Bethel Investor Spring 2013

in this issue:

Harless Named Provost Page 2

Seminary San Diego Building Dedication Page 3

BethelInvestor www.bethel.edu • Spring 2013

News for Donors to Bethel University

Invest in Bethel Today

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ach year, we ask alumni, parents, and friends to invest in Bethel and in Bethel students. Our fiscal year ends on May 31, 2013, so now is the time to renew your investment by contributing to the Bethel Fund.

Donations to the Bethel Fund are crucial to student success. Quite simply, the Bethel Fund helps keep tuition affordable by filling part of the gap between the actual cost of providing a lifetransforming, Christ-centered education and what tuition alone covers.

What Is the Bethel Fund? What Does It Cover?

When you give to the Bethel Fund, you help bridge this gap by providing experiences that make a Bethel education so distinctive, such as spiritual formation opportunities, innovative academic programs and resources, faculty enrichment opportunities, and services crucial to a vital student life experience.

A Sustaining Spiritual Life You help create an environment where Christian faith grows and flows through halls, dorms, classrooms, and online conversations.

• Challenging chapel speakers • Off-campus ministries • Discipleship activities available in all schools— seminary, undergraduate, and adult education • Mission trips

grants, many of which involve undergraduate students and professors collaborating together to conduct summer research projects.

The Foundation of Student Life at Bethel

One-of-a-Kind Programming Bethel is known for weaving its Christian call into its academic programs in innovative ways, and your gifts help make this possible. Some examples include: • Funds to launch the new M.S. in Physician Assistant program, scheduled to begin summer 2013 (pending accreditation) • Opportunities for art students to learn in the heart of the New York City arts community through the New York Center for Art & Media Studies (NYCAMS) • Internships for seminary students to integrate classroom learning with practical ministry

Student and Faculty Research You help provide opportunities for students and faculty to build relationships and nurture their gifts. Both students and faculty benefit from

Your gifts ensure that the basic building blocks of the Bethel community continue to welcome each new generation with ways for God to work in every aspect of students’ lives.

• A robust, values-affirming Bethel Student Association • Bethel traditions such as Welcome Week, Homecoming activities, and interim broomball • Quick access to medical care, vaccines, and allergy shots through Health Services • Help for students to follow God’s leading for their education, careers, and lives through the Office of Career Development and Calling • Seminary Student Life and ministry preparation resources • Support services for adult learners in the College of Adult & Professional Studies and the Graduate School

We Invite You to Invest in Bethel Today • Join the Bethel Fund Partners at the $1,000+ above level (see page 2) • If athletics are your passion, consider a gift to the Royal Athletic Fund (see page 2) • Donate at least $10/month and become part of the Bethel Fund Coffee Club tradition • Alumni: Your participation matters! Show how much you value your Bethel degree by giving back to your alma mater. As more alumni give, Bethel’s Alumni Participation Rate (APR)—a key measurement used throughout the nation as a part of school rankings—increases • We welcome and are grateful for each gift at any amount!

• Your donations provide direct support of Bethel students

It’s Easy to Donate Online: Visit bethel.edu/giving Phone: 651.635.8050 (800.255.8706, ext. 8050) Mail: Use the enclosed envelope or mail a check to: Bethel University, Office of Development, 3900 Bethel Drive, St. Paul, MN 55112 •

Why I Give to BU Athletics “I give to Bethel athletics because I saw how my son benefited from being a student athlete while attending Bethel and I want the same opportunity to be available to other students. I believe participating in the athletic program complements the academic program by developing key life skills and attitudes such as discipline, commitment, accountability, team orientation, and perseverance. The difference in Bethel athletics is the emphasis on developing the whole person by not only including physical and emotional development but more importantly, spiritual development.”

—Becky Wahlund

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Join Bethel Fund Partners

Why Should You Consider an Endowment?

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onors who contribute unrestricted gifts to the Bethel Fund in a single fiscal year (June 1-May 31) are honored and recognized as Bethel Fund Partners.

Bethel Fund Coffee Club $120/yr For a minimum of $10/month or $120/year, Bethel alumni, parents, and friends are invited to join this long-standing program and enjoy a uniquely designed Bethel mug each year.

$1,000-$2,499

$2,500-$4,999

$5,000-$9,999

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$10,000-$24,999

$25,000+ Other Bethel Fund Giving Opportunities Royal Athletic Association (RAA) Membership is recognized for any household providing a minimum annual contribution of $500 in unrestricted support of the Royal Athletic Fund and athletics priorities. These gifts will be recognized toward that household’s annual Bethel Fund investment.

