The office of mission advancement released gift reports for the first seven months of the fiscal year 2007-2008 ending January 31, 2008.
Gifts to the Annual Fund totaled $507,119. Included in this total are unrestricted gifts of $236,869 and permanently restricted gifts of $270,250. Unrestricted gifts can be used as needed while permanently restricted gifts are invested and only the earnings are available for current use. The Annual Fund supports the day to day operations of the seminary.
Scholarship Fund gifts totaled $557,886. This includes gifts of $239,408 which are available to fund current student aid needs and permanently restricted gifts of $318,478 from which investment earnings will provide continuing funds for student financial aid.
