Endowment Task Force Update: June 11, 2021
As you all have heard, the Board of Trustees and the Endowment Committee have formed a task force to improve processes for our Endowment. This is especially important given the size and recent growth of the Endowment Fund. We have now met several times and will continue to meet throughout the summer into the early fall.
We have begun by considering input from the congregation. Using our survey and comments we have received in emails from congregants, we have put together a list of about 90 issues to consider.
The issues raised fall into these general categories:
Endowment Committee Structure
Distribution of Funds
Solicitation and Fund Raising
Reporting
Structural Relationship to other UCE Committees/Leaders/Congregants
Legal Review
Powers/Responsibilities/Controls
Investments
Influence of White Supremacy Culture.
Our focus is around processes, controls and communication, and we hope to have recommendations for the Board of Trustees and the Endowment Trustees in the fall. Questions or comments? Please email me at Romeo.Joe@gmail.com.