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2012 [2.8 MB] - Billy Graham Evangelistic Association

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“I pray that thesharing of yourfaith may becomeeffective for thefull knowledge ofevery good thingthat is in us for thesake of Christ.”—Philemon 1:6, ESVHe did during the two-day Ghana JesusFestival, as nearly 2,400 inquirers prayedfor forgiveness of sin and committed theirlives in faith to Him.Over three pivotal days in Budapest,Hungary, Franklin welcomed 36,000people to the largest indoor facility in thecountry for the Festival of Hope. When hegave the invitations, more than 2,500 ofthem got out of their seats and streamedforward to make decisions for Jesus Christ.During the Baltic Youth Festival in Riga,Latvia, Franklin preached the “hope ofthe gospel ” (Colossians 1:23, ESV) tomore than 19,000 attendees. With eachcall for commitments, young peopleflooded the stage area, designated forfive different languages—English, Latvian,Lithuanian, Estonian, and Russian—to talkto counselors about surrendering theirlives to Jesus Christ. We praise God forthe nearly 1,400 who did just that.Franklin has been ministering in what isnow South Sudan for almost two decades.His latest visit to the new nation wasgreeted by nearly 100,000 people whoturned out in the city of Juba for thetwo-night Hope for a New Nation Festival.Thousands received the message ofrepentance and forgiveness and rushedforward to make professions of their faithin Jesus Christ.One of the over 6,100 who did was awidow named Joy. “I want to followJesus. Yes, I want to follow Jesus,” shesaid. Emotionally moved and strugglingto express herself, she explained, “I don’tknow English; there is more in my heart.”6 BILLY GRAHAM EVANGELISTIC ASSOCIATION


Will <strong>Graham</strong> proclaims the Gospel in Green Bay, Wisconsin.A few months later, the Festival’s nationalcoordinator, Bishop James Lagos Alexander,reflected, “That was one of the greatestmoments in the history of our country. …When Franklin said, ‘Come and give yourlife to Christ,’ people were running …thousands!” Alexander reported the localchurches remain united and then passedalong a telling account he received. “Afterthe Festival, one of the chiefs of securitycalled us and said, ‘In this city, we haveover 40 cases of deaths every day—accidents and criminal [activity]. But theonly days that we have never recorded anyincident or accident in the city were [thetwo days of the Festival].’”WILL GRAHAMCELEBRATIONSWill <strong>Graham</strong> preached “the gospel of thegrace of God” (Acts 20:24, ESV) severaltimes in India, Thailand, and the UnitedStates, as well as at youth-orientedoutreaches in Canada and Australia,during <strong>2012</strong>. The total attendance athis Celebrations and events surpassed88,700 people, with more than 13,200of them responding to the invitations forsalvation through Jesus Christ.Some 30 years ago, <strong>Billy</strong> <strong>Graham</strong>proclaimed the Gospel in the state ofNagaland in India. In <strong>2012</strong>, his grandsonWill offered a Celebration of Peace therefor nearly 19,700 people who gathered inthe city of Dimapur. The three-day eventsaw almost 2,500 attendees respond toWill’s message of hope and eternal lifeby making commitments to Christ.<strong>2012</strong> MINISTRY REPORT7


