Equip. Serve. Fulfill.
2020 IMPACT REPORT
From the President Greetings my dear brothers and sisters! The year 2020 will be remembered as the year the intrusion of the Coronavirus changed our world; it was a difficult year. At Southeastern, the year reminded us of many vital truths. It reminded us of the unwavering faithfulness of our King to supply all our needs; it reminded us of our utter dependence on Him; it reminded us of our gratitude for the generous support of our gospel partners. You are an amazingly loyal and generous people! We have just passed the season of Christmas where one of our cherished songs intones, “a thrill of hope, the weary world rejoices….” 2020 was a year that wearied us and yet we rejoice that our King, at this moment and forever, cares for and rules this world. That thought gives all His children “a thrill of hope!” Even now, I rejoice to envision the countless lives yet to be reached in 2021 and beyond – even into eternity! With eight billion souls on earth, the need is great. Yet, our mission to GO until He comes, endures. Please read this report with a heart overflowing with thanks for what great things He has done through your partnership with us at Southeastern!
Daniel L. Akin
“
Southeastern exists to glorify the Lord
Jesus Christ
by equipping students
to serve the Church and fulfill the
Great Commission (Matthew 28:18-20).
TABLE OF CONTENTS 2020 at a Glance For the Students For the Faculty For the Campus For the Cause The Mission
2-3 4-5 6-9 10-11 12-13 14-20
Equip Students
14-15
To Serve the Church
16-17
And Fulfill the Great Commission
18-20
Note from the Director of Financial & Alumni Development
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2020 At A Glance For the Students
$2,706,063.78
For the Faculty
$882,650.15
For the Campus
$395,220.00
For the Cause
$1,580,021.49
Total
$5,563,955.42
Count of Unique Givers
1,538
4 YEARS | 4 STRATEGIC INITIATIVES | FOR THE GLORY OF GOD
Composite Financial Index*
7.09
Giving Societies
3
*The Composite Financial
Index (CFI) was developed by KPMG, LLC, and is used to measure the overall financial health of higher education institutions. An institution’s CFI score is calculated by looking at a school’s reserves, financial operating performance, return on assets, and its ability to cover debt. Anything above a CFI score of 3 is considered financially healthy. SEBTS’ CFI score for fiscal year 2020 was a 7.09 and our three-year average CFI score was 6.09. In addition, SEBTS has seen an increase in our CFI score for each of the past five years.
Southeastern Society
Southeastern Women’s Fellowship
Southeastern Alumni Association
Members: 391 New Members: 42
Members: 82 New Members: 3
Active Members: 255 New Members: 129
Last year, active Southeastern Society members gave over $2 million to equip students to GO!
This past year, the fellowship awarded $10,500 in scholarship monies to 10 exceptional women at SEBTS. These scholarship recipients are pursuing everything from their bachelor’s to their doctorate and hope to use their education to serve the Church and fulfill the Great Commission!
“I became a member of the alumni association because it’s a great way to help financially support others as they receive the same incredible training I did and to stay connected to the Southeastern family.” -Andrew Watkins, MDiv, Christian Ministry, 2019
Annual: 112 | Lifetime: 17
Timothy Society Total Members: 69 New Members: 3 Southeastern has received 37 legacy gifts establishing student aid scholarships. These scholarships awarded nearly $200,000 last year which is equal to covering the cost of 1 class for 200 students.
Learn more at ForTheMission.com
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241
266
Students graduated in Fall 2019
Students graduated in Spring 2020 42 UNDERGRADUATE, 224 GRADUATE
31 UNDERGRADUATE, 210 GRADUATE
THERE ARE CURRENTLY
5,302
LAST YEAR, STUDENTS ENROLLED IN
IN THE PAST 5 YEARS, THERE HAS BEEN A
ENROLLED STUDENTS
MORE CREDIT HOURS THAN TWO YEARS AGO
INCREASE IN NON-WHITE STUDENT POPULATION
10,000
96%
$2,706,063.78 TOTAL FINANCIAL RESOURCES SUPPORTING STUDENTS* * This includes monies raised for endowed scholarships, non-endowed scholarships, funds on demand and direct student support.
