ENDOWMENTS

UBC’s financial future is linked to God’s provision through endowments. The goal of the endowment is to invest in ways that grow the endowment at a rate equal to, or above, the annual inflation rate. UBC can allocate the growth in specified funds to achieve both long and short-term goals by providing resources for current operations and non-budgeted needs.

 

The following are endowment funds that provide some of the support for UBC’s financial operations:

 
 

GENERAL COLLEGE ENDOWMENT

Provides resources for the general operation of the College. Normally, 5% of the value of the endowment will go toward the general operations of the College.

ENDOWMENT RESTRICTIONS

  1. The College will make every effort to avoid investments in companies, products, or services that are not in keeping with the College’s moral and spiritual convictions. Of special concern are investments related to alcohol, tobacco, gambling, and most areas of the entertainment industry.

  2. The College will seek a balanced, well-diversified portfolio of stocks and bonds that will produce both capital growth and income. The College’s overall portfolio and individual fund accounts will apply this philosophy. Within this framework, individual fund accounts will be invested to generate its specific requirements and objectives.

  3. The College will not invest in individual bonds below a BBB rating.

  4. Normally, the total portfolio of an individual fund or trust will not exceed 80% in equities and equity mutual funds.

  5. Normally, UBC investments will seek a rate of return equal to or better than a time-weighted composite of the S&P 500 or an appropriate corporate bond index.

 

ESTATE PLANNING

Estate planning is managing the resources the Lord has entrusted to you over a lifetime and using them to care for your family and for the Lord’s work. There are a variety of estate planning tools available to enable you to maximize the value of your resources.

 
Screen Shot 2019-12-12 at 2.23.32 PM.png

DON BATES JR.

If you would like to contact Wesley Bates Wealth Management you can click the link below to be in direct contact with them.

 

Several planned giving instruments are provided below.

 
 

WILLS

A well-planned will is an important consideration in the stewardship of your estate and the cornerstone of every successful estate plan. In addition to properly disposing of your possessions when you no longer need them, a will also enables you to recommend a guardian for your children and to appoint the executor of your choice. Don’t be one of the 71% of individuals who do not have a will. 

Email Lanae Whitaker to request a free booklet designed to help you collect the necessary information for your will.

  • Facebook
  • Twitter
  • LinkedIn

©2019 by Union Bible College. Proudly created with Wix.com