Will’s team then traveled 300 miles southand held a second Celebration a week laterin the city of Aizawl, located in India’s hillstate of Mizoram. Will preached the GoodNews to 34,800 souls—more than 4,400 ofwhom responded by praying with him toreceive Jesus Christ into their hearts.The Will <strong>Graham</strong> Red River Celebrationwas held in the north Texas town ofGainesville. Five thousand people listenedas he presented the Gospel that is “thepower of God for salvation to everyonewho believes” (Romans 1:16, ESV). Wethank God for the nearly 200 people whodedicated their lives to Christ.Almost 4,500 people showed up for theTrinity Valley Will <strong>Graham</strong> Celebration inTerrell, Texas, just 35 miles east of Dallas.“God didn’t create you for a vocation;He created you for a relationship,” Willexplained to the audience. More than200 people moved toward the stageto commit their lives to Jesus Christ inrepentance, gratitude, and faith.After coming forward, Fred, a 50-year-oldhitchhiker long burdened by alcoholism,exclaimed, “For the first time, I finally feelfree.” He then called his wife in Alabamaand told her he’d given his life to Jesusand was coming home—and that withGod’s help, he would kick his addiction.Hearing the news, she wept with joy.Will also took the Gospel of Jesus ChristAssociate Evangelist Robert Cunville preaches the Good News.to a largely Buddhist province in southernThailand called Nakhon Si Thammarat.More than 4,800 people attended theCelebration, where over 320 of themconfessed their sin and committed theirlives to Christ.ASSOCIATE EVANGELISTSRobert Cunville, who has served as anassociate evangelist with BGEA for almost35 years, held 14 evangelistic events in<strong>2012</strong>. Most of the year, he focused hisefforts on smaller towns and villages“Pray also for us,that God mayopen to us adoor for theword, to declarethe mysteryof Christ.”—Colossians 4:3, ESVin India where many have never heardGod’s Good News. He also preachedthe opening message for Will <strong>Graham</strong>’sCelebration in Mizoram, India. By year’send, Robert had proclaimed the Gospelto almost 190,500 people, praising Godas more than 17,300 responded to theinvitations to follow Christ.Associate Evangelist David Ruiz presentedthe message of God’s love during Festivalsof Peace in Oaxaca, Mexico; Ibarra, Ecuador;and Valdivia, Chile. More than 25,5008 BILLY GRAHAM EVANGELISTIC ASSOCIATION


CRUSADE MINISTRIEScontinued to use the Christian Life andWitness Course as a way to help peoplemature in their faith, learn to share itwith others, and make disciples.These courses were held domestically andinternationally in 11 different locations insupport of Franklin <strong>Graham</strong> Festivals andWill <strong>Graham</strong> Celebrations. Almost 37,000individuals completed the training. Duringthe sessions, more than 4,600 of thoseattending realized their own personal needfor a relationship with Jesus Christ andmade life-changing decisions for Him. Asa result of the training, more than 13,000people volunteered as counselors to helpinquirers find new life in Christ duringFestivals and Celebrations.people attended the three outreaches, andover 2,000 publicly gave their hearts andlives to the Savior Jesus Christ.These new believers included a number ofyoung people who told Festival counselorsthey had struggled with depressionand attempted suicide. One man inEcuador who committed his life to Christactually died the following day when hismotorcycle was struck by a car. At hisfuneral, his wife expressed her gratitudeto God for her husband’s opportunityto receive Christ, and she expressedgreat comfort in knowing her husbandis in heaven.COUNSELING ANDFOLLOW-UPWith every Festival, Celebration, orother BGEA outreach, winning people toJesus is only the beginning. We want tosee each new believer become rootedin a good local church and be given thechance to grow and become a devoutfollower of Christ. During <strong>2012</strong>, BGEA<strong>2012</strong> MINISTRY REPORT9


YOUTH MINISTRIESHelping build Christ’schurch for the nextgenerationRock the Lakesevangelisticoutreach inOttawa, Canada,June <strong>2012</strong>10 BILLY GRAHAM EVANGELISTIC ASSOCIATION


YOUTH MINISTRIESIn this era of Facebook, Twitter, and iPhones, youngadults may have shorter attention spans, but they remainmore receptive to the Gospel than adults. Partnering withlocal churches around the world for youth outreaches hasbeen—and always will be—a core emphasis of BGEA’sministry. From evangelistic concerts and special events todiscipleship and age-appropriate evangelism training, weare bringing God’s Word to young people in many differentcultures, in their own languages.Rock the Lakes evangelistic outreach inRochester, New York, June <strong>2012</strong>ROCK EVENTSBGEA continued to reach North Americanyouth—and their parents—throughcontemporary music in <strong>2012</strong> with Rockthe Lakes and Rock the River outreaches.These family-friendly events combinedstrong presentations of the Gospelwith action-packed programs andperformances by popular Christian artists.In Rochester, New York, an audience ofalmost 18,000 turned out for the two-dayRock the Lakes outreach. God’s Word wasproclaimed through the artists’ worshipfulmusic and testimonies, Franklin <strong>Graham</strong>’srecurring preaching, and the concludingmessage on Father’s Day by Will <strong>Graham</strong>.We give all honor and praise to God that669 individuals acted upon the invitationto repent of their sins and follow Jesusas Savior and Lord.When Rock the Lakes arrived in Wisconsin,24,000 people descended on downtownGreen Bay for the celebration of the GoodNews of Jesus Christ. “Why Jesus?” Franklin<strong>Graham</strong> asked the audience at one point—and then he answered, “Because He’s the onewho took your sins to the cross. He’ll changeyou, forgive you, and set you free.” As theevent concluded, Will <strong>Graham</strong> once againgave the final invitation. During the weekend,more than 700 attendees came forward tosurrender their lives to Jesus Christ.<strong>2012</strong> MINISTRY REPORT11


