Unitarian Universalist Fellowship of Poughkeepsie logoUnitarian Universalist Fellowship of Poughkeepsie logoUnitarian Universalist Fellowship of Poughkeepsie logo

About us

Endowment Fund


The Unitarian Universalist Fellowship of Poughkeepsie Endowment Fund was established in 1997, as a special investment account to be, as June Gillespie (a UUFP founder), wrote “…an excellent vehicle for assuring the future stability of this Fellowship which is so important a part of our lives...”

Opportunities to give are many, with varied levels of complexities. For help understanding options, contact the UUFP office at 845.471.6580, one of the Endowment Fund Committee Members will call you back to answer questions and, if appropriate, provide the names of three local attorneys expert in this type of giving, thank you. --Endowment Fund Committee

Click here for a Printable PDF version of the Declaration of Intent/Commitment Form to complete

For a PDF Version of "Intent of the Founders", click here

Please keep scrolling down and continue reading


A planned gift to the Unitarian Universalist Fellowship of Poughkeepsie Endowment Fund is an especially meaningful way to help ensure a bright future for Unitarian Universalist Fellowship of Poughkeepsie. The most rewarding part of planned giving is knowing that you can make truly wonderful things happen in the future with the resources you have accumulated during your lifetime. Additionally, some planned gifts include a provision for you, or someone you designate, to receive funds during your lifetime.

Through your will and estate planning you have the satisfaction of deciding exactly how and where to give, knowing that your gifts will continue to support your personal priorities.

See this informed video produced by Len Marcus:

https://youtu.be/TaVTmWzwNaw

Planned Giving Is Smart Investing

When you invest in Unitarian Universalist Fellowship of Poughkeepsie by planning a gift through the Unitarian Universalist Fellowship of Poughkeepsie Endowment Fund,

you may receive the benefits of:

A reduction of income and estate taxes;

Avoidance of long term capital gains;

An effective rate of return;

A potential increase in income for you, your family and/or another beneficiary;

And, with every estate gift you make you:

Leave a lasting and important legacy for future generations of Unitarian Universalist Fellowship of Poughkeepsie congregants and the community at large.

How to Make a Gift by Will or via Trust

Making a gift by will is easy. What follows are guidelines and suggestions for naming the Unitarian Universalist Fellowship of Poughkeepsie to receive a gift from you through your Last Will and Testament or Revocable Trust. Here you will find basic information about different kinds of estate gifts, including sample language you may use in your legal documents. Most of this information may be used to make a gift through a family trust, a life insurance policy, or an individual retirement account.

Consider letting us know that you have included a gift to the Fellowship Endowment Fund in your estate plans. Your example may encourage others to join suit and provide for the future of our liberal religion.

Suggested Bequest Language

Please share the following suggested bequest language with your attorney to assist in drafting a will or codicil that will achieve your charitable estate plans.

General Bequest

I give all my real and personal property to the Unitarian Universalist Fellowship of Poughkeepsie, a New York charitable corporation located at 67 South Randolph Avenue, Poughkeepsie, NY 12601, for Endowment Fund unrestricted use.

Specific Bequest

I give _____ [$ amount, description of property, or % of estate] to the Unitarian Universalist Fellowship of Poughkeepsie, a New York charitable corporation located at 67 South Randolph Avenue, Poughkeepsie, NY 12601, for Endowment Fund unrestricted use.

Residuary Bequest

I give all [or _____ %] of my remaining assets of any kind to the Unitarian Universalist Fellowship of Poughkeepsie, a New York charitable corporation located at 67 South Randolph Avenue, Poughkeepsie, NY 12601, for Endowment Fund unrestricted use.

Restricted Bequest to the Permanent Endowment

I give _____ [$ amount, description of property, or % of estate] to the Endowment Fund of the Unitarian Universalist Fellowship of Poughkeepsie, a New York charitable corporation located at 67 South Randolph Avenue, Poughkeepsie, NY 12601, for its unrestricted use, to be invested according to the policies adopted by its Board of Trustees, income only to be used for the general purposes of the Fellowship [or for a specific purpose].

Restricted Bequest for Specific Purpose

I give _____ [$ amount, description of property, or % of estate] to the Unitarian Universalist Fellowship of Poughkeepsie, a New York charitable corporation located at 67 South Randolph Avenue, Poughkeepsie, NY 12601, for its restricted to _____ [describe or name of program]. If at any time in the judgment of the Board of Trustees it is deemed impossible or impracticable to carry out the above purpose, the Trustees shall determine a purpose as near as possible to that described above.

General / Specific Bequests

Like other sorts of gifts, bequests can be given for general or specific purposes and uses.

A Bequest for General Purposes

This type of bequest is especially appreciated because it can be put to use where there is greatest need. A bequest made without restrictions usually is added to the permanent unrestricted endowment, providing general support that may last forever.

A Bequest for Specific Purposes

Many people want to give to something special, a type of gift sometimes called a “restricted bequest.” Restrictions are often designed in consultation with the Fellowship which can help you craft language that will ensure your gift will do what you want it to do.

