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GREAT EXPECTATIONS SOWN IN FAITH ARE BECOMING REALITY
(Left to Right): John Betts, MLA (Moncton Crescent), Dr. Brian MacArthur, President, Premier Bernard Lord, Rupert Tingley, Chair of Board of Governors
Inside 1-9
Recognition
10-11 Oxford 12
Academic
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Bits and Pieces
14
Alumni Association
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Planned Giving
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n Friday, April 5, 2002, the Great Hall overflowed with visitors, government officials, and ABU representatives, including students, faculty, and staff. The occasion was the formal announcement of a $2.8 million dollar contribution to Atlantic Baptist University by the Province of New Brunswick. The Honorable Bernard Lord, Premier of New Brunswick, made the announcement after being introduced by Mr. John Betts, MLA for Moncton Crescent, the riding within which ABU is located. The Honorable Joan MacAlpine, Minister of Family and Community Services and an ABU alumnus together with Rupert Tingley, Chair of the Board of Governors and Dr. Brian MacArthur, President of ABU, joined the Premier for the announcement ceremony. The contribution from the Province, given through the Regional Development Corporation,
The Growing Edge
has been applied in full to the University’s capital indebtedness. Receipt of this major grant in effect concluded the Great Expectations Campaign, the funding initiative that resulted in the opening of the new campus in 1996. More than half of the university’s total indebtedness (capital and accumulated operating deficit) was eliminated, leaving $2.6 million (including operating deficit) owing on facilities that cost over $13 million when constructed. The Baptist Foundation now finances the university’s major loans. In response to the Premier’s announcement, the President of the University, Dr. Brian MacArthur, thanked Premier Lord for his personal interest in ABU and for the response of his government. He also thanked John Betts for championing the cause of ABU so effectively. When accepting the cheque, Dr. MacArthur acknowledged other cabinet ministers, MLA’s, friends of the university and Board members Spring 2002, Volume 14, Issue 1