Southeastern Baptist Theological Seminary

Transparency Report – 2024

Theological Transparency

SEBTS is a confessional Southern Baptist institution firmly and foundationally committed to the inerrancy, infallibility, authority, and sufficiency of God’s word and the priority of the Great Commission.

Motivated by biblical fidelity, SEBTS requires every faculty member to covenant to teach in accordance with and not contrary to The Abstract of Principles and The Baptist Faith and Message 2000, standing resolutely where Southern Baptists have stood historically and where they stand today in their common statement of faith.

In addition to these confessional statements, SEBTS affirms The Chicago Statement on Biblical Inerrancy and The Danvers Statement on Biblical Manhood and Womanhood as accurate expressions of the institution’s convictions and commitments concerning Scripture and its instructions about gender roles. SEBTS also recognizes the Nashville Statement as a faithful account of the biblical teachings on gender and sexuality, though the statement is not an officially adopted confessional statement of the institution.

These confessed and affirmed statements have been publicly adopted not only to safeguard the institution’s biblical and theological teaching in perpetuity but also to clearly and unashamedly articulate its doctrinal and confessional identity.

As a Great Commission institution, the mission of SEBTS is to glorify the Lord Jesus Christ by equipping students to serve the Church and fulfill the Great Commission. This means that SEBTS approaches theological education, spiritual formation, and ministry and missions preparation from a Great Commission perspective, partnering with local churches to train students as disciple makers.

Financial Transparency

Charitable Giving

Overall Summary 

Institutional charitable support eclipsed $7 million for the first time in the history of the institution, despite growing economic concerns due to inflation, market volatility, ongoing supply-chain issues, etc. Over the past three years, SEBTS has seen a dramatic increase in the overall charitable outlook of the institution, which has allowed us to see continued generosity and charitable giving despite external factors. Over the past five years the average amount of institutional support has increased by 44% over the previous five-year period. This amounts to an additional $1.6 million realized annually on average.

 

 

Endowment Report 2023

Investment Strategy

  • Asset allocation is critical
  • Downside protection is important
  • Biblical worldview is non-negotiable

Embrace Stewardship

  • Employ portfolio to reflect worldview
  • Engage in investments honoring to God
  • Believe that our resources belong to God

Fund Overview

The Endowment Fund is a long-term investment for SEBTS requiring annual spending and real growth. The Fund consists of global equity, fixed income, special opportunities, and real assets.

Purpose and Expectation

The long-term goal of the Endowment Fund is to exceed the sum of 5% annual spending, inflation (Consumer Price Index), and fees.

Risk Control

We expect the overall volatility to be less than the benchmark, and this is achieved by diversifying among many different asset managers and asset types. One of our core principles is downside protection, so care is taken to hire managers appropriately and to diversify widely.

 

Enrollment Transparency