A comparison of the seminaries’ cash-on-hand as of July 31:

2004:

Golden Gate — not reported
Midwestern — $1,097,608.00
New Orleans — $1,561,409.00
Southeastern — $5,311,077.00
Southern — $1,407,534.00
Southwestern — $6,166,528.00

2005:

Golden Gate — $643,364.00
Midwestern — $1,164.683.00
New Orleans — $3,654.328.00
Southeastern — $6,196,218.00
Southern — $905,610.00
Southwestern — $5,578,417.00

Difference:

Golden Gate — unavailable
Midwestern — $67,075.00
New Orleans — $2,092,919.00
Southeastern — $885,141.00
Southern — ($501,924.00)
Southwestern — ($588,111.00)

Congratulations, Southwestern Seminary. You finished 2005 having depleted your cash-on-hand totals more than any other SBC seminary.