I am asking for your help with a significant and immediate financial need here at IBI, which is unique in terms of the level of evangelical theological education it provides to students from a wide variety of church backgrounds and is of huge value to the Irish Church.
Present Financial need
As you may know, we have had difficulty in securing tenants for our first-floor unit and this has left us with a deficit in our budget of €50,000 for this current financial year. In addition, we had an unexpected expense of €10,000 to replace a compressor in our heat and air conditioning unit during the year. Therefore, we need to raise €50,000 (10.0% of budget) in the next 2 months to balance our budget by the end of July, as we do not want to carry this deficit over to next year’s budget.
At IBI, we believe that giving starts close to home so in addition to asking supports and friends to help and approaching trusts, I have asked the Board and staff of IBI to lead the way.
It is encouraging to report that the Board and staff have committed to provide €14,000 to date.
Thank you in advance for considering to support IBI in this once-off need.
Yours in His service.
Jacob Reynolds (Principal IBI)
PS we have just agreed Heads of Terms on a new rental agreement for the first-floor unit (good news for next year)
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The impact of IBI
Recently, while attending an event run by the Charities Institute Ireland – “Communicating IMPACT”, I was challenged to consider what impact IBI is making and how we communicate that impact. I was reminded again of the ongoing impact IBI has on the church in Ireland. As this academic year came to an end, it was encouraging to hear students talk about the impact IBI is making in their lives as the Holy Spirit uses us in transforming them into missional-minded students seeking to serve God and His church.
In addition, it is great to see the immediate impact of our programmes on the life of the Church in Ireland. Within our graduating class of 2017, one will move immediately into a leadership role in the Chinese church; another to church planting in west Dublin and others into pastoral roles in the west of Ireland and Para-church youth ministry.
There is also a long-term impact as two past students have been appointed recently to ministerial roles with the Presbyterian Church in Drogheda and the Church of Ireland in south Dublin.
IBI is unique in terms of the level of evangelical theological education it provides to students from a wide variety of church backgrounds and is of huge value to the Irish Church.