St. George Armenian Church is embarking on a plan to build our Endowment Funds, by doubling over the 5 years taking us from approximately $438,000 to $875,000. Our funds are professionally managed and invested with a 4.5% of average fund balance distributed to us annually. This income is used toward our $ 175,000 annual operating budget and currently represents about 11% of our budget.

We are asking you to consider a pledge to begin a new endowment fund. You can name the fund in your name, your family name etc. We have enclosed a response card for your convenience.

New endowment funds require a $1,000 minimum. This could be paid in one lump sum or paid over the next 5 years. For example, it could be paid $200 per year for 5 years or any other combination you choose. Donations may be made with cash, checks or online via credit card on this page below You may consider funding the endowment a couple other ways:

• Using RMD (Required Minimum Distribution) paid directly from your IRA to St. George. This reduces your tax liability since St. George is a non-profit organization.
• Donate stocks directly to St. George. This allows you to avoid the tax liability on any capital gains

In addition, in your long-term estate planning, please remember St. George Armenian Church in your will, trust or as a beneficiary of life insurance.

Thank you for your consideration and support of our beloved parish.