Many members of UUCWC, particularly newer members, may not be aware that the UUCWC has an Endowment Fund. It is, in essence, our savings account for the future. It provides for long-term financial security, allowing our community and mission to continue to prosper.
The Endowment is a restricted fund, completely separate from the annual operating budget of the church, with proceeds distributed only by the Endowment Committee.
Our funds are invested with the UUA Common Endowment Fund, which is a professionally managed, diversified fund that supports UU values through socially responsible investing. Each year, a portion of UUCWC’s Endowment Fund revenues (interest earned on the principal), if available, is dispersed through grants.
The Endowment Fund is used to support unique projects at UUCWC through grants to committees, groups or members for items and projects that enrich our lives and support UU principles, but are beyond the scope of the annual operating budget. In recent years, funds have been distributed to support special social action projects, install and enhance safety and security systems, enhance Religious Education programming, and study and implement energy efficiency projects.
In keeping with our designation as a Green Sanctuary by the UUA, the Endowment Fund provided a seven-year loan for the installation of the solar panels. The funds were returned in less than two years.
Consider making a donation to UUCWC’s Endowment Fund as a means of establishing your personal legacy and at the same time contributing to the overall strength and prosperity of our community. A gift may also be given in memory or honor of a loved one or to commemorate a special occasion, such as an anniversary or child dedication.
Your tax-deductible donation may be made payable to UUCWC with “Endowment” on the memo line.
Donations in any amount may be made at any time, either as an immediate gift or as a deferred charitable donation made through your will. If you have any questions, please feel free to contact Jim Erb, Endowment Committee Chair.