The result of a Senate committee's long-awaited review of media-based ministries has finally been released.
Sen. Chuck Grassley, R-Iowa, began the investigation into six televangelists in November 2007, when he was head of the Senate Committee on Finance. His office released the review Thursday.
At issue was compensation for the pastors and ministry leaders who openly led lavish lifestyles while their ministries received tax-exempt status from the Internal Revenue Service.
The review by the committee did not impose new rules on the religious organizations or suggest they be stripped of their tax-exempt status. But it did bring to light compensation practices that may raise eyebrows in the non-profit community and lead to a discussion of new tax policies for religious organizations.
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