The Church, being the body of Christ in the world, is responsible for the material well-being of the souls entrusted to her care. As an institution in this world, but not of the world, she must carefully balance the spiritual needs of her flock against the material necessities required to advance the Gospel of Jesus Christ in the world. To this end, the Department of Finance is charged with maintaining the material well being of the Archdiocese of America so that it may flourish as an icon of God’s plenty and mercy.
The Department of Finance is responsible for the oversight of all financial matters of the Archdiocese. Its constant task is to oversee all the institutions of the Archdiocese and the Metropolises that comprise the Greek Orthodox Church in America. The Department effects the will of the Archbishop and the Archdiocesan Council in fiduciary matters. It advises and assists persons and institutions in the Archdiocese on matters relating to accounting, as well as fiscal health and responsibility.
The Department also coordinates an extensive year-end financial audit of the Archdiocese as well as Archdiocese institutions and affiliates. The financial statements of the Archdiocese, its institutions and affiliates, are audited annually by one of the world’s largest independent accounting firms.