LSTC News Release
Cornelsen Family Foundation pledges $500,000 gift to create program fund and match employee donations at LSTC
Posted Mar 11, 2008
The Floy L. and Paul F. Cornelsen Family Foundation has pledged $400,000 to create an endowed program fund at LSTC to fund guest lecturers, faculty research, and teaching assistants. An additional gift of up to $25,000 a year over four years, will match any new gifts given to the seminary by its employees.
The Cornelsens are long-time supporters of LSTC and its ministry of preparing leaders for the church. They became well-acquainted with the importance of this ministry in the 1970s when they joined Living Word Lutheran Church in the St. Louis, Mo., area and met Dr. John H. Tietjen, who was president of Christ Seminary-Seminex and one of the founding members of the congregation.
Their generous gift endowed the Dean of the Chapel/Cornelsen Director of Spiritual Formation position at LSTC. With a vision for the future of the church that includes pastors who are well-equipped in every way, they continue to be generous partners in ministry with LSTC.
Dean and Vice President of Academic Affairs, Kadi Billman said, "The Cornelsen gift to strengthen the academic program will be of inestimable value to LSTC faculty and students. It will help LSTC strengthen its teaching assistantship program, which offers opportunities for students to develop their skills in educational ministry as well as faculty mentors who pursue excellence as teachers and co-learners. It will encourage the creativity of faculty members who already have projects waiting for program support dollars. Funding to launch dreams boosts morale, not least because it is provided by those who have confidence in what we can achieve together. Thanks to the Cornelsens for this heartening and challenging gift!"
"LSTC is grateful to the Cornelsen Family Foundation for giving its employees a wonderful incentive to contribute to Equipping the Saints for Ministry, our comprehensive campaign," said President James Kenneth Echols. "While giving thanks for the skill and dedication each seminary employee contributes on a daily basis, this gift also puts a premium on financial gifts from those who work at the seminary."
Faculty and staff will seek to meet or exceed $25,000 in additional gifting each of the next four years.
Assistant V.P. for Advancement
Director of Communications
The Lutheran School of Theology at Chicago forms visionary leaders to bear witness to the good news of Jesus Christ. Its approximately 290 students come from all parts of the United States and from around the world to study in the masters level and advanced studies programs. Graduates become pastors, other church leaders, and university and seminary professors. LSTC is a seminary of the Evangelical Lutheran Church in America and a member of the Association of Chicago Theological Schools, allowing students to cross-register among the 12 member seminaries and drawing on a wealth of ecumenical resources. LSTC enjoys a number of cooperative arrangements with the University of Chicago.