Episcopal seminary to set aside $1.7 million for slavery reparations fund

By The Christian Post

The Alexandria, Virginia campus of Virginia Theological Seminary, which is affiliated with The Episcopal Church. | Facebook/Virginia Theological Seminary

An Episcopal seminary in Virginia has announced that its setting aside $1.7 million for an endowment fund aimed at paying reparations for slavery.

Virginia Theological Seminary, founded in 1823 and based in Alexandria, announced last Thursday that it was creating the fund largely in response to the institution having direct ties to slavery.

Money from the fund is expected to go to projects such as helping emerging congregations linked to the seminary, aiding African-American clergy, and helping to support work by historically African-American congregations.

Source:The Christian Post