endowment

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The Community Church of Chapel Hill Endowment Fund
//**Hello Members and Friends of the Community Church**//,

By a resolution adopted by the congregation on December 14, 2008 the Community Church Endowment Fund was established. The purpose of The Community Church's Endowment Fund is to enhance the mission of the church apart from the church's general operating funds and to enhance the congregation's and the church's long-term viability.

**What is the Community Church Endowment Fund?**

An endowment fund is typically:

"A transfer of money or property donated to an institution usually with the stipulation that it be invested, and the principal remain intact in perpetuity or for a defined time period."


 * For what purposes is the fund to be used?**

The fund can both extend our social justice impact and allow us to invest in the growth of our mission. After a vote by 2/3rds of the membership, it can be used for emergencies.


 * Do we have a goal for the size of the Endowment Fund?**

Yes, $ 10,000 is the starting goal to reach in order to fully set up the fund. Ultimately, we would like to grow that amount to $1 million in order to see substantial returns on our investment.


 * How may people contribute to the Community Church Endowment Fund?**

Contributions are accepted at any time. Typical gifts to the endowment fund are:
 * Bequests, in which a member or friend leaves a portion of their estate to the Community Church
 * Endowment Fund.
 * Current gifts of cash, securities or other property.
 * Memorial gifts, in honor of a significant event, or to honor an individual.
 * Gifts using Charitable Reminder Trusts, Charitable Gift Annuities, Donor Advised funds, or other planned gifts.


 * //If you are pl//****//anning a financial gift, and would like to remember the church in your will, please specify “The Endowment Fund of The Community Church of Chapel Hill, Unitarian Universalist, 106 Purefoy Rd., Chapel Hill, NC 27514” in your plans.//**


 * For more information and assistance, please contact one the of following Endowment Committee members:**


 * Kari Andrade - (919) 245-0303
 * Jay Miller - (919) 616-2190
 * Mary Beth Powell - (919) 967-0379
 * Frankie Price-Stern - (919) 945-0886

You may also send us an email message at the following email address endowment@c3huu.org.