Endowment

Endowment

Legacy Bricks

Collage of engraved legacy bricks from the courtyard.
These legacy bricks have been part of OCUUC since the church was on Victoria Street.

Thank you to everyone who supported the Endowment Fund with your brick purchase! We expect to be able to install the bricks and have a celebration this fall. We're looking forward to seeing your legacy messages literally become part of the fabric of our church.

History

Our Endowment Fund was originally created with a member bequest of about $30,000, and shortly after that expanded significantly with the bequest from Al and Eula Daniels, who left their entire estate to OCUUC.

By 1986 Al and Eula Daniels were long term and very active members of OCUUC. They had a special place in their hearts for their church, and their bequest of $350,000 was added to our Endowment Fund in the late 1990s when Eula passed away. Daniels Hall is named in appreciation of their love for and commitment to our congregation.

There have been several smaller additions to our Endowment Fund since the Daniels’ bequest, often as we are generously remembered in a member or friend’s will. All bequests over $1,000 are invested in our Endowment Fund unless otherwise stipulated by the will.

In 2013, the congregation voted to put our money into the UUA Common Endowment Fund, or UUCEF, and that's where most of our money is today. The fund is diversified, professionally managed and promotes our UU values through its socially and environmentally responsible investments. The financial objectives for the managers of the fund are to maintain and increase the purchasing power while moderating risk.

Stewards

The Stewards, who are elected by the Members, oversee our Endowment Fund. If you have questions or want to talk about contributing to the OCUUC Endowment Fund, reach out to the stewards at stewards@ocuuc.org.