Fletcher Seminary has filed 501c3 paperwork with the IRS, under the advisement of legal counsel and a certified public accountant. We are confident we will receive our determination letter in a timely fashion, and have already begun to cultivate a base of committed initial donors. We have recruited multiple lead gifts for a capital campaign, and are developing a strategy to cultivate monthly giving with friends of the new seminary.
Our Commitment to Donors
Transparency – Fletcher pledges to keep donors informed of how their gifts are being used, and to always make available the latest institutional financial statements.
Accountability – We believe strongly that donor gifts should be used for the propose they were given, and we pledge to abide by strict accounting standards, submitting to an annual independent audit.
Trust – We pledge to cultivate meaningful relationships rooted in trust with our donors, and to conduct all relationships with donors in a professional manner.
Our Present Needs
Initial gifts given to Fletcher can help with operational startup costs and capital expenditures in the first year. These expenses include outreach efforts, church relations, and the initial hiring of staff.
Fletcher also needs gifts to help establish scholarship funds for the women and men who will attend our seminary. We are keeping tuition low, and have very low projected overhead.
Gift Acceptance Policy
The Jesse C. Fletcher Seminary solicits and accepts gifts for purposes that will help the organization further and fulfill its mission. Fletcher Seminary urges all prospective donors to seek the assistance of personal legal and financial advisors in matters relating to their gifts, including the resulting tax and estate planning consequences. The following policies and guidelines govern acceptance of gifts made to Fletcher Seminary for the benefit of any of its operations, programs or services.
Acceptable types of gifts –
The following gifts are acceptable:
- Tangible personal property
- Real estate
- Remainder interests in property
- Oil, gas, and mineral interests
- Life insurance
- Charitable gift annuities
- Charitable remainder trusts
- Charitable lead trusts
- Retirement plan beneficiary designations
- Life insurance beneficiary designations.
Use of Legal Counsel — Fletcher Seminary will seek the advice of legal counsel in matters
relating to acceptance of gifts when appropriate. Fletcher’s full gift acceptance policy is available here.