Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions. Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
BILLY GRAHAM LIBRARY ENDOWMENT TRUST FUND
Employer identification number
80-6198602
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization?
................
11g(i)
No
(ii)
A family member of a person described in (i) above?
......................
11g(ii)
No
(iii)
A 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
No
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of monetary support
Yes
No
Yes
No
Yes
No
(A)
BILLY GRAHAM EVANGELISTIC ASSOCIATION
410692230
7
Yes
Yes
Yes
1,807,371
Total
1,807,371
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6
Public support. Subtract line 5 from line 4.
Section B. Total Support
Calendar year
(or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
7
Amounts from line 4..
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..
11
Total support (Add lines 7 through 10).
12
Gross receipts from related activities, etc. (see instructions)
..................
12
13
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.................................................
Section C. Computation of Public Support Percentage
14
Public support percentage for 2013 (line 6, column (f) divided by line 11, column (f))
.........
14
15
Public support percentage for 2012 Schedule A, Part II, line 14
...............
15
16a
33 1/3% support test—2013.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
.......................
b
33 1/3% support test—2012.
If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2013.
If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization
.....................................................
b
10%-facts-and-circumstances test—2012.
If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization
................................................
18
Private foundation.
If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions
.....................................................
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2009
(b) 2010
(c) 2011
(d) 2012
(e) 2013
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
..
13
Total support. (Add lines 9, 10c, 11, and 12.)..
14
First five years.
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public support percentage for 2013 (line 8, column (f) divided by line 13, column (f))
.........
15
16
Public support percentage from 2012 Schedule A, Part III, line 15
...............
16
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2013 (line 10c, column (f) divided by line 13, column (f))
......
17
18
Investment income percentage from 2012 Schedule A, Part III, line 17
.............
18
19a
33 1/3% support tests—2013.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
........
b
33 1/3% support tests—2012.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
.....
20
Private foundation.
If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information.
Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2013
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
BILLY GRAHAM LIBRARY ENDOWMENT TRUST FUND
Employer identification number
80-6198602
Return Reference
Explanation
FORM 990 - ORGANIZATION'S MISSION
