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Chapel for the Ages Campaign Update

5/30/2012
FOR IMMEDIATE RELEASE

Media Contact: Curtis Prather
Tel: 703-461-1782
Email: cprather@vts.edu

Alexandria, VA – Virginia Theological Seminary’s Chapel for the Ages Capital Campaign surpassed a major milestone last week when it was announced $12 million dollars had been raised towards the building of a new Seminary chapel.
 
To help ensure that we reach our ultimate goal of $13 million, the Mary Morton Parsons Foundation from Richmond, Virginia has recently made a generous 2:1 matching grant of $200,000 toward the Chapel for the Ages Campaign. New gifts will be matched fifty cents on the dollar for qualifying gifts up to $400,000.
 
“With this matching grant, we are in the lovely situation where the person who gives $50 is really giving $75,” explained the Very Rev. Ian S. Markham, dean and president of Virginia Theological Seminary. “And the person who gives a $100 is really giving $150; and the person who is giving a $1,000 is really giving $1,500. If anyone has been waiting, then this is the time to make that gift!”
 
Since the public launch of the Campaign last February, alumni, friends and donors have given more than twelve million dollars to help replace the 129-year old Immanuel Chapel, which was destroyed by fire in 2010. To date, 100% of the Seminary’s board of trustees and faculty pledged to the campaign along with 97% of the students and 70% of the staff.
 
The Mary Morton Parsons Foundation was founded in 1988 by Mrs. Mary Morton Parsons as a private, non-operating foundation to support the capital needs of charitable organizations.  To date, the Foundation has awarded approximately $73 million to qualified grantees.
 
Founded in 1823, Virginia Theological Seminary is the largest of the 11 accredited seminaries of the Episcopal Church. The school prepares men and women, representing more than 40 different dioceses and nine different countries, for service in the Church, both as ordained and lay ministers, and offers a number of professional degree programs and diplomas. Currently, the Seminary represents more than 42 different dioceses and five different countries, for service in the Church.