Gifts to the Annual Fund provide the financial resources for students to receive tuition/scholarship assistance on a need basis. Approximately two-thirds of our current students must have some help with tuition in order to pursue their studies.
Additionally, faculty and administrative compensation as well as basic office materials come from the Annual Fund. The Operational Ministry of the Seminary for the 2008-09 fiscal year (August 1, 2008 to July 31, 2009) is a very modest and frugal $870,450. See the summary listed below.
The Seminary students, faculty and staff value highly the commitment made by those who share our mission of preparing students for life and ministry. Over 32% of the Annual Fund comes from gifts provided by individuals and churches/organizations. We depend on the graciousness of our friends to support the Seminary in a faithful and generous way.
We encourage you to send a gift today. To see the difference a monthly contribution would make, click on Monthly Gift.  Please send your tax deductible gift to Baptist Seminary of Kentucky, 631 S. Limestone Street, Lexington, KY 40508. SUMMARY OF 2008-09 OPERATIONAL MINISTRY      > Revenue                                                                                          Â
Contributions – Individuals               $ 450,174.00*
Contributions – Churches/Org.          $ 117,000.00
Contributions – Scholarships            $   24,000.00
Tuition (Gross)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $ 190,450.00
Application & Audit Fees                  $    3,700.00 Other Income                                     $  65,126.00
Total                                                   $ 870,450.00 *Includes a portion of financial campaign funds planned for annual budget Expenditures
Instruction                                           $ 272,753.00
Administration                                     $ 270,037.00
Institutional Support                          $ 112,213.00
Scholarship Assistance                       $ 110,450.00
LTS Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $ 105,000.00
Total                                                     $ 870,450.00
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