Endowment Fund Restrictions
Aug 12, 2006

The UUFLG Endowment Fund consists of three restricted funds and one unrestricted fund. The restricted funds are a bequest from Edgar Crane, a deceased member. The unrestricted fund is from both Edgar Crane and Lyda Kruzek, a currently active member. The principal for all of these funds is invested in the UUA Endowment Fund. 5% of the balance of each fund, as of July 1 of each year, is returned to UUFLG for distribution as income in accordance with the following restrictions:

Partner Church Fund

Up to $250 may be used to match contributions received from members, the public or designated in the current UUFLG budget to be sent to the UUFLG Partner Church in Transylvania.

Any remaining funds may be used to match contributions received to encourage the attendance of UUFLG members at the annual UU General Assembly.

Any funds remaining from the above two allocations may be distributed as directed by the Social Justice Committee.

Funds not earmarked for distribution by October 1 of each year will be returned to the UUA Endowment Fund to be added to principal.

Central American Children Fund

The funds may be used to match contributions received to be donated to support individual children in Central America.

Any remaining funds from the above allocation may be distributed as directed by the Social Justice Committee.

Funds not earmarked for distribution by October 1 of each year will be returned to the UUA Endowment Fund to be added to principal.

Community College Grants and Loans Fund

The funds may be used to match contributions received to provide grants and loans to UUFLG members attending a community college.

Any remaining funds from the above allocation may be distributed as directed by the Social Justice Committee.

Funds not earmarked for distribution by October 1 of each year will be returned to the UUA Endowment Fund to be added to principal.

Unrestricted Fund

The funds may be used for any purpose consistent with the Mission Statement of the Fellowship.

The funds may not be used for expenses currently budgeted for.

Funds not distributed during one fiscal year may be accumulated for distribution in a later fiscal year.