PART I, LINE 1, AND PART III, LINE 1 THE PURPOSE OF THE BILLY GRAHAM LIBRARY ENDOWMENT TRUST FUND IS TO PROVIDE AN ONGOING AND PERPETUAL SOURCE OF FUNDING FOR THE OPERATIONS, MAINTENANCE AND LONG-TERN IMPROVEMENTS OF THE BILLY GRAHAM LIBRARY LOCATED IN CHARLOTTE, NORTH CAROLINA. WE BELIEVE THAT THE PROBLEMS FACING OUR WORLD TODAY - ECONOMICALLY, POLITICALLY, AND RACIALLY - ARE THE DIRECT RESULT OF HUMAN SIN. THE BIBLE, WHICH WE BELIEVE IS THE ONLY INSPIRED WORK OF GOD, STATES THAT "ALL HAVE SINNED AND FALL SHORT OF THE GLORY OF GOD" (ROMANS 3:23). SIN SEPARATES US FROM GOD: "THE WAGES OF SIN IS DEATH" (ROMANS 6:23), AND AS A RESULT, THE WHOLE EARTH AND EVERYTHING IN IT ARE UNDER GOD'S CURSE. THERE IS GOOD NEWS, AND WE PROCLAIM IT TO ANYONE AND EVERYONE WHO WILL HEAR. GOD SENT HIS SON, JESUS CHRIST, FROM HEAVEN TO EARTH TO TAKE OUR SINS UPON HIMSELF. HE PAID THE PENALTY FOR OUR SINS BY DYING IN OUR PLACE ON THE CROSS, AND THEN HE ROSE AGAIN TO LIFE. JESUS OPENED THE WAY FOR US TO KNOW GOD. WE BELIEVE THAT JESUS IS THE ONLY WAY TO GOD, AND HE SAID HIMSELF, "I AM THE WAY AND THE TRUTH AND THE LIFE. NO ONE COMES TO THE FATHER EXCEPT THROUGH ME" (JOHN 14:6). NO OTHER LIFESTYLE, RELIGION, OR PHILOSOPHY CAN BRING YOU TO GOD. AS A MINISTRY OF THE BILLY GRAHAM EVANGELISTIC ASSOCIATION, EVERYTHING WE DO PROCLAIMS THIS PROFOUND TRUTH AND INVITES MEN, WOMEN, AND CHILDREN ACROSS THE GLOBE TO TURN FROM THEIR SIN AND FIND FORGIVENESS AND ETERNAL LIFE IN JESUS CHRIST. IF YOU DO NOT HAVE PEACE WITH GOD, YOU CAN FIND IT RIGHT NOW. SIMPLY PRAY THIS PRAYER AND RECEIVE JESUS CHRIST AS YOUR LORD AND SAVIOR: "DEAR LORD JESUS, I KNOW THAT I AM A SINNER, AND I ASK FOR YOUR FORGIVENESS. I BELIEVE YOU DIED FOR MY SINS AND ROSE FROM THE DEAD. I TURN FROM MY SINS AND INVITE YOU TO COME INTO MY HEART AND LIFE. I WANT TO TRUST AND FOLLOW YOU AS MY LORD AND SAVIOR. IN YOUR NAME, AMEN". IF YOU PRAYED THIS PRAYER - OR WOULD LIKE TO SPEAK WITH SOMEONE ABOUT SPIRITUAL QUESTIONS - PLEASE CALL US AT 1-877-247-2426. WE HAVE SOME MATERIALS WE WOULD LIKE TO SEND TO HELP YOU ON YOUR JOURNEY OF FAITH.
FORM 990, PAGE 1, PART I, LINE 6
THE VOLUNTEERS LISTED FOR THE FUND ARE THE BOARD OF DIRECTORS WHO ARE NON- EMPLOYEES.
FORM 990, PAGE 2, PART III, LINE 4A
AND LONG-TERM GROWTH OF CAPITAL AND INCOME. THIS IS GENERALLY ACHIEVED BY INVESTING IN A DIVERSIFIED PORTFOLIO OF HIGH QUALITY SECURITIES. EXPENDITURES FROM THE FUND HAVE BEEN BASED UPON A SPENDING PLAN USING A THREE YEAR ROLLING AVERAGE OF FUND ASSETS. FUNDS WERE TRANSFERRED TO SUPPORT THE LIBRARY IN THE AMOUNT OF 1,807,371 IN 2013.
FORM 990, PAGE 6, PART VI, LINE 1A
THE FUND IS GOVERNED BY THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION BILLY GRAHAM EVANGELISTIC ASSOCIATION. THE ASSOCIATION PURSUANT TO ITS BYLAWS HAS APPOINTED AN EXECUTIVE COMMITTEE OF TEN MEMBERS, TO INCLUDE THE PRESIDENT/CEO AND FOUR MEMBERS WHO ARE NON-VOTING EMERITUS BOARD MEMBERS. THE COMMITTEE CHAIRMAN IS AN INDEPENDENT BOARD MEMBER. THE EXECUTIVE COMMITTEE HOLDS PERIODIC MEETINGS BETWEEN THE BOARD OF DIRECTORS MEETINGS TO ACT ON BEHALF OF THE BOARD OF DIRECTORS, EXCEPT FOR MATTERS PRECLUDED BY THE BYLAWS. THE FULL BOARD OF DIRECTORS RATIFIES ANY ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE.
