3970 Northwest 21st Avenue
                                              Oakland Park, Florida 33309

                                              954-484-6734            
                                              email
uucfl@aol.com

 

© 2019 by Unitarian Universalist Congregation of Ft Lauderdale

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Investment Philosophy of the
Endowment Fund
at Unitarian Universalist Congregation of Fort Lauderdale (UUCFL)

Adopted 11/3/96

As Endowment Trustees, we recognize our fiduciary responsibility and consider safety a key factor in managing our investments.

We shall avoid investment instruments such as:
Commodities Real Estate
Limited Partnerships
Options
Derivatives

We look for a return equaling 5% of our total assets in dividends and interest. We plan to give this money away.

In addition, we look for capital appreciation that will keep the fund value ahead of inflation and provide for some growth.

We shall seek out investments that are either "neutral" or mesh with our own interpretation of "Social Responsibility."

We may avoid investments with more than a 10% interest in:
Tobacco
Gambling
Nuclear Power Weapons of War

We may avoid investments that have a documented negative impact upon: Our Environment
Personnel Policy
Women
Gay, Lesbian, Transgender or Bisexuals
Emerging Nations
Community Relations

We may invest in organizations that do good works, like our past CD with the South Shore Bank of Chicago that grants loans in "red- lined' neighborhoods.

For guidance in such "socially responsible investing," we may reference:

"Investing for Justice, Socially Responsible Investments for Unitarian Universalist Congregations," by David E. Provost & William J. Gardiner
of the Unitarian Universalist Association.

Another reference is Ethical Investing by Amy L. Domini and Peter D. Kinder, Addison-Wesley Publishing Company, 1986.

We welcome the suggestion of investments that we might find to be
"socially responsible."