Thursday 18 January 2018

Why Ralph Winter’s Missions Mobilizer Is Up for Sale

Shift in global evangelism prompts downsizing of US Center for World Mission’s famous Pasadena property—but not all alumni are ready to say goodbye.

The late missiologist Ralph Winter envisioned a place to “awaken” a million evangelicals to the world’s unreached people groups. It took nearly 10 years of fundraising, and donors big and small, to pay off the $15 million property in Pasadena, California, that became the US Center for World Mission (now Frontier Ventures) and William Carey International University (WCIU).

More than four decades later, with the missions landscape evolving and the Southern California cost of living continuing to skyrocket, Frontier Ventures and the university are in a non-binding agreement to sell the majority of the property their forebears had rallied to buy.

Frontier Ventures president Fran Patt and WCIU president Kevin Higgins confirmed to CT that they’ve been in talks with a potential buyer for the past month. Up for sale are roughly 15 acres of campus, a 2.5-acre soccer field near the Frontier Ventures office building, and a yet-to-be-determined portion of surrounding property, which includes homes, dorm-style residences, and office space owned by WCIU.

The partner ministries plan to maintain a smaller footprint in Pasadena, keeping the Frontier Ventures building known as Hudson Taylor Hall and, at this point, at least half the homes they own. Patt and Higgins declined to discuss the estimated value of the property or the amount of the offer.

“There are still a number of challenges: we need to agree on all the exact details, and that will take time,” Higgins wrote in a blog post in December. “Even once we get to that agreement, there will be significant time needed as the buyer would need to secure their funding.”

The ministries’ leaders have considered selling off a portion of the property ...

Continue reading...



from
http://feeds.christianitytoday.com/~r/christianitytoday/ctmag/~3/dOynijyymBE/ralph-winter-center-world-mission-save-campus-for-sale-wciu.html

No comments:

Post a Comment