The UUCF Endowment Fund was initiated in 1994 to create a source of funds that support the long-term strategic aims of the congregation. Over time, the fund has provided seed money for social justice projects and purchased specific items the congregation could not cover through the annual operating fund. The fund is separate from the annual operating fund, capital campaigns or any other special fund maintained at UUCF. It is a permanent, principal-restricted, distributable income fund managed by the UUCF Board of Directors and invested with the Unitarian Universalist Association’s (UUA) Common Endowment Fund. Income from the fund is used for UUCF member and committee-initiated grants and projects that enhance the purpose and strategic goals of the congregation apart from its general operation, including projects that promote social justice, strengthen UUCF’s mission or meet unanticipated essential needs of the congregation.
At the June 2022 UUCF Annual Meeting, the congregation voted to dissolve the Endowment Committee that had previously administered the Endowment Fund and instead have the Endowment Fund administered by the Board of Directors. The board adopted a policy in September 2022 for the administration of the Endowment Fund.