For the Students
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WOMEN MAKE UP
1/3 OF THE STUDENT BODY
BECAUSE YOU GIVE, STUDENTS ARE BEING EQUIPPED TO SERVE THE CHURCH AND FULFILL THE GREAT COMMISSION
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59
7
Full-time
Part-time
Faculty
Newly Elected Faculty Member
Faculty
10
Endowed Chairs Faculty Support
$150,494.00
Global Theological Initiative
$187,923.18
N.C. Field Minister Program
$409,623.00
Academic Centers & Initiatives
$134,610.00
Total
$882,650.15
For the Faculty
Kristin Kellen
Assistant Professor of Biblical Counseling
New Faculty Publications Dr. Danny Akin
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Exalting Jesus in the Sermon on the Mount
Dr. Danny Akin, Dr. Benjamin 40 Questions About the Great Commission Merkle, Dr. George Robinson
“
We want Southeastern to be the school for ministry preparation because our graduates are globally focused disciple makers, who endure in ministry.
Dr. Brad Hambrick
Building a Marriage to Last: Five Essential Habits for Couples
Dr. Scott Hildreth Dr. Steven McKinion
Sharing Jesus Without Freaking Out: Evangelism the Way You Were Born to Do It | 2nd Edition
Dr. Chuck Lawless
Spiritual Warfare in the Storyline of Scripture
Dr. Benjamin Merkle
Discontinuity to Continuity: A Survey of Dispensational and Covenantal Theologies
Dr. Scott Pace
Answering God’s Call: Finding, Following, and Fulfilling God’s Will for Your Life
Dr. Jim Shaddix
Exalting Jesus in Psalms 51-100 | With Dr. David Platt & Pastor Matt Mason
Dr. Walter Strickland II
For God So Loved the World: A Blueprint for Kingdom Diversity | With Dr. Dayton Hartman
Dr. Keith Whitfield
Provost
BECAUSE YOU GIVE, OUR FACULT Y IS COMPRISED OF WORLD-CL ASS PROFESSORS WHO EQUIP STUDENTS TO GO
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“
Sam Williams Professor of Counseling, Fulp Chair of Biblical Counseling
Relational restoration with God and among persons is central to Christian faith and practice, and to our counseling programs at Southeastern. We train our counseling students to bring the wisdom of God’s Word, the hope and power of His Gospel, and the unique relevance of the church community into the care and cure of souls, and the restoration of broken persons, marriages, and families. Our students learn to apply what Christ has done and is doing, (and will someday finally do) to reconcile relationships and alleviate familial dysfunction and mental disorder. Our counseling degrees grant a uniquely constitutive role to Scripture, to the gospel of God in Christ, and to His Church. Holy Scripture is our primary “sourcebook.” We need God’s Word to interpret God’s world and the persons within it that He created in His image and likeness.
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Faculty Feature A school is only as strong as its faculty. Southeastern has assembled a unique blend of theologians and practitioners. Our professors are recognized scholars and sought-after veteran instructors in their respected disciplines.
Counseling
Faculty
Dr. Tate Cockrell
Dr. Bradley Hambrick
Faculty Publication
Spotlight
In “Raising Kids with a Heart for Mission,” Dr. Danny Akin suggests ten principles for building Great Commission families. Dr. Kristin Kellen
Dr. Sam Williams
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For the Campus
Southeastern Baptist Theological Seminary Southeastern Baptist Theological Seminary was formed on May 19, 1950, by a vote of the Southern Baptist Convention meeting in Chicago. Trustees elected by the Convention secured a charter and adopted the Abstract of Principles as the Seminary’s Articles of Faith. Southeastern began classes in the fall of 1951 on the campus of Wake Forest College in Wake Forest, NC, a campus recognized then and now as one of the most beautiful in the southeastern United States. The campus itself has a Baptist heritage. In 1832, the Baptists of North Carolina purchased the 615-acre plantation of Dr. Calvin Jones to establish a teaching facility for young ministers. From 1951 to 1956, the current Appleby Hall housed the new Seminary. In 1956, when Wake Forest College moved to its new location in Winston-Salem, NC, Southeastern occupied the rest of the Wake Forest campus. Southeastern’s campus is noted for its splendid natural beauty as well as its graceful classic Georgian architecture. The grounds are rich with magnolias, elms,
pines, oaks, cedars, firs, maples, and other varieties of flowering fruit trees. Several massive white oaks, once part of a magnificent grove called Wake Forest (for which the town was named) still stand on the Southeastern campus. Through the years, Southeastern has complemented the natural setting with dogwoods, hollies, and an array of flowers. The buildings of the original Wake Forest College have been renovated, and new buildings have been added. Today, through the For the Mission campaign, Southeastern seeks to address the housing and dining needs of a growing student body, which now exceeds 5,000 students, through the renovation of Bostwick Hall and the construction of a full-service dining hall. We desire for this historic campus which consists of brick and mortar, and which served so many students of Wake Forest College and Southeastern Seminary in the past to be a vibrant home for future Southeastern students to grow and mature, cementing their call to serve the Church and fulfill the Great Commission.
