KMF Announces Named Seminary Scholarship Funds
A key to the future of our church is strong, theologically-educated, pastoral leaders.
The Kansas Methodist Foundation is working to help fill the need though partnering with families, like yours, to create a named scholarship fund to support seminarians as they answer God’s call in their life.
“One of the most profound gifts I was given when following the calling God placed in my life to go to seminary, was the vital support of scholarships,” said Dustin Petz, President of KMF. “Strong leaders often lead to strong and vibrant congregations. With more pastors retiring, the church needs new strong leaders. At a time when the base cost for a Masters of Divinity program averages $50,000, scholarships help pave a path for seminarians to follow their call.”
Through a named scholarship fund, you can impact the life of a seminarian through creating a scholarship that will have a minimum impact of $1,000 per year. The fund can be in your name or in the name of someone you would like to honor, such as a pastor who has impacted your life.
Depending on your goals for the scholarship, either a term fund or an endowed fund can be created. An endowed fund will generate seminary scholarships in perpetuity and is created with an initial gift of at least $25,000, which may be contributed over a period of up to five years. The scholarship amount is designed to increase over time and keep pace with normal inflation. If you want to make an impact over a set number of years, a minimum gift of $5,000 will create a fund that is fully distributed over a period of five or more years.
If you are ready to create a named scholarship fund, or would like additional information, please contact Tyler Curtis, Chief Development Officer of KMF, at Tyler@KansasMethodistFoundation.org or 620-664-9623.