A summary of the Foundation's Funds Description Statement is provided below. Click here to see the Foundation's full Funds Description Statement document which describes each of the Foundation's nine Common Investment Funds. (If you need the Adobe reader software, first click on the Adobe icon on the right.)

Funds Description Statement Summary

The United Church Foundation, Inc. (“Foundation”) is a Connecticut not-for-profit corporation and is identified as an associated ministry of the United Church of Christ (“UCC”).

The Foundation was originally organized to administer the Pilgrim Memorial Fund for the benefit of The Pension Boards—United Church of Christ. The Foundation’s charter also authorizes it to receive and administer cash and property transferred to it by UCC Entities (as hereinafter defined) and commingled for the collective investment and reinvestment thereof.

Only a UCC Entity is eligible to participate in one of the Foundation’s Funds. A UCC Entity is any legally constituted entity that is qualified as tax exempt under the Internal Revenue Code and is also a congregation, association, conference, ministry or other institution affiliated with the United Church of Christ, including but not limited to the Foundation, or any trust, gift annuity fund or pooled income fund established in whole or in part for the benefit of a UCC-related entity.

The Foundation manages separate investment Funds. Each Fund has stated investment goals and objectives and is separately accounted for and segregated. Presently, there are nine established Funds in which a UCC entity may participate, designated as follows:

• UCF CASH & EQUIVALENT FUND
• UCF FIXED-INCOME FUND
• UCF DOMESTIC CORE EQUITY FUND
• UCF SMALL CAP EQUITY FUND
• UCF INTERNATIONAL EQUITY FUND
• UCF EQUITY FUND
• UCF CONSERVATIVE BALANCED FUND
• UCF MODERATE BALANCED FUND
• UCF AGGRESSIVE BALANCED FUND

A description of each Fund and its stated investment goals and objectives are more fully described in this document.

In accordance with the Philanthropy Protection Act of 1995, the Foundation and these Funds are not subject to registration, regulation, or reporting under the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, or state securities laws. Therefore, participants will not be afforded the protections of those provisions.

No person has been authorized to give any information or to make any representations in connection with participation in any of the Foundation’s Funds other than those contained in this Funds Description Statement, and if given or made, such information or representations must not be relied upon as having been made or authorized by the Foundation Participation in the Foundation’s Funds is subject to certain investment risks and disclaimers.

Full Funds Description Statement