Failed efforts in Birmingham
Some of us were cautiously optimistic when we went to Birmingham to plead the cause for the Historical Foundation at Montreat. Overtures from twenty-one presbyteries, representing Presbyterians in ten states, had protested the closing of this valued institution, which had served the church since 1927, by the Committee of the General Assembly. Eleven advocates were attending the assembly to speak on behalf of these presbyteries, including myself, an advocate for Coastal Carolina Presbytery.
The Friends of the Historical Foundation had been working for more than two years to find a way to preserve the Historical Foundation. In less than three months the Friends raised nearly a million dollars in conditional pledges, a portion to be used for initial operating costs and the remainder for a self-sustaining endowment. An equal amount of endowment funds for the Historical Foundation was held by the Presbyterian Foundation. The Friends had also secured the promise of volunteers to staff the Historical Foundation. The value of their time was estimated at $200,000 annually. We were hopeful that the Salem overture, which provided two additional years for raising endowment funds, would be adopted, thereby assuring the continuing operation of the Historical Foundation.