St Vasilios (Basil) the Great Endowment Fund
Support the Church Endowment Fund: A Legacy of Faith and Giving
Your decision to support the Church through a gift to our Endowment Fund ensures that your faith and values will continue to make a meaningful impact for generations to come. Many people wonder if legacy giving is only for the wealthy, but the truth is any gift, large or small, can make a lasting difference.
Common Questions About Leaving a Legacy Gift:
Q: Can someone with modest means leave a gift to the Church?
A: Absolutely! You don’t have to be wealthy to make a difference. Many individuals designate a portion of their retirement plan, life insurance policy, or assets in their Will. These gifts, regardless of size, help sustain the Church’s mission and create a meaningful legacy.
Q: Do I need to rewrite my entire Will to make a gift?
A: Not at all. You can amend your Will with a simple codicil or name the Church as a beneficiary on your retirement account or life insurance policy. These are easy steps that ensure your intentions are honored without requiring a complete overhaul of your estate plan.
Q: What if I’m unsure about the exact amount to give?
A: Consider leaving a percentage of your estate or the balance of a retirement account. You can also gift specific assets, such as securities, real estate, or other investments, ensuring flexibility and peace of mind.
Q: Are there tax advantages to legacy giving?
A: Yes! Certain assets, like retirement plans, can be heavily taxed when passed to heirs but are tax-advantaged when donated to a nonprofit. Your gift can reduce estate taxes while maximizing the benefit to both your loved ones and the Church.
Q: Can I make a gift while ensuring my financial security?
A: Absolutely. Options like charitable remainder trusts or gift annuities allow you to receive income during your lifetime while leaving a generous gift to the Church. Speak with a financial advisor to explore these opportunities.
Q: What if I don’t have a Will?
A: Even without a Will, you can make a legacy gift. Naming the Church as a beneficiary on your retirement account or life insurance policy is a simple and effective way to ensure your values live on.
Your Legacy, Your Faith
Legacy gifts to the Church Endowment Fund are more than financial contributions—they are acts of faith and love that extend your support for the Church’s mission beyond your lifetime. Every gift counts and helps build a future grounded in faith, service, and community.
For more information or assistance, please contact your local priest, Stewardship Committee, or Planned Giving Committee. Let’s work together to secure the future of our Church for generations to come.
The Endowment Fund is a part of St Vasilios Greek Orthodox Church at 5 Paleologos Street, Peabody, MA 01960, an organization of the Greek Orthodox Archdiocese of America. The Greek Orthodox Archdiocese of America has been determined to be recognized as tax- exempt under Internal Revenue Code (IRC) Section 501(c) (3).
Ministry Resources
ORTHODOX LIFE: MONTHLY BULLETIN
Archives of the St. Vasilios monthly bulletin Orthodox Life. Learn more »PARISH MINISTRIES BOOKLET
Information about various ministries at St. Vasilios Greek Orthodox Church Learn more »Orthodox Marketplace
The official online store of the Greek Orthodox Archdiocese of America. Learn more »Send an Iconogram
Send a message to a loved one or a friend in celebration of a name day, feast day, or sacrament. Learn more »Upcoming Events
Sunday Worship Services (live streaming on 1st Sunday of the month only)
Orthros at 8:00 am
Divine Liturgy at 9:00 am
Memorial Service follows the conclusion of the Divine Liturgy
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Wednesday, January 29th
Vesperal Liturgy
Feast of the Three Hierarchs
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The Saturday of Souls, on which our departed loved ones are commemorated in the prayers of the church,
will be celebrated this year on February 22, March 1, & March 8 .
Orthros & Divine Liturgy will be celebrated at 8 and 9 a.m. respectively.