BECAUSE YOU GIVE, SOUTHEASTERN REMAINS A FUNCTIONAL CAMPUS AND A BEAUTIFUL WAKE FOREST LANDMARK
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“Almost half of the world’s population have no access to the gospel. We believe God, in particular, has raised up Southeastern Baptist Theological Seminary to address that great need. In partnership with our great God, we’re going to give our efforts until the day Jesus comes again to get the gospel to every tribe, every tongue, every people and every nation.” - President Danny Akin
OUR GRADUATES SERVE IN ALL
LAST YEAR, WE HAD
50
62
STATES
42 AND IN
COUNTRIES
PARTICIPANTS ON MISSION TRIPS
4 MISSION TRIPS NEW YORK CITY PORTLAND, OREGON CENTRAL ASIA WEST VIRGINIA
World Population Clock as of December 2019 WORLD POPULATION INCREASE PEOPLE HEARING AND BELIEVING THE GOSPEL PEOPLE HEARING AND NOT BELIEVING THE GOSPEL PEOPLE NOT HAVING AN ADEQUATE OPPORTUNITY TO HEAR THE GOSPEL
For the Cause
As you GO,
make disciples of all nations... Matthew 28:19 INCREASE TODAY
INCREASE THIS YEAR
TOTALS TO DATE
Southeastern Fund
154,045
71,158,948
7,685,489,815
Unrestricted Campaign Gifts
15,405
7,115,895
815,693,017
Mission Trips
35,426
16,364,473
2,667,340,511
Designated Gifts
$1,166,470.97 $242,043.18 $54,312.18 $117,195.16
103,215
47,678,580
4,080,694,649
Total
$1,580,021.49
BECAUSE YOU GIVE, STUDENTS, FACULTY AND ALUMNI ARE GOING TO THEIR CITIES, STATES, THE NATIONS AND THE ENDS OF THE EARTH.
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Sarah, Student Sarah is a current student who serves as a social worker amongst displaced peoples in the Middle East. In her country, millions do not know or have rejected the good news of Christ. The people in this country frequently find themselves in the midst of social and political unrest. Many things in Sarah’s life and the lives of the people she works with are threatened on a daily and weekly basis. Some of her family and friends have asked why she would give up so much to come to a place like this. And her answer is always the same, “because Jesus is worth it.” Sarah’s passion is to bring hope and healing to the women there
The Mission
that have endured so many hard things in their lives. With her background in social services, she is confident that God can and will use her to bring hope to this nation. She said, “It is my prayer and hope that God will use many more to reach people around the world. I’m thankful for
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Southeastern and their vision to see many go around the world. Because of the partnership with my company and school, I’m able to be equipped in many ways to serve the locals here.” Because of the generosity of so many people, Sarah and her fellow workers can receive theological training at an affordable cost while serving on the field.
SOUTHEASTERN BAPTIST THEOLOGICAL SEMINARY SEEKS TO GLORIFY THE LORD JESUS CHRIST BY EQUIPPING STUDENTS TO SERVE THE CHURCH AND FULFILL THE GREAT COMMISSION.
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Dr. Matt Capps, Pastor Dr. Matt Capps serves as the senior pastor of Fairview Baptist Church in Apex, North Carolina. When he began his studies at Southeastern he didn’t anticipate how those studies would transition into the local church. As two examples, he said, “When I was studying systematic theology and learning about the marvelous and wonderful God that we serve, I didn’t realize that later on in ministry, I would use that knowledge that I learned in the classroom, to elevate people’s sights above their own problems in their own lives and above their own struggles and see how magnificent God is.
