Understanding All Other Funds
The purpose of the Endowment Fund is to provide a permanent source of supplemental funding in support of Christ Church Cathedral’s ongoing mission and vision. The funding will provide a mechanism through which financial resources can be allocated for worthwhile programs and services that are consistent with Christ Church Cathedral’s ministry, its strategic plan and other long-term initiatives.
A small percentage of the Endowment Fund is used for operating expenses
The Endowment Fund is managed by a 5-member Endowment Committee.
Interest on these funds is used to off-set Cathedral functions.
The purposes of the Foundation are based on the cathedral mission statement adopted by the convention of the Central Gulf Coast in February 2004:
Once achieved, the basis of the fund must remain at or above $250,000. The funds are distributed after December 31, and are only distributed upon the approval of the Trustees.
Annual Giving Campaigns for Designated Purposes
Friends of Cathedral Music—Balance $7,513
Music is a vital ministry of Christ Church Cathedral and is made possible by the generous pledges of members and friends of the Cathedral to its annual operating budget. Additional funding through Friends of Cathedral Music allows us to sustain a broader artistic and spiritual outreach to the greater Mobile community. We are thankful for these gifts that go above and beyond other support given to Christ Church. Funds are solicited annually through a booklet that lists all of the concerts and special services held during the year.
Music Series Booklet
Friends of Cathedral Music Donor List
Cathedral Organ Fund—Balance $9,325
For nearly two centuries, Christ Church has enjoyed beautiful organ music within its walls. Over the years, four different pipe organs have occupied this space. Ours is an organ tradition we can be proud of and must maintain. Our pipe organ has been the “voice of our space,” and with continued maintenance it can play this role for generations to come. This is the statement found in the Cathedral Organ Fund booklet published annually in the early summer. Concerts are held in June and August as a fundraiser for the fund. Donations are received throughout the year. To see the booklet, please click here [insert link to the Organ Fund booklet] [Insert link to Cathedral Organ Fund donors]
Flower Guild Fund—Balance $1,620
The Flower Guild Fund is derived from donations made at Easter and Christmas for designations made for poinsettias and Easter lilies. The funds also pay for flowers at special Cathedral and Diocesan events. The funds are also used to purchase supplies for flower arrangements.
Memorial Gifts—Balance $13,968
Memorial gifts are funds given in memory of individuals who have died. The funds are used under the direction of the families of the deceased.
Other Restricted Funds—Balance $98,231
These include columbarium reservations, clergy discretionary funds, ECW funds, designated outreach funds, designated purchase funds, etc.
Funds from Planned Giving go to the Endowment Fund
Joining the Legacy Society
The Resolution to Establish the Legacy Society approved by the Cathedral Vestry on April 21, 2013 states:
Whereas God has bestowed upon Christ Church Cathedral, Mobile, Alabama many blessings throughout the years;
And whereas the Clergy, Wardens, Vestry and Officers recognize our responsibility in being good stewards of these blessings for future generations;
Now, therefore, be it resolved this day to establish the Legacy Society of Christ Church Cathedral, Mobile, Alabama for the benefit and security of those who have made provision for the same in their estate plans;
And be it further resolved that members of the Legacy Society will be recognized annually at a Cathedral celebration in order to encourage every member of the parish to do likewise.
The members of the Legacy Society are:
JOIN THE LEGACY SOCIETY