Contact: Susan Zahn, WDC Media, 877-862-3600, office@wdcmedia.com, editor@wdcmedia.com
LOS ANGELES, Mar 26 /Standard Newswire/ -- An ABC News 20/20 segment critiquing the spending practices of major Christian ministries based on unreliable information obtained from a prejudiced source mislead viewers by presenting biased opinion, innuendo and outdated and incomplete information as facts, according to Paul Crouch, Jr., Vice President of Administration for Trinity Broadcasting Network (TBN).
"20/20 used Wall Watchers Rusty Leonard, who has a longstanding practice of attacking ministries who are not in agreement with his brand of theology, to insinuate—not substantiate--that many Christian ministries might not be spending their donations properly," Crouch said. "20/20 and Mr. Leonard failed to mention that ministries such as TBN, as not for profit organizations, are subject to much more stringent financial scrutiny from both the government and donors than are public or private companies."
To avoid even the appearance of the types of ministry problems inferred in the 20/20 segment, TBN has put into place self-regulating policies that keep the ministry's integrity and transparency intact, such as an independent compensation committee that recommends salaries of its top executives, maintaining debt free operations through prudent planning and wise investing, and utilizing both liquid and long term assets such as real estate to assure the long term viability of the ministry, according to Crouch. "Compliance with these policies along with the already tight regulations applied by the government for nonprofit organizations gives incredible protection and peace of mind to our donor base," said Crouch.
"TBN's transparency and 34 year history of integrity have allowed it (with God's grace) to become the most watched Christian broadcaster in the world," Crouch said. "TBN has a legacy of charity and service to the poor through its His Hand Extended outreaches at its broadcast facilities around the country. Recently, it helped to build a hospital in
TBN is the world's largest religious network and