The office of mission advancement released gift reports for the fiscal year ending June 30, 2008.
Gifts to the Seminary Fund totaled $718,817. Included are unrestricted gifts of $368,277 and permanently restricted gifts of $350,540. Unrestricted gifts can be used as needed. Permanently restricted gifts are invested and only the earnings are available for current use. The Seminary Fund supports the day-to-day operations of the seminary.
Scholarship Fund gifts totaled $646,619. This includes gifts of $324,296 which are available to fund current student aid needs and permanently restricted gifts of $322,323 from which investment earnings will provide continuing funds for financial aid.
We thank all of our friends for their gifts of love over the past year.
