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Bethel Church-Related Ministries Reported for Possible PPP Loan Fraud

(TrinityFi) After reviewing recently published Form 990s, Trinity Foundation has reported two of three non-profit organizations affiliated with Bill Johnson’s California megachurch Bethel Redding for possible Paycheck Protection Program (PPP) loan fraud.

Trinity Foundation reported Bethel Media and Bethel School of Technology, but not Bethel Music, to the Small Business Administration.  Let’s take a look at their loans and Form 990s.

The loan program was authorized by Congress to help small businesses and non-profit organizations retain employees during the Covid-19 pandemic. However, all three organizations report zero employees on page one of their latest Form 990s, but it is possible they use independent contractors.

(Photo: Bethel Media Form 990, page 1, line 5 reports zero employees.)

In 2020, Bethel Media received a PPP loan for retaining 77 jobs and in 2021 received a second loan for retaining 50 jobs. According to ProPublica’s Tracking PPP database, Bethel Media received…

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Editor’s Note, This article was written by Barry Bowen and published at TrinityFi.

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News Religion Roman Catholic Stuff

Roman Catholic Dioceses Took Billions in PPP Loans Despite Sitting on Hundreds of Millions in Cash

(Business Insider) The Roman Catholic Church in the US received as much as $3.5 billion in federal coronavirus loans, according to an analysis of government data by The Associated Press (AP).

On Monday, the US Small Business Administration made public the companies and bodies it had awarded loans under the $659 billion Paycheck Protection Program.

3,500 loans were granted to Catholic entities at various levels — including individual parishes and dioceses, as well as schools, the AP said. The total came to between $1.4 billion and $3.5 billion.

Its analysis suggested the true figure could be higher still thanks to other loans which were not registered in the latest data.

Catholic bodies that received loans under $150,000 were not included in Monday’s list, which could further increase the total…

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Editor’s note. This article was written by Bill Bostock and published at Business Insider. Title changed by Protestia.

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Breaking Church Coronavirus Religion Shutdown

These Pastors and Churches Took Millions in PPP Loans

(Evangelical Dark Web) Joel Osteen landed in hot water when the Houston Chronicle broke the story that Lakewood Church had indeed accepted Payroll Payment Protection loans under the Small Business Administration’s allocation for non-profit organizations to benefit from this lockdown relief program, which he previously denied. But Joel Osteen was far from the only pastor and Lakewood Church was far from the only church to have received these forgivable loans. In fact, Lakewood Church’s $4.4 million haul was not even the largest.

Methodology

The Evangelical Dark Web analyzed the data released by the Small Business Administration of all organizations that were approved of loan amounts greater than $150,000. We searched and selected several prominent Evangelical organizations found to have been granted a loan. Catholic Dioceses and mainline denominations are excluded from these findings. It is possible that some of the churches under non-denominational are affiliated organizationally or ideologically with established denominations. The exact loans amounts were not disclosed in the SBA metadata. The selected examples are not exhaustive, but they are meant to contain the largest churches and America’s most influential pastors, particularly those who are in and represent Big Eva, and teachers and churches that readers have requested more research on. These results contain churches, seminaries, faith-based media outlets, and ministries. Blatant heretical movements are labeled but this categorization is not universally applied to organizations theologically aligned to these movements for the brevity of research.

Results

The organizations synonymous with Big Eva such as The Gospel Coalition, 9Marks, and programs under the Cooperative Program of the Southern Baptist Convention all have forgivable loans. Tim Keller’s The Gospel Coalition received up to $1 million while his church, Redeemer Presbyterian Church of New York City, received up to $5 million. Mark Dever’s 9Marks and his church, Capitol Hill Baptist Church, received up to $350,000. The SBC’s Ethics and Religious Liberty Commission, helmed by Russell Moore, received up to $1 million. Five of the six Southern Baptist Seminaries (SBTS being the outlier) received loans ranging from $1 million to $5 million…

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Editors note. This article was an exclusive written and published by the Evangelical Dark Web. Check out their content.