ITC Receives $1 Million Gift from Lilly Endowment Inc. to Support ITC 2.0
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Posted By: Katrina Garnes on September 30, 2020 ATLANTA, GA – The Interdenominational Theological Center (ITC) has been awarded a $1 million unrestricted grant by Lilly Endowment Inc. to support ITC’s new strategic direction, known as ITC 2.0. This funding is part of Lilly Endowment’s initiatives to provide financial support to Historically Black Theological Schools impacted by the global pandemic and to support communities of color. “Historically Black Colleges and Universities are facing an unprecedented convergence of several issues due to the convergence of COVID-19 and social unrest related to the loss of Black life. Amid this social upheaval ITC has been forging its future. This gift from Lilly Endowment allows us to focus on capacity building for our next most faithful steps toward ITC 2.0,” stated Matthew Wesley Williams, ITC’s President. ITC will use this gift to provide student scholarships, support faculty and staff development, and strengthen ITC’s program offerings. The ITC is the only African American graduate theological consortium in the world and the only such consortium that is a member of the United Negro College Fund. The grant to ITC is one of six grants Lilly Endowment has made to Historically Black Theological Schools to assist them in responding to financial pressures caused by the pandemic and in carrying forward their important work supporting Black churches. ITC and the other theological schools play pivotal roles in preparing leaders for Black congregations and they serve as anchors in their church systems and communities, according to Lilly Endowment. This new gift comes after the ITC’s announcement of a “Jubilee” financial aid program offering up to $5,000 per student; a new Apple technology leasing program for faculty and students; and, a partnership with Campus, a modern, cloud-hosted portal that provides an integrated digital connected campus experience for ITC students, faculty, staff as well as alumni. For information on contributing to ITC’s fundraising initiatives, please contact Nancy L. Jones, Vice President for Institutional Advancement, at nljones@itc.edu. ## About Lilly Endowment Inc. Lilly Endowment Inc. is an Indianapolis-based private philanthropic foundation created in 1937 by J.K. Lilly Sr. and his sons J.K. Jr. and Eli through gifts of stock in their pharmaceutical business, Eli Lilly and Company. While those gifts remain the financial bedrock of the Endowment, the Endowment is a separate entity from the company, with a distinct governing board, staff and location. In keeping with the founders’ wishes, the Endowment supports the causes of community development, education and religion and maintains a special commitment to its hometown, Indianapolis, and home state, Indiana. Learn more at lillyendowment.org. Lilly Endowment Inc. Lilly Endowment Inc., is a private philanthropic foundation supporting the causes of religion, education and community development. We afford special emphasis to projects that benefit young people and that strengthen financial self-sufficiency in the charitable sector. lillyendowment.org About the Interdenominational Theological Center (ITC) Founded in 1958, the Interdenominational Theological Center (ITC) is a historically African American theological consortium located in the heart of Atlanta, GA. The ITC cultivates transformative faith-rooted leaders in partnership with five Christian denominations, three of which are historically Black faith traditions: Baptist, African Methodist Episcopal, Christian Methodist Episcopal, United Methodist, and Church of God in Christ as well as one at-large constituency that represents an additional ten denominations, the Selma T. and Harry V. Richardson Ecumenical Fellowship. The ITC is the only graduate theological center that prepares leaders for such a wide swath of the African American faith community. ITC graduates enter professional careers in the church, academia, chaplaincy, nonprofit and social advocacy leadership roles. The ITC is fully accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) and The Commission on Accrediting of the Association of Theological Schools in the United States and Canada (ATS). Learn more at https:///www.itc.edu or for continuous news and updates, follow ITC on social media @ITCEducation. ### If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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