W. Mark Richardson, CDSP president and dean, told Episcopal News Service in an interview that the deal will put the school on a solid financial footing and position it for growth.

CDSP and its assets now belong to Trinity, he said, and the value of those assets “will be a fund, among other resources they have, that supports the program at the school and operation.”[2] CDSP is accredited by the Association of Theological Schools in the United States and Canada and offers degree and certificate programs aimed at training clergy and lay leaders for ministries in the Anglican Communion.

In 1914, CDSP was declared to be the official seminary of what is now known as Province VIII of the Episcopal Church, which comprises seventeen dioceses of the western United States and Taiwan.

CDSP was one of the founders of the Graduate Theological Union (GTU), established in 1962, and is now one of nine member schools and eight affiliated centers in this ecumenical consortium.

In order to keep up with changes and advances in the Church and in theological education, faculty members continually review curricula and make changes as appropriate.

These certificate programs include: The St. Margaret's Visiting Professorship of Women in Ministry is named in honor of St. Margaret's House, a school that trained deaconesses and lay women for ministry in the Episcopal Church when deaconesses were separate orders from deacons.