CBU Giving Tops $23M

GIFTS TO CBU TOP TWENTY-THREE MILLION

UNIVERSITY ADVANCEMENT IS DELIGHTED TO ANNOUNCE THAT FY22 WAS A HISTORIC YEAR FOR CHARITABLE GIVING AT CALIFORNIA BAPTIST UNIVERSITY.

Faithful Lancer supporters committed nearly $23.8 million to further CBU’s mission—eclipsing the University’s previous giving record in FY14 ($14.2 million) by over $9.6 million.

After a successful launch of the CBU $40 Million Endowment Challenge, CBU finished the year with over 65% of the total goal met with new gifts and pledge commitments—well on the way to reaching our goal. The remarkable giving result was led by several transformational gifts, including the generosity of one family who gave $5.5 million (one of the most significant endowment gifts in CBU history). When matched as part of our $40 Million Endowment Challenge, this gift created a $19 million Endowment fund that will serve generations of CBU students. CBU also received the largest estate gift in university history in the amount of $6.2 million, and an anonymous donor committed over $1 million to Lancer Athletics.

We are grateful to our alumni, parents, staff, faculty, friends, and volunteers whose support helps sustain our mission. EVERY contribution, no matter the size, makes a difference. Whether an annual, recurring, or legacy gift, this support ensures that the next generation of CBU students will live their purpose, becoming individuals whose skills and integrity glorify God and set them apart from the world.

We celebrate this faith in CBU, the continued prayers, and the generosity. We remain grateful for the Lord’s blessings as we close one fiscal year and begin anew.

Wayne and Bertie Paul, longtime supporters of California Baptist University, have given $250,000 to the School of Christian Ministries for a double major endowed scholarship. Their donation was matched by an anonymous donor. In turn, both gifts were matched by institutional funds from the CBU endowment match program, making The Wayne and Bertie Paul Double Major Endowed Scholarship total $1 million. “I believe this endowment reflects the legacy of who Wayne and Bertie Paul are and what they have committed their lives to in serving Christ and all of those that He came to save,” said Curt Jarboe, director of gift planning and development in University Advancement.

After careers in education and respiratory therapy, the Pauls went overseas and served more than 20 years, the latter years seeking to reach an unreached people group.

Recipients of this scholarship must have one of their majors in the School of Christian Ministries. Currently 90 double major students study in the School of Christian Ministries.

Dr. Ronald L. Ellis, president of CBU, told how the Pauls started giving $1 a month to CBU—then California Baptist College— in the 1960s when Wayne’s brother was a student. They have been supporting CBU ever since, Ellis said.

“We’re grateful to the Pauls. I want to say personally thank you, Wayne and Bertie, for what you’re doing and what you have done and what this gift will continue to do until Christ returns,” Ellis said. “The Wayne and Bertie Paul endowment will surely have significant and long-term gospel impact at CBU and throughout the world.”

14 COUPLE DONATES $250,000 TO ESTABLISH $1 MILLION ENDOWED SCHOLARSHIP