Organizations Filed Purposes:
PART I, LINE 1, AND PART III, LINE 1 SINCE 1988, THE BILLY GRAHAM TRAINING CENTER AT THE COVE HAS BEEN TRAINING CHRISTIAN LEADERS AND LAY PEOPLE TO STUDY GOD'S WORD, THE BIBLE, AND SHARE HIS GOOD NEWS ACROSS THE GLOBE. WE BELIEVE THAT THE PROBLEMS FACING OUR WORLD TODAY - ECONOMICALLY, POLITICALLY, AND RACIALLY - ARE THE DIRECT RESULT OF HUMAN SIN. THE BIBLE, WHICH WE BELIEVE IS THE ONLY INSPIRED WORK OF GOD, STATES THAT "ALL HAVE SINNED AND FALL SHORT OF THE GLORY OF GOD" (ROMANS 3:23). SIN SEPARATES US FROM GOD: "THE WAGES OF SIN IS DEATH" (ROMANS 6:23), AND AS A RESULT, THE WHOLE EARTH AND EVERYTHING IN IT ARE UNDER GOD'S CURSE. THERE IS GOOD NEWS, AND WE PROCLAIM IT TO ANYONE AND EVERYONE WHO WILL HEAR. GOD SENT HIS SON, JESUS CHRIST, FROM HEAVEN TO EARTH TO TAKE OUR SINS UPON HIMSELF. HE PAID THE PENALTY FOR OUR SINS BY DYING IN OUR PLACE ON THE CROSS, AND THEN HE ROSE AGAIN TO LIFE. JESUS OPENED THE WAY FOR US TO KNOW GOD. WE BELIEVE THAT JESUS IS THE ONLY WAY TO GOD, AND HE SAID
THE PURPOSE OF THE COVE CHARITABLE TRUST FUND IS TO PROVIDE AN ONGOING SOURCE OF FUNDING FOR SUPPORTING, MAINTAINING, AND IMPROVING THE FACILITIES AND MINISTRY AT THE BILLY GRAHAM TRAINING CENTER AT THE COVE. THE PRIMARY INVESTMENT OBJECTIVE OF THIS FUND IS TO PRESERVE AND PROTECT ASSETS BY FOCUSING ON CONSERVATION OF PRINCIPAL AND LONG-TERM GROWTH OF CAPITAL AND INCOME. THIS OBJECTIVE IS GENERALLY ATTAINED BY INVESTING IN A DIVERSIFIED PORTFOLIO OF HIGH QUALITY SECURITIES. EXPENDITURES FROM THE FUND HAVE BEEN BASED UPON A SPENDING PLAN USING A THREE-YEAR ROLLING AVERAGE OF FUND ASSETS. FUNDS WERE TRANSFERRED TO SUPPORT THE MINISTRY OF THE COVE IN THE AMOUNT OF 1,763,237 IN 2013.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Clifford B Barrows | VICE CHAIRMA | 0.25 | $0 |
| Steve Dobbins | CFO | 0.25 | $0 |
| Daniel C Allen | SECRETARY/VP | 0.25 | $0 |
| Joel B Aarsvold | SEC./VP CORP | 0.25 | $0 |
| C William Pollard | DIR./CHAIR E | 0.25 | $0 |
| Paul T Saber | DIRECTOR | 0.25 | $0 |
| Charles O Morgan | DIRECTOR | 0.25 | $0 |
| Hon Stephen E Merrill | DIRECTOR | 0.25 | $0 |
| Denton Lotz | DIRECTOR | 0.25 | $0 |
| Anne Graham Lotz | DIRECTOR | 0.25 | $0 |
| Greg Laurie | DIRECTOR | 0.25 | $0 |
| J Frank Harrison Iii | DIRECTOR | 0.25 | $0 |
| George E Battle Jr | DIRECTOR | 0.25 | $0 |
| William B Pauls | DIR./TREASUR | 0.25 | $0 |
| Melvin F Graham | DIR./CHAIR E | 0.25 | $0 |
| Joseph M Stowell | DIR./PROF. S | 0.25 | $0 |
| Wm Franklin Graham Iv | DIR./VICE PR | 0.25 | $0 |
| David P Bruce | DIR./ASST. B | 0.25 | $0 |
| Billy Graham | DIRECTOR/CHA | 0.25 | $0 |
| Wm Franklin Graham Iii | DIR./PRES./C | 0.25 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201402209349300800_public.xml