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Pending Changes Concerning Investment Policy: UUA Governance Manual
At its October 2012 meeting, the Unitarian Universalist Association (UUA) Board of Trustees adopted the following motions that will take effect when a new limited liability company, the Unitarian Universalist Common Endowment Fund (UUCEF) LLC, assumes responsibility for the management of the Association’s endowment funds. For more information about this change, which is expected to occur during 2013, see the UUCEF What’s New page.
- Upon the completion of the transfer of the Association’s endowment assets to the UUCEF LLC, Section 2.8.4.D is amended as follows:
In the Endowment budget segment, the President shall follow the Endowment Spending Policy (Appendix 2.H) and shall provide any support necessary for the operation of the Unitarian Universalist Common Endowment Fund LLC.
- Upon the completion of the transfer of the Association’s endowment assets to the UUCEF LLC, Appendix 2.B (Investment Policy) is deleted.