Holy Trinity Greek Orthodox Foundation – The purpose of the Foundation is to encourage charity and charitable giving and is dedicated to supporting religious, humanitarian, and educational initiatives benefiting Orthodox Christian and Hellenic communities.

What is the Holy Trinity Greek Orthodox Foundation?

The Holy Trinity Greek Orthodox Foundation of Charlotte was established in the early 1950s, stemming from the founding of The Holy Trinity Greek Orthodox Church in Charlotte, NC, by our forefathers. Our commitment as Orthodox Christians is to sustain our church as an essential aspect of our daily lives and to safeguard it as a vital part of our cultural and spiritual heritage. To achieve this, the Foundation was officially incorporated in 1973 with the objective of generating income through invested funds sourced from donations, forming an endowment.

The Foundation's mission is to promote philanthropy and charitable giving, focusing on supporting religious, humanitarian, and educational endeavors benefiting Orthodox Christian and Hellenic communities. By engaging in these philanthropic efforts, the Foundation aims to bolster and fortify these communities.

Contributing to the Foundation provides an opportunity to support our Parish and other religious, educational, and charitable initiatives for future generations. The Foundation allocates its resources to various causes, including assisting the underprivileged, sick, impoverished, and elderly individuals, as well as fostering educational advancement.

What is an Endowment?

Endowments play a pivotal role in the Foundation's operations. Established as a 501(c)(3) charitable organization, the Foundation maintains a permanent fund where tax-deductible contributions are invested. While the principal remains untouched, only the income and profits are utilized for religious, educational, and charitable purposes. Although independent from the Holy Trinity Greek Orthodox Cathedral of Charlotte, the Foundation manages, administers, and allocates funds according to its charter.

It is important to understand the nature of endowments — they represent a permanent source of income, with the principal never to be expended, ensuring sustained support for community endeavors. The Foundation adheres strictly to this definition, investing all contributions indefinitely and distributing earnings solely for medical, religious, educational, and charitable causes.

Please Note: The Foundation operates transparently, with assets growing through prudent investment strategies and additional contributions from gifts, bequests, memorials, and donations. However, it is essential to stay informed about evolving tax laws and donation regulations. Seeking advice from a knowledgeable professional is advisable to understand the tax implications of contributions fully.

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