endowment
Robert E. Lemon has been the treasurer of the Seventh-day Adventist world church for the last six years. He recently reported tithe takings of $1.78 billion for the last fiscal year – as well as a multimillion “extraordinary tithe”.
In a wide-ranging interview with Spectrum, he shares his insights about how giving trends are changing, how the Church spends its money and why endowments aren’t always a good idea.
( June 9th, 2008 )
Since Pacific Union College announced its plans last year to develop an Eco-village around its campus it has faced opposition. The project, whose goal is to build a significant endowment for the school, has spawned several opposition groups, the primary one of which is Save Rural Angwin (SRA). These groups argue that the development will ruin the distinct rural nature of the Angwin, the village around PUC, and lead to pollution and over-crowding.
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