Lilly Endowment - Theological School Initiative to Address Economic Challenges Facing Future Ministers

Q: When is the deadline for Lilly Endowment - Theological School Initiative to Address Economic Challenges Facing Future Ministers?

This grant has a rolling deadline or the deadline has not been announced.

ASBURY THEOLOGICAL SEMINARY

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Funding Amount

$249,741

Deadline

Rolling / Open

Grant Type

foundation

Overview

Lilly Endowment Grant for Student Debt Issues

Award Amount: $249,741

Program Type: Three-year pilot program

Geographic Scope: United States (seminary-based)

Focus Areas:

Student debt reduction for future ministers

Financial literacy education for students and families

Institutional financial efficiency

Partnership development with undergraduate institutions

Reimagining educational delivery models

Purpose: The initiative enables theological schools to examine and strengthen their financial and educational strategies and practices in order to improve the economic well-being of future pastoral leaders.

Key Objectives:

Understand financial issues impacting seminary students and alumni

Create institutional efficiencies to reduce costs

Explore new partnerships with undergraduate institutions

Re-imagine educational delivery models

Establish robust financial literacy education programs

Funder Background: Lilly Endowment Inc. is an Indianapolis-based private philanthropic foundation created in 1937 by three members of the Lilly family through gifts of stock in their pharmaceutical business, Eli Lilly & Company. The Endowment supports causes of religion, education, and community development.

Recipient: Asbury Theological Seminary

Award Date: November 20, 2012