Rock the Lakes evangelistic outreach in Buffalo, New York, September <strong>2012</strong>One of them, a homeless man named David,came to the park to find out what all ofthe music was about. As he listened, theHoly Spirit pierced his heart. “I just can’tlive like this anymore,” he said. “I need Godin my life.” David talked and prayed with acounselor to receive Christ. “For the firsttime, I have hope to change.”More than 18,600 folks gathered a monthlater for Rock the Lakes in Buffalo, New York.After one young girl made a life-changingcommitment to Jesus on Saturday, shecame back on Sunday with a friend in tow.We praise God that her friend also decidedto turn from her sins and submit her life toChrist as her Lord and Savior—as did morethan 680 other Rock the Lakes attendees.Franklin <strong>Graham</strong> brought his Rock outreachto the banks of the Ottawa River in Ontario,Canada, and despite a daylong rain onSunday, welcomed more than 15,250 peopleover the weekend. During Rock the River,425 individuals responded to the artists’testimonies and Gospel messages fromFranklin by praying to invite Jesus to bethe Lord of their lives.These Rock events, held in the United Statesand Canada, were also streamed onlineto more than 100 countries. Over 82,100people as far away as Malaysia, thePhilippines, Hong Kong, Finland, andSingapore watched the live video feed.Nearly 2,000 of them chose to recordtheir decisions for Christ online.WILL GRAHAM PROGRAMSWe also partnered with BGEA’s office inCanada and local churches for Ignitionwith Will <strong>Graham</strong>, one in a series ofevents for youth in the Waterloo regionof Ontario. Nearly 2,500 people turned12 BILLY GRAHAM EVANGELISTIC ASSOCIATION


YOUTH MINISTRIESout in the city of Kitchener and heard Willpreach the Gospel. More than 160 inquirersresponded to his invitation to repent oftheir sins and experience new life in Christ.In a similar partnership with BGEA Australia,Will <strong>Graham</strong> toured New South Wales toproclaim the Good News in three cities:Orange, Bathurst, and Lithgow. TheseAustralia Reality events, aimed at reachingyoung people in regional centers, drew atotal audience of almost 3,700 individuals.Will shared with great urgency the need fora relationship with Jesus Christ, and when hegave his invitations, more than 290 inquirersresponded and prayed with counselors.DARE TO BE A DANIELAccording to research, nearly two-thirdsof all Christian believers in the UnitedStates came to faith while children orteens. Who better to reach those inthis critical stage of life with the GoodNews than other young people? BGEA’sDare to Be a Daniel (D2BD) evangelismtraining equips students ages 9–14 withthe life skills, tools, and confidence theyneed to live out their faith publicly andshare it with friends and family.During <strong>2012</strong>, BGEA continued to partnerwith teachers in Christian schools, Sundayschools, vacation Bible schools, camps,and weekend retreats to train a newgeneration of evangelists through D2BD.More than 2,600 youth completed theprogram—bringing the total of “Daniels”trained since its inception four years ago toover 29,000 kids. Additionally, more than7,700 students received study materialsduring the year from our group curriculumresources (13-session and 5-sessionstudent manuals). We give God thanksthat our Daniels led more than 200 of theirfriends and family to Christ in <strong>2012</strong>.The director at Beechpoint Christian Campin Michigan reported, “The Dare to Be aDaniel studies were amazing. Camperswent home telling their family and friendsabout Jesus. … It was a summer filled withcampers being encouraged in their faith,challenged to walk in the light of Jesus, andmany who asked Jesus into their hearts.”Already available in Spanish, French, andCreole, the international version of Dareto Be a Daniel continued to be used inAustralia as well.THE GREATEST JOURNEYWhen young children learn aboutJesus for the first time, many eagerlyrespond. The Greatest Journey is anexciting discipleship Bible study createdspecifically to help boys and girls ages6–9 learn how to receive Jesus Christ,follow Him faithfully, and share theirfaith with others. BGEA’s new versionof The Greatest Journey is adaptedfrom the Samaritan’s Purse curriculumby the same name, which is beingused in impoverished nations aroundthe world. Our 12-session