Endowment Review Project (ERP) Update

Finance Chalice

Over the past few weeks, the Endowment Review Project team has been meeting regularly to undertake a comprehensive review of the SUUS Endowment Bylaws. We have established and implemented a workplan to analyze the Bylaws from several perspectives, including:

· a review of archival documents pertaining to the Endowment creation and management

· an analysis of endowment “best practices,” including discussion with an external endowment expert

· detailed dissection of the current bylaws

Our goal is to present our recommendations to the Congregation in Fall 2021. These recommendations will focus on the structure and governance of the Endowment, along with categories of appropriate use of Endowment funds. The ERP team will not be recommending any specific spending activities and amounts.

As part of our review, we will soon be reaching out to members of the congregation to get their thoughts on the Endowment and its bylaws. If you are interested in sharing your thoughts with us, or if you have any questions, please contact Gary Feder, the Project Leader, at feder.gary@gmail.com.

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