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Church officials defend loan from pension fund
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Officials of the First Church of Christ, Scientist, said yesterday
their pension fund is sound because they have promised to repay with
interest money borrowed to cover other church expenses, including
their new radio and television programs.
They also said the Monitor Channel, their cable TV network, "is
meeting its business plan" and said they are carrying about $250
million invested in television alone as an asset on their books.
But the former general counsel for the church, ...
Related newspaper, magazine, and journal articles from HighBeam Research
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Mission or Mistake? TV Splits Church;Subsidized Christian Science Monitor Launching Cable News Channel
The Washington Post
; ... has started "World Monitor," a nightly news show on cable's Discovery Channel; bought ... freelance writer. "We're not a network news organization that can pump millions of ... of the church's board of trustees, "the news, and how that is presented, is our missionary ...
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Christian Science was set aside at Monitor Radio, TV
The Boston Globe
; ... Science Church," declares a part of the news standards adopted for Monitor Radio and ... Christian Science Church, such as medical news, and events concerning the Church itself ... the title of its cable service and daily news show, a name Eddy had insisted be part ...
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Christian Science Church Regroups; Cash-Strapped Entity To Sell D.C. Building [Correction 4/25/06]
The Washington Post
; The Christian Science Church said yesterday it plans to sell its office building in downtown Washington, shrink its headquarters space in Boston and put two historic properties in Boston suburbs on the market. The church, founded by Mary Baker Eddy in 1879, said it wants to cut its infrastructure
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CHRISTIAN SCIENCE CHURCH SETS DEEP CUTS
The Boston Globe
; The Christian Science church in Boston said yesterday it has cut its annual $190 million budget by almost half, reduced its staff by 40 percent, and will vacate two of its three headquarters buildings on the church's renowned Back Bay campus. As part of a major retrenchment, the church will also
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Christian Science membership sees crisis of identity
The Boston Globe
; ... church calls restricted or "agency" funds intended for purposes other than the media expansions. Some church officials view recent news stories on the institution's financial troubles as a calculated attack. Privately, the church told staffers at the Monitor broadcast ...
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