in this issue:

www.bethel.edu • Spring 2013

HarlessNamed Provost

Page 2

BethelInvestorNews for Donors to Bethel University

Seminary San Diego Building Dedication

Page 3

Invest in Bethel Today

Each year, we ask alum-ni, parents, and friends to invest in Bethel and

in Bethel students. Our fiscal year ends on May 31, 2013, so now is the time to renew your investment by contributing to the Bethel Fund. Donations to the Bethel Fund are crucial to student success. Quite simply, the Bethel Fund helps keep tuition affordable by filling part of the gap between the actual cost of providing a life-transforming, Christ-centered education and what tuition alone covers.

What Is the Bethel Fund? What Does It Cover? When you give to the Bethel Fund, you help bridge this gap by providing expe-riences that make a Bethel education so distinctive, such as spiritual formation oppor-tunities, innovative academic programs and resources, faculty enrichment opportuni-ties, and services crucial to a vital student life experience.

A Sustaining Spiritual LifeYou help create an environ-ment where Christian faith grows and flows through halls, dorms, classrooms, and online conversations.•Challengingchapelspeakers•Off-campusministries•Discipleshipactivitiesavail-

able in all schools— seminary, undergraduate,

and adult education•Missiontrips

One-of-a-Kind Programming Bethel is known for weav-ing its Christian call into its academic programs in inno-vative ways, and your gifts help make this possible. Some examples include:•Fundstolaunchthenew

M.S. in Physician Assistant program, scheduled to begin summer 2013 (pending

accreditation)•Opportunitiesforart students to learn in the heart

of the New York City arts community through the New York Center for Art & Media Studies (NYCAMS)

•Internshipsforseminarystudents to integrate class-room learning with practical ministry

Student and Faculty ResearchYou help provide opportuni-ties for students and faculty to build relationships and nurture their gifts. Both stu-dents and faculty benefit from

grants, many of which involve undergraduate stu-dents and professors col-laborating together to conduct summer research projects.

The Foundation of Student Life at BethelYour gifts ensure that the basic building blocks of the Bethel community continue to welcome each new generation with ways for God to work in every aspect of students’ lives.•Arobust,values-affirming

Bethel Student Association•Betheltraditionssuchas

Welcome Week, Homecom-ing activities, and interim broomball

•Quickaccesstomedicalcare, vaccines, and allergy shots through Health

Services•Helpforstudentstofol-

low God’s leading for their education, careers, and lives through the Office of Career Development and Calling

•SeminaryStudentLifeandministry preparation

resources•Supportservicesforadult

learners in the College of Adult & Professional Studies and the Graduate School

We Invite You to Invest in Bethel Today•JointheBethelFundPart-

ners at the $1,000+ above level (see page 2)

•Ifathleticsareyourpassion,consider a gift to the Royal Athletic Fund (see page 2)

•Donateatleast$10/monthand become part of the Bethel Fund Coffee Club tradition

•Alumni:Yourparticipationmatters! Show how much you value your Bethel degree by giving back to your alma mater. As more alumni give, Bethel’s Alumni Participa-tion Rate (APR)—a key measurement used through-out the nation as a part of school rankings—increases

•Wewelcomeandaregratefulfor each gift at any amount!

Why I Give to BU Athletics“I give to Bethel athletics because I saw how my son benefited from being a student athlete while attending Bethel and I want the same opportunity to be available to other stu-dents. I believe participat-ing in the athletic program complements the academic program by developing key life skills and attitudes such as discipline, commitment, accountability, team orienta-tion, and perseverance. The difference in Bethel athletics is the emphasis on develop-ing the whole person by not only including physical and emotional development but more importantly, spiritual development.”