FORM 990, PAGE 6, PART VI, LINE 2
BILLY GRAHAM WM. FRANKLIN GRAHAM, III CHAIRMAN BD PRES/CEO FAMILY RELATIONSHIP BILLY GRAHAM WM. FRANKLIN GRAHAM, IV CHAIRMAN BD DIRECTOR FAMILY RELATIONSHIP BILLY GRAHAM ANNE GRAHAM LOTZ CHAIRMAN BD DIRECTOR FAMILY RELATIONSHIP WM. FRANKLIN GRAHAM, III WM. FRANKLIN GRAHAM, IV PRES/CEO DIRECTOR FAMILY RELATIONSHIP WM. FRANKLIN GRAHAM, III ANNE GRAHAM LOTZ PRES/CEO DIRECTOR FAMILY RELATIONSHIP ANNE GRAHAM LOTZ DENTON LOTZ DIRECTOR DIRECTOR FAMILY RELATIONSHIP
FORM 990, PAGE 6, PART VI, LINE 7A
THE BOARD OF DIRECTORS OF THE BILLY GRAHAM EVANGELISTIC ASSOCIATION, A RELATED ORGANIZATION, ACTS AS TRUSTEE FOR THE PURPOSE OF ADMINISTERING THE TRUST FUND. AUTHORITY TO MAKE DECISIONS AFFECTING THE ADMINISTRATION OF THE TRUST FUND IS RESERVED TO THE BILLY GRAHAM EVANGELISTIC ASSOCIATION BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 11B
THE FUND'S RETURN IS PREPARED AND REVIEWED BY MEMBERS OF THE STAFF INCLUDING THE LEGAL DEPARTMENT, INTERNAL AUDIT, CFO, VP OF CORPORATE AFFAIRS, SENIOR VICE PRESIDENTS, AND THE CEO OF THE RELATED ORGANIZATION, BILLY GRAHAM EVANGELISTIC ASSOCIATION. THE RETURN IS THEN REVIEWED BY THE INDEPENDENT AUDIT FIRM OF CHERRY BEKAERT LLP. THE RETURN IS NEXT REVIEWED BY THE AUDIT COMMITTEE AND PROVIDED AND RECEIPT CONFIRMED TO THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 12C
THE FUND IS GOVERNED BY THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION BILLY GRAHAM EVANGELISTIC ASSOCIATION. THE ASSOCIATION'S CONFLICT OF INTEREST POLICY COVERS ALL "RESPONSIBLE PERSONS", WHICH INCLUDES ANY BOARD MEMBER, OFFICER, DIVISIONAL VICE PRESIDENTS OR MEMBER OF MANAGEMENT STAFF WHO HAVE A MATERIAL FINANCIAL INTEREST IN THE TRANSACTION. DISCLOSURE STATEMENTS ARE SUBMITTED BY THESE INDIVIDUALS ON AN ANNUAL BASIS, AS WELL AS THROUGHOUT THE YEAR AS A SITUATION MAY ARISE. A SUMMARY OF POTENTIAL CONFLICTS DISCLOSED BY BOARD MEMBERS, OFFICERS AND DIVISIONAL VICE PRESIDENTS IS REPORTED TO THE BOARD AUDIT COMMITTEE FOR REVIEW. RESTRICTIONS IMPOSED ON PERSONS INVOLVED IN TRANSACTIONS WITH A POTENTIAL CONFLICT INCLUDE PROHIBITING THEM FROM PARTICIPATING IN THE BOARD OF DIRECTORS OR COMMITTEE DELIBERATIONS AND APPROVAL OF THE TRANSACTION. THROUGHOUT THE YEAR, INTERNAL AUDIT AND LEGAL STAFF MONITOR THE ADDITION OF NEW BOARD MEMBERS AND THE HIRING OF NEW EMPLOYEES WHOSE POSITION MAY ALLOW THEM TO HAVE A MATERIAL FINANCIAL INTEREST IN A TRANSACTION. DISCLOSURE STATEMENTS ARE REQUESTED AND RECEIVED FROM THESE INDIVIDUALS. POTENTIAL CONFLICTS, IF ANY, ARE REPORTED TO THE BOARD AUDIT COMMITTEE. THE PROCESS FOR REVIEW OF TRANSACTIONS WITH POTENTIAL CONFLICTS VARIES BASED ON THE INDIVIDUAL WITH THE CONFLICT. IF A PERSON IS A STAFF MEMBER AND IS NOT A DISQUALIFIED PERSON, ANY PROPOSED TRANSACTION THAT MAY BE A CONFLICT OF INTEREST MUST BE REVIEWED AND APPROVED BY THE CEO OR HIS DESIGNEE. ALL MATERIAL TERMS AND CONDITIONS OF THE TRANSACTION SHALL BE DESCRIBED IN WRITING AND PROVIDED TO THE CEO PRIOR TO ENTERING INTO THE TRANSACTION. THE CEO WILL REVIEW THE TRANSACTION TO DETERMINE IF IT IS FAIR AND IN THE BEST INTEREST OF THE ASSOCIATION. IF THE PERSON WITH THE POTENTIAL CONFLICT OF INTEREST IS A DISQUALIFIED