Daystar TV’s Financial Practices Questioned in Investigation by Barry Bowen and Pete Evans
In an investigative report by Barry Bowen and Pete Evans of the Trinity Foundation, Daystar TV faces allegations of operating more like a for-profit business while benefiting from tax exemptions as a religious nonprofit. The report scrutinizes the network’s financial practices, raising questions about transparency and ethical use of donor funds.
The investigation uncovers Daystar TV’s significant investments in luxury assets, such as private jets and high-end properties. Bowen and Evans highlight how these expenditures conflict with the expectations of nonprofit organizations, especially those claiming to serve a religious mission. Despite its church status, critics argue that Daystar engages in commercial activities aimed at generating substantial revenue.
One of the most controversial practices involves soliciting elderly viewers to name Daystar as beneficiaries on their life insurance policies. Bowen and Evans describe this strategy as ethically questionable, suggesting it may exploit the trust of vulnerable individuals for financial gain.
Additionally, the report questions Daystar’s financial transparency, noting inconsistencies in how the organization reports its operations. These findings have led to increased calls for oversight of religious organizations that benefit from tax-exempt status while engaging in business-like practices.
Barry Bowen and Pete Evans’ investigation brings attention to the blurred lines between nonprofit and for-profit operations within Daystar TV. To read the full report and explore their findings, visit Trinity Foundation: Profiting From Death: Daystar Squawks Church but Waddles Business.