For more information about membership and benefits, please contact the Office of Development at 651.635.8050 or visit bethel.edu/giving/bethel-fund/ donate•

Friends Gather in Naples

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ore than 60 generous investors and friends of Bethel University who make their homes in Naples, Fla., gathered for a special event hosted by Bob and Pat Ludlow (pictured above left). They enjoyed a wonderful time of fellowship, heard about the mission and vision of the university from President Jay Barnes, and were affirmed in their ongoing commitment to Bethel’s mission. The January program included an inspiring message from Jay Milbrandt ’04 (pictured above right), director of the Global Justice Program and associate director of the Nootbaar Institute for Law, Religion, and Ethics at Pepperdine University School of Law; he is also the author of Go and Do: Daring to Change the World One Story at a Time. •

id you know there is a way to continue your support beyond your years?

It’s accomplished through an endowment.

An endowment is a fund set up for perpetuity. In accordance with Bethel University’s policy, each year 4% of the earnings is used to support our mission, generally, or for a specific program, such as student financial aid. This percent is a portion of what the fund actually earns; the excess earnings over spending are reinvested in the fund to help it grow.

Here’s why building the endowment is a sound financial strategy for Bethel.

Endowments Are Lasting An endowment fund is designed to grow, and as it does, the amount of the funds available for use each year will increase. This also can act as a hedge against inflation.

Let’s say you set up a nursing department fund. The cost of funding that program will increase over time, and the endowed fund that supports it should be increasing right along with it. Since only a portion of the income earned is spent, the endowment will last forever.

Endowments Are Safe When you establish an endowment fund with Bethel University, the funds are set aside for the purpose for which you created the endowment. That means the funds won’t be used for another purpose. A written endowment gift document (signed by you and a representative of Bethel University) will be drawn up that describes various aspects of the fund, the minimum fund value required before income can be used for the fund’s purpose, how funds

can be used, and other terms.

The written agreement helps ensure that there will be no “surprises” from either party; thus safeguarding your intention to establish a fund for a specific purpose.

Endowments Are Individual When you set up an endowment fund with Bethel University, you have some decisions to make, including: • Will the fund be unrestrict - ed (i.e., used where the need is the greatest or restricted to a specific program or purpose)?

• Will the fund be unnamed or named?

• Will you be making pay ments toward your fund’s goal during your lifetime, through your will, or both?

• Will other family members contribute to the fund?

Answers to these and other questions will help shape the direction and purpose of your fund and enable us to work collaboratively to create a meaningful endowed fund.

For more information about endowments, please contact Dan Wiersum, associate vice president for planned giving and certified specialist in planned giving (CSPG), at 651.635.8052 (800.255.8706, ext. 8052) or d-wiersum@ bethel.edu.

This publication is intended to provide general gift planning information. Bethel University is not qualified to provide specific legal, tax or investment advice, and this publication should not be looked to or relied upon as a source for such advice. Consult with your own legal and financial advisors before making any gift. • Copyright © 2009, PlannedGiving.

Com, LLC. All Rights Reserved.

Debra Harless Named Provost of Bethel University

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fter positive feedback from faculty and administrators, Bethel University President Jay Barnes has appointed Debra Harless to be the new executive vice president and provost of the university. Harless has served as vice president and dean of the College of Arts & Sciences since 2009.

Her appointment as provost will be subject to ratification

by the Bethel University Corporation in October 2014.

“I worked closely with Deb for eight years, seven of which we officed next to each other,” says Barnes. “She is a proven leader, team builder, administrator, and advocate for Bethel’s mission. She is an example of what we hope a Bethel graduate will be. Deb has the qualifications we need

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and the proven capacity to move Bethel forward.”

“As a Bethel graduate, I am grateful for the profound impact that Bethel had in my life,” Harless says.

Read more: bethel.edu/ news/articles/2013/january/ provost-harless •

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New Building Dedicated at Bethel Seminary San Diego

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David Clark Installed as Bethel Seminary Vice President and Dean

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n February 7, the installation of David K. Clark as vice president and dean of Bethel Seminary drew a capacity crowd to the seminary chapel on Bethel University’s St. Paul campus. The more than 200 family members, friends, students, and colleagues who filled the chapel were joined by many watching online from Bethel Seminary San Diego, Bethel Seminary of the East,

and points in between. Together they witnessed Clark’s official transition from executive vice president and provost of Bethel University to his new seminary post.

Clark delivered his address “With the Church. To the World. For the Lord.” during which he outlined his vision for impact, strategy, and community at Bethel Seminary. “We are called to go to the world as catalysts of spiritual formation,” he explained, pointing to partnership as the seminary’s primary strategy.

“We exist to serve God by preparing leaders for the church,” he noted. “Our strategy is developing leaders with and for our partners.”

ethel Seminary San Diego friends, students, staff, and faculty gathered on February 9 to celebrate God’s goodness in the completion and dedication of the campus’ new building.