—Becky Wahlund

•Yourdonationsprovide direct support of Bethel students

It’s Easy to DonateOnline: Visit bethel.edu/givingPhone: 651.635.8050 (800.255.8706, ext. 8050)Mail: Use the enclosed envelope or mail a check to: Bethel University, Office of Development, 3900 Bethel Drive, St. Paul, MN 55112 •

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B E T h E L I n v E S T O R

Friends Gather in NaplesMore than 60 generous investors and friends of Bethel Uni-

versity who make their homes in Naples, Fla., gathered foraspecialeventhostedbyBobandPatLudlow(picturedabove left). They enjoyed a wonderful time of fellowship, heard about the mission and vision of the university from President JayBarnes,andwereaffirmedintheirongoingcommitmenttoBethel’smission.TheJanuaryprogramincludedaninspiringmessagefromJayMilbrandt’04(picturedaboveright),direc-toroftheGlobalJusticeProgramandassociatedirectoroftheNootbaarInstituteforLaw,Religion,andEthicsatPepperdineUniversitySchoolofLaw;heisalsotheauthorofGo and Do: Daring to Change the World One Story at a Time. •

Did you know there is a way to continue your

support beyond your years? It’saccomplishedthroughanendowment. An endowment is a fund setupforperpetuity.Inac-cordance with Bethel Univer-sity’spolicy,eachyear4%ofthe earnings is used to sup-port our mission, generally, or for a specific program, such as student financial aid. This percent is a portion of what thefundactuallyearns;theexcess earnings over spending are reinvested in the fund to help it grow. Here’s why building the endowment is a sound finan-cial strategy for Bethel.

Endowments Are Lasting An endowment fund is designed to grow, and as it does, the amount of the funds available for use each year will increase. This also can act as a hedge against inflation. Let’ssayyousetupanursingdepartment fund. The cost of funding that program will increase over time, and the endowed fund that supports it should be increasing right along with it. Since only a portion of the income earned is spent, the endowment will last forever.

Endowments Are Safe When you establish an endowment fund with Bethel University, the funds are set aside for the purpose for which you created the endow-ment. That means the funds won’t be used for another purpose. A written endow-ment gift document (signed by you and a representative of Bethel University) will be drawn up that describes vari-ous aspects of the fund, the minimum fund value required before income can be used for the fund’s purpose, how funds

Join Bethel Fund Partners

Donors who contribute unrestricted gifts to

the Bethel Fund in a single fiscalyear(June1-May31)arehonored and recognized as Bethel Fund Partners.

Bethel Fund Coffee Club $120/yrFor a mini-mum of $10/month

or$120/year,Bethelalumni,parents, and friends are in-vited to join this long-standing program and enjoy a uniquely designed Bethel mug each year.

$1,000-$2,499

$2,500-$4,999

$5,000-$9,999

$10,000-$24,999

$25,000+

Other Bethel Fund Giving Opportunities

Royal Athletic Association (RAA)Membership is recognized for any household

providing a minimum annual contribution of $500 in unre-stricted support of the Royal Athletic Fund and athletics priorities. These gifts will be recognized toward that house-hold’s annual Bethel Fund investment. For more information about membership and benefits, please contact the Office of Develop-ment at 651.635.8050 or visit bethel.edu/giving/bethel-fund/donate•

Why Should You Consider an Endowment?

can be used, and other terms. The written agreement helps ensure that there will be no “surprises”fromeitherparty;thus safeguarding your inten-tion to establish a fund for a specific purpose.

Endowments Are Individual When you set up an en-dowment fund with Bethel University, you have some decisions to make, including:•Willthefundbeunrestrict- ed (i.e., used where the need is the greatest or restricted to a specific program or purpose)?•Willthefundbeunnamed or named?•Willyoubemakingpay- ments toward your fund’s goal during your lifetime, through your will, or both?•Willotherfamilymembers contribute to the fund?

Answers to these and other questions will help shape the direction and purpose of your fund and enable us to work collaboratively to create a meaningful endowed fund.

