Creating an Endowed Fund
Since the founding of Acadia Divinity College in 1968, alumni, individuals and churches have established endowed funds which provide ongoing financial support to the College and our students. Donations made to these funds are added permanently to the endowment and generate annual income used by the College to support its ministry operations.
Endowments entrusted to ADC are ethically invested and professionally managed. Acadia Divinity College’s Board of Trustees oversees the funds and their management to ensure their long-term sustainability for the institution. Through the Lord’s provision, our supporters have entrusted nearly $20 Million in endowments.
Naming an Endowment
Naming an endowment is an excellent way to carry on a family tradition, to honour a family member or friend or to encourage generosity of future generations. Directing the fund to support specific ministry priorities also allows your passion to live on through Acadia Divinity College, encouraging and supporting future generations in their ministry.
We suggest a minimum of $25,000 to establish a named fund. Many donors will establish a named fund as an “Increasing Endowment” with a smaller lead gift. Over time the fund will be grown through additional gifts and accumulated interest from the investment. When the fund reaches the target amount it will become an Endowed Fund and will begin to produce income for the intended purpose.
Types of Endowments
Operational Endowments provide an important source of stable, long-term income to the College. These funds enable ADC to keep the cost of tuition down for our students by providing predictable operational funding. Many of these funds are used to support the general operation of the College, while some are targeted to support specific areas like Academic Centres, Lecture Series or particular programs.
Additionally, operational endowments are created to providing ongoing funding for particular physical spaces of the College. The College currently has opportunities for naming classrooms, student spaces or other gathering spaces which provide a highly visible way to honour an individual or organization.
Giving to support an endowed academic chair is a powerful way to support teaching excellence in a particular discipline. An Academic Chair is one of the highest honours that an educational intuitions can bestow on a faculty member. It not only signifies the importance of the targeted discipline to the school, but also provides the funding necessary to ensure its place of prominence into the future.
To encourage and support our students, we offer a generous financial aid program. Every year we distribute more than $250,000 in direct support to our students though numerous scholarships, bursaries, prizes, awards, and emergency student aid. All are made possible through the generous endowed funds that have been created by our supporters.
Acadia Divinity College
Office of Advancement
15 University Ave.
Wolfville, NS, B4P 2R6, Canada
General Inquiries: 902-585-2218
To make a Donation: 902-585-2210
Charitable Registration Number: 118776723 RR 0001
Spending of funds is confined to board-approved programs and projects. Each restricted contribution designated towards a board-approved program or project will be used as designated, with the understanding that, when the need for such a program or project has been met, or cannot be completed for any reason determined by the board, the remaining restricted contributions designated for such program or project will be used where needed most.