Is the "Prosperity Gospel" facing a recession? With donations dwindling, Mac Hammond, the high-flying pastor of Living Word Christian Center in Brooklyn Park, says his private jet is for sale.
This comes amid an investigation by the U.S. Senate into some of Hammond's contemporaries -- including one who leads a church where Hammond serves on the board -- and allegations that some ministers may have improperly solicited funds for presidential candidate Mike Huckabee during a conference at which Hammond spoke.
Living Word has also cut its hourlong TV show on Sunday mornings in half to save money, according to the Rev. Brian Sullivan, spokesman for the church.
Living Word has fallen $40,000 to $70,000 short of its weekly budget in recent months.
"We publicly acknowledge we are going through some financial challenges, and we're just adjusting our budget to reflect that and to live within our means," said Sullivan. "I think it's going to be an austere budget year for us.
"Is that a product of recession, or is that a product of maybe some bad publicity in the church in general? We speculate it's a combination of things," he said.
Sen. Charles Grassley, R- Iowa, asked six churches late last year to submit financial documents because of complaints about the lavish lifestyles of their ministers. Hammond's was not among them, but he serves on the board of the Rev. Kenneth Copeland's Texas church, which was. Copeland's son, John, serves on the board of Hammond's church.
Kenneth Copeland aggressively rejected the Senate Finance Committee request for records. "It's not yours, it's God's, and you're not going to get it -- and that's something I'll go to prison over," Copeland said at a meeting of prosperity ministers he sponsored in January.