I. Introduction
Cemeteries are a place of final rest for our loved ones who have passed away. However, cemeteries themselves are not resting as they need to be maintained. Understanding how cemeteries make money is paramount to keep them running, so they can continue to provide a lasting resting place for our loved ones. That is why in this article, we will explore the different ways cemeteries make money and why it is important to know.
II. Selling Burial Plots
One of the most apparent ways that cemeteries make money is by selling burial plots. A burial plot is a piece of land where the deceased is buried, and the family can select a casket or have a simple grave without a casket. The price of a burial plot varies according to the location of the cemetery, the size of the plot, and the type of burial.
For instance, cemeteries that are located in prime locations with excellent scenic views would cost more than those in less desirable areas. Likewise, burial plots that cater to multiple burials in the same area tend to be cost-effective compared to those that accommodate individual graves.
III. Grave Markers and Memorial Services
Another way that cemeteries make money is through providing grave markers and memorial services to the families. A grave marker is a stone that indicates the name, date of birth, and date of death of the deceased person. Memorial services are the ceremonies conducted at the time of burial, with or without religious affiliation.
By offering these services, cemeteries can generate additional revenue while providing comfort to the bereaved families. The cost of the grave marker and memorial services varies according to the material used, design, and size of the grave marker. Furthermore, memorial services can be customized depending on the family’s request and cultural practices.
IV. Donations and Bequests
Cemeteries also generate revenue from donations and bequests. While this isn’t a guaranteed income source, bequests and donations provide substantial support for the maintenance and upkeep of the cemetery.
Bequests are gifts made through the will of a deceased person, while donations are voluntary contributions made by the living. Cemeteries can also receive grants from local government and other agencies to support their operations.
V. Endowments
Endowments available to a cemetery are another way cemeteries can generate revenue. An endowment is a fund set up to support the ongoing upkeep of the cemetery. The principal amount of the endowment is invested, with the investment proceeds being used for maintenance and repairs.
By setting up an endowment, cemeteries can ensure that the future maintenance and upkeep of the cemetery are well provided, without relying on income from selling burial plots continuously. Existing endowment funds can help attract new burials to the cemetery, as it shows that the cemetery has a continuous source of revenue for future upkeep.
VI. Mausoleums and Crypts
Cemeteries can also generate revenue from selling above-ground interment structures such as mausoleums and crypts. Mausoleums are building structures above ground that contain interment spaces or crypts for individual burials.
Crypts are interment spaces within a mausoleum that can accommodate multiple burials while taking up less space than individual graves. Mausoleums are usually more expensive than cemetery plots, but they offer a lasting memorial for families who prefer above-ground interment structures.
VII. Funeral and Cremation Services
Cemeteries can offer funeral and cremation services for families who prefer a complete service in one location. By providing these services, cemeteries can generate revenue while offering convenience to the bereaved families.
Having end-of-life services at the cemetery is beneficial as it can provide a place where the deceased can be laid to rest, leading to a meaningful memorial service. Funeral and cremation services are customizable to fit the deceased’s religious and cultural practices.
VIII. Tours and Events
Cemeteries can also generate revenue by offering tours and events to the public. Educational tours and events held at the cemetery can attract visitors and provide insight into the history, architecture, and art found in cemeteries.
Examples of tours and events offered by cemeteries include photography courses, guided walking tours, and Halloween events, among others.
IX. Conclusion
In conclusion, understanding how cemeteries make money is crucial for their upkeep so that they can continue to provide a place of final rest for our loved ones. Cemeteries make money through selling burial plots, grave markers, memorial services, endowments, mausoleums, and crypts. Additionally, donations and bequests and offering funeral and cremation services can help generate revenue. Offering tours and events that raise awareness of the cemetery’s role in our cultural heritage can also contribute to revenue.
We urge everyone to support local cemeteries by visiting them, taking part in their events and tours, and contributing to their upkeep. Remember, taking care of our cemeteries is not just for the deceased, but also for the living to keep the memories alive for generations to come.
