In common with countless other Christian organisations, churches and missionary societies across the world, IBTS has had an exceptionally rocky twelve months financially – our reserves have lost a lot of value and our main donors have reduced their level of giving between 20% and 100%. Troublesome times!
So our owners, the EBF, are taking stock! They held a 24 hour consultation about our future on 1-2 October. 30 people from the EBF officers and Unions turned up, together with the President of the Baptist World Alliance. Guided by Dr David R Goodbourn, President of the Partnership for Theological Education (Manchester, UK) we entered into a process of looking at what matters about IBTS, what are the challenges for IBTS and what is the future to be for IBTS.
What matters – our research culture; Baptist/Anabaptist studies and identity; Applied Theology and Contextual Missiology, a place for Baptists from Europe and the Middle East to encounter one another.
What must we do and what are the priorities:
1. If we can, stay on the site by reducing costs and increasing income until the annual accounts balance without dipping in to the reserves.
2. If that’s impossible – move to smaller, more modern, eco-friendly premises in Prague area near to the airport.
3. If we can’t do either of those then seek to find another country and Baptist partner where we can maintain our academic standing, validation, national accreditation, Baptist identity and teaching in English or another major European language.
A good outcome – but much hard work ahead!
– Keith
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