The Unitarian Universalist Common Endowment Fund (UUCEF) is available for the investment of endowment funds, trust funds, and other assets of congregations that have a long-term investment perspective and the need for income to support their missions. Formerly known as the General Investment Fund, the Common Endowment Fund received its new name in June 2008.
The UUCEF is an alternative for Unitarian Universalist (UU) congregations that currently manage or direct the investment of their own assets. The Fund is more than a single investment option; it is an investment program, which implements a range of key tasks that may be challenging (and costly) for any single congregation to perform on its own. Under oversight of the Unitarian Universalist Association (UUA) Board of Trustees, the Investment Committee selects professional outside advisors and investment managers utilizing criteria set forth in the UUA investment policies (PDF).
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.