The Midas Touch by Kenneth E. Hagin

The Midas Touch by Kenneth E. Hagin

Author:Kenneth E. Hagin
Language: eng
Format: mobi, epub, pdf
Tags: prosperity, biblical finances, Bible, Christ, The Midas Touch, money, Jesus, tithes
Publisher: Faith Library Publications
Published: 2010-06-13T22:00:00+00:00


Later on when I started Kenneth Hagin Ministries, we often conducted independent crusades, seminars, conferences, and campmeetings outside of a local church. In these meetings, we did receive our own offerings, but they went to the organization, never to me personally.

When we have independent meetings, of course, Kenneth Hagin Ministries is responsible for all the costs and expenses.

We pay the rent for the auditorium, the advertising, the motel and restaurant bills, travel costs, and all other expenses. Our ministry team members receive regular salaries paid from the ministry's income.

We have always let the people who attend our services know what their offerings are being used for. Once the budget for the meeting expenses is met, any additional funds received are channeled to one or more projects or outreaches of the ministry.

From the beginning, we set up our ministry to be financially accountable. We set up a non-profit corporation that was recognized and approved by our state government as well as the United States Internal Revenue Service. The ministry corporation has a board of advisors of respected businessmen who meet and review all financial transactions. Also, the ministry's financial records are audited by a national accounting firm that certifies their accuracy and compliance with all applicable state and national laws. We try our best to be good and faithful stewards of every dollar placed in our care.

Tithes Belong to the Local Church

Over the years, I have always championed the work and ministry of local churches and pastors. I believe the Church, which is the Body of Christ, is God's primary instrument to carry out His will and His work. This in no way lessens the value and need for missionaries, evangelists, and other parachurch organizations. But the local church is the sheepfold—the place where individual believers are fed and strengthened, nurtured and cared for, trained and equipped. The local church is also the base for community ministry and various outreaches to the world.

As a general principle, I believe people should tithe to their local church. In so doing, they are supporting the ministers who care for them and their families. They are helping maintain a positive presence and witness in their community, and assisting the poor and needy, as well as providing support for missions and other outreaches.

Various other ministries can and should be supported by individuals and churches with offerings and other forms of financial support. These ministries and organizations perform a vital and wonderful service to the cause of Christ and are deserving of the prayers and financial gifts of their friends and supporters.

I have made it a point never to ask for the tithe from those who attend our services, tune in to our broadcasts, or read our publications. Instead, I encourage the friends of our ministry to pay their tithe to their local church and give any support they want us to have as an offering. I believe this is the biblical pattern and the proper way to seek support.

There have been a few cases in which



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