Why we need your supportFunding for Africa University is a two-part $20 million effort per quadrennium. The 2004 General Conference apportioned $10 million to the local churches for the current and day-to-day operations and management of the university. Churches pay approximately 90% of the apportionment amount, thereby leaving a shortfall of approximately $1 million. The second $10 million, to be raised through the World Service Special Gifts, is for a permanent endowment fund to ensure the long-term sustainability of the university. Approximately $3.2M- $4M is raised quadrennially through World Service Special Gifts. The interest earned on the endowment fund is used exclusively for scholarships and other financial aid. Approximately 40% of our students require some form of financial assistance to attend the university. Payment of the apportionments in full and gifts to the endowment are critical to the continued operation of the university. The apportionment fund is used for day-to-day operations. "I expect to pass through life but once. If, therefore, there can be any kindness I can show, or any good things I can do to any fellow human being, let me do it now, and not defer it or neglect it, as I shall not pass this way again." ---William Penn
|