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MEMPHIS THEOLOGICAL SEMINARY TOPS FUNDRAISING GOALS FOR FY2017
MEMPHIIS, TN—For a second consecutive year, Memphis Theological Seminary (MTS) has topped previous fundraising records with gifts and pledges totaling $4.25 million during its last fiscal year, which ended July 31, 2017
MTS is now closing in on the $15 million mark towards the $25 million “Ministry for the Real World” comprehensive campaign goal which will end December 31, 2020. The Seminary has seen a 50.4 percent increase in overall giving during the campaign.
“This is a very positive trend, said MTS President Dr. Jay Earheart-Brown, “and we are most grateful to our alumni and friends for their loyalty to our important mission.”
MTS and University of Memphis graduate Rev. Dr. Yoong Kim and his wife, Ann of Atlanta, GA recently committed $1 million to establish an “Endowment for Excellence,” which is unrestricted in nature and will support areas of greatest need. This includes, but not limited to, operations, student and faculty support, technology and campus infrastructure upgrades.
“The Kims’ passion for the future growth of MTS is evident by the unrestricted nature of their generous gift,” said Keith Gaskin, Vice President of Advancement. Dr. Kim had a 35-year career with FedEx where he served on the executive team and he was also the founder and pastor of the Korean Cumberland Presbyterian Church of Memphis. The Seminary is the educational wing of the Cumberland Presbyterian Church, but the school is open to all denominations and faiths.
Since 1964, Memphis Theological Seminary has been preparing men and women for ordained and lay ministry in the Mid-South area and around the world. Over 30 Christian denominations are represented in the school’s student body.