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Preaching Finance to Religious Groups
- Article from:
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Quad - State Business Journal
- Article date:
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June 1, 2008
- Author:
- Peterson, Maggie Wolff
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Copyright informationCopyright News for Business, Inc. Jun 2008. Provided by ProQuest LLC. (Hide copyright information)
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Accounting for nearly 10% of the U.S. Gross National Product, the non-profit sector isn't only about projects that make donors feel good.
It's also about big business.
The annual revenue of the 1,300 non-profits represented by the Evangelical Council for Financial Accountability amounts to more than $18 billion, according to council President Dan Busby. Members include such faith-based giants as World Vision, Focus on the Family and the Billy Graham Evangelical Association. The council, based in Winchester, won't accept members whose annual revenue is less than $100,000, Busby said.
"Our typical member is one with $3 million annual revenue," he said.
With that kind of money at stake, the ...
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