Planned giving is a wonderful way to support UUCS while making sound financial plans for you and your family. If you have any questions about planned giving, a member of our Endowment Team can help.
If you are considering a gift or bequest to the UUCS Endowment Fund, or if you have already planned for such a gift, please let us know, so that we may recognize your generosity and include you in our planning.
The Endowment Committee governed by a charter issued by the Board of Trustees of UUCS, provides stewardship over the funds in the endowment, encourages contributions, makes investments consistent with the goal of 6-8% return with moderate risk and socially responsible goals, reviews and makes distributions, and creates reports for the Board and the Congregation.
Contact: The Endowment Team
The UUCS Endowment consists of four funds, described below with individual buttons to make a gift. For more details, download the Planned Giving Brochure.
General Fund:
The General Fund exists to help offset future financial liabilities of the Congregation. Once it reaches $50,000 the Congregation may begin drawing from it (not to exceed 5% per year) to help finance regular operations.
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Building Fund:
The Building Fund may be used at any time by the Congregation for the purchase of capital assets including a building, chairs, tables, etc.
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Linda Nevitte Membership Fund:
The Linda Nevitte Membership Fund is dedicated solely to the encouragement and growth of membership at UUCS. This fund has reached $50,000 and is funding 5% per year to the Congregation for Membership related activities.
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Clarice Douoguih Music Endowment Fund:
- Distributions from the Music Fund may be used only for the enhancement and growth of the Music Program at the Unitarian Universalist Congregation of Sterling, subject to the limitations noted below:
- No distribution from the Music Fund is allowed unless the fund balance is at least $50,000 on June 30th immediately preceding a proposed distribution. In order to preserve the corpus of the fund, distributions will be limited to:
- the lesser of 5% of the Fund balance as of June 30,
- or any amount above $50,000 as of June 30.
- In addition to the distributions provided above, and upon the request of the Treasurer, the Committee may from time-to-time loan money from the Music Fund to the Church to help manage temporary cash-flow needs caused by month-to-month variations in the collection of pledges and other gifts. Interest will be charged in accordance with Section VIII above.
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