WUUC, in conjunction with the UUA Common Endowment Fund, invites you to contribute to long-term support of the mission of the church through contributions to the WUUC Endowment Fund. If you have any questions, or would like to meet with a member of the Endowment committee, please contact the church. You can email email@example.com or call 425-788-6044.
What is an Endowment?
The purpose of an endowment is to be a permanent fund for enhancing WUUC’s mission. An endowment can serve many significant purposes. It could be a source for short-term funding of an activity WUUC would not be able to fund otherwise, or a means to take advantage of unusual major opportunities for growth or service, or even as a source of financial backup in case of major emergency.
The Endowment’s monies are managed as part of the UUA’s Common Endowment Fund and the amount of money available is based on invested principal. The UUA’s Fund provides a diversified, socially responsible method of investing, with low administrative cost and professional management.
Contributions to the Endowment Fund can be made as part of planned giving, part of estate planning by designating WUUC as a beneficiary, or as a direct gift to WUUC designated for the endowment fund.
WUUC Endowment FAQs
Why should I contribute to the WUUC Endowment Fund?
Income from the fund can be used for special projects or programs that we would not otherwise be able to support. The principle could also be used in an emergency situation with the approval of the congregation.
What are the advantages of being part of the UUA Common Endowment?
The UUA’s fund already operates with carefully considered social responsibility guidelines, with a good track record for return on investment, and liquidity and security for our funds. Should the need arise, cash could be made rapidly available from previously invested funds.
Is there a minimum investment WUUC needs to get started?
Yes. We need a total of $8,000 in contributions in order to join the UUA’s Common Endowment Fund. Then, with a total of $250,000 invested, we can withdraw 5% per year.
Is there a minimum amount for a contribution?
No, any contribution amount is welcome.