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%22Ministry for the Real World%22 Campaign Reaches $12 Million Milestone!
RECEIVED ADDITIONAL $2 MILLION GIFT TO BEGIN CONSTRUCTION OF NEW CHAPEL; WILL BREAK GROUND EARLY 2017
The construction of a new chapel on the campus of Memphis Theological Seminary (MTS) is one step closer to fruition.
Dr. Ralph and Barbara Hamilton of Germantown made a $2 million gift, in addition to their original campaign contribution of $1 million. The Seminary will break ground on its first freestanding chapel in early 2017. The chapel will be a new focal point of the Seminary’s historic Midtown campus.
“The chapel will be an important part of MTS worship and students’ preparation for ministry,” according to Seminary president Dr. Jay Earheart-Brown.
The proposed chapel will seat 300 and also be used as a multipurpose facility for a variety of activities, such as lecture series and other special events. The new chapel will replace the converted ballroom of the 1912 Newburger Mansion, which currently seats 45 people. “It will be an asset to the Seminary and the Memphis community,” added Dr. Earheart-Brown.
Inspired by the Hamiltons’ gift, Tim Orr, owner of Clifco, Inc. in Dyersburg, TN and former member of the Seminary’s Board of Trustees, is donating his services to oversee the project.
The construction of the chapel is one of the overarching goals of the Seminary’s “Ministry for the Real World” comprehensive campaign. With a goal of $25 million, the campaign has raised over $12 million in outright gifts and pledges.
“Having the Hamiltons as lead donors to our campaign has been a driving force for MTS,” said Dr. Keith Gaskin, Vice President of Advancement. “They have made a profound difference in Memphis through their philanthropy and their generosity will affect generations of students and the individuals they serve.”
Thank You for Helping us Meet the $150,000 Challenge!
THANKS TO YOU, MEMPHIS THEOLOGICAL SEMINARY RAISED OVER $300,000 FOR ECUMENICAL EDUCATION!!
“We are grateful to everyone who helped us meet this challenge,” said MTS president Dr. Jay Earheart-Brown. “Your generosity sends a strong message that you stand with our students and those they serve. Thank you for being a champion of ecumenical education!”
Your commitment to the matching gift allowed the seminary to have a record year in fundraising! Together, friends, we raised $1.5 million dollars to support ministry for the real world.
To read more, check out the Commercial Appeal’s story on this landmark achievement: http://www.commercialappeal.com/business/Seminary-meets-fundraising-goal-389777412.html
Thank you for choosing to read about the ways you can support theological education at Memphis Theological Seminary. We appreciate the many volunteers and supporters who partner with us to prepare faith leaders for the future.Dr. Keith Gaskin
Why is supporting Memphis Theological Seminary with your gifts important?
What difference will it make?
Why should you give?
You want your pastor to be a good preacher, sharing the Gospel every week in such a way that inspires your more mature Christian journey while also leading others to Christ. Every course at MTS is part of the process that leads to good preaching, from Introduction to Interpreting the New Testament to the more specific courses on Homiletics & Liturgics. Every student takes a course called Preaching Practicum, where the skills needed for good preaching are fine-tuned.
MTS prepares preachers for the churches of today and tomorrow. Will you support this mission?
You want your pastor to have a deep understanding of the meaning of communion. When Jesus said, “Do this in remembrance of me,” he called us to share the bread and cup as living signs of his ongoing presence in our midst. In Holy Communion, God nourishes us spiritually for our discipleship, and feeds us with the Bread of Life, so that we might go out from our places of worship to nourish a spiritually hungry, sometimes even starving, world.
MTS prepares pastors who know how to lead sacramental services that nourish disciples for real ministry. Will you support this ministry?
You want your Bible study and Sunday School lesson leader to know how to present the world behind the text, what was happening that led to the writing of the text, and how it can be interpreted for us today.
MTS teaches students to be good readers of the Bible, a process called exegesis. As a result, they are strong, knowledgeable teachers. Will you support this teaching?
You want the youth leader of your congregation to understand the needs of young people and how to lead them to Christ.
MTS now offers a Master of Arts in Youth Ministry degree – a direct response to the needs expressed by you and so many others in the Church. The first MAYM graduates received their diplomas at graduation in May 2013, with many more to follow in the years to come. Will you support this degree?
You want the counselor who is working with your child to be effective.
MTS offers a Drug & Alcohol Addiction Counseling certificate that prepares students to take their state’s licensing exam. Will you support this certificate?
