2020-21 Development Report

ANNUAL FUND GIVING (2020-2021)

19%

42% 39%

19% | ANNUAL UNRESTRICTED ($451,038) 39% | UMC MINISTERIAL EDUCATION FUND UNRESTRICTED ($956,080) 42% | ANNUAL RESTRICTED ($1,028,775)

GIFT DESIGNATION (2020-2021)

27% 9%

18%

27% 19%

9% | ANNUAL UNRESTRICTED 18% | UMC MINISTERIAL EDUCATION FUND 19% | ANNUAL RESTRICTED 27% | ENDOWED UNRESTRICTED 27% | ENDOWMENT RESTRICTED

What a difference a year makes! For the first time since March 2020, our hallways are bright, our faculty and staff offices are full, and our students are learning from our faculty and each other in our newly renovated classrooms.

Your faithful and prayerful philanthropic, volunteer, and spiritual support was critical in the seminary’s journey through the second year of the pandemic. As you will see in the following pages, your response to the Stead Challenge increased our unrestricted annual fund, giving us the flexibility to adjust quickly to our remote environment and to prepare the campus for our students’ return. Your record response to Giving Day demonstrated the collective grace and power of our alumni, faculty, staff, students, and friends. During a year in which seminarians faced even greater financial pressure than usual, your gifts allowed the seminary to give more than $2.5M in financial aid, awarding scholarships to every master’s and doctoral student. More alumni supported the seminary in 2020-21 than in the previous fiscal year—an especially remarkable achievement in light of the challenges and pressures you faced in your own lives and vocations.

I am pleased we also recognize in this annual report our wonderful volunteers. Many of you supported our current and future students through field education placements, vocational networking and mentoring, and admissions. We are also blessed by those alumni who serve as class stewards and reunion volunteers, helping us keep our Garrett Biblical Institute, Garrett-Evangelical, and Evangelical Theological Seminary graduates connected to the seminary and to each other. Our trustees and life trustees, many of whom are alumni and all of whom are donors, devote significant time to ensuring Garrett-Evangelical achieves its mission.

Though we have opened our campus and returned to in-person teaching and learning, our challenges in our new fiscal year are no less daunting than they were last year. If you made a gift or volunteered last year, I encourage you to renew your commitments to GarrettEvangelical. If you took some time away from the seminary, I hope you will consider reconnecting by making a gift or lending your time and expertise to our students.

What a difference a year makes and what a difference you make! Again, on behalf of Garrett-Evangelical’s students, faculty, and staff, I thank you for blessing the seminary with your leadership, your generosity, and your spirit.

Joseph R. Emmick Vice President of Development