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Catalogue 2008 Book - Austin Presbyterian Theological Seminary

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117<br />

SEMINARY SUPPORT<br />

ENDOWED FACULTY CHAIR<br />

Attracting and retaining high quality faculty is a priority of <strong>Austin</strong> <strong>Seminary</strong> trustees.<br />

A gift of $2.1 million fully endows a faculty chair, providing competitive salary,<br />

generous benefi ts, and discretionary funds for research and conferences.<br />

SPECIAL ENDOWMENTS<br />

Special Endowments support lectureships, the library, and other specifi c programs of<br />

<strong>Austin</strong> <strong>Seminary</strong>, according to the donor’s interest. Contact the Offi ce of Institutional<br />

Advancement for more information.<br />

MEMORIAL GIFTS<br />

Gifts to <strong>Austin</strong> <strong>Seminary</strong> in memory or honor of a family member or special friend<br />

are welcomed and appreciated.<br />

WILLS AND PLANNED GIFTS<br />

The many friends that have, over the years, included the <strong>Seminary</strong> in their wills<br />

and planned life income gifts have played a large part in making <strong>Austin</strong> <strong>Seminary</strong><br />

the strong school it is today. <strong>Austin</strong> <strong>Seminary</strong> uses the services of our <strong>Presbyterian</strong><br />

foundations to assist those who desire to make a planned or deferred gift from<br />

which the donor receives income for life and the <strong>Seminary</strong> becomes the ultimate<br />

benefi ciary. By including the <strong>Seminary</strong> in your estate planning, your stewardship<br />

can strengthen the church of the future.<br />

FORM OF BEQUEST<br />

The following or like form may be used:<br />

“I give and bequeath to <strong>Austin</strong> <strong>Presbyterian</strong> <strong>Theological</strong> <strong>Seminary</strong>, <strong>Austin</strong>,<br />

Texas, the sum of … dollars (real estate, securities, etc.)” It is requested that<br />

the <strong>Seminary</strong>’s vice president for institutional advancement be informed of any<br />

bequest to the <strong>Seminary</strong>.<br />

ARTICLE FROM THE BYLAWS<br />

“A sacred regard shall be paid to the wishes and directions of all testators or donors<br />

who may bequeath or give anything to the <strong>Seminary</strong>. Any individual or individuals,<br />

who shall, by will or otherwise, found or endow a professorship or a scholarship, or<br />

a fund of suffi cient amount for any specifi c purpose connected with the <strong>Seminary</strong>,<br />

ordinarily may designate the name by which it shall be called.”<br />

LEGAL NAME<br />

The legal name of the institution is “<strong>Austin</strong> <strong>Presbyterian</strong> <strong>Theological</strong> <strong>Seminary</strong>.” It<br />

is incorporated under the laws of the State of Texas, and gifts to <strong>Austin</strong> <strong>Seminary</strong><br />

are tax deductible.<br />

FURTHER INQUIRY AND INFORMATION<br />

Additional information on current or planned gifts to strengthen <strong>Austin</strong> <strong>Seminary</strong>’s<br />

mission of educating leaders for the church of the twenty-fi rst century may be<br />

requested from:<br />

Elizabeth E. Shumaker, Director of Development, or visit our Web site at<br />

www.austinseminary.edu.

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