The future of Unity of Santa Barbara (UoSB) is bright with a gift to the endowment fund.
UoSB has a permanent endowment fund with the Santa Barbara Foundation, who manages the fund as part of their investment program. This is an opportunity that provides UoSB income annually to support the church, its programs, and plans. The investment strategy seeks to achieve long-term growth of the fund with a reasonable level of risk. Currently, UoSB can draw out 5 percent (annually) of the 12 quarter average market value of the fund. For example, a $200,000 fund provides about $10,000 in support each year.
As the endowment fund grows, each year the annual income will grow and the fund will provide more financial stability overtime. As such, it is an excellent option for donors looking to make deferred or larger gifts.
Gifts made to the UoSB Endowment Fund can take many forms. The Santa Barbara Foundation provides professional gift planning assistance for UoSB and its donors, facilitating gifts of all types including: