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.
Library/Educational Resources Endowment
Helps to provide resources for the library and for the purchase of books, educational resources, and other materials.
Buildings and Grounds Endowment
Provides resources for the maintenance and upkeep of Union Bible College grounds.
UBC is committed to providing named endowments to honor individuals meeting certain qualifications and a giving level of $50,000 or more. If interested in establishing a named endowment, please contact the Development Office at 317-896-9324.
Would you consider learning more about our Endowment Fund strategy at UBC?
Lanae Whitaker, Finance Office Manager
PO Box 900, Westfield, IN 46074