A Gift that Continues to Give

(by Philip Young, Stegall Foundation Board of Directors)

Mr. Philip Young

Mr. Philip Young

What if you knew that you could make a significant gift today that would provide for seminary students long into the future? Endowments are those gifts that keep giving long after an initial investment.  The goal of fully endowing the Stegall Seminary Scholarship Endowment Foundation is a top priority of our board of directors, as we seek to ensure that the seminary students of the Alabama – West Florida (AWF) Conference have access to the very best preparation for a lifetime of ministry.  

The Stegall Foundation was established in 2007 to provide both financial and spiritual support for seminary students.  Our purpose is to encourage young men and women within our local United Methodist churches to answer God’s call and enter church related vocations. Through our generous donors we are able to provide much-needed financial assistance for their seminary education.  

Endowments are invested by the Foundation,  and a portion of the earnings are reinvested to grow the endowment over time and provide scholarship support in perpetuity.

As seminary education costs continue to increase, building a healthy endowment is vital to the future of the Stegall Foundation.  Endowed scholarships provide for tuition, educational fees, books, living expenses and other family needs.  Many of our students have young families to provide for while they are enrolled in a school often costing around $40,00 per year to attend.

Donors have available to them named scholarship opportunities in the following ranges:

  • Partial Scholarship Endowment: $25,000 to $250,000
  • Full Scholarship Endowment: $250,000+

Your gift in our endowed scholarship will support future ministers of the AWF Conference.  Endowments may be established  in lump payments over a period of time (five years), or by last will and testament.

The Foundation is self-sustaining and all gifts contribute to the needs of our seminary students.  As a  501(c)(3) organization, your financial support is able to capture all the current benefits allowed by the IRS. Please contact us at stegallscholarship@gmail.com to further discuss our endowment options.

Your gift to the foundation provides for the equipping of future clergy to make disciples of Jesus Christ for the transformation of the world. Thank you for your continued prayers and support this Christmas season.

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Stegall Seminary Scholarship
Endowment Foundation
P.O. Box 241661
Montgomery, AL 36124
stegallscholarship@gmail.com
334-233-5655
facebook.com/stegallscholarship

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“Then I heard the voice of the Lord saying, ‘Whom shall I send? And who will go for us?’ And I said, ‘Here am I. Send me.’” Isaiah 6:8