A Rich Pastor Angers Critics After Getting $4M

Angry Man

JOEL OSTEEN FACED faced major backlash not too long ago. Osteen is the senior pastor of the Houston-based Lakewood Church. He received a $4.4 million Paycheck Protection Program loan, which angered many people. Social media blasted him because they couldn’t understand why a wealthy preacher with a tax-exempt church would get these funds. I understand people’s outrage, but here’s my question: Did Joel Osteen deserve the backlash? In my opinion, he did not, and I tell you why below.

Table of Contents

The Church Is a Business (Sort of)

Joel Osteen’s church met the qualifications for receiving the PPP loan. The federal government’s Small Business Administration oversees the program. Under the federal CARES Act, money is set aside to help small businesses struggling with financial hardships due to the COVID-19 crisis. Companies may use the loan for various things, such as payroll, utilities, rent, mortgage, and operation expenses. You say, “Yeah, that’s for businesses. Osteen got money for his church.”

Here’s the deal. PPP loans are also available to faith-based organizations and non-profits. Almost $8 billion went to religious organizations. I guess Joel Osteen’s PPP loans made major headlines because Lakewood Church is the largest church in the U.S. There is a list of reasons churches should not take the PPL loan. For example, it’s not a good look when tax-exempt organizations, such as churches, receive taxpayer-funded loans.

Excuse me! I encourage you to check out an article I wrote. Tithing and taxes – the surprising connection you need to know about.

There is a list of reasons why churches should not take the PPL loan.

Of course, just because something is legal doesn’t mean it’s ethical, right, or moral. Nevertheless, the federal government gave its stamp of approval to churches. So, under the law, Osteen church was eligible for the funds. He obtained government resources that were legally available to him. Individuals who take issue with this would be better off sharing their feelings with lawmakers.

Dollar sign and virus

The Big Payback

The PPP loan is not a government handout. As the name says, a loan must be paid back. We can presume Osteen’s church applied for the loan with the intent of paying it back. Of course, the SBA has a PPP loan forgiveness program. If for some reason, a business or FBO can’t repay, the loan will be forgiven. Regardless, the PPP loan is not set up as a cash grab for rich people, including pastors.

Now, we know people abuse government programs for their gain. Joel Osteen, to my knowledge, has not had any financial scandals. So, there’s no reason to think he’ll misuse the PPP loan, which brings me to my next point.

No Good Deed Goes Unpunished

The PPP loan isn’t for Osteen’s personal use. Lakewood has close to 400 part-time and full-time employees. I’m quite sure COVID-19 affected their finances. Remember, these are real people who must provide for their families. Instead of laying off or firing his staff members, he’s using the funds to pay his employees. From where I stand, Osteen did the right thing to help ensure his team received salaries during this crisis. Here’s what Lakewood Church’s spokesperson, David IIoff, said:

Lakewood finally applied for the PPP loan and has been able to provide full salaries and benefits, including health insurance coverage to all of its employees and their families.

(This is an excerpt from his official statement)

Everyone dragging Joel Osteen about the $4.4 PPP loan acts like he’s pocketing the money. If anything, he’s doing what you expect a pastor to do: to look after his flock.

Recap

Joel Osteen’s Lakewood Church received $4.4 million in PPP loans. He became the target of much criticism, especially among people who think all preachers are money-hungry, greedy scammers. I get that sentiment because there are preachers who fit that description. I don’t believe in painting everyone with a broad brush. I believe in being fair and balanced. With that said, the backlash against Osteen wasn’t warranted.

One, Lakewood Church is legally eligible to apply for the funds. Under the CARES Act, the SBA provides loans to small businesses and faith-based organizations. Two, the funds aren’t a government handout. It’s a loan that’s meant to be paid back. Finally, the church needed the money to pay employee salaries. It’s not like Osteen took the money for selfish gain.

I get it. Joel Osteen is an easy target. He’s a “prosperity gospel preacher” who is allegedly worth $100 million and pastors the largest church in America. If we’re objective, Osteen doesn’t deserve the backlash. Instead, his critics may want to reserve that energy for the federal government. After all, your senators and congressmen allowed tax-exempt churches to receive billions of dollars in taxpayer-funded PPP loans. It’s just a thought.

Find Out More

Book cover for The Tithng Hoax

Discover the hidden truth about tithes the church doesn’t want you to know. Click here.

Sources

SBA PPP Loans
Faith-Based Organizations PPP Loans
30 Biggest American Megachurches
Joel Osteen’s $44M Federal PPP Loans

Share:

Facebook
Twitter
Pinterest
LinkedIn

Most Popular Posts

Finally, All Your Tithe Questions Answered

Book cover for The Tithng Hoax
"If you want to know the truth about one of the most highly debatable issues within Christianity.....READ THIS BOOK! "
Saiko Woods
On Deck

Related Posts

a man holding money in both hands

What God Says About Financial Prosperity

Financial prosperity is much more than accumulating wealth. God expects us to manage and use our resources to glorify Him (Proverbs 3:9-10). Sure, we can have enough to meet our needs. However, we’re also expected to bless others (Proverbs 19:17). The followers of Christ need to understand what God says

wheat field

The Deep Meaning Behind the Feast of First Fruits

The ancient Israelites celebrated the Feast of First Fruits. The Lord commanded them to offer the first fruits of the harvest to the priest (Leviticus 23:10-11). Offering the first fruits acknowledged the Lord’s provision and blessings. In the New Testament, the concept of first fruits is a metaphor (1 Corinthians

a woman's hand holding a gree plant

What Does the Bible Say About Planting a Seed?

The Bible talks about seed planting in the literal and metaphorical sense. When you read a seed planting Bible verse, it often refers to actual farming practices (Genesis 1:29). For example, the Hebrew Israelites gave crops as offerings to the Lord (Numbers 18:12). Planting a seed can symbolize faith, spiritual growth,

Tithing and Giving Scriptures

Tithing and Giving – There is a Difference

“TITHING VERSUS GIVING” IS THE 5TH lesson in a 9-part teaching series entitled “A Pastor Rebukes a Non-Tither.” This series is inspired by a pastor’s letter to his church member (one of our YouTube subscribers).  In each lesson, we address a point and/or argument the pastor makes to explain why

error: Content is protected !!