Grassley Investigation Update: When Is a Parsonage Not a Parsonage?
Sarah Posner | The American Prospect - The FundamentaList | July 9, 2008Sen. Charles Grassley of Iowa, who is spearheading the Senate Finance Committee probe into the finances of six televangelists, released some preliminary results of the investigation Monday. All six of the television ministries he investigated, which all have church tax-exempt status from the Internal Revenue Service, maintain a complex web of financial transactions at home and overseas.
Grassley's statement didn't draw any conclusions about whether any of the ministries violated their tax-exempt status, but the committee's preliminary findings show how a complete lack of transparency or accountability requirements for churches has allowed these television ministries to mushroom into massive and profitable business operations -- tax free.
According to a statement from Grassley's office, there are almost 100 for-profit and not-for-profit entities related to the six churches, and the committee has not determined whether the churches violated tax laws by enriching themselves or their ministers through these companies.
The committee is also looking into whether the churches are giving employees minister status so they can claim tax-free parsonage allowances and whether the televangelists are claiming parsonage allowances for multiple residences.
Also at issue:
allegations that some of the ministries are intimidating whistleblowers -- especially troubling since ministry finances are legally shielded from public disclosure and so whistleblowers are a principal source of information about what goes on inside them.
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- All churches should be taxed. Period.============================================================================================================================
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