Diocese of Alaska Reaches $1 Million Goal for the Clergy Endowment Fund
His Grace Bishop Alexei of Sitka and Alaska has announced that the Clergy Endowment Stipend has successfully reached its $1 Million goal. In recognition of this, His Grace has released a video thanking His Beatitude Metropolitan Tikhon, the Holy Synod of Bishops, and the many generous parishes and faithful who have contributed to the success of the fund.
His Grace spoke at the 20th All-American Council in Baltimore, MD about the difficult situation facing the Alaskan clergy. The council passed a resolution to support the creation of this Clergy Endowment Stipend:
“Whereas Alaska is the cradle of Orthodoxy in America: Be it resolved that the 20th AAC asks the Holy Synod of Bishops to designate annually the Sunday closest to the December feast of Saint Herman, for a free-will collection from each parish in the Orthodox Church in America to support the Diocese of Alaska Clergy Endowment.”
Since successfully reaching the $1 million milestone, the Diocese of Alaska has put a governance policy in place and hired a management firm. The first disbursement is anticipated in October.