Crown Financial Ministries

Last updated
Crown Financial Ministries
Type Non-profit
Industry Personal finance
Career
Business
Founded1976, merged in 2000
Headquarters Knoxville, TN, United States
Key people
Larry Burkett, Co-founder
Howard Dayton, Co-founder
Chuck Bentley, CEO
Revenue5,461,243 United States dollar (2017)  OOjs UI icon edit-ltr-progressive.svg
Website www.crown.org

Crown Financial Ministries or Crown is a nondenominational, evangelical Christian ministry with the mission of "equipping servant leaders to live by God's design for their finances, work and life ... to advance transformation". [1]

Contents

Background

Crown Financial Ministries was formed in 2000 by a merger of Larry Burkett's Christian Financial Concepts, (founded 1976), and Howard Dayton's Crown Ministries, (founded 1985). Burkett focused his ministry on mass media (including his radio show, Money Matters and a number of books), Bible studies, seminars, and building a volunteer coaching ministry, while Dayton focused on small group Bible studies combining biblical financial principles with practical application for budgeting and personal finances.

The two had met in the 1990s and quickly became friends. They considered the merger expedient due to the missions of their two groups, and Burkett's health. Burkett was chairman of the board of the combined entity until his 2003 death from heart failure. Dayton was CEO from the time of the merger until 2007 when Chuck Bentley became CEO. [2]

Activities

A radio show, Crown Radio: Money Matters aired on 1,100 radio stations. An estimated 2,000,000 listeners in the US listen to the program, which is also aired in Africa, Australia and China. A Spanish-language version is aired in 23 countries. As of April 2008 the show was renamed MoneyLife and hosted by Chuck Bentley. Howard Dayton stepped aside as host and CEO to focus on writing books and speaking, but remains actively involved in Crown, according to their website. [3]

The message is similar to the teachings of financial talk show host Dave Ramsey that getting out of debt and controlling one's expectation of living are important parts of Christian discipleship. Dave Ramsey credits the co-founder Larry Burkett as one of his mentors who helped him get out of debt and form his thoughts and ideas on finances. [4] While they acknowledge there is no direct admonition in the Bible against assuming debt, they heavily discourage taking it on.

Christian financial planner Gary Moore criticized Crown in 2006 for what he considers an aversion to taking on debt. [5]

Related Research Articles

Televangelism is the use of media, specifically radio and television, to communicate Christianity. Televangelists are ministers, whether official or self-proclaimed, who devote a large portion of their ministry to television broadcasting. Some televangelists are also regular pastors or ministers in their own places of worship, but the majority of their followers come from TV and radio audiences. Others do not have a conventional congregation, and work primarily through television. The term is also used derisively by critics as an insinuation of aggrandizement by such ministers.

Christian radio is a Christian media radio format that focus on programming with a Christian message. Many such broadcasters play contemporary Christian music, though many programs include sermons, radio dramas, as well as news and talk programming covering popular culture, economic, and political topics from a Christian perspective.

Family Radio, also known by its licensee name Family Stations, Inc., is a non-profit, non-denominational, educational Christian radio network based in Franklin, Tennessee with network operations located in Alameda, California, United States. Established in 1958, Family Radio airs religious music and programming, both past and present, and is listener-supported.

K-Love is a contemporary Christian music radio programming service in the United States operated by the Educational Media Foundation (EMF). The network is one of three formats produced by the Educational Media Foundation, the other two being K-Love Classics and Air1. As of June 2019, the network's programming is simulcast on over 520 FM stations and translators in 48 U.S. states, American Samoa, Puerto Rico, and the District of Columbia. As of 2018, K-LOVE and its sister network Air1 reportedly had a weekly cumulative audience of about 20 million listeners.

KXNT (AM) Radio station in North Las Vegas, Nevada

KXNT is a commercial AM radio station licensed to North Las Vegas, Nevada, United States. It is owned and operated by Audacy, Inc. and carries a talk radio format. The radio studios are located in the unincorporated Clark County area of Spring Valley, while KXNT's transmitter is located on U.S. Route 93 at Great Valley Parkway in North Las Vegas.

Hope 103.2 is a Christian Radio station in Sydney, Australia, transmitting on the FM dial at 103.2 MHz. Founded as 2CBA by the Rev. Vernon Turner, it commenced broadcasting on 5 March 1979 as one of the first community radio stations and cemented itself as Australia's first Christian FM radio station. Its mission is "To impact people with experiences of God’s love so that they may become more like Christ and the world more like the Kingdom".

Howard Dayton, was raised in Daytona Beach, Florida. After graduating from the School of Hotel Administration at Cornell University in 1967, he served two and a half years as a naval officer. In 1969, Howard developed The Caboose, a successful railroad-themed restaurant, in Orlando, FL. In 1972, he began his commercial real estate development career, specializing in office development in central Florida. In 1970, Howard began to meet with a group of businessmen, who introduced him to Jesus Christ as his savior. Three years later his business partner challenged him to study the Scriptures to discover what God teaches about handling money. They discovered that the Bible contained 2,350 verses dealing with money and possessions, and Howard's life profoundly changed. God gave him a passion to share the life-changing principles he discovered, leading him to write eight books and six small-group studies, which have been translated into dozens of languages.

