Lasso fund

In 1850 the Orthodox bishop of Korçë, Neophytus, decided to create a special community fund in order to safeguard the various donations and bequests from the Orthodox diaspora of the city and to ensure that they would be properly disposed for educational and cultural purposes. According to article 2 of the fund's statute the primary objective of Lasso fund was: Its harmonious management was presented as a basic duty of the community. In 1875, the "General Regulations of the Common Foundation of the Town Korytsa (Korçë)" were drafted and put into effect the next year. Under these all bequest and donations were taken under the responsibility of the Lasso fund. The general organization of the Lasso was reminiscent to the English trusts law of that time. ==Significant contributors==

This initiative resulted in the increase of cultural activity in Korçë, especially in the foundation of Orthodox schools, as well the erection of other public welfare institutions such as churches, pharmacies and hostels. Among the benefactors that contributed to the Lasso fund was Georgios Pagkas, who supported it with considerable sums. ==References==