Make Your Gift Today
Seminaries of the Episcopal Church receive no financial support from the national church. The General Convention of the Episcopal Church, however, has repeatedly resolved that parishes contribute “at least one percent of its net disposable budgeted income to one or more of the accredited seminaries” in support of theological education. This “Theological Education Offering” (most recently reaffirmed by the 2006 Convention) provides core support for each of the eleven seminaries.
The General Theological Seminary was chartered by General Convention in 1817, when church leaders, with a burst of national vision, conceived an institution that would belong to the whole Episcopal Church, where students from all parts of the country would come to receive the scholarly, spiritual, and community formation to serve their church. Since its founding, the support of dioceses, parishes, and missions has been integral to General’s growth. First, the parishioners of Trinity Church Wall Street, who provided the financial underpinning of the nineteenth century renewal of American Anglicanism, also generously supported its new General Seminary.
The faith and dedication of parishioners across the nation continues to provide over 25% of Annual Giving, supporting the spiritual and community health of General and ensuring the formation of both lay and ordained leadership for our church. Now, more than ever, parishes and missions have a critical stake in the quality of men and women who will preach from their pulpits, teach in classrooms, and serve in mission fields.
We are deeply grateful for the support that comes to General Seminary from parishes and urge your congregation to participate annually in the Parish 1% Giving Plan to support the seminaries of the Episcopal Church.
SINCE IT'S FOUNDING IN 1817, A TRADITION OF GENEROUS PERSONAL PHILANTHROPY HAS SUPPORTED GENERAL THEOLOGICAL SEMINARY'S MISSION of forming and educating leaders for the church in a changing world. The first Episcopal Seminary in the United States, General continues to live into its mission through a community centered on worship, spiritual formation, fellowship, and social justice.
General Seminary is funded by voluntary gifts from our alumni/ae, individuals, parishes and dioceses that are committed to the life-changing work of theological education, an experience that is intellectually rigorous, liturgically comprehensive, and spiritually grounded in Anglican worship and community.
Your gift, of any size, contributes to the spiritual and community health of General Seminary, and is one of the strongest means of supporting the formation of our scholars and ensuring the future of theological education in New York City.
If you prefer to make a gift by check, please send it to "The General Theological Seminary"
c/o The Office of Institutional Advancement, 440 West 21st Street, N.Y., N.Y. 10011
WAYS TO HELP
Direct Giving - Online or by Check
After clicking the "Donate Now" button, you'll be taken to a secure site where you can select one of these options on the donation form (see the pull-down menu "Program designations"). If you choose to pay by check, simply write your selection in the memo line.
- A gift to our Annual Fund, is the "first and best gift" one can make to the Seminary. Annual Fund gifts are applied immediately to those things we care about most -- our academic programs, our distinguished faculty, making tuition affordable for talented seminarians of diverse financial backgrounds, investing in facilities and technology, and maintaining the Close -- our beautiful and historic grounds.
- In all seasons, the Close is uniquely beautiful with the support of the Chelsea Square Conservancy, a special fund dedicated to enhancing our historic gardens and grounds. Gifts to the Conservancy contribute directly to the annual bulb planting, the long-term care of our sixty trees, and the maintenance of our gracious lawns.
- The Friends of the Library actively support The Christoph Keller Jr. Library of the General Theological Seminary of the Episcopal Church. Membership helps preserve and expand the Library's collections and advocate for a strong library.
- Established in 1976 The Center for Christian Spirituality educates and forms leaders to offer ministries of spiritual guidance, including spiritual direction. The CCS is grateful to all who care about spiritual leadership in the church and in the world and express their care through a gift to GTS directed to CCS.
- Gifts directed to Scholarship assistance support General Theological Seminary's commitment to attracting persons of academic excellence and true gifts for ministry from wide and diverse backgrounds, regardless of their financial resources.
Stock certificates can be reassigned directly to General Seminary, or they may be transferred through your broker. For detailed instructions, please click here or consult with the Office of Institutional Advancement.
A charitable trust is a useful estate planning tool that allows you to remove assets from an estate, potentially reducing probate expenses and estate taxes, while ensuring the financial well-being of your family and, if providing a significant planned gift.
