Seabury-Western Theological Seminary, one of 11 schools in the U.S. dedicated to preparing Episcopal priests, told tenured faculty on Thursday that their jobs would end next year.
On Thursday, the seminary’s board of trustees declared an imminent financial crisis, a required step in order to end the employment of tenured faculty. The seminary’s budget is projected to run a $500,000 shortfall for the current fiscal year. Annual expenditures are projected to run $2.9 million. Seabury-Western also carries a $3.5 million debt.
When I was a seminarian at Nashotah House Seminary, we used to play Seabury-Western in a football match, which we called the “Lavabo Bowl”.
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