GOP Senator Investigates Spending at Several TV Ministries
By Jacqueline L. Salmon
Washington Post
Some of the nation's biggest televangelists -- including faith healer Benny Hinn and best-selling Christian book author Joyce Meyer -- are targets of an investigation by Iowa Sen. Charles E. Grassley, the top Republican on the Senate Finance Committee.
After receiving reports of lavish spending at the ministries, Grassley said yesterday that he has requested detailed documents on the finances of the organizations, which bring in hundreds of millions of dollars in donations annually.
All of the ministries have been the target of complaints for years by watchdog organizations, which have alleged that the groups' charismatic leaders dip deeply into donations to fund extravagant lifestyles.
The Grassley investigation is "well-deserved and well-overdue" said Rusty Leonard, who runs MinistryWatch.com, which examines how nonprofit Christian organizations spend donations.
Under Internal Revenue Service regulations, religious organizations "whose principle purpose is the study or advancement of religion" are exempt from financial reporting requirements demanded of other groups.
(Continued here.)
Washington Post
Some of the nation's biggest televangelists -- including faith healer Benny Hinn and best-selling Christian book author Joyce Meyer -- are targets of an investigation by Iowa Sen. Charles E. Grassley, the top Republican on the Senate Finance Committee.
After receiving reports of lavish spending at the ministries, Grassley said yesterday that he has requested detailed documents on the finances of the organizations, which bring in hundreds of millions of dollars in donations annually.
All of the ministries have been the target of complaints for years by watchdog organizations, which have alleged that the groups' charismatic leaders dip deeply into donations to fund extravagant lifestyles.
The Grassley investigation is "well-deserved and well-overdue" said Rusty Leonard, who runs MinistryWatch.com, which examines how nonprofit Christian organizations spend donations.
Under Internal Revenue Service regulations, religious organizations "whose principle purpose is the study or advancement of religion" are exempt from financial reporting requirements demanded of other groups.
(Continued here.)
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