, Athletic Programs, and Church School needs.
Since the St. George Foundation's inception in 2000, the fund has contributed $88,698 to St. George Cathedral. Furthermore, an additional $11,782 has been transferred from "Donor Advised" fuunds to help supplement the needs of other programs, such as St. George Cathedral Choir.
The Foundation has been benefitted this past year by being remembered through the legacies of three of our departed parishioners. May their memory be eternal.