- July 7th, 2009, 7:20 pm
#266147
Fair scrutiny or media hype?
Religious broadcaster builds $4M home despite layoffs at his ministryFull Article: http://www.usatoday.com/news/religion/2 ... oney_N.htm
Posted July 2, 2009
CHARLOTTE (AP) — A religious broadcaster is building a $4 million home in a gated, lakefront community in western South Carolina at the same time that the ministry has cut jobs and reset thermostats to save money in its new headquarters.
Inspiration Networks' CEO David Cerullo is building the 9,000-square-foot home on a lot that overlooks Lake Keowee, The Charlotte Observer reported Monday.
Inspiration Networks has drawn scrutiny for up to $26 million in incentives it won from South Carolina to move from Charlotte to Indian Land, S.C., in Lancaster County. The network's revenues are expected to approach $100 million, largely donations from people who are told God favors those who donate.
Cerullo has said 80 cents of each donated dollar is spent to spread the Gospel.
In addition to laying off workers, the newspaper reported, the ministry froze wages and stopped making contributions to 401(k) retirement accounts. The thermostat on the network's new building was cut to 65 degree during the winter.
Fair scrutiny or media hype?
"With the threat of hell hanging over my head like a halo..."




- By ballah09
- By LU Armchair coach