PERSON, THE RESPONSIBLE PERSON WILL PROVIDE ALL MATERIAL TERMS AND CONDITIONS TO THE CEO IN WRITING. THE CEO WILL FORWARD SUCH INFORMATION TO THE COMPENSATION COMMITTEE CHAIRMAN FOR REVIEW AND DECISION BY THE COMPENSATION COMMITTEE PRIOR TO CONSUMMATION OF THE TRANSACTION. THE TRANSACTION SHALL ONLY BE PERMITTED IF THE COMPENSATION COMMITTEE DETERMINES THAT: THE CONFLICTING INTEREST IS FULLY DISCLOSED; THE RESPONSIBLE PERSON WITH THE CONFLICT IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION BY THE COMPENSATION COMMITTEE; AND THE TRANSACTION IS FAIR AND IN THE BEST INTEREST OF THE ASSOCIATION BY THE USE OF A COMPARABLE VALUATION OR COMPETITIVE BID. THE COMPENSATION COMMITTEE CHAIRMAN WILL PRESENT THE MATERIAL FACTS OF THE TRANSACTION TO THE FULL BOARD OF DIRECTORS FOR RATIFICATION. IF THE CEO OR HIS FAMILY IS THE ONE WITH THE POTENTIAL CONFLICT OF INTEREST, THEN THE INITIAL DISCLOSURE SHALL BE MADE DIRECTLY TO THE COMPENSATION COMMITTEE CHAIRMAN BY THE VICE PRESIDENT OF CORPORATE AFFAIRS. USING THE SAME CRITERIA LISTED ABOVE, THE COMPENSATION COMMITTEE WILL REVIEW AND DECIDE IF THE TRANSACTION IS FAIR AND IN THE BEST INTERESTS OF THE ASSOCIATION. THE COMPENSATION COMMITTEE CHAIRMAN WILL PRESENT THE MATERIAL FACTS OF THE TRANSACTION TO THE FULL BOARD OF DIRECTORS FOR RATIFICATION. IF THE CONFLICT INVOLVES A GRANT, PAYMENT OR BENEFIT TO ANOTHER 501(C)(3) ORGANIZATION WITHIN THE EXEMPT PURPOSES OF THE ASSOCIATION, THE MATERIAL TERMS OF SUCH TRANSACTIONS WILL BE SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AT SUCH COMMITTEE'S PERIODIC MEETINGS AND ANNUALLY SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND RATIFICATION.
FORM 990, PAGE 6, PART VI, LINE 15A
ALTHOUGH THE FUND DOES NOT HAVE ANY EMPLOYEES, IN THE EVENT THAT IT HIRES ANY EMPLOYEES, THE PROCESS FOR DETERMINING COMPENSATION WILL INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. AS FOR THE COMPENSATION PAID BY THE RELATED ORGANIZATION BILLY GRAHAM EVANGELISTIC ASSOCIATION, THE BOARD OF THE ASSOCIATION HAS APPOINTED A COMPENSATION COMMITTEE WHO REVIEWS THE COMPENSATION OF ITS OFFICERS AND KEY EMPLOYEES, AND BASES THE COMPENSATION ON COMPARABILITY DATA AS DESCRIBED IN THE FORM 990 FOR BILLY GRAHAM EVANGELISTIC ASSOCIATION.
FORM 990, PAGE 6, PART VI, LINE 15B
SEE THE RESPONSE FOR 15A.
FORM 990, PAGE 6, PART VI, LINE 19
THE FUND'S TRUST DOCUMENT, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST AND AVAILABLE FOR INSPECTION AT OUR OFFICE IN CHARLOTTE, NC.
FORM 990, PART VII
THE REPORTABLE COMPENSATION FOR BILLY GRAHAM INCLUDES AN AMOUNT PAID BY THE RELATED ORGANIZATION, BILLY GRAHAM EVANGELISTIC ASSOCIATION FOR SUPPORT COSTS OF 57,735 FOR DR. BILLY GRAHAM THAT ARE REQUIRED FOR HIM TO CONTINUE TO SERVE AND PERFORM HIS DUTIES AND RESPONSIBILITIES FOR THE BILLY GRAHAM EVANGELISTIC ASSOCIATION, AS APPROVED BY THE BOARD OF DIRECTORS. THE OTHER COMPENSATION REPORTED IN COLUMN F INCLUDES MINISTER'S HOUSING ALLOWANCE PAID BY THE RELATED ORGANIZATION, BILLY GRAHAM EVANGELISTIC ASSOCIATION, WHICH IS NON-TAXABLE FOR THE FOLLOWING PERSONS: BILLY GRAHAM, DAVID P. BRUCE, WM. FRANKLIN GRAHAM, IV, AND CLIFFORD B. BARROWS.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.