Restricted / Unrestricted Bequests

Both restricted and unrestricted bequests are made in the following ways:

Specific Bequest

Give a specific asset or collection of assets in the form of cash, securities, or other property. Retirement plan benefits, IRAs, savings bonds, and other items known as “income with respect to a decedent” (IRD) are particularly tax effective gifts to charity. You may designate an amount or a percentage of the property.

Residuary Bequest

Give all or a percentage of what remains of your estate after all specific bequests have been satisfied and debts and expenses have been paid. You may specify that charitable gifts be fulfilled first with IRD assets to the extent needed to reduce your tentative estate tax.

Contingent Bequest

Give all or a portion of your estate in the event that a named beneficiary is not alive when you die. This type of bequest can avoid costly litigation or prevent property from reverting to the state for lack of heirs.

Testamentary Charitable Remainder Trust

A trust document is created during your lifetime, with a “pour-over” will to designate which assets are to be placed in a trust with the income paid to one or more beneficiaries for their lifetimes. Upon the death of the last income recipient, or after a term of a specified number of years, the trust terminates and assets are transferred to the Unitarian Universalist Fellowship of Poughkeepsie, completing your gift.

For more information, please contact us:

Unitarian Universalist Fellowship of Poughkeepsie

67 South Randolph Avenue, Poughkeepsie, NY 12601

845.471.6580 / office@uupok.org

Click here for a Printable PDF version of the Declaration of Intent/Commitment Form to complete

For a PDF Version of "Planned Giving - A Pathaway to a Legacy", click here.

Please keep scrolling down and continue reading


Retirement Plans

Many individuals today have large qualified retirement plans such as an IRA, 401(k), or Keogh plan. These assets have been growing tax-free for years. Once the owner begins to receive payments from the qualified plans, the distributions are taxed. At death, the assets remaining in these plans are also included in the owner’s taxable estate. A retirement plan may be an excellent source of funds for making a gift to the Unitarian Universalist Fellowship of Poughkeepsie.

If you name someone other than your spouse as the beneficiary of your retirement plan at your death, the assets may be subject to both income and estate taxes. Your heirs may be left with less than 25 cents on the dollar from your plan. If these plans are left to charity, however, the full amount will generally be received and used according to your wishes. The full amount is still included in your taxable estate but is fully deductible as a charitable gift. Other assets can then be left to family members that would not generate income taxes.

Life Insurance

Some folks no longer need their life insurance that was purchased years ago to provide for children or other family members. If you are in this situation, you may want to name the Unitarian Universalist Fellowship of Poughkeepsie as a beneficiary or contingent beneficiary. Any benefit the Fellowship receives from your insurance will be excluded from your taxable estate.

If you name the Fellowship as irrevocable beneficiary and owner of your life insurance policy, you are eligible for an immediate income tax charitable deduction equivalent to the policy’s cash surrender value or replacement value. If additional premium payments are due, you can deduct those payments as charitable contributions.

Real Estate

The growth of real estate values over the years has greatly enhanced interest in making real estate gifts to charity. A gift of real estate may consist of all or a partial interest in many types of property, such as a residence, vacation home, farm, ranch, condominium, cooperative apartment, or commercial property.

Real estate gifts may be made outright to the Fellowship or to a Charitable Remainder Trust, which would then provide income for you and/or loved ones. You can even contribute your personal residence but continue to live there for the rest of your life. This type of gift of a future interest in your home lets you continue to enjoy your home, without diminishing your standard of living, while obtaining a substantial income tax charitable deduction.

We would be delighted to talk with you and your advisor to help you determine how you may structure a gift that best suits your needs.

For more information, please contact us:

Unitarian Universalist Fellowship of Poughkeepsie

67 South Randolph Avenue, Poughkeepsie, NY 12601

845.471.6580 / office@uupok.org

Click here for a Printable PDF version of the Declaration of Intent/Commitment Form to complete

For a PDF Version of "Non-Cash Gifts and Gifts of Special Assets", click here.

Please keep scrolling down and continue reading


When arranging an estate gift, it is recommended that you contact your attorney or financial advisor.

If you have questions or would like additional information about including the Fellowship in your will or making other planned giving arrangements, please contact the Fellowship Office at 845.471.6580

Mailing Address:

Unitarian Universalist Fellowship of Poughkeepsie

ATTN: Endowment Fund Committee

67 South Randolph Avenue

Poughkeepsie, NY 12601

Click here to complete your Declaration of Intent/Commitment Form which includes this Notice


ArrowIcon BloggerIcon AimIcon DeliciousIcon PaperIcon EtsyIcon FacebookIcon FilmStripIcon FlickrIcon CameraIcon LaunchIcon GooglePlus2Icon GooglePlusIcon HeartIcon InformationIcon InstagramIcon LastfmIcon FrontCameraIcon LinkedInIcon EmailIcon MoneyIcon ItunesIcon MyspaceIcon OpenTableIcon PayPalIcon PencilIcon PersonIcon PhotoIcon PicasaIcon PinterestIcon PodcastIcon RssIcon ShoppingCartIcon SoundCloudIcon StarIcon TableProjectIcon TheCityIcon TumblrIcon Twitter2Icon TwitterIcon TypepadIcon VideoIcon VimeoIcon WordPressIcon YelpIcon YoutubeIcon