Posts published in “SBC”

Study reveals pay, benefits lagging for pastors, minsterial staff

Study reveals pay, benefits lagging for pastors, minsterial staff

August 26, 2022

NASHVILLE (BP) – A study conducted by Southern Baptists’ LifeWay Research and GuideStone Financial Resources in cooperation with state Baptist conventions has found compensation for…

SBC Executive Committee discusses U.S. Department of Justice subpoena in Aug. 15 special called meeting

SBC Executive Committee discusses U.S. Department of Justice subpoena in Aug. 15 special called meeting

August 18, 2022

Miss. Baptist Disaster Relief on Kentucky flood scene

NOT MUCH LEFT — A team of Georgia Baptist Disaster Relief volunteers work to strip a house of remnants of the deadly flooding that occurred in mountainous eastern Kentucky in late July and early August. (Photo credit: Baptist Press)

Miss. Baptist Disaster Relief on Kentucky flood scene

August 15, 2022

U.S. Department of Justice to investigate SBC

U.S. Department of Justice to investigate SBC

August 15, 2022

Pastors peg idols competing with true worship

Pastors peg idols competing with true worship

August 9, 2022

Southwestern Seminary's
full accreditation restored
FORT WORTH — Southwestern Baptist Theological Seminary “is now in full compliance with all accreditation expectations” of the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) following action by the SACSCOC board on June 11, President David S. Dockery announced in a letter today to the seminary community. The action comes after an April site visit to the seminary resulted in a recommendation to remove the sanctions, which were initially put in place in June 2023 with a “warning” status. “Southwestern Seminary is no longer on probation for good cause but is in full adherence with SACSCOC accreditation standards,” Dockery said. “We are genuinely grateful to God to receive this good and encouraging report that all sanctions have been removed, which is an answer to the prayers of many.” Dockery cited six “markers of institutional stability and health,” affirmed by SACSCOC to demonstrate the seminary’s progress: institutional culture embracing of its mission, identity, heritage, and core values; improvements in enrollment, credit hours taught, and increases in tuition revenue; decreased expenses and increased unrestricted revenue resulting a $10 million turnaround; improvement of $40 million in net assets; cash reserves and cash equivalents reaching 50 percent of the annual budget; and dramatic improvements in the institution’s Composite Financial Index, Composite Score Ratio, and bank covenant ratios, objective measures compiled by outside organizations.