The Church of the Nazarene Foundation recently presented $500,000 to Mount Vernon Nazarene University President Henry Spaulding for the establishment of the Harlan S. and M. Marie Ault Endowment.

“The Ault Endowment will be a source of support for generations of those preparing for ministry at MVNU," Spaulding said. "The stewardship and faith of the Aults will become incarnate in the lives of those preparing for ministry."

The gift was presented by Donald Lain, the foundation’s vice president of gift planning.

“As Nazarenes, our great treasures are our colleges and universities," Lain said. "As far back as 1993, Mr. and Mrs. Ault understood the value of these and set in motion the establishment of this endowment that will bless ministerial students for years to come.

“I often sit with donors trying to determine where their generous gift might be best used. Many give consideration to remembering their college or university — either the college or university they attended or the one in their region.”

This endowment will be used to provide tuition scholarships to MVNU ministerial students. Applicants for the scholarship will be required to submit a written commitment to serve full time as a pastor, missionary, or evangelist in the Church of the Nazarene for a minimum of four years.

--Mount Vernon Nazarene University