2014 A YEAR OF GOING
OUR STUDENTS
*a non-duplicating headcount
2015 // 3,431 2014 // 3,223
2013 // 3,086 2012 // 2,969
FRIENDS o f SOUTHEASTERN
I
pray this annual report finds you well. As we have begun a new year, it is an honor to continue the work of equipping our students to serve the church and fulfill the Great Commission.
We believe God has been especially generous to our institution and we are grateful. He is rewarding the faithfulness of Southern Baptists and Southeastern supporters with well-trained graduates who are pushing back the darkness and advancing the Kingdom in over 41 countries around the world. As of this current semester, He is allowing us to train more than 3,400 students who will become the next wave of graduates. He is demonstrating great kindness through the growth of our Kingdom Diversity Initiative and how it is actively changing the make-up of our student body to reflect His Kingdom. It’s my joy to share with you some specific details from the 2014-2015 academic year at Southeastern Baptist Theological Seminary and The College at Southeastern. We are grateful for what the Lord has done and hopeful about what He will do. Your prayers and support continue to make a difference. We remain passionate to take the gospel to the ends of the earth, but we know we could not do this without the Lord’s work through the hearts of His people. Thank you for your love, prayers, and support. Because you give, we are going. God bless,
Daniel L. Akin President, Southeastern Baptist Theological Seminary
+ GREG MATHIAS SCOTT HILDRETH +
Assistant Professor of Global Studies
Assistant Professor of Global Studies
JOHN BOOZER
retirement | Director of Church Music
2014-2015 PUBLICATIONS DANNY AKIN Exalting Jesus in Song of Songs, Christ-Centered Exposition Commentary Christology
BRUCE ASHFORD Every Square Inch: An Introduction to Cultural Engagement For Christians
JOHN HAMMETT Perspectives on the Extent of the Atonement 40 Questions about Baptism & the Lord’s Supper
DANIEL HEIMBACH Why Not Same-Sex Marriage: A Manual for Defending Marriage against Radical Deconstruction
Andreas Köstenberger For the Love of God’s Word: An Introduction to Biblical Interpretation The Final Days of Jesus: The Most Important Week of the Most Important Person Who Ever Lived Truth Matters: Confident Faith in a Confusing World God’s Design for Man and Woman: A Biblical-Theological Survey Truth in a Culture of Doubt: Engaging Popular Distortions of the Bible
TONY MERIDA Ordinary: How to Turn the World Upside Down Exalting Jesus in Exodus,Christ-Centered Exposition Commentary
BEN MERKLE Understanding Prophecy: A Biblical-Theological Approach
ALLAN MOSELEY Exalting Jesus in Leviticus, Christ-Centered Exposition Commentary
CHARLES QUARLES The Illustrated Life of Paul
MARK ROOKER 40 Questions About Creation and Evolution
46.3% -2
01
5
INcrease in
hispanic // 4.5% black // 3.9% asian // 2.6% other // 3.0% white // 86%
4 1 20
77%
NON-WHITE
Student POPULATION
10.5% to 14% in 2011-2012
in 2014-2015
more students applying from underrepresented backgrounds than 1 year ago
DIVERSITY ScholarshiP QUicklY reached
25% FEMALE
$263,000 in 16 months from launch
See k i n g & eq u i p p i n g s t u d e n t s fro m e v e ry c o r n e r of t h e k i n g d o m
to s er v e i n e v e ry c on t e x t of t h e k i n g d o m
MEXICO
DOMINICAN REPUBLIC
UKRAINE
38
24
15-25
STUDENTS
STUDENTS
ANTICIPATED STUDENTS ( C O M I N G FA L L 2 016 )
SOUTHEAST ASIA
ZAMBIA
EAST ASIA
30
6
15-25
STUDENTS
STUDENTS
STUDENTS
MACEDONIA PROJECT
BRAZIL UGANDA
developments in
EUROPE ASIA NORTH AFRICA MIDDLE EAST
9
COHORT 1
COHORT 1
STUDENTS
STUDENTS
52
STUDENTS
COHORT 2
40
ANTICIPATED STUDENTS
GLOBAL THEOLOGICAL INITIATIVE partnerships
6
2
( C O M I N G FA L L 2 016 )
15-25 ANTICIPATED STUDENTS
SOUTHEASTERN FUND
$777,896
$898,676
$956,109
$917,973
$1,157,912
2011
2012
2013
2014
FROM 2014-2015
FROM 2011-2015
INcrease
INcrease
26% 48.85%
2015
total ENDOWMENT GIFTS
$1,531,384 $1,891,194 $1,293,358 $316,694 $389,927
FROM 2014-2015
7.4%
INcrease
2011
2012
2013
2014
total DONORS FROM 2011-2015
30.50%
2015
total CHARITABLE GIFTS
$1,570,350
$1,509,547
$2,619,589
$3,876,530
$3,391,257
2011
2012
2013
2014
2015
INVESTMENTS
The investments that Southeastern Baptist Theological Seminary oversees are managed in conjunction with the services of CapTrust Financial Advisors and stood at $24,994,088 as of July 31, 2015. SEBTS’ long-term investment goals for our endowment are to achieve an average return of 8%+ per year. In addition, SEBTS draws off of our investment 5% of the endowment value averaged over three years. It is with this draw that SEBTS funds the designated uses of the specific endowment accounts. SEBTS allocates our investments over various asset classes with targeted percentages as follows: Fixed Income—40%, US Equities—27%, International Equities—20%, Commodities—5%, Real Estate—3%, Inflation Bonds—5%. We also screen our investments, where possible, with the screening services provided by the Biblically Responsible Investing Institute. Our investment returns as of July 31, 2015 were as follows:
ACCOUNT POLICY BENCHMARK
7/31/2015 Fiscal QTR
7/31/2015 Fiscal YTD
Since Inception (5/1/2009)
-0.71% -0.70%
3.32% 2.77%
8.67% 9.73%
Southeastern received
$8.2 million last year because of Southern Baptist churches' commitment to the spread of the Gospel and their faithful giving to the Cooperative Program of the Southern Baptist Convention.
