NEWS STORY: Ailing Economy Squeezes Seminaries’ Endowments

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c. 2003 Religion News Service (UNDATED) For the nation’s seminaries, there seem to be two key words relating to their immediate financial futures: economy and endowment. At Union Theological Seminary, where the endowment has dropped in three and a half years from $79 million to $60 million, officials are in the midst of negotiations to […]

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