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Virginia seminary designates $1.7 million for slavery reparations fund
A Virginia-based Episcopal seminary is placing $1.7 million toward an endowment fund that is designed to pay reparations for slavery. The announcement of the fund occurred last Thursday citing the creation is due to the historical ties the seminary had with slavery. The money is set to fund projects that are in association with the seminary such as emerging congregations but also supporting African-American clergy members and the work of historic African-American congregations. The fund is created fully by the Virginia Theological Seminary in what is stated to recognize racism and an effort of reconciliation and healing in the future.
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