Larry Burkett was an American radio personality whose work focused on financial counseling from a Christian point of view.

Stewardship is a theological belief that humans are responsible for the world, and should take care and look after it. Believers in stewardship are usually people who believe in one God who created the universe and all that is within it, also believing that they must take care of creation and look after it. Creation includes animals and the environment. Many religions and denominations have various degrees of support for environmental stewardship. It can have political implications, such as in Christian Democracy.

Rex M. Rogers American religious leader (born 1952)

Rex M. Rogers has served as President of SAT-7 USA since 2009, the American promotion and fundraising arm of SAT-7, a Christian satellite television ministry by and for the people of the Middle East and North Africa. SAT-7, based in Nicosia, Cyprus, supports quality, indigenous-produced programming on four channels in three languages, Arabic, Persian, and Turkish.

WXJC-FM Radio station in Cullman, Alabama

WXJC-FM is a commercial Christian FM radio station licensed to Cullman, Alabama, serving the Birmingham metropolitan area and nearly all of north-central Alabama. The station is owned by Crawford Broadcasting Company, and airs a mix of Christian talk and teaching programs with Southern Gospel music. The studios and offices are located in Homewood.

WFCJ is a radio station licensed to Miamisburg, Ohio, serving the Dayton metropolitan area. Owned by Strong Tower Christian Media, it broadcasts a Christian talk and teaching radio format. The station is funded by both advertising and listener donations. Some of the national religious leaders heard on WFCJ include Charles Stanley, David Jeremiah, Chuck Swindoll, Jim Daly and Rick Warren. Strong Tower Christian Media operates two 50,000 watt Christian radio stations in Ohio. WFCJ and 100.7 WEEC in Springfield serve the cities of Dayton, Middletown, Cincinnati and parts of Northern Kentucky and Eastern Indiana.

KKMC Radio station in Gonzales, California

KKMC is a commercial AM radio station broadcasting a Christian talk and teaching radio format. Licensed to Gonzales, California, it serves the Salinas-Monterey and Santa Cruz areas of Central California. The station is owned by El Sembrador Ministries.

WFRF (AM) Radio station in Tallahassee, Florida

WFRF is an American radio station licensed to serve Tallahassee, Florida, United States. The station, established as WANM in 1974, is currently owned and operated by Faith Radio Network, Inc. WFRF is licensed as a "daytimer", authorized to broadcast only from sunrise to sunset, to protect the signal of clear-channel station KNX in Los Angeles and adjacent WAPI in Birmingham.

Kay Lee Arthur is an international Bible teacher, four-time ECPA Christian Book Award winning author, and co-founder of Precept Ministries International. Kay teaches inductive Bible study and has authored many inductive Bible study workbooks. The Inductive method of studying the Bible is a set of steps to follow in order to "mine" the details of the given book under study. It is accessible to lay people, and has been used by millions of people around the world, being taught and utilised in small to medium-sized homes, churches, marketplaces and study groups.

Dave Ramsey American conservative financial advisor, author and radio personality

David Lawrence Ramsey III is an American personal finance personality, radio show host, author, and businessman. An evangelical Christian, he hosts the nationally syndicated radio program The Ramsey Show. Ramsey has written several books, including The New York Times bestseller The Total Money Makeover, and hosted a television show on Fox Business from 2007 to 2010.

FamilyNet Radio was a Christian radio station that aired on SIRIUS Satellite Radio channel 161. It was a part of the FamilyNet organizations. It supported the merging of SIRIUS and XM Satellite Radio.

Chuck Bentley is the current chief executive officer for Crown Financial Ministries. He has previously served Crown Financial Ministries as senior vice president of Global Impact Group, vice president of the US Field, state director of Texas, and area director in Dallas–Fort Worth, Texas.

The Ramsey Show is a three-hour self-syndicated radio program and podcast, hosted by the eponymous finance author and speaker Dave Ramsey, that airs Monday through Friday from 2-5 PM ET. It is broadcast from Franklin, Tennessee.

Rachel Cruze is an American author who specializes on the subject of personal finance. Her book Smart Money Smart Kids, co-authored with her father, Dave Ramsey, reached number one on The New York Times Best Seller list in 2014. Her second book Love Your Life, Not Theirs: 7 Money Habits for Living the Life You Want was published in 2016.

References

  1. "Vision and Mission". Archived from the original on 2013-03-10. Retrieved 2013-03-06.
  2. "30-Year History". Archived from the original on 2007-10-20. Retrieved 2008-04-08.
  3. Crown Media: North America
  4. Focus on the Family (Dr. James Dobson) - Broadcast Archives
  5. "The Debt Slayers".