A. Special Purpose Funds (Restricted endowments): Funds or property donated for a specific purpose or use defined by the donor in cooperation with the Parish Council. Such purposes may include: scholarship, educational experience, or a specifically funded program.
B. Permanent Funds (Unrestricted endowments):Funds or property donated without any specific purpose or use identified by the donor. The income from these endowments may be used for general operating expenses or as designated by the Parish Council.
Note: In the event of dissolution of the St. Peter Armenian Church, the above funds shall revert to the Diocese of the Armenian Church of America without restrictions.
To set up a Special or Permanent Endowment Fund, complete the Contribution Agreement Form and return it to the St. Peter Church office. Contact the church office if you have any questions.
* Please print out and mail the completed form to:
P.O. Box 196 – Watervliet, New York 12189