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 like the Reach Campaign or any other special fund maintained at UUCF. It is a permanent, principal-restricted, distributable income fund managed by the Endowment Fund Committee and invested with the Unitarian Universalist Association’s (UUA) Common Endowment Fund. The fund is used for UUCF member and committee-initiated projects and other needs apart from normal operations.
- Endowment Fund Committee
- Donate to the Endowment Funds
- Endowment Fund Grant Processing Procedures
- UUCF Endowment Fund Grant Request form – online version
- Endowment Fund bequest form – fillable PDF version (Note: Please save the form to your desktop before filling it out.)
Endowment Fund FAQs
Q: How much money is disbursed each year?
A: The Endowment Fund Committee administers the fund and the grant process. Each year, a formula is used to calculate the total amount that may be removed from the Endowment Fund and used to provide grants. The formula protects the principal of the fund, adjusts for inflation and ensures there is no spike or drop in grants from year to year.
Q: How can I get money for my idea? What is the grant process?
A: The Endowment Fund Committee follows a written policy to determine which grant requests best support the strategic goals of the congregation. The grant process begins in the fall to allow the grants to be used during the congregational year. The UUCF Board of Directors makes the final decision on grants based on the recommendations of the Endowment Fund Committee. Click here for the grant process. To request a grant, click here.
Q: How can I make a donation to the Endowment Fund?
A: Donations to the Endowment Fund can be made by a direct cash, check or stock donation or through a bequest to the Endowment Fund through your will or trust. If you make a bequest, please complete a bequest form so UUCF is aware of this future gift.
Q: How does a gift to the Endowment Fund grow over time and how are the funds invested?
A: All UUCF Endowment Fund monies are invested in the UUA Common Endowment Fund (UUCEF) which is a professionally managed, diversified fund that seeks current income and long-term growth while investing in a socially responsible way. The fund is focused on socially responsible investing, which consists of making investment decisions that reflect UU values and contribute to positive social and environmental change.
Q: Who can I contact for more information?