For more information about endowments, please contact Dan Wiersum, associate vice president for planned giving and certified specialist in planned giving (CSPG), at 651.635.8052 (800.255.8706, ext. 8052) or d-wiersum@bethel.edu.

This publication is intended to provide general gift planning information. Bethel University is not qualified to provide specific legal, tax or investment advice, and this publication should not be looked to or relied upon as a source for such advice. Consult with your own legal and financial advisors before making any gift.

Copyright © 2009, PlannedGiving.Com, LLC. All Rights Reserved.

After positive feedback from faculty and adminis-

trators, Bethel University Pres-identJayBarneshasappointedDebra Harless to be the new executive vice president and provost of the university. Har-less has served as vice presi-dent and dean of the College of Arts & Sciences since 2009. Her appointment as provost will be subject to ratification

Debra Harless Named Provost of Bethel Universityby the Bethel University Cor-porationinOctober2014. “IworkedcloselywithDeb for eight years, seven of which we officed next to each other,” says Barnes. “She is a proven leader, team builder, administrator, and advocate for Bethel’s mission. She is an example of what we hope a Bethel graduate will be. Deb has the qualifications we need

and the proven capacity to move Bethel forward.” “AsaBethelgraduate,Iam grateful for the profound impact that Bethel had in my life,” Harless says.

Read more: bethel.edu/news/articles/2013/january/provost-harless •

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B E T h E L I n v E S T O R

In MemoriamBethel University recently lost two friends and investors.

Bethel alumnae and investor Phyllis (Karlson) Jacobson ’42, diedinNovember2012.ThedaughterofKarlJ.Karlson,deanofBethelSeminaryfrom1925-1948,sheleftBethelUniversityalegacy estate gift. Her gift is designated for the establishment of a “Best Practices” endowment to support the continued work of Bethel Seminary. The endowment will fund student scholarships, lectureships, and faculty development. For more information about how you can set up an endowment, please see page 2.

Marceline “Marcy” (Nelson) Hendrickson ’50 of San Diego, Calif., (originally from Soudan, Minn.) passed away last spring. SheissurvivedbyherhusbandLowell,adaughter,andtwograndchildren.SheandLowellwerefaithfulmembersofCollegeAvenue Baptist Church in San Diego and have been loyal donors toBethelSeminarySanDiegoformanyyears.LowellservedatBethel University in the Office of Development and as a pastor at several Converge Worldwide (formerly Baptist General Confer-ence) churches. •

On February 7, the instal-lation of David K. Clark

as vice president and dean of Bethel Seminary drew a capac-ity crowd to the seminary cha-pel on Bethel University’s St. Paul campus. The more than 200 family members, friends, students, and colleagues who filled the chapel were joined by many watching online from Bethel Seminary San Diego, Bethel Seminary of the East,

David Clark Installed as Bethel Seminary Vice President and Dean

and points in between. To-gether they witnessed Clark’s official transition from execu-tive vice president and provost of Bethel University to his new seminary post. Clark delivered his ad-dress “With the Church. To theWorld.FortheLord.”during which he outlined his vision for impact, strategy, and community at Bethel Semi-nary. “We are called to go to the world as catalysts of spiri-tual formation,” he explained, pointing to partnership as the seminary’s primary strategy. “We exist to serve God by pre-paring leaders for the church,” he noted. “Our strategy is de-veloping leaders with and for our partners.”

Read more and watch the video: bethel.edu/news/articles/2013/february/clark-installation •

Bethel Seminary San Diego friends, students,

staff, and faculty gathered on February 9 to celebrate God’s goodness in the completion and dedication of the campus’ new building. The afternoon included tours of the new and reno-vated spaces, a reception, and a program. Presentations included remarks by Carlton Harris, senior pastor, College Avenue Baptist Church;remarksbyJamesD.Smith, professor of church history, Bethel Seminary San Diego;introductionsbyJohnLillis,deanandexecutiveofficer, Bethel Seminary San Diego;“TheMissionofBethelUniversity”byJayBarnes,president,BethelUniversity;“Mission of Bethel Seminary” by David Clark, vice president anddean,BethelSeminary;

New Building Dedicated at Bethel Seminary San Diego

“Mission of the Church” by JerrySheveland,president,ConvergeWorldwide;and“Vision of the Faculty” by Mark Strauss, professor of New Testament, Bethel Semi-nary San Diego. Hymns and responses by students round-ed out the program. A special guest was Clifford Anderson, the founding dean of Bethel Seminary San Diego.

