Board of Trustees Spring 2010 Meeting
Golden Gate Seminary’s Trustees Adopted New Directions at Spring Meeting
Trustees of Golden Gate Baptist Theological Seminary approved the 2010-2011 budget, celebrated financial progress through difficult economic circumstances, adopted a new Faculty Rank and Compensation Plan, and created a new Academic Organizational Plan in their spring 2010 meeting.
Seminary trustees approved a budget of $10,380,000, an increase of $352,000, or 3.5% from last year, but still about $150,000 less than last year’s budget. “As we build revenue back into the budget, the Board has prioritized personnel support,” said President Iorg. “In the budget for next year we have preserved all current positions, all current benefits, ended the Plus One Program for the faculty (who have taught one overload course this year without compensation), and added a few part-time support positions.”
As part of his report, Iorg shared the findings of the recent Seminary marketing analysis, which included focus groups and online surveys. “The purpose of this study was to affirm strengths and discover challenges in how constituents perceive us, so we can more effectively brand the seminary and market our programs.” The survey revealed the depth and breadth of support Golden Gate enjoys among its constituents, particularly among pastors in the Western United States.
A new Faculty Rank and Compensation plan was adopted by the trustees. “This provides the framework to improve our faculty compensation strategy,” noted President Iorg. “Over the next four years, we now have a pathway to meet the goal of faculty salaries exceeding the average salaries of seminaries who are members of the Association of Theological Schools. This is a funding priority for new revenue in the next few years.”
A new Academic Organizational Plan, creating schools of Theology and Christian Leadership, was adopted by the trustees. Iorg explained, “This new organizational plan will shape the way our faculty works together, the way donors shape gifts to support our academic program, and how the seminary is marketed in the future.”
Trustees approved a Master of Intercultural Ministry degree proposal, authorizing the process of creating this new program. It is expected to launch in fall 2011.
The next steps in the continuing development of a new Master Site Plan for the Northern California campus were also approved by the trustees. “We are in the early phases of a multi-year process leading to the development or redevelopment of the Northern California property,” noted Iorg. “This is a challenging endeavor and crucial for our long term future.”
Trustees learned the Seminary has received $12.4 million toward its $13 million goal through the Partners for the Future Campaign. This included recent gifts of two $1 million endowments received by the Seminary.
The trustees also heard reports from its regional campuses. Highlights included an agreement which makes campus housing available at the Southern California campus. Through a partnership with Hope International University, both single students and married couples can obtain housing and campus services about 10 minutes from the Brea, California campus. Steady progress is also being made on launching a teaching site in San Diego, with the first courses to be offered in Fall 2010.
The trustees elected a new Vice President for Enrollment Services, Dr. Adam Groza, and one new faculty member, Dr. Prosperly Lyngdoh, elected as Associate Professor of Missions at the Northern California campus.
Dr. Adam Groza, a California native, currently serves as Director of Admissions at Southwestern Baptist Theological Seminary. He is two-time graduate of Southwestern, earning both Th.M. and Ph.D. degrees. He has authored numerous articles, taught several courses at Southwestern, and served as pastor at Fairview Baptist Church in Rhome, TX.
Dr. Prosperly Lyngdoh, born in India, has served as a missions professor at Barclay College and as a missionary pastor in Mumbai, India. He earned a Master of Arts in Missions and Evangelism from Gordon-Conwell Theological Seminary and a Doctor of Missiology from the Southern Baptist Theological Seminary.
Dr. E. Randall Adams (Oklahoma), Team Leader for the Church Outreach Team for the Baptist General Convention of Oklahoma, was re-elected Chairman of the Board. Continuing for another year as officers are Milton Brock (Texas), President of Brock Insurance Group, as Vice-Chairman and Bob Galey (Michigan), pastor of Oakland Woods Baptist Church of Clarkston, Michigan, as Secretary.