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UCF Board Votes to Change Name

"United Church Funds" is the new name that the United Church Foundation will use to market its Common Investment Funds after July 1, 2009. The UCF Board of Directors ordered the change after the results from six regional focus groups were compiled and evaluated. "It was very clear," said Donald Hart, President of the UCF, "that both current and prospective investors considered the new name much more expressive of the Foundation's work and mission overall."

The word "Foundation" in the organization's legal name will not change, but it implies that we have a "grant making" function, which we do not. What we do have are nine Common Investment Funds. These funds provide UCC entities to benefit from participating in the UCC's national endowment fund management program. They offer investor organizations in the UCC with a low cost, best-practices investment management service that strives to be consistent with UCC standards of moral and social responsibility.

The new name will be rolled out prominently at General Synod, at the end of June, and will become official on July 1, 2009, the beginning of the Foundation's 100th Anniversary Centennial Year observances.

For more information about the nine United Church Funds offered , contact by email at info@ucfoundation.org.

 

 

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What makes the United Church Foundation different from other investment alternatives?

Risk Avoidance -- UCF reduces speculative risk by diversifying broadly across all economic sectors.

Low Cost -- UCF expenses begin at 0.10% and are generally about one-third to one-half of the cost of comparable actively managed socially responsible mutual funds.

Corporate Social Responsibility -- UCF investments support actions taken by the General Synod to make the world better for all.

Performance -- UCF Investment performance compares with market averages without exploiting addictions to alcohol, gambling or tobacco.

 
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