Securing The Future
Securing the Future Update
The Way Ahead for QTC
In the kindness of God. on 31st January 2023, A Future QTC Ltd became the new owners of the QTC Building at 369 Boundary Street, Spring Hill! We are so thankful to God and to everyone who gave so generously to make this possible!
Until such times as the wider legal and financial issues surround the PCQ are resolved, the new company (“A Future QTC Ltd”, which exists to support ant strengthen our ministry) has leased the building back to QTC, giving both protection and security to the College. We have been amazed, humbled and encouraged by the way in which God has provided for us—but now the next stage of our life begins in earnest…
The Ongoing Challenge
From the beginning of the ‘Securing the Future’ campaign, we knew that it was highly likely that we would need to borrow some money to augment what was so generously given. The total of over $5M raised was staggering, but it left A Future QTC Ltd needing to borrow over $3M in order to buy the building. We have done this in the most prudent way possible, and will continue to manage our commitments carefully, but we do now need to begin to repay the loans provided to us by like-minded organisations. On current projections, we will need to raise around $300k per year in order to service and pay off these loans, which is why we are asking once more for your prayers and your help.
As we move forward, our urgent need to raise a massive amount of capital quickly has been replaced by an ongoing need for regular donations of any size to help us to service and reduce our debt. Giving even say $10 per week (or a fixed amount per month or annually) will make a huge difference to the health of QTC. That’s why we’re asking you to consider an ongoing commitment to partner with us.
We do realise that that for some, it would be preferable to make a one-off ‘thank offering’, now that the building has been secured for the ministry of QTC. That too would be enormously valuable as we seek to reduce our debt (the more quickly we do that, the less we have to raise over time to meet interest payments).
How to act...
If you would like to make either a one-off gift, or set up a regular transfer, please use the appropriate details:
Tax Deductible Donation Details
Account Name: A Future QTC Ltd Building Fund
Account Number: 12217995
Reference: <Your Surname, First Initial (e.g. Smith, D)>
General Donation Details
Account Name: A Future QTC Ltd
Account Number: 10341974
Reference: <Your Surname, First Initial (e.g. Smith, D)>
If you have any questions, please don’t hesitate to contact Vicki Meehan (at firstname.lastname@example.org), our new Communications Manager who’ll be managing partner relations along with Gary, our Principal (email@example.com).
After you have made a donation, please fill out the form below so we can provide you with a tax receipt (as we are legally required to do). It is no longer possible to give anonymously, but please rest assured that we treat all personal details as confidential and process such information on a need-to-know basis.
Securing the Future Donation Form
All donations will be used to secure QTC's future, which might include options other than purchasing the Spring Hill building.
We thank you for partnering with QTC to secure its future.
"QTC is by far the strongest theological training college of its kind in Queensland, and one of the strongest in Australia. Money devoted to its strengthening and growth is well invested."
Emeritus Professor of New Testament, Trinity Evangelical School
Cofounder and Theologian-At-Large, The Gospel Coalition
"QTC has an incredibly valuable part to play in the advance of biblical gospel ministry in Australia and further abroad. The preparation of the next generation of Christian leaders must be our priority for the health and growth of the churches. Please support this strategic initiative.”
Principal, Moore Theological College, Sydney
"In a day when so many voices and pressures in our world seek to diminish the church or divert the church from its mission, we need theologically trained leaders more than ever. I thank God for the solid training in the scriptures provided by Queensland Theological College and pray for its continued impact throughout Australia and the world for years to come.”
Author and Bible Teacher
"Establishing QTC in its own facilities is perhaps the most obvious strategic investment for the sake of the gospel in this country. Any money given will establish a secure base for this critical work, and then repay itself 100 times over in gospel impact for generations to come. This work is a multiplier, a generational multiplier. All of us need this work to thrive. Give!”
Senior Pastor, EV Church, NSW
Chair, Reach Australia
"It is now 15 years since I became personally acquainted with QTC. Over that time I have seen it become a strategic link in the chain of gospel ministry in Brisbane and beyond. Through its faithfulness to the Bible as the word of God and a commitment to rigorous yet warmly devotional teaching, it has earned a deserved reputation as a place where students will receive a well-rounded, conservative theological education. It has been a joy for me to mentor students training at QTC, and see firsthand God working in demonstrable ways as this training bears fruit in their lives and ministries.”
Emeritus Pastor of City North Baptist Church
"It’s hard to imagine a better eternal investment than training the next generation of Christ-like men and women for gospel saturated ministries. QTC is such an investment.”
National Director, Australian Fellowship of Evangelical Students
16th December 2022
We’ve just received the news that the Supreme Court of Queensland has approved the sale of our building to ‘A Future QTC Ltd’. A lease has also been approved by the court between QTC and the new owners of the building, so the future of the College is now finally secure.
We are deeply thankful to God for your prayers, encouragement and immense generosity in supporting the ‘Securing the Future’ campaign.
We plan to hold a thanksgiving service on Monday 6th February at the QTC building (which will also be our commencement service for the new year). Please do plan to join us then!
More details to follow in the new year.