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

Darren Stowe, Chair
Kent Fanning, Vice Chair
Nancy Clark, Treasurer
Karen Frank, Secretary
Barbara Rowell, Member
Teresa Kelly, Member

Documents

Datesort icon Document Download
01/12/2009 Endowment Report 12/31/08
01/12/2009 Our Endowment Fund
08/12/2009 UU St. Pete Organizational Chart
05/09/2014 2014 Annual Meeting Packet
04/09/2015 2015 Annual Meeting Packet
04/24/2016 2016 Annual Meeting Packet
06/25/2016 UU St. Pete Organizational Chart