The Community Church of Chapel Hill Unitarian Universalist
c3hoffice@gmail.com
(919) 942-2050
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Picture


What is the Endowment Fund?


What is the
Endowment Fund?

The Endowment Fund was authorized by a resolution adopted by the congregation on December 14, 2008. Its purpose is to support the mission of the church both Within and Beyond These Walls, through special projects funded outside the limits of our annual operating budget.

How is our fund managed?

The Endowment Fund is managed by the Endowment Committee, a committee elected by the members of the congregation at the church's Annual Meeting.  Approximately 3% of the fund’s corpus can be awarded each year to support projects that can enhance the mission of the church.  The committee, in consultation with the Board of Trustees, determines the best way to manage and disburse the assets of the fund.

The Endowment Fund Resolution and Plan of Operation can be found here, its Fund Distribution Policy here, and its Grants Management Procedure here.

The fund is currently invested with the Unitarian Universalist Common Endowment Fund, whose mission is to provide a strong portfolio that also reflects the values and goals of socially responsible investing.

How has our fund been growing?

Picture
Our fund has grown from $100,000  ten years ago to over $300,000 today, as you can see from the above chart:

What is our goal for the size of the Endowment Fund?

The Endowment Fund gives back to the church through the application of annual returns on our principle investment to projects that further the church's mission.  Although we have been able to obtain healthy returns for our fund due to prudent investments, the current fund level means that these returns are still only able to make a minor impact on this.  One of the principle goals of the Endowment Committee is to substantially increase the Endowment Fund principle through estate and other gifts by our members and friends. 

To give you an idea of the scope of this, each one million dollar increase in the Endowment Fund allows us to apply $30,000 each year to projects that further this mission.  You can envision the kinds of changes Community Church can make within and beyond our walls when we have this level of funding each year.

As a start, the goal of the Endowment Committee is to move the balance of the fund through the $1,000,000 mark.  This will insure that the fund can make a significant impact on the congregation’s priorities long into the future. 

Interested in Learning More about Contributing to the Endowment Fund?

See Contributing to the Endowment Fund, or visit our Endowment Committee webpage.
Return to Endowment Homepage
  • Home
  • Worship and Arts
    • Upcoming Services & Schedule
    • Most Recent Service
    • Recordings of Past Services >
      • Recording of Past Services
      • Wednesday Vespers
      • Sermon Archive Prior to March 2020
    • Music Ministry >
      • Community Church Choir
      • 2021 Virtual Music Gala
      • 2020 Virtual Music Gala
      • Virtual Worship Music
      • Music Program
      • As You Like It
      • Community Church Singers
      • Children's Choir
      • Youth Music Ensemble
      • UUkes
      • Instrumentalists
      • Music Team
      • Music Gala
      • Musicals
      • Pageants
      • Choir Sundays
      • Concert Series
    • Art at Community Church >
      • Art in the Sanctuary >
        • Upcoming Art Exhibits
      • Art in the Commons
      • Past Art Exhibits
  • Newcomers
    • Welcome
    • What to Expect When You Visit
    • Visiting with Children and Youth
    • Map and Directions
    • The Path to Membership
    • How to Connect
  • About Us
    • Building Use Policy
    • Contact Us
    • Our Minister
    • Our Staff
    • Our Governance >
      • Our Board of Trustees
      • Board Nominees 2022
      • 2020 Board
      • Congregational Meeting Documents 2019
      • Our Covenant
      • Our Mission and Vision
      • Our Strategic Plan
      • Our Bylaws
      • Social Media Policy
      • More About Our Governance
    • Committees and Ministries >
      • Caring Ministry
      • Living Our Covenant with Intention
      • Endowment Committee
      • Committee on Ministry
      • Finance Committee >
        • Sunday Counters
      • Worship Ministry
    • Our History >
      • Congregational Award Recipients
    • About Unitarian Universalism >
      • The Unitarian Universalist Association (UUA)
      • Our Beliefs
      • Unitarian Universalist History
      • Southeast District of the UUA >
        • Building On Our Legacy Capital Fund
    • Stewardship >
      • Annual Pledge Drive
      • The Endowment Fund: Supporting the Future of Our Congregational Mission >
        • Proposing a Project
        • Contribute to the Fund
        • Past Projects
        • What is the Fund
      • Qualified Charitable Distributions
  • Youth and Children
    • Ready for RE, a visual guide
    • Summer Offerings for Children and Youth
    • About Youth and Children's Ministry At The Community Church >
      • Program Philosophy
      • Helping Children and Youth Connect at Church
      • Parent Expectations
      • Program Leadership
    • COVID Precautions
    • Registration and Parent Cooperative >
      • Registration
      • Parent Cooperative Information
      • Parent Cooperative Requirement
    • Children's Program
    • Youth Program >
      • Sunday Programs for youth
      • Coming of Age
      • Bridging
    • Sarah Elizabeth Insch Church Youth Leadership Program >
      • Insch Program Description
      • Insch Associates
      • Insch Program Application
    • Youth Staff Internship Program >
      • Insch Program History
    • Our Whole Lives (OWL) Sexuality Education
    • Chalice Camp 2022
  • Justice and Service
    • Ongoing Racial Equity Work
    • Racial Equity Challenges
    • Charles M. Jones Peace & Justice Committee
    • Community Service Ministry
    • ECO
    • Habitat For Humanity Outreach
    • Immigrant Justice Initiative
    • Share the Plate
    • Side with Love Ministry >
      • Side with Love Spotlight
      • Side with Love Concerts
  • Learning and Fellowship
    • Welcoming Ministry
    • 20s and 30s Group
    • Annual Fall Auction >
      • Auction Resources
    • Community Church in Action >
      • Community Day of Service 2023
      • Community Day of Service 2022 Photos
      • Community Day of Service 2022
      • Community Day of Service 2020 Photos
      • Community Day of Service 2019 Photos
    • Community Clickers >
      • Patterns and Instructions
      • Community Clickers - 2023 Projects
      • Community Clickers - 2022 Projects
      • Community Clickers - 2021 Projects
      • Community Clickers - 2020 Projects
      • Community Clickers - 2019 Projects
      • Community Clickers - 2018 Projects
      • Community Clickers - 2017 Projects
      • Community Clickers - 2016 Projects
    • Chalice Circles/Small Group Ministry
    • Flaming Chalices Softball
    • Outdoor Connections
    • Rare Women >
      • Housing Options as We Age
      • Resources for Rare Women
    • Sanctuary for Dialogue
    • Spiritual Exploration for Adults (SEA) >
      • Past SEA Classes and Programs
      • SEA Pilgrimage Class
    • UNC Campus Fellowship
    • UU Non-Fiction Readers
    • WomenCircle
  • Donate Now
  • Flower Communion