Endowment Board

The Board of Endowment is comprised of 6 members who oversee assets bequested by past members for purposes to ensure the continuance of our liberal faith. The Board meets quarterly to review the investment portfolio, asset allocation, church business relating to the endowment and the recognition of member-donors whose generosity is and was crucial to UUSP's continuity.  The trustees are elected for three-year terms and report to the congregation at the Annual Meeting.  Financial reports are provided monthly to the Board of Trustees.

Governed by a Trust document created in 1962 and a Statement of Investment Policy, the Endowment Board is charged to act as a fiduciary.  The value of the Endowment is derived from two sources:  bequests made by our members and investment returns garnered from the capital markets.  Our investment goals are threefold: to protect principal, to outpace inflation and to create capital appreciation.

The Endowment Fund has been created by the generosity of members across the decades who believe liberal religion has a place in St. Petersburg.  It is their legacy which we honor and want to endure.  There are several avenues available for members wanting to be a part of this legacy.   Please contact any of the Endowment Board trustees for more information.

Members

Kent Fanning, Chair
Teresa Kelly, Vice Chair
Sally Carville, Treasurer
Karen Frank, Recording Sectretary
Darren Stowe, Trustee
Andy Bragg, Trustee

Documents

Datesort icon Document Download
02/24/2020 Endowment Board Jan 15 2020 Minutes
application/pdf icon2020-02-24-endowment-board-jan-15-2020-minutes.pdf
02/24/2020 Endowment Board Oct 28, 2019 Minutes
application/pdf icon2020-02-24-endowment-board-oct-28-2019-minutes.pdf
02/10/2020 By Law Changes 3-1-20
application/pdf icon2020-02-10-law-changes-3-1-20.pdf
11/09/2019 Endowment Board Minutes, July 18, 2019
application/pdf icon2019-11-09-endowment-board-minutes-july-18-2019.pdf
04/30/2017 2017 Annual Meeting Packet
application/pdf icon2017-04-30-2017-annual-meeting-packet.pdf
06/25/2016 UU St. Pete Organizational Chart
application/pdf icon2016-06-25-uu-st-pete-organizational-chart.pdf
04/24/2016 2016 Annual Meeting Packet
application/pdf icon2016-04-24-2016-annual-meeting-packet.pdf
04/09/2015 2015 Annual Meeting Packet
application/pdf icon2015-04-09-2015-annual-meeting-packet.pdf
05/09/2014 2014 Annual Meeting Packet
application/pdf icon2014-05-09-2014-annual-meeting-packet.pdf
08/12/2009 UU St. Pete Organizational Chart
application/pdf icon2009-08-12-uu-st-pete-organizational-chart.pdf
01/12/2009 Endowment Report 12/31/08
application/pdf icon2009-01-12-endowment-report-123108.pdf
01/12/2009 Our Endowment Fund
application/pdf icon2009-01-12-our-endowment-fund.pdf