TBN Televangelists Buy $5,000,000 Home
LOS ANGELES TIMES, Nov.4,2001, page K15
DITC Commentary: Ever wonder where all those "seed faith" dontations are going? Whose getting rich again? Remind me. It thought it was those people who sent in their seed faith donations who were going to get a "100 fold increase" and that they would be the ones buying luxury homes. What a shock to find out it doesn't work out that way! Duh!!!!
Televangelists JAN and PAUL CROUCH of the Costa Mesa-based Trinity Broadcasting Network have purchased a Newport Beach house for close to $5 million, Orange County Realtors say.
The home was described as "a palatial estate with ocean and city views." The Crouches had been living in a smaller house in the same neighborhood.
The house they bought has six bedrooms, nine bathrooms, a billiard room, a climate-controlled wine cellar, a sweeping staircase and a crystal chandelier.
The three-story, nearly 9,500-square-foot house, which has an elevator, also has a six-car garage, a tennis court and a pool with a fountain.
The house is on slightly more than an acre. Jan Crouch had been wanting a bigger yard for her dogs, sources said.
Trinity Broadcasting, established in 1973, has more than 768 TV stations on the air worldwide. The Crouches oversee a $100-million-plus-a-year enterprise. Even so, faithful viewers are said to consider the couple, who are in their 60s and have been married since the 50's, as everyday folk.
$100 million a year for 25 years is 2.5 billion raised by TBN maybe according to the always wrong and religious hating LA times.
What percentage of the income is 5 million of 2.5 billion?
They did more, accomplished more and as a percentage gave more than most pastors of the collections.
What you have just told me is they kept .002% of collections for their retirement home. What pastors around use such a small percentage of their collections?