Church Investments
Aug 1st, 2010 | By admin | Category: FinancesIn the 90s, the FAQ section on many ICOC church websites quoted the “Disciple’s Handbook” in its claims that the church made no money from investments. Here’s an excerpt:
“In the ICC there is no income from investments, real estate or “front organizations” typical of some religious groups. Therefore, members’ offerings are the sole means of funding the work of both overseas missions and domestic churches.”
But ICOCinvestigation.com has heard some reports to the contrary. As we develop, we will post evidence of these investments here.
2002 ACES Audited Financials – shows investments
Anyone with information should contact us.