GGBTS 'within its revenue,' Iorg tells trustees

Baptist Press
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Posted: Nov 04, 2013 5:22 PM
PORTLAND, Ore. (BP) -- Trustees of Golden Gate Baptist Theological Seminary toured the Pacific Northwest campus during their Oct. 14-15 meeting in Portland, Oregon.

"Golden Gate Seminary continues to lead the way in training leaders for ministry in the American West and around the world," President Jeff Iorg said in his opening remarks to the trustees. "At the end of the spring 2013 semester, we recognized 223 graduates who will provide significant global leadership. From a church planter in Montana, to a pastor in California, and a missionary in India -- our recent graduates are touching the world with the Gospel."

Trustees heard reports on numerous items during the meeting, including ATS approval to offer a fully accredited master of divinity degree in a 100 percent online format; the arrival of Ben Skaug as vice president for institutional advancement; and "Ministry in the New Marriage Culture," the conference held at the Northern California campus in early October.

Iorg reviewed his 2015 Diamond Plan goals with trustees and reported that the seminary continues to be "functioning within its revenue and operating without debt."

"We have absorbed two major new expenses in the past three years -- land development costs and faculty salary increases," Iorg noted. "We have done this through prioritized spending and increased revenue . We have also chosen to defer some expenditures that will soon require attention."

Trustees heard presentations by two professors from the Pacific Northwest campus. Both Michael Kuykendall, professor of New Testament studies, and Kon Yang, associate professor of Old Testament studies and associate director of the doctor of ministry's Korean track, shared from their areas of expertise.

"Our board is unified, focused and determined to give the kind of leadership our seminary requires," Iorg said after the meeting. "The board took several votes this fall. All were unanimous and all will continue to sustain our mission."

Golden Gate Baptist Theological Seminary, on the web at www.ggbts.edu, is a Cooperative Program Ministry of the Southern Baptist Convention, operating five, fully-accredited campuses in Northern California, Southern California, Pacific Northwest, Arizona and Colorado.

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Phyllis Evans is director of communications for Golden Gate Baptist Theological Seminary. Get Baptist Press headlines and breaking news on Twitter (@BaptistPress), Facebook (Facebook.com/BaptistPress) and in your email (baptistpress.com/SubscribeBP.asp).

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