Overview
What is Baptist Theological Union?
The Baptist Theological Union, an educational organization based in Chicago, Illinois, works in collaboration with the University of Chicago. Through their affiliation agreement, they jointly operate the Divinity School at the University of Chicago. The Baptist Theological Union's primary role is to support and direct the theological education at the Divinity School, endowing it with resources in accordance with applicable laws. Their mission is geared towards enriching the theological instruction at the University of Chicago.
What are the reviews and ratings of this charity?
75% rating from Charity Navigator, earning a Three-Star out of Four Star rating reflects a solid organizational performance primarily in the area of Accountability & Finance. This indicates that Baptist Theological Union demonstrates a commendable commitment to maintaining transparency and effective financial management practices.
The organization benefits from having an entirely independent board, which is crucial for maintaining impartial oversight. Additionally, Baptist Theological Union has no reported issues with asset diversion and showcases various strong governance practices, such as a documented conflict of interest policy and thorough record-keeping of board meeting minutes.
However, while the rating highlights strong financial accountability, it is essential to recognize that the overall score is entirely based on the Accountability & Finance beacon. This may suggest that other aspects of performance, such as program impact or community engagement, were not evaluated through this particular rating, which could be a limitation for potential donors looking for a comprehensive overview.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Theological Union legitimate?
Baptist Theological Union is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Theological Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Baptist Theological Union?
The Baptist Theological Union plays a pivotal role in the theological education sector, supporting and overseeing the Divinity School at the University of Chicago. Its mission is geared towards endowing, fostering, and guiding the theological instruction provided at the Divinity School. By working in affiliation with the University of Chicago, the Baptist Theological Union enables the institution to operate effectively. All grants and allocations made by the Baptist Theological Union to the University of Chicago adhere to its tax-exempt purpose and applicable laws.
Who is the CEO of Baptist Theological Union?
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What is the revenue of Baptist Theological Union?
Baptist Theological Union's revenue in 2022 was $22,788,687.
Who are the executives of Baptist Theological Union and what are their salaries?
There 30 volunteers at Baptist Theological Union.
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Where can I find the form 990 for Baptist Theological Union?
Baptist Theological Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Baptist Theological Union
The Baptist Theological Union, a significant educational organization, plays a pivotal role in the theological instruction of the Divinity School at the University of Chicago. With a mission deeply rooted in endowment, support, and direction, it fosters the academic growth of students pursuing theological studies at this esteemed university.
In essence, the Baptist Theological Union collaborates with the University of Chicago under an affiliation agreement. Together, they operate the Divinity School, dedicating all grants and allocations to upholding the tax-exempt purpose of the Baptist Theological Union and adhering to applicable laws. Through this alliance, the Baptist Theological Union advances theological education, ensuring that students receive a high-quality and comprehensive learning experience.
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Impact
October, 2024
Baptist Theological Union plays a significant role in enriching theological education at the University of Chicago through its support and direction of the Divinity School. By endowing and facilitating high-quality theological instruction, it enhances the academic and spiritual formation of future leaders in various ministry settings. This partnership not only fosters rigorous academic inquiry and research but also cultivates a diverse community of scholars and practitioners committed to exploring the depths of faith and its application in contemporary society. The Union's impact lives through the development of programs and initiatives that aim to address both traditional theological questions and current global challenges, preparing students to engage thoughtfully and compassionately in the world around them. Through its strategic allocations, the Union ensures that the curriculum remains relevant, innovative, and equipped to train individuals for impactful service in their respective communities.
This information is meant to be a general summary of Baptist Theological Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22,514,490
- Gross Receipts: $41,443,369
Assets and Liabilities:
- Total Assets: $89,750,980
- Total Liabilities: $0
- Net Assets: $89,750,980
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Organization Details
Founding Year
1865
Phone
(773) 702-1941Main Address
5801 S Ellis University of Chicago, Chicago, IL, 60637
NTEE Category
Code: B110 - Education
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