The Endowment Committee manages Cedar Lane’s Endowment Fund and related assets, including designated funds like the General Endowment and Building Maintenance Fund. The committee ensures responsible investment and use of these resources, supporting long-term sustainability and alignment with our mission and values.
As a standing committee of the board, the endowment committee is responsible for all matters pertaining to the management and administration of the Cedar Lane Endowment Fund.
Responsibilities
- Stewardship and investment of assets
- Maintenance of appropriate records
- Provision of financial information and advice to the Board
- Designating funds for annual use by the congregation.
The committee is also responsible for the investment of other funds that the Board has placed in the committee’s investment pool. The committee’s responsibilities with respect to such other funds are limited to stewardship, investment, and value tracking.
Involvement Opportunities
Do you have a working knowledge of publicly traded stocks, bonds, and mutual funds? The endowment committee may be the right place for you.
When considering candidates, we consider your skills, availability, commitment to Cedar Lane, and the diversity of the membership.
The committee generally seeks new members to begin in the fall.
All committee members must be members or pledging friends of Cedar Lane in good standing.