Former HBC pastor James MacDonald gave Ed Stetzer a vintage 1971 Volkswagon Beetle. Then, Ed Stetzer found out the money for the gift came from MacDonald’s non-profit Walk in the Word. Stetzer did the honorable thing and reimbursed the ministry. Joe Thorn is a minister friend of Stetzer’s. You have to click on Stetzer’s note twice to read the whole story.
How were WITW funds used? See below. Yet one more example of possible violation of donor intent and reason for the IL AG @KwameRaoul to open an investigation into @HarvestBible1 and how funds may have been misused. pic.twitter.com/HpEw3o2BwA
— The Elephant’s Debt (@elephantsdebt) April 5, 2019
I seriously doubt any donor to Walk in the Word gave with the intent to buy Ed Stetzer a VW. Given the questions about finances at HBC and this story about WITW, donors should consider asking the Illinois Attorney General to investigate the use of funds and/or file a complaint with the IRS.
HBC and WITW appear to have moved an undetermined amount of money around without regard to donor intent. This kind of activity is what should bring in regulators and auditors for a thorough review. Donors beware.
UPDATE: Julie Roys has published additional information about the gift from MacDonald to Stetzer, complete with a photo of the VW in question. The value of the VW was calculated at $13K.
VW Image: Lothar Spurzem [CC BY-SA 2.0 de (https://creativecommons.org/licenses/by-sa/2.0/de/deed.en)]