Contact: Lorri Silvera, Media Relations, Joyce Meyer Ministries, 636-349-0303, mediacontact@joycemeyer.org
ST. LOUIS, Nov. 28 /Standard Newswire/ -- On November 6, 2007, U.S. Senator Chuck Grassley of Iowa, the ranking member of the U.S. Senate Committee on Finance, formally requested the leadership of Joyce Meyer Ministries to provide detailed records and personal information pertaining to Dave and Joyce Meyer for his review.
While the ministry is not under obligation by law to submit this information; in keeping with our own high standards of fiscal responsibility, our respect for the democratic process, and our established tradition of transparency with our ministry supporters, we are preparing the requested documents for presentation to the senator's office--on time (by December 6, 2007) and in full detail.
Our timely response to the senator's efforts to ensure the financial accountability of all non-profits is a decisive demonstration of the high standard of fiscal responsibility that we hold ourselves to, above and beyond legal obligation, out of our deep commitment to our ministry partners and friends. We are profoundly thankful for the many Americans who help make this far-reaching global ministry and its charitable outreaches possible.
Those familiar with Joyce Meyer, who watch her television program, read her books, or listen to her messages of hope and strength, recognize that on a personal level, she and her husband, Dave, are deeply committed to a high standard of stewardship both in their personal lives and in the daily operations of the ministry. Each year, independently audited financial reports are made available to the public upon completion as a demonstration of our commitment to fiscal responsibility. (Click here to view 2003-2006 financial reports.)
As a further demonstration of this commitment to our ministry supporters and our high regard for transparency, the ministry is also pleased to release at this time a supplemental document illuminating facets of the ministry that the senator has requested for review, Answers to Common Questions (see below) as well as information not specifically requested by Senator Grassley's office. This document addresses recent inquires the ministry has received from members of the media in a specific and straightforward manner.
Delanie Trusty, CFO of Joyce Meyer Ministries stated earlier today, "We are deeply respectful of the senator's efforts and are confident that the information presented to his office will exceed the senator's high standards of review and the truth will be revealed-- that Joyce Meyer Ministries and the Meyers are in complete compliance with financial regulations and each take such matters very seriously."
For more information about
For specific information about how ministry funds are spent, please visit www.joycemeyer.org/whatwedo.
Supplement: Answers to Common Questions
Regarding Internal Revenue Service (IRS) Guidelines and Compliance - Just four weeks prior to Senator Grassley's inquiry, on October 10, 2007,
Regarding Compensation of Dave and Joyce Meyer -
Joyce Meyer is a New York Times #1 bestselling author, and her books have appeared on the New York Times bestsellers list multiple times. As a result, she is compensated by royalties produced from the sale of these books via bookstores worldwide and other retail and online outlets outside of
Regarding the Purchase of a $23,000 Commode - While many have mistakenly associated this piece of furniture with a common household toilet, this particular term actually refers to the classic definition of commode identified by Webster's Dictionary as, "a tall elegant chest of drawers." In 2001, when the ministry moved into its current 150,000-square-foot headquarters located in
Regarding the Stewardship of Ministry Funds for Ministry Purposes - In 2006, 82 percent of all ministry funds received were used for outreach and program services directed at reaching people with the Gospel of Jesus Christ and meeting the physical needs of the less fortunate all over the world. The ministry used 13 percent for administrative purposes, and just 5 percent was used for fund-raising activities. For 2007, the ministry is on track to maintain this level of stewardship and, because of the generosity of its partners and friends, will be increasing its global missions budget to more than $28 million. These specific mission endeavors to people of developing nations and the