Recently, the world has been turned upside-down due to COVID-19 and the measures taken by governments everywhere to slow the spread of the virus. By all indications, the economic impact on Christian colleges and seminaries throughout North America, in the wake of this pandemic, will be significant and in some cases devastating.
In light of this, the seminary’s executive committee recently assessed the situation and concluded that PRTS is in need of your help. By the grace of God, PRTS has no debt and is able to meet its immediate financial obligations. However, the seminary will need your ongoing support with the Operations Fund, and especially the Scholarship Fund. We need to raise $190,000 for the Scholarship Fund over the next month.
The committee has requested that all departments scrutinize expenditures, limiting them to the bare essentials. The committee will also continue to monitor the situation and make adjustments as needed. In an effort to help raise future funds needed to keep the seminary operating, it has just hired Mr. Jeff Holcomb, who resonates with the Reformed experiential emphasis of the seminary and has considerable experience in fund-raising for a Reformed Christian school, as Development Assistant to the President. (We will introduce him in more detail in the next PRTS Update, D.V.) Mr. Holcomb will work part-time, alongside Dr. Beeke and the Director of Development and Marketing, Mr. Chris Hanna.
The committee would also like to thank its donors and supporting churches for their ongoing partnership in training our students to serve Christ and His church throughout the world. Together, with the Lord’s help, we pray that we may be able to weather the uncertainties associated with this crisis. Your prayers are deeply appreciated.