$1.6 Million Gift for NBTS’
July 1, 2013
Major Gift Builds a Strong Foundation for the Seminary’s New Future
New Brunswick Theological Seminary gratefully announces that a former board member has committed to a gift of $1,600,000 over the next four years. Of the total, $1,000,000 will be dedicated to endowing the new seminary campus and $600,000 will support the Seminary Fund which provides core support for student scholarships and operational expenses.
The gift comes just as construction begins on a new 30,000 square foot building that will more fully support our commuting students and innovative programs. The new campus includes preservation of the Gardener A. Sage Library, an exquisite Victorian bookhall built in the style of a fourth century cathedral and dedicated in 1875.
The endowment provides annual income for ongoing capital needs for both buildings including enriched common areas in the new building for commuting students, Wi-Fi and multi-media enabled classrooms, and enhanced information resources.
“New Brunswick is a special, unique place that prepares students to serve the church in our increasingly diverse culture,” says the donor. “We hope to see New Brunswick students continue to influence both the Reformed Church in America and the broader church.”
“This extraordinary gift provides a strong foundation for building a new future at New Brunswick Theological Seminary,” explains NBTS President Dr. Gregg Mast. “These are committed Seminary donors and friends. As we enter this time of great change, their gift ensures we have the resources to further develop a truly exceptional seminary education.”
The commitment, along with significant gifts from the Schregardus family and donors in Korea and the Henry Luce Foundation to the new Underwood Chair in Global Christianity, will provide significant impetus to a comprehensive fundraising campaign to further expand the Seminarys mission. The campaign will launch later this year.
Those interested in donating or obtaining more information about the New Brunswick Theological Seminary, please call Cathy Proctor at (732) 247-5241 ext. 134.
Read more about the building project.