You want your family baptized in the name of the Father, Son and Holy Spirit.
This requires ordained clergy. MTS prepares students for ordination in their denomination, offering specific courses, as needed. Will you support this work in the classroom?
You want your mother buried, ashes to ashes, dust to dust.
MTS places a heavy emphasis on pastoral care, offering specific courses and requiring a Parish Practicum, where students are faced with practical, real-life situations. Will you support this instruction?
Your gifts make a difference in the Church by ensuring that this seminary, located in the Bible belt, that reaches out to communities in a 200-mile radius and countries 20,000 miles away, that serves students from over 30 denominations, continues to teach.
Your gift today will make a difference by supporting technology in the classroom, professors who care and teach practical ministry with excellence, a safe, attractive campus and scholarships to ensure the classrooms are filled with those whom God has called to ministry.
Your gift to Memphis Theological Seminary will spread the Gospel to the nations. I believe that makes MTS a ministry worth your support.
Ways to Give
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Memphis Theological Seminary welcomes and appreciates gifts of cash, including checks, money orders or bank drafts. If you would like to restrict your gift to a specific program or purpose, please indicate this in the memo portion of your check or in a note accompanying your gift. Gifts by check should be made payable to:
Memphis Theological Seminary
Please mail your gift to:
Office of Advancement Memphis Theological Seminary
168 East Parkway South
Memphis, TN 38104-4395
Memphis Theological Seminary accepts gifts of real estate. To speak with someone in depth about a gift of real estate, please contact the Office of Advancement at (901) 334-5811
PERSONAL PROPERTY (GIFTS-IN-KIND)
Gifts of personal property, also known as gifts-in-kind, include:
Automobiles Books Artwork Jewelry
Should you decide to donate personal items, it is best to contact the Office of Advancement at (901) 334-5811 to see how your gift can best benefit those we serve.
MTS accepts gifts of securities. These may be appreciated or depreciated, and you may receive some tax benefits for either kind.
Gifts of long-term appreciated stocks or bonds entitle you to two benefits: There is no capital gains tax payable, and you may use the securities’ fair market value on the date of the gift to compute the income tax charitable deduction.
With depreciated securities, you will benefit the most if they are sold first and the proceeds contributed to Memphis Theological Seminary.
To learn more about giving securities, please call the Office of Advancement at (901) 334-5811
** Please always consult your tax advisor before making any decisions regarding gifts of securities.
There are many benefits to creating a planned gift, such as a trust or annuity. Not only does it create security for you, but you can also give security to your family as well. A bequest in your will or codicil in your living trust is another way you can help us accomplish our mission.
To learn more about planned gift options with Memphis Theological Seminary please call our Planned Giving Office at (901) 334-5811.
Gifts to Endowment
Endowment funds are invested by the Cumberland Presbyterian Board of Stewardship and only the interest from these investments is used to support the current operation of the seminary. The corpus of the endowment is retained and reinvested to help ensure the future financial viability of the institution.
For as little as $5,000 a named endowment fund can be established. Please contact the Office of the President or the Advancement Office for more details on how you can establish or add to an endowment fund.
Honorary & Memorial Gifts
Gifts to the Annual Fund or the Endowment are wonderful ways to honor someone special. When submitting the contribution, indicate the name of the person(s) the gift is honoring. The seminary will notify that person, or their family in the case of a memorial gift, by means of a letter identifying the donor and the fund to which the contribution was made.
Many are experiencing the satisfaction of arranging for future support of the Memphis Theological Seminary through bequests and life income plans. This means of making future contributions is known as planned giving.
Planned gifts include gifts made through wills or life income plans such as, charitable trusts, charitable gift annuities, life insurance, and a variety of other programs. Most people find that the use of these planned vehicles results in a larger gift than was first thought possible, while at the same time enhancing the donor’s stream of lifetime income.
The benefits include:
- the satisfaction of making an investment in life and ministry that will help provide future leadership for the church
- income for life (or, in some cases, a term of years) with the option of providing for a beneficiary as well
- a charitable deduction for income tax purposes in the year of the gift, with carryover privileges for up to five additional years
- reduction or elimination of the capital gains tax when funded with appreciated property held longer than one year
- freedom from investment and management responsibilities
- estate tax benefits
- the avoidance of probate and estate administration expenses
For more information about planned gifts consult your financial advisor or the Office of Advancement, Memphis Theological Seminary. The phone number is 901-458-8232. You may also use the email address: advancement@MemphisSeminary.edu.