Volume 7 Number 30 - Tuesday, July 26th, 2005

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Published by the Greek Orthodox Archdiocese of America, July 21, 2005

 Fr. Alex Karloutsos Named Executive Advisor of Faith: An Endowment for Orthodoxy and Hellenism

July 21, 2005

New York - Fr. Alex Karloutsos, formerly Executive Director of Leadership 100 and currently the spiritual advisor of the Order of St. Andrew and Public Affairs Officer of the Greek Orthodox Archdiocese of America, with the blessings of His Eminence Archbishop Demetrios, has been appointed acting Executive Advisor of Faith: An Endowment for Orthodoxy and Hellenism. The Faith Endowment is a new national organization, whose sole purpose is to fund the National Ministries and Institutions of the Greek Orthodox Archdiocese of America.

In making the announcement on behalf of its Board of Directors, George D. Behrakis, President of the Faith Endowment, said Father Alex, who will serve as a consultant, was by experience and ability, the most qualified person to advise on the development of the Faith Endowment, which has been given the highest priority by His Eminence Archbishop Demetrios. Behrakis said that the Faith Endowment “offered a new and fresh opportunity to advance our Orthodox faith and Hellenic heritage in a new American century and to future generations as a response to God and to the foundations laid by our forebears.”

The Faith Endowment was organized by 12 founding members, with a five-year program and tentative first-phase goal of raising $100 million from 50 founders, each pledging $1 million or more. The founders are George D. Behrakis of Lowell, Massachusetts, Nicholas J. Bouras of Summit, New Jersey, George Coumantaros of New York, Michael Jaharis of New York, Peter T. Kikis of New York, James H. Moshovitis of Washington, D.C., John G. Pappajohn of Des Moines, Iowa, John A. Payiavlas of Warren, Ohio, William and Regina Planes of Tarpon Springs, Florida, Alex G. Spanos of Stockton, California, and Angelo K. Tsakopoulos of Sacramento, California.

To date, approximately 32 million dollars has been pledged, including ten million from Alex Spanos, a renowned Greek American businessman and philanthropist from Stockton, California. Mr. Spanos, who is Chairman of Faith, expressed his confidence that the tentative goal of raising $100 million will certainly be surpassed.

Fr. Alex will be charged with identifying potential prospects and developing a program for reaching the goal of 50 Founders of the Faith Endowment.

Contact: Rev. Father Alex Karloutsos
Tel. (212) 774-0400

 

 

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