Senate Panel Probes 6 Top Televangelists
CBS News has learned Sen. Charles Grassley of Iowa, the ranking Republican on the Senate Finance Committee, is investigating six prominent televangelist ministries for possible financial misconduct.
Letters were sent Monday to the ministries demanding that financial statements and records be turned over to the committee by December 6th.
According to Grassley's office, the Iowa Republican is trying to determine whether or not these ministries are improperly using their tax-exempt status as churches to shield lavish lifestyles.
The six ministries identified as being under investigation by the committee are led by: Paula White, Joyce Meyer, Creflo Dollar, Eddie Long, Kenneth Copeland and Benny Hinn. Three of the six - Benny Hinn, Kenneth Copeland and Creflo Dollar - also sit on the Board of Regents for the Oral Roberts University.
A spokesperson for Joyce Meyer Ministries provided CBS News with an IRS letter to the ministry dated October 10, 2007, that stated: "We determined that you continue to qualify as an organization exempt from Federal income tax." The letter could not be independently verified in time for this story. The ministry also pointed to audited financial statements for the last three years that are posted on the organization's Web site.
In a statement, Benny Hinn's spokesperson, Ronn Torossian, said the ministry was in the process of determining the best course of action in response to the Senate investigation. "World Healing Center Church complies with the laws that govern church and non-profit organizations and will continue to do so," Torossian wrote.
In a statement to CBS News, Creflo Dollar called his ministry an "open book" and said he would comply with any "valid request" from Grassley. But he noted that the inquiry raised questions that could "affect the privacy of every community church in America."
The other three ministries did not respond to requests for comment from CBS News on Monday.
Because they have tax status as churches, the ministries do not have to file IRS 990 forms like other non-profit organizations - leaving much financial information largely behind closed doors...[Open in new window]
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You know, as soon as their tax-exempt status is gone these con-men/ministers will move on to some other scam. Something involving investment probably. Let's wipe out all the churches & then Wall Street. Then these bums will have no place to hide.
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CBS News has learned Sen. Charles Grassley of Iowa, the ranking Republican on the Senate Finance Committee, is investigating six prominent televangelist ministries for possible financial misconduct.
Letters were sent Monday to the ministries demanding that financial statements and records be turned over to the committee by December 6th.
According to Grassley's office, the Iowa Republican is trying to determine whether or not these ministries are improperly using their tax-exempt status as churches to shield lavish lifestyles.
The six ministries identified as being under investigation by the committee are led by: Paula White, Joyce Meyer, Creflo Dollar, Eddie Long, Kenneth Copeland and Benny Hinn. Three of the six - Benny Hinn, Kenneth Copeland and Creflo Dollar - also sit on the Board of Regents for the Oral Roberts University.
A spokesperson for Joyce Meyer Ministries provided CBS News with an IRS letter to the ministry dated October 10, 2007, that stated: "We determined that you continue to qualify as an organization exempt from Federal income tax." The letter could not be independently verified in time for this story. The ministry also pointed to audited financial statements for the last three years that are posted on the organization's Web site.
In a statement, Benny Hinn's spokesperson, Ronn Torossian, said the ministry was in the process of determining the best course of action in response to the Senate investigation. "World Healing Center Church complies with the laws that govern church and non-profit organizations and will continue to do so," Torossian wrote.
In a statement to CBS News, Creflo Dollar called his ministry an "open book" and said he would comply with any "valid request" from Grassley. But he noted that the inquiry raised questions that could "affect the privacy of every community church in America."
The other three ministries did not respond to requests for comment from CBS News on Monday.
Because they have tax status as churches, the ministries do not have to file IRS 990 forms like other non-profit organizations - leaving much financial information largely behind closed doors...[Open in new window]
*
You know, as soon as their tax-exempt status is gone these con-men/ministers will move on to some other scam. Something involving investment probably. Let's wipe out all the churches & then Wall Street. Then these bums will have no place to hide.
*
posted by Dan at 12:37 PM
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