Visit bethel.edu/news/articles/2013/february/bssd-building-complete to view more photos from the dedication. •

Pre-Construction Begins in Advance of Health & Wellness CenterConstruction has begun in advance of the proposed new

Health & Wellness Center. This summer, remodeling will begin on the first level of the Hagstrom Center in order to create three classrooms, one of which is planned as an active learning classroom with the appropriate technology and furnishings for project based learning, according to Provost Deb Harless. These new classrooms will provide space that is now provided by tem-porary classrooms located in the Kresge Courtyard. Says Patrick Mazorol, senior vice president for university relations, “This important investment in classrooms begins work on the Health & Wellness Center project.” The temporary classrooms will be removed during the next school year to accommodate construc-tion of the Health & Wellness Center. •

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June1 Seminary St. Paul Commencement, Benson Great Hall1 College of Adult & Professional Studies and Graduate School Commencements, Benson Great Hall8 Seminary San Diego Commencement15 Seminary of the East Commencement17 Bethel Golf Classic, North Oaks Country Club

Visit bethel.edu/events for more information about events.

April5 Grandparents Day19 Bethel Women’s Chorale Spring Tour 2013 Home Concert, Benson Great Hall23 BarbaraRogersandHerbertJohnson Duo-Piano Concert, Benson Great Hall25-28 An Ideal Husband, Bethel Theatre �29 Bethel Philharmonic Orchestra Spring Concert, Benson Great Hall

May1-4 An Ideal Husband, Bethel Theatre3 JazzintheGreatHall,BensonGreat Hall10 Classics in the Great Hall, Benson Great Hall19 Bethel Choir Bon Voyage Concert, Benson Great Hall �25 College of Arts & Sciences Commencement, Benson Great Hall

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CALEnDAR OF EvEnTS

OFFICE OF DEVElOPMENTBruceW.Anderson’74,ExecutiveDevelopmentandUniversity Relations OfficerPhone: 651.635.8050Email: development@bethel.eduWebsite: bethel.edu/giving

Editor: Tricia TheurerDesigner: Thomas Vukelich ’82

T h E B E T h E L

INVESTOR3900 Bethel Drive

St. Paul, MN 55112-6999

Address Service Requested

NonprofitOrganizationUS PostagePAID

Twin Cities MNPermit No 899

In This Issue:

•Bethel Fund Page 1

•Endowments Page 2

•Installation Services for Clark Page 3

•Health & Wellness Center Update Page 3

B E T h E L I n v E S T O R

Bethel FoundationAsofJanuary31,2013,Bethel’sendowmentwas

$37,300,000 and total assets under managementwere $129,600,000. For more information aboutopportunities available through the Bethel Foundation, contact Angella Hjelle, Bethel Foundation executive director, at a-hjelle@bethel.edu or 651.635.1001 (800.255.8706, ext. 1001).

19th Annual Bethel Golf

ClassicJune 17, 2013

North Oaks Golf Club

Get ready to join us for a day of fun in support of

the Bethel Athletic Fund.

Visit bethel.edu/giving/events/golf-classic for more details.

Save the Date!

Bethel Homecoming 2013October 4-6

Each year, Royals come back home to catch up with friends, see what’s new, and celebrate a life-long Bethel tradition.We look forward to seeing you this fall!

Find out more: bethel.edu/alumni/events/homecoming