Donor Beware: Gospel for Asia’s Fine Print
(TrinityFi) Almost four years have passed since Gospel for Asia (GFA), the global promoter of native missionaries, settled a class action lawsuit for $37 million. GFA has finished paying back $37 million to former donors (Editor’s Note. They were accused of only sending 13%of its donations to the mission field instead of their promosed and advertised 100% ) The settlement agreement also required GFA to “publish annual reports of all work accomplished with donated funds.”
While the 2022 annual report is not yet available, we can review the 2021 annual report.
If the annual report is accurate, GFA provided water for 39 million people, sponsored 142,000 children and taught 27,000 women to read. While the reports of charitable activities are impressive, there is no disclosure of how much these activities cost.
The GFA annual report doesn’t disclose total assets, travel costs, legal expenses or other financial numbers that cautious donors may wish to review before giving. By claiming to be a church or association of churches, GFA also avoids filing the IRS Form 990 which discloses salaries of top ministry executives and features an itemized statement of expenses. *
Understanding Restricted Donations
GFA collects money for constructing church buildings, drilling water wells, supporting missionaries, child sponsorship and livestock. But does the money reach its intended recipient?
As required by the settlement, GFA’s website features a disclaimer which says, “Regardless of particular designations, moneys are raised for ministry purposes, and GFA retains discretion to use donated funds in any manner that serves our charitable objectives.”
Imagine giving money to support a missionary and then learning the missionary family or church never received the funds.
In 2019…to continue reading, click here.
Editor’s Note. This article was writen by Barry Bowen and published at TrinityFi
About Author
The Gospel For Asia (GFA WORLD) “ministry” controlled by K.P. Yohannan is primarily a shell enterprise masquerading itself as a Christian charitable organization. Its ongoing mission is to defraud donors by misrepresenting themselves as a christian ministry whose purpose is rasing funds to provide material and spiritual relief to the poor.
INSTEAD and under this guise GFA’S leadership purposely redirects the vast majority of donated funds to enrich K.P Yohannan and family materially rather than GFA’s adverised use. The photo’s that use of economically disadvantaged people that they are supposed to be helping are paid actors playing a part.
The individuals being portrayed are always the same people posing in various locations around the word. It’s all a front to decieve the donors.
The majority of GFA’s donations are always diverted for K.P Yohannan’s own personal empire building. Expendatures such as PERSONAL PROFIT hospitals, rubber plantations, professional soccer team, schools and even a Catholic like religion called the Believers church that he purchased and subsequently enthroned himself as the supreme pontiff. Athe images of his bishops kissing his ring in public are horrendous.
To the western donors he wears a suit and tie. To the donors in the east he dresses like a pope wearing scarlet robes, ENTHRONED ABOVE HIS followers AS THEY WORSHIP HIM . CULT LIKE.
GFA WORLD and K.P Yohannan are exactly what that Acts chapter 5 account of Ananias and Sapphira were.
Audited financial reports show for example that GFA raised 93.5 million dollars in Canada from 2008-14 and then supposedly forwarded the money to India. However the Indian Government reports that GFA claimed no income whatsoever from Canada in the corresponding time frame. The money just disappeared.
Every single notable Christian leader that was on their board of directors has abandoned them after learning of these serious allegations. Even the ECFA has removed them from their list of accreted charities after examining the many irregularities, inconstistances and gross misrepresentation of what they were allegedly doing with the donations.
http://www.thespec.com/news-story/6397796-hamilton-based-charity-allegedly-can-t-account-for-over-90m-in-donations/
http://www.christianpost.com/news/gospel-for-asia-withheld-hundreds-of-millions-meant-for-urgent-needs-says-ecfa-157439/
http://www.christianitytoday.com/ct/2015/december-web-only/report-details-why-gospel-for-asia-lost-ecfa-membership.html
http://www.christianitytoday.com/gleanings/2016/february/lawsuit-gospel-for-asia-misused-donations-gfa-kp-yohannan.html
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