UUA's Investment Fund Gets a New Name

In Treasurer Tim Brennan’s Plenary Address (PDF, 9 pages) to the 2008 General Assembly, he announced that the Unitarian Universalist Association’s (UUA’s) investment fund had a new name—the Unitarian Universalist Common Endowment Fund. Brennan said that the new name more accurately characterizes the Fund as a shared resource available to all Unitarian Universalist (UU) congregations and organizations.

Formerly known as the General Investment Fund, the UU Common Endowment Fund (or "UUCEF") is a professionally managed, diversified investment fund, offered by the Unitarian Universalist Association to manage the assets of congregations, districts and other UU-related organizations. Established in 1962 as a common investment fund, assets of the UUCEF are currently held in U.S. and international equities, domestic and global fixed income securities, and other holdings intended to provide broad diversification.

The Fund brings investors an added dimension—an active program of Socially Responsible Investing (SRI), which consists of making investment decisions that reflect UU values and contribute to positive social and environmental change. The Fund's SRI goals are realized by work in four areas: shareholder activism, proxy voting, community investing, and investment screening.

Congregations wishing more information about the UUCEF may contact UUA staff or learn more from the UUA Endowment Fund website.

Contact:

• Treasurer
  (617) 948-4305
  treasurer @ uua.org
   
• Endowment Funds Manager
  (617) 948-6411
  endowment @ uua