COMPOSITE
FINANCIAL INDEX
Access to SEBTS Library
AUDIT Any SEBTS COURSE FOR FREE
120%
MEMBERSHIP INCREASE in 2014-2015
The Southeastern Society is the heartbeat of the Southeastern story. Gifts from SES donors allow us to keep tuition affordable and gives graduates financial freedom to fulfill God’s call. As a member of SES, you have the opportunity to be part of the Great Commission by gathering together, praying for students, sharing Southeastern’s story and sending students around the world.
CELEBRATE OUR PROGRESS & new initiatives
Pray for students faculty & staff
8%
Invite others to partner with US
SUPPORT TRAINING OF STUDENTS GOING ALL OVER WORLD
MEMBERSHIP INCREASE in 2014-2015
Leave a legacy of faithfulness to the Lord and his Great Commission through a planned gift with the Timothy Society. Legacy giving is specifically for training up students to be gospel-ready champions for God’s use in fulfilling his mission.
Minister to students through planned giving
Make an investment in furthering the Kingdom of God
4%
Be part of training THE next generation of leaders
Choose where to designate your gift
MEMBERSHIP INCREASE in 2014-2015
ALUMNI ASSOCIATION
Access to SEBTS FITness Facilities
SOUTHEASTERN SOCIETY
CAMPUS DISCOUNTS
Timothy Society
The Southeastern Alumni Association allows you to give back to Southeastern to help continue the work of training students to serve the local church and fulfill the Great Commission. Alumni Association members have access to resources and special discounts for events. Give a gift that could change the world.
7
IN 2014-2015
MISSION TRIPS
$61,682
distributed for mission trip scholarships
10 11
EAST ASIA
LONDON
7
SALT LAKE CITY
12
SAN DIEGO
10
SOUTHEAST ASIA
7 15
SUDAN
TORONTO
20 Southeastern participants in Crossover Columbus
Distance Learning CAMPUS RENOVATIONS Appleby Handicap Ramp Repair Bostwick Exterior Windows & Trim Painting LIBRARY Flat Roof Wingate Cottage Paschal House Ledford Radio Studio Bostwick New Roof
DISTANCE LEARNING ONLINE 1,057 graduate // 6,837 HOURS 157 certificate // 360 hours 313 college // 2,145 hours
HYBRID 618 graduate // 2,996 HOURS 67 college // 273 hours
Southeastern has received two grants from the Kern Family Foundation specifically to educate pastors and church leaders on the integration of faith with work & economics.
2014-2015
$205,600 PROVIDING technological upgrade of Center for Faith & Culture 3 free classes both on-campus & online Faculty lectures & workshops
For the upcoming year, Southeastern received
$168,700 to continue the
Intersect Project through CONFERENCE for Key Influencing Pastors 4 Select Chapel Speakers PH.D. Colloquia & PAPER WRITING SYMPOSIUM CONTINUed Development of Online classes & Intersect PRoject website
2 Ph.D. Colloquia Wisdom Forum event Intersect Project resource website
in partnership with the
NON-PROFIT ORG U.S. POSTAGE PAID PERMIT #1854 RALEIGH, NC
Financial Development Office P.O. Box 1889 Wake Forest, NC 27588-1889 (ISSN 2327-154X) (Occupant) or Resident
sebts.edu/give
S outheastern Baptist T heological Seminary // The College at Southeastern
iamgoing.org /sebts