God And Mammon

Hard Times Hit the Promise Keepers

Last fall almost a million Promise Keepers assembled in Washington; this spring they are rallying to pay their bills. The head of the organization, BILL MCCARTNEY, has told the staff of 345 that they will not be paid after March 31. This will be very bad news for some of them. The Promise Keepers' 1996 tax returns, which were obtained by TIME, show that the organization's five vice presidents were paid between $78,000 and $100,000 each, while the president, RANDY PHILLIPS, earned $132,512; their 1997 salaries were the same or higher. McCartney, who has taken less than $21,000 in compensation, called...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!