Seminary FINANCES   

Sources of Seminary Income

• 45%    Gifts and grants from individuals and congregations
• 24%    Tuition and fees
• 12%    Endowment income
• 12%    Auxiliaries and other sources
•   7%    ELCA churchwide and synod support

Total Income Budget

• $24.1 million
• Size of endowment: $76.8 million (as of October 2011) 

Annual reports