Endowment Opportunities

Several endowment opportunities are available for helping to establish the college. Critical to the accreditation process and to the ability for the institution to continue growing, the following endowment options will ensure that NEBC is financially firm.

Work StudyLibraryNEBCVisiting Professorship
Opportunity: NEBC awards a limited number of work study scholarships to incoming students. Each student who receives a work study scholarship will work 20 hours per week on campus in addition to their studies and ministry practicum requirements. A work study endowment meets tuition needs without high interest debt. At this time, we are looking at 25 work study scholarships for the 2016-2017 school year.

There are multiple students who would be unable to attend NEBC without the opportunity provided by our work study program. The work study endowment would allow NEBC to provide qualifying students with an education that will help them to change the spiritual landscape of the Northeast. Upon graduation, these students will be able to immediately enter their field or ministry without the burden of student loan debt.

Cost: $2.5 million
The $2.5 million endowment will provide the corpus for the work study program. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund the actual scholarships each year

Giving today? Please label your gift Work Study Fund.

Opportunity: The mission of Hogue Library is to undergird the mission of NEBC in the education of men and women of integrity. The library accomplishes this mission by providing access to quality information resources and instructional services. The Hogue Library building comprises about 6,000 square feet of space and is the largest Christian library in Vermont.

The Library endowment is a necessary element of the accreditation process to ensure the ability of the college to provide an ongoing place of expanding reference for all studies. The Library endowment will provide faculty and staff the tools needed for training students.

Cost: $1 million
The $1 million endowment will provide the corpus for the library’s day-to-day operational budget. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund daily operations

Giving today? Please label your gift NEBC Hogue Library Fund.

Opportunity: Our prayer is that NEBC will be training students to have the Mind of a Scholar, the Heart of a Shepherd, and the Perseverance of a Soldier until Jesus returns. Endowment giving ensures the ability of NEBC to make an impact on the world far into the future. As we continue to pursue regional accreditation, it is clear that a large piece of the accreditation process includes having endowed funds in place for the overall day-to-day operations of the college.

Without a doubt, God has brought a team of dedicated people together who have joined what He is doing in the establishing of NEBC. While the foundational work of NEBC has been laid through the dedicated personal sacrifice of our staff and faculty, mission teams, and individual donors, to continue forward, an endowment is crucial.

Cost: $2.5 million
The $2.5 million endowment will provide the corpus for the day-to-day operational budget. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund daily operations

Giving today? Please label your gift NEBC Endowment Fund. Learn more about our Firming the Foundation campaign.

Opportunity: In our quest to provide the best possible academic experience for our students, NEBC desires to bring outstanding scholars who are recognized as experts in their particular field of study to teach for a semester or full academic year. A Visiting Professorship endowment will allow the college to supplement our fine faculty with visiting professors of recognition.

Cost: $500,000.00
The $500,000.00 endowment will provide the corpus for the compensation of visiting professors. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund visiting professor compensation

Giving today? Please label your gift Visiting Professorship Opportunity.

There are also several specific academic endowment possibilities that would allow expansion and continued quality in the following academic departments.

Biblical StudiesChurch PlantingBusinessMusic
Opportunity: The success of any educational institution relates directly to the quality of scholarship exhibited by the professors. When a Biblical Studies endowment is in place, the ability of the college is enhanced to support faculty in the classroom as they teach, research their areas of study, and publish their findings. A Biblical Studies endowment ensures the longevity necessary to the training of men and women for ministry.

Cost: $2.5 million
The $2.5 million endowment will provide the corpus for the Biblical Studies program. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund the day-to-day program operations

Giving today? Please label your gift Biblical Studies Fund.

Opportunity: The success of any educational institution relates directly to the quality of scholarship exhibited by the professors. When a Church Planting/Entrepreneurial Leadership Professorship endowment is in place, the ability of the college is enhanced to support faculty in the classroom through practical study of the responsibilities of a Bi-vocational Church Planter/Entrepreneurial Leader. A Church Planting/Entrepreneurial Leadership Professorship endowment ensures the longevity necessary for training men and women for ministry.

The ability to plant a church in the Northeast almost always requires someone who is willing and able to work bi-vocationally. Having professors who understand the unique New England region is vital for training students to lead in Church Planting while giving them the bi-vocational skills of an Entrepreneurial Leader.

Cost: $1 million
The $1 million endowment will provide the corpus for the Church Planting/Entrepreneurial Leadership program. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund daily program operations

Giving today? Please label your gift NEBC Church Planting /Entrepreneurial Leadership Fund.

Opportunity: The success of any educational institution relates directly to the quality of scholarship exhibited by the professors. When a Business endowment is in place, the ability of the college is enhanced to support faculty in the classroom through practical vocational training for the responsibilities of a business manager, entrepreneur, or executive pastor. A Business endowment ensures the longevity necessary to the training of men and women in administration for business or ministry.

Cost: $2.5 million
The $2.5 million endowment will provide the corpus for the Business program. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund daily program operations

Giving today? Please label your gift Business Fund.

Opportunity: The success of any educational institution relates directly to the quality of scholarship exhibited by the professors. When a Music endowment is in place, the ability of the college is enhanced to support faculty in the classroom through practical vocational training for the responsibilities of worship and music ministry. A Music endowment ensures the longevity necessary for training future musicians, worship leaders, and music ministers.

Cost: $2.5 million
The $2.5 million endowment will provide the corpus for the Music program. Our conservative investment strategy projects that it will:

  • Earn an average of 10%
  • Allow 3-4% for inflationary reinvestment
  • Permit 6-7% to fund daily program operations

Giving today? Please label your gift NEBC Music Fund.

Give Now
Mail a Check

Northeastern Baptist College Institutional Advancement
PO Box 4600
Bennington, VT 05201

Stay in Touch

Sign up to receive our regular e-newsletter and stay updated on God's work at NEBC.

Join the Mailing List
Find out More

Gifts to NEBC come in all shapes and sizes. Each and every contribution will help NEBC impact the Northeast and the World with the Gospel of Jesus Christ.

See our FAQs
Give us a call

For more information about giving, please call:

Sherrill Coberley
Office of Advancement
802-753-7233