Weblog: LA Times Digs Deeper into TBN's Prosperity Gospel Message Plus: Swaggart promises to kill gay suitors, another Catholic diocese files for bankruptcy, and many other stories from sources around the world. Compiled by Ted Olsen
September 1, 2004 LA Times details TBN's richesand the theology that brought it
When the Los Angeles Timesbroke the news of allegations that TBN founder and president Paul Crouch had engaged in homosexual sex with an employee, several Weblog readers and friends expressed sorrow. The sadness was largely for Crouch and his accuser, but they were also sad that Crouch's leadership was being challenged because of unproven claims of a one-night standnot because of his troubling theology, which he televises daily.
Los Angeles Times reporter William Lobdell seems to understand this, and in Friday's and Saturday's editions devoted far more space to Crouch's faith and finances (along with some business issues) than the paper did to the tryst allegations last week. While there are signs that a bit more care could have been usedan incorrect use of the word fundamentalist here, a misspelling of Pentecostal thereit's clear that Lobdell spent much time reporting these stories, trying to get the details correct.
Those details including descriptions of several of the Crouches' spending sprees and 30 homes are astounding. But the overall picture is one that's evident from anyone who has channel surfed past their "Praise the Lord" show. If one word had to describe TBN and the Crouches, it's opulence.
The numbers: Paul Crouch receives a $403,700 salary. His wife, Jan, gets $361,000. "Those are the highest salaries paid by any of the 12 major religious nonprofits whose finances are tracked by the Chronicle of Philanthropy," Lobdell notes.
The network nets about $60 million a year and has $583 million in assets. Viewers donate $120 million annually to TBN, and 70 percent of those donations amount to less than $50 each. However, ...
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