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Annunciation Investment Fund (AIF)

Definition & Purpose

The Annunciation Investment Fund (AIF) is a fund of professionally managed parishioner contributions that is segregated from the Annunciation Church's operating funds. It is not to be used for day to day operations, salaries, or other items that should normally be funded by the Parish budget.

The AlF exists to provide members of the Annunciation Greek Orthodox community of Dayton, Ohio a way to financially support the charitable, religious, Orthodox Christian-based cultural, and educational goals of the Church.

MDSC Scholarship

The Annunciation Investment Fund has for many years has supported sending the youth of our Parish to Metropolis of Detroit Summer Camp by providing transportation and paying portion of the camp fee. The AIF will now offer an opportunity to earn up to full camp expense based on Catechism school attendance.  The details are below: 

Metropolis of Detroit Summer Camp Scholarship AIF Vesting Program


All campers will receive a predetermined base amount as calculated by the Annunciation Investment Fund in accordance with the rubric below.


Parent(s) who are members in good standing for 5 years - 100% of total scholarship
Parent(s) who are members in good standing for 4 years - 80% of total scholarship
Parent(s) who are members in good standing for 3 years - 60% of total scholarship
Parent(s) who are members in good standing for 2 years - 40% of total scholarship
Parent(s) who are members in good standing for 1 years - 20% of total scholarship


If available, additional reimbursement up to the full expense of the MDSC camp will be distributed based on:


Candidates achieving 80% Catechism School attendance = 100% reimbursement in this category
Candidates achieving 60% Catechism School attendance = 75% reimbursement in this category
Candidates achieving 40% Catechism School attendance = 50% reimbursement in this category
Candidates achieving 20% Catechism School attendance = 25% reimbursement in this category

 

*For shared custody agreements, these attendance values will be prorated.
*Members in good standing as defined by the Annunciation Greek Orthodox Church Uniform Parish Regulations and ultimately at the discretion of AIF.
*Disbursement will be at the ultimate discretion of the AIF.

Important Documents

Contact

 

For more information or questions, email aif@daytonannunciation.org.

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