AbbVie Shareholders Support Resolution on Link between Drug Price and Executive Pay

Today, 23.9% of voting shareholders of AbbVie, a U.S. pharmaceutical company, supported a United Church Funds-led shareholder resolution to report on the “feasibility of incorporating public concern over high drug price into the senior executive compensation arrangement.” 

UCF’s Shareholder Resolution for Gilead Sciences Receives 43.4% Support

United Church Funds is proud to have coordinated a shareholder resolution with Gilead Sciences, Inc. that received 43.4% support at Gilead’s annual general meeting on May 6, 2020. The resolution requested the company to separate the position of the Chair of the Board from the CEO position.

Creating Impact in Community through Socially Responsible Investing

United Church Funds talked with Rev. John H. Pomeroy, Co-Pastor at First Congregational Church of Pasadena, to learn about the church’s history, mission, and how they deepen their impact in the community through socially responsible investing.

April 2020 Client Account Statements

Account Statements for April 2020 is available via the Client access link at the top of this page using your login and password. Please contact us if you do not have a login and password.

Q1 2020 Market Update and Review

Matt Wagner, Director, Institutional Relationships, discussed with David Klassen, Chief Investment Strategist, the impact of COVID-19 on the global market, what recovery looks like and the benefits of diversification.

March 2020 Market Review

This article summarizes the markets and our funds’ performance for the month of March 2020, provided by our Chief Investment Strategist David A. Klassen.

The Impact of CARES Act on Charitable Giving

The CARES Act contains provisions that will affect, among other things, charitable giving. UCF has prepared a list of resources and major takeaways on what the CARES Act means for charitable giving.

Investors Urge Pharma Companies to Work Collaboratively on COVID-19 Response

United Church Funds, along with investor members of the Interfaith Center on Corporate Responsibility, sent letters to the CEOs of 14 pharmaceutical companies, calling for a collaborative approach in the development of health technologies, including diagnostics, treatments and a vaccine in the global fight against COVID-19.

Q1-2020 Client Account Statements

Account statements as of March 31, 2020 are available via the Client access link at the top of this page using your login and password. We have provided our investor letter from Charles Buck, President and CEO, and the preliminary performance information for Q1-2020.

New Online Resources for Financial Education

UCF and Cornerstone Fund — two financial ministries of the United Church of Christ — have created online videos for church leaders and members on financial matters, including socially responsible investing and best practices for a financially healthy congregation.