The afternoon included tours of the new and renovated spaces, a reception, and a program. Presentations included remarks by Carlton Harris, senior pastor, College Avenue Baptist Church; remarks by James D. Smith, professor of church history, Bethel Seminary San Diego; introductions by John Lillis, dean and executive officer, Bethel Seminary San Diego; “The Mission of Bethel University” by Jay Barnes, president, Bethel University; “Mission of Bethel Seminary”

by David Clark, vice president and dean, Bethel Seminary;

“Mission of the Church” by Jerry Sheveland, president, Converge Worldwide; and “Vision of the Faculty” by Mark Strauss, professor of New Testament, Bethel Seminary San Diego. Hymns and responses by students rounded out the program. A special guest was Clifford Anderson, the founding dean of Bethel Seminary San Diego.

Visit bethel.edu/news/ articles/2013/february/bssdbuilding-complete to view more photos from the dedication. •

Read more and watch the video: bethel.edu/news/ articles/2013/february/clarkinstallation •

Pre-Construction Begins in Advance of Health & Wellness Center

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onstruction has begun in advance of the proposed new Health & Wellness Center. This summer, remodeling will begin on the first level of the Hagstrom Center in order to create three classrooms, one of which is planned as an active learning classroom with the appropriate technology and furnishings for project based learning, according to Provost Deb Harless. These new classrooms will provide space that is now provided by temporary classrooms located in the Kresge Courtyard. Says Patrick Mazorol, senior vice president for university relations, “This important investment in classrooms begins work on the Health & Wellness Center project.” The temporary classrooms will be removed during the next school year to accommodate construction of the Health & Wellness Center. •

In Memoriam

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ethel University recently lost two friends and investors.

Bethel alumnae and investor Phyllis (Karlson) Jacobson ’42, died in November 2012. The daughter of Karl J. Karlson, dean of Bethel Seminary from 1925-1948, she left Bethel University a legacy estate gift.

Her gift is designated for the establishment of a “Best Practices” endowment to support the continued work of Bethel Seminary. The endowment will fund student scholarships, lectureships, and faculty development.

For more information about how you can set up an endowment, please see page 2.

Marceline “Marcy” (Nelson) Hendrickson ’50 of San Diego, Calif., (originally from Soudan, Minn.) passed away last spring.

She is survived by her husband Lowell, a daughter, and two grandchildren. She and Lowell were faithful members of College Avenue Baptist Church in San Diego and have been loyal donors to Bethel Seminary San Diego for many years. Lowell served at Bethel University in the Office of Development and as a pastor at several Converge Worldwide (formerly Baptist General Conference) churches. •

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Bethel Foundation

19th Annual Bethel Golf Classic

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s of January 31, 2013, Bethel’s endowment was $37,300,000 and total assets under management were $129,600,000. For more information about opportunities available through the Bethel Foundation, contact Angella Hjelle, Bethel Foundation executive director, at a-hjelle@bethel. edu or 651.635.1001 (800.255.8706, ext. 1001).

June 17, 2013 North Oaks Golf Club Get ready to join us for a day of fun in support of the Bethel Athletic Fund.

Visit bethel.edu/giving/events/ golf-classic for more details.

Save the Date!

Bethel Homecoming 2013 October 4-6

Each year, Royals come back home to catch up with friends, see what’s new, and celebrate a life-long Bethel tradition.

We look forward to seeing you this fall!

Find out more: bethel.edu/alumni/events/homecoming

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Nonprofit Organization US Postage PAID Twin Cities MN Permit No 899

INVESTOR In This Issue: • Bethel Fund Page 1

3900 Bethel Drive St. Paul, MN 55112-6999 Address Service Requested

• Endowments Page 2 • Installation Services for Clark Page 3 • Health & Wellness Center Update Page 3

calendar of events April 5 Grandparents Day 19 Bethel Women’s Chorale Spring Tour 2013 Home Concert, Benson Great Hall 23 Barbara Rogers and Herbert Johnson Duo-Piano Concert, Benson Great Hall 25-28 An Ideal Husband, Bethel Theatre 29 Bethel Philharmonic Orchestra Spring Concert, Benson Great Hall May 1-4 An Ideal Husband, Bethel Theatre 3 Jazz in the Great Hall, Benson Great Hall 10 Classics in the Great Hall, Benson Great Hall 19 Bethel Choir Bon Voyage Concert, Benson Great Hall 25 College of Arts & Sciences Commencement, Benson Great Hall

June 1 Seminary St. Paul Commencement, Benson Great Hall 1 College of Adult & Professional Studies and Graduate School Commencements, Benson Great Hall 8 Seminary San Diego Commencement 15 Seminary of the East Commencement 17 Bethel Golf Classic, North Oaks Country Club Visit bethel.edu/events for more information about events.

Office of Development Bruce W. Anderson ’74, Executive Development and University

Relations Officer Phone: 651.635.8050 Email: development@bethel.edu Website: bethel.edu/giving Editor: Tricia Theurer Designer: Thomas Vukelich ’82

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