The Archbishop Iakovos Leadership 100 Endowment Fund has exceeded its goal for 2007, recruiting 68 new members for a total of 755. Fulfilled members also hit a record number of 344. “Reaching these benchmarks positions us for our 25th Anniversary goals - to reach 1,000 members, 500 fulfilled members, $100 million in endowment funds and annual grants of $5 million by 2009,” said George D. Behrakis, Chairman.
At the end of 2007, contributions exceeded $4.3 million, the second highest figure historically. Endowment funds reached $67.8 million with total assets at $84 million. Grants distributed since the inception of Leadership 100 will exceed $25 million in 2008.
Grants have continued to support the ministries of the Archdiocese and Hellenic College/Holy Cross School of Theology as priorities with support continuing to go to scholarships for those studying for the Priesthood, Clergy in need and Religious and Greek Education. New support has gone to projects in the Metropolises and to the Greek Fire Relief Fund.
Leadership 100 Conferences continue to draw record numbers of attendees with programs promoting Orthodoxy and Hellenism. The 17th Annual Conference will take place February 14-17, 2008 in Palm Desert, California and will feature the awarding of the Leadership 100 Award for Excellence to longtime members Theodore P. Angelopoulos and Ambassador Gianna Angelopoulos-Daskalaki for their historic roles in promoting Greece and Hellenic culture through the organization of the Athens 2004 Olympic Games.
As Leadership 100 reaches its 25th Anniversary, it is fitting that it has generated the Leadership 100 Partners program, encouraging young Greek American professionals to join at affordable levels as they progress in their careers. The following represents the level of payments:
Ages 1-30 $2,000 *
Ages 31-35 $4,000
Ages 36-40 $6,000
Ages 41-45 $8,000
Ages 46- $10,000
At the end of 2007, there were 52 Leadership 100 Partners. Leadership 100 has set as its highest priority the transfer of its philanthropic tradition, borne of its faith and heritage, to the next generation.
The Leadership 100 office under Executive Director (Interim) Paulette Poulos has been reorganized into specialized departments of membership, finance, communications and special events. A new Audit Committee, the Investment Committee and the Grant Committee meet regularly and are in constant communication with officers and staff. Policies and procedures governing organization, audits, investments, grants and personnel have been established.
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