The Mission
When I was studying the biblical languages and Bible exposition, I was getting a deep appreciation for God’s self-disclosure to us and learning how to really chew on the meat of the words so I can provide the spiritual milk for the congregation.” What stood apart for him about Southeastern is the emphasis on going and
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trying by the grace of God to really expand the Great Commission so that people can hear the good news of the gospel of Jesus Christ. He is amazed at the type of graduates that Southeastern continues to produce and is grateful for the financial supporters that allowed him to complete his degree and who are still continuing to support students today.
He stated, “When I think about the people who steward their resources to fund this great institution, it really is a blessing. Because when people give monetarily to Southeastern, it’s not just a stagnant gift. That gift goes to multiply the ministry to train ministers, and to train missionaries and to train disciples who are going to make disciples who make disciples.”
SOUTHEASTERN BAPTIST THEOLOGICAL SEMINARY SEEKS TO GLORIFY THE LORD JESUS CHRIST BY EQUIPPING STUDENTS TO SERVE THE CHURCH AND FULFILL THE GREAT COMMISSION.
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Nathan & Tessa Baker, Missionaries Nathan and Tessa Baker are both Southeastern graduates. They, along with their two children, Chyella and Jairus, live in southwest Madagascar in the town of Toliara. They work with the people groups of Southwest Madagascar, specifically the Mahafaly people group. In 2008, Grant Waller, another Southeastern alumnus, and his family learned language and culture for the purpose of sharing the gospel among the Mahafaly. They took stories from God’s word in the Mahafaly dialect and shared those in different villages. Some of those villages received the gospel, were baptized, and formed churches.
The Mission
When the Bakers left Madagascar to complete their degrees at Southeastern, six churches had been planted by the International Mission Board alongside national partners. Tessa said, “With every class that we took at Southeastern, we tried to think about how could we take the things that we were learning and share them with these new Mahafaly believers. They don’t
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have a lot of Scripture resources, they don’t read. They don’t have a Bible in their language. But we just had this burden to share what we were learning with them.” They took a church history class with Dr. Stephen Eccher and realized that a lot of the questions that the young Mahafaly churches were facing, were the same questions that the early church wrestled with. Nathan and Tessa began to wonder if stories from church history might be helpful to the Mahafaly churches. They also took a theology class with Dr. Walter Strickland who challenged them to take a doctrine like the Trinity, for example, and explain it in a way that any church member could understand. With that challenge in mind, they asked themselves, “How can we
take some of these deeper doctrines and explain them to our Mahafaly believers in a way that anybody can understand?” The Bakers returned to Madagascar in 2017 and were shocked by the growth of the churches. There were six churches when they left and now upon returning there were 150. Although initially overwhelmed by the task at hand, God confirmed in them that the time spent at Southeastern, being poured into by many different people, especially in the areas of church history and theology, that it was now their time to turn around and pour back into the Mahafaly. Nathan and Tessa knew that the Mahafaly already had the panorama of Scripture, from creation until revelation, all in stories, but they did not have stories of the church from the first church up
SOUTHEASTERN BAPTIST THEOLOGICAL SEMINARY SEEKS TO GLORIFY THE LORD JESUS CHRIST BY EQUIPPING STUDENTS TO SERVE THE CHURCH AND FULFILL THE GREAT COMMISSION.
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until their time today. So they crafted some stories from church history and while doing that they also taught historical theology and how to interpret the Bible. Nathan said, “We’ve just watched our leaders grow through the entire process, and come to better understand the character of God. They have come to grow as leaders. And they’ve learned how to teach from the Bible to their different churches and encourage them through good hermeneutics and good theology. But more importantly, they’ve come to know God better.” Pastor Emasike, one of the church leaders that the Bakers work with stated, “The thing I want to bear witness about to our [church] family across the sea is this…Many thanks for the teachings which you have taught us. I also would like to
The Mission
testify now that we are not suffering even though we don’t have a church building. We simply meet under the tree, in the shade of the tree. And if the wind comes or if the rains come, we simply sit there, learning God’s word, under the tree. We are just carrying out our mission, God’s mission. We aren’t stopping.”
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Thank you from all of us at Southeastern! Note from the Director of Financial & Alumni Development I often think about those who have generously given to ensure our students are able to get to their ministry assignments. I look forward to the day when we will see the impact of those who have given and those who are going. Thank you for your prayers and support,
Jonathan Six
Southeastern Baptist Theological Seminary
Office of Financial & Alumni Development P.O. Box 1889 Wake Forest, NC 27588 919.761.2177 | sebts.edu/give