Endowment

Purpose

Our Endowment Fund, founded in 1987, provides an opportunity for
members and friends of the church to make monetary gifts and bequests
of property or stocks in appreciation of the blessings and bounty
bestowed upon them to be used to enhance the future well-being of the
church.

The Endowment Committee has chosen to hold the fund with the
Unitarian Universalist of America Common Fund, where investments
reflect most closely our Unitarian Universalist values.

Uses and Restrictions

The bylaws provide that the Committee shall invest and reinvest gifts
received, and shall disburse up to 2% of the principal for REACH
grants annually.  In addition, other grants or loans are allowed with
approval of the Endowment Committee, Board of Trustees, and a majority
of the Congregation.  It’s important to note that funds are
restricted, and are intended to supplement, not replace church general
fund budgeted expenditures.  The Endowment Committee acknowledges the
fiscal responsibility to grow the fund for the long-term stability and
benefit of the church.

Oversight of our fund investments is carried out according to the
Endowment Fund by-laws.

Giving

We’d be honored to put your generosity to work! There are several ways to support the Endowment Fund:

• A one-time or recurring cash contribution – You may donate online; please select Endowment in the Fund drop-down box. If you prefer to send a check, please be sure to indicate Endowment Fund in the note section of the check.
• A donation of stock or other investment asset – please contact us.
• A legacy gift in your will or from a trust or IRA  – please contact us.

Please let our Endowment Committee know if you’ve made a cash contribution as a memorial gift, for another occasion, or just because you love the church. We want to be able to acknowledge your generosity.

If you have questions or, even better, if you would like to make a planned gift, please reach out to us.

REACH Grants (Radical Engagement And Creative Happenings) are an ongoing way for our Endowment Fund to support our church’s mission. Each year, up to 2% of the principal value of the Endowment Fund may be tapped to support projects outside of our annually budgeted expenses.

Any member or church group may apply for a REACH grant. The funds are often used for such things as equipment purchases, educational opportunities or community outreach.

Grant applications can be made year round and submitted to our Endowment Committee. Applications are reviewed by the committee and the awards are announced in a timely manner. Check out the REACH Grant Application to get started!