Gifts of Life Insurance
Paid-up life insurance policies provide an excellent opportunity for accomplishing philanthropic objectives. If the circumstances under which a life insurance policy was purchased no longer apply, you may wish to consider putting that money to work for General Seminary.
Gifts to the Endowment
Leaving a Legacy
A Legacy Gift, also known as Deferred or Planned Giving is an effective way of ensuring General Theological Seminary's future vibrancy. You can make a Legacy Gift to General in a number of tax-beneficial ways. When you make a bequest or contribution of any size in your will, you become a member of The Jacob Sherred Society.
All of us who have studied, taught, worked, and worshiped at GTS are beneficiaries of the generosity and leadership of Jacob Sherred, a prominent architect and vestry member of the early Trinity Parish in NYC. Upon his death in 1821, his bequest secured General Theological Seminary's future. By including General Seminary in their wills, trusts, or other forms of estate planning, members of the Society that bears his name have joined a powerful legacy of philanthropic support to prepare future leaders of our Church.
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The General Theological Seminary has partnered with Network for Good to securely process your online credit card donation. To donate now using our secure online form, please click on the link below. You can make a one-time donation or a recurring monthly, quarterly or annual donation.
Personal philanthropy is one of the strongest means of supporting the mission of the General Theological Seminary. In making your gift today you ensure the future of theological education here in New York City.
Donating Securities: How to Give
Stock certificates can be reassigned directly to General Seminary, or they may be transferred through your broker. For either transaction, please consult with the Office of Institutional Advancement for detailed instructions.
Advantages: Federal income tax laws allow you to deduct the full market value of appreciated securities on the date of gift, subject only to a limitation of 30% of your adjusted gross income. The excess beyond the 30% may be carried forward for five years. By making a gift of appreciated stock you avoid capital-gains tax on the appreciated value.
In the case of securities which have decreased in value (have a fair market value less than your cost basis), donors most often sell the securities, taking the loss for tax purposes, and then contributing the cash proceeds. In this way the gift provides a deduction for both the sale loss and for the charitable contribution.
How To Transfer Securities
By giving your broker the following information, you will ensure a direct transfer of gift securities from your brokerage account to the Seminary's. As always, please consult a financial advisor for the best way to accomplish charitable objectives through a gift of securities.
Securities may be transferred to:
The Glenmede Trust Company
Attention: Trust Operations (tel. 215-419-6093)
DTC # 2139
Agent Bank # 12286
FBO The General Theological Seminary Gifts Account # 5373-01-2/3.2
The Seminary can also accept securities in certificate form. Please contact the Office of Institutional Advancement for further instructions.
Closely Held Stock
If you control stock in a closely held corporation a gift of that stock to the General Seminary can generate substantial tax savings. You will receive a charitable contribution deduction equal to the fair market value of the stock, subject to the limitation rules that apply to gifts of securities.
Advantages: Once you have given closely held stock your corporation may redeem shares of the stock from the Seminary in an amount equivalent to the value of the shares which you contributed. The Seminary will receive cash, and you will have received an appropriate tax benefit.
The Internal Revenue Service and the courts have approved this type of transaction as long as the Seminary is not legally bound or cannot be compelled by the corporation to surrender the shares for redemption.
For further information, please contact
Vice President, Institutional Advancement
Support for the annual fund is the "first and best gift" one can make to the Seminary. Annual Fund gifts are applied to daily operations at GTS and directly affect those things we care about most: supporting formative programs that prepare our students for parish ministry, making tuition more affordable for talented seminarians of diverse financial backgrounds, compensating our distinguished faculty, maintaining our historic chapel and the beautiful resources of the Close.
CLICK BELOW TO MAKE A SECURE ONLINE DONATION
The annual fund goal for fiscal year 2012 (July 1, 2011 to June 30, 2012) was $1,000,000. Through your generosity and God's grace we were able to surpass this! This year we are hoping to have another $1 million dollar investment in Theological Education. Please give as generously as you are able. To achieve our goal, we must have increased commitment from all those who care about theological education on Chelsea Square. You may wish to consider a monthly gift, which can be automatically withdrawn from your bank account. For only $84 a month, you will provide the Seminary with more than $1,000 in annual support, which would be a remarkable testament of our community's faith in the Seminary's future!
CLICK BELOW TO MAKE A SECURE ONLINE DONATION
For further information, please contact
Director of Development