ADC Today - Summer 2019 - ADC In the Know

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Now, more than ever... Five-year fundraising campaign raises $5.35 million in gifts and pledges! On March 31, 2019, Acadia Divinity College completed its five-year fundraising campaign, securing more than $5.35 million towards four strategic priorities that support theological education. Launched in August 2014, 230 individuals, 169 alumni, 105 churches, 8 foundations, and 4 corporations gave gifts and pledges to these priorities. Sufficient funds were raised to launch the College’s third academic centre, the Andrew D. MacRae Centre for Christian Faith and Culture, in February 2016, and to begin the renewal of the College building in May 2018. Fundraising for the renewal of the College building will continue until the new target of $2.85 million is raised. With the monies raised thus far, the funds still needed for the revitalization of the College building are in the order of $1.74 million.

Summary of Giving

Significant gifts were added to each strategic priority between August 2014 and March 2019. 1. Refurbish the College building on Acadia’s campus The College received a gift of $250,000 from Dr. Granville H. Nickerson for the renewal of the College building, leading to the naming of the Sarah Daley Nickerson Chapel, in memory of his daughter. 2. Ensure quality instruction through increasing endowments for key academic chairs The W. Garfield Weston Foundation’s gift of $1 million, plus the $250,000 gift from the Atlantic Baptist Foundation, resulted in the College’s first fully endowed Academic Chair, the John Gladstone Chair of Preaching and Worship. The endowment for the Sheldon and Marjorie Fountain Chair of Evangelism and Mission also was augmented with a gift of $200,000 from the late Marjorie E. Fountain. 3. Support students through increasing scholarships and bursaries Estate gifts were added to Scholarships and Bursaries, including $792,000 from Ruth E. Eldridge of Digby County, Nova Scotia, and $297,000 from Josephine McLellan Nickerson. Recently, David and Faye Huestis established endowments for four new scholarships, each yielding between $6,000 and $7,500 per year. 4. Secure an endowment for the new Andrew D. MacRae Centre for Christian Faith and Culture An anonymous donor gave an inaugural gift of $150,000 towards this new academic centre. Acadia Divinity College is grateful to those who freely shared and generously gave to help prepare the College for another generation of service. This remarkable support will enable the College to continue to play a significant role in the preparation of men and women for leadership in our churches and various ministry settings. For more information on Now, more than ever, please visit acadiadiv.ca/now

Strategic Priority 1

The College Building

2

Key Academic Chairs

Total Gifts and Pledges August 2014 to March 2019 $1,112,670

Abner J. Langley and Harold L. Mitton Chair of Church Leadership

$21,529

Sheldon and Marjorie Fountain Chair of Evangelism and Mission

$200,150

Thomas B. McDormand, Charles J. Taylor, and Dennis M. Veinotte Chair of Pastoral Care and Counselling John Gladstone Chair of Preaching and Worship 3

Scholarships and Bursaries

4

Andrew D. MacRae Centre for Christian Faith and Culture

$81,920 $1,601,220 $2,066,274 $272,297 $5,356,060

14 ADC Today


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