Paying off debt before 2011
We are rejoicing! Donors from across the country have responded over the last year and a half to the news that Concordia Lutheran Seminary suffered from financial shortage. Hearing the need, individuals, companies, and congregations gave hundreds of thousands of dollars to cover the costs of running this graduate school. Through their giving people are expressing their excitement for the seminary’s mission and goals, its reason for forming students, the proclamation of the Gospel and the ministry of God’s grace in this world, especially in Canadian LCC churches. The response came in donations from $10 to $500,000. People are giving out of their gifts and out of their tithes. People are giving sacrificially, sharing not just extra money that could have been used for that regular latté, but giving a donation that takes money away from their regular buying power. Even with the generous support, we still need to gather in more money. As President Zeuch mentioned, we are obligated to pay o