Annual Impact Report
2018/2019

FinancialsTyndale Fund Update

Financials

We are thrilled to be celebrating our 125th anniversary together with supporters and alumni who make up the wider Tyndale community. Students are keenly aware of the legacy they follow. With your help, God is preparing them, as He prepared you, to effectively minister in an increasingly complex society.

Many have journeyed with us to this awe-inspiring facility of approximately 400,000 sq. ft. on 56 acres of pristine land. Over these last few years, we have come to appreciate both the blessings and the challenges of operating in such a unique place within the bustling metropolis of Toronto. In this multicultural epicentre, students can be immersed in a world of cultures and perspectives while being rooted in the sound biblical foundation of Christ.

As we seek to wisely steward this amazing asset God has entrusted to us, we have been encouraged to see ancillary operational income rise to 18.27% in 2018–19. This is the result of a growing number of groups that are enjoying the use of the campus during off-class hours. These additional revenue streams help Tyndale moderate any increases in tuition and fees, which ultimately allow us to increase our reach to students.

We were truly blessed this last fiscal year because of your generous contributions which totaled 10.76% of our revenue. General Administration expenses declined over the previous year by more than 2% allowing us to put more resources towards Instructional and Other Projects. Not shown here, but worth noting, is that we were able to meet our required obligations reducing our outstanding debt by nearly $1.9 million during the year.

These continue to be exciting times in the history of Tyndale. As we creatively think of ways to enhance the Christian community of learning on local, national and international scales, our prayer is that you would stand with us. Your involvement and participation in encouraging, promoting and supporting the work is invaluable!

Glen Roadknight
Glen Roadknight
Senior Vice President: Administration and Support Services

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Revenue

2018/2019

  • General Contributions: 10.76%
  • Ancillary Operations: 18.27%
  • Sundry Revenue: 2.14%
  • Tuition and Fees: 68.83%

2017/2018

  • General Contributions: 11.35%
  • Ancillary Operations: 16.98%
  • Sundry Revenue: 2.79%
  • Tuition and Fees: 68.88%

Expenses

2018/2019

  • Scholarships & Bursaries: 7.12%
  • Ancillary Operations: 9.15%
  • Facilities: 13.97%
  • General Administration: 9.64%
  • Institutional Advancement: 2.76%
  • Instructional: 50.96%
  • Interest: 5.56%
  • Other Projects: 0.84%

2017/2018

  • Scholarships & Bursaries: 6.36%
  • Ancillary Operations: 9.42%
  • Facilities: 13.40%
  • General Administration: 12.71%
  • Institutional Advancement: 2.75%
  • Instructional: 49.50%
  • Interest: 5.41%
  • Other Projects: 0.44%

News

Seminary ATS Accreditation

Tyndale Seminary was successfully re-accredited by the Association of Theological Schools (ATS) through March 2029. As Canada’s largest graduate school of theology, the seminary holds true to Tyndale’s 125 years of providing Christian theological education with a global vision of the church. The ATS is a membership organization of at least 270 graduate schools that offer education to those pursuing ministry, teaching and research within theological disciplines.

Tyndale Academic Press Publishing

Tyndale entered a new collaboration in publishing with the Canadian Bible Society (CBS) under the imprint Tyndale Academic Press. In the world of academics, empirically driven studies tend to be the mainstream published works. With Tyndale Academic Press, community-based research will have a platform where such themes as community engagement and the mission of the church can be shared.

President Gary Nelson to Retire

President and Vice Chancellor, Dr. Gary V. Nelson has announced his plans for retirement at the end of his term in June 2020. “We are so grateful for Dr. Nelson’s commitment to Tyndale’s vision and mission and his exceptional leadership over the past decade,” says Steven Holmes, Chair of the Board of Governors. The Board of Governors has authorized the Executive Committee to direct the process of finding a new President and Vice-Chancellor.

20th Anniversary of the Tyndale Intercultural Ministries (TIM) Centre

This past year, the Tyndale Intercultural Ministries (TIM) Centre celebrated its 20th anniversary. The TIM Centre actively develops programs and partnerships that span across the country and even internationally. The Centre participates in current research to understand our changing times and examines issues such as the influx of refugee populations and how faith organizations are helping with the settlement of new Canadians.

Celebrating and Welcoming Colleagues

Dr. James E. Pedlar, Associate Professor of Theology with the seminary, was installed as the new Donald N. and Kathleen G. Bastian Chair of Wesley Studies in the fall of 2018.

Dr. Beth Green recently joined the university college as Visiting Professor: Research, Integration and Educational Formation. Dr. Green is currently serving as Acting Dean, while Dr. Barry Smith, Senior Vice President Academic and Dean of Tyndale University College is on sabbatical until January 2020.

Tyndale Fund Update

Thank you. You make an impact in Christ’s name. Through the chaotic noise of popular culture, the message of God’s truth and love is conveyed by Tyndale students and alumni. You make this possible.

Tyndale students are unique, choosing to serve Christ in situations where Christianity is often marginalized or unwelcome. As a key partner, you choose to enable students by stepping forward in prayers, encouragement and giving. Your gifts impact Tyndale’s – and student’s – greatest needs such as programs, scholarships and bursaries, faculty, staff, activities and infrastructure. Your support makes it possible to continue preparing each student to have a disciplined mind, transformed character, and passionate faith.

As you see in this report, you made a big impact last year. Thank you!

Can You Help?

Can Tyndale students count on you again in the year ahead? To help Tyndale meet the real, practical needs today and plant these seeds, the Tyndale Fund needs to reach $1,725,000. This is a bigger target than those in recent years so that Tyndale can support students affected by changes to the Ontario Student Assistance Program (OSAP).

Thank you for all you do in prayer, encouragement and giving. Thank you for prayerfully considering how you can help Tyndale in the year ahead. Thank you for supporting Tyndale students by sustaining and advancing the Tyndale mission.