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Sep 2, 2022 · Virginia Theological Seminary designated $1.7 million as a reparations endowment fund. In September 2019, VTS announced the creation of an endowment dedicated to the payment of reparations, and the intent to research, uncover, and recognize Black people who labored on-campus during slavery, Reconstruction, and segregation under Jim Crow laws.
Sep 1, 2022 · VTS Reparations Program. Date: September 1, 2022. This September marks three years since the Seminary announced the creation of its Reparations Program. The funds within the Program’s now $2.2 million endowment are exclusively designated for payments to our participating shareholders- the direct descendants of African Americans whose labor ...
Feb 9, 2022 · In 2018, Virginia Theological Seminary leadership set aside $1.7 million for an outreach fund; it was decided in 2019 that it would be completely devoted to forming a reparations “initiative.” The money is a portion of the Seminary’s overall endowment.
Sep 9, 2019 · CNN —. An Episcopal seminary in Virginia says it has set aside $1.7 million to pay reparations to the descendants of slaves who worked on its campus, putting the small school at the vanguard of ...
Jun 27, 2021 · Virginia Theological Seminary The seminary started cutting checks for the descendants – whom it describes as shareholders – in February. The $1.7 million endowment is expected to grow and ...
Jun 14, 2021 · Paying Reparations. Virginia Theological Seminary has issued the first checks to descendants of Black people who worked on the campus during the eras of slavery, Reconstruction and segregation. A “servants’ quarters” -- believed to have been used to house enslaved people -- stood on the campus of Virginia Theological Seminary until the 1970s.
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Jul 8, 2021 · Virginia Theological Seminary has identified 32 of the oldest living direct descendants of Black laborers who worked at the seminary during the slavery and Jim Crow eras and has begun making cash payments to them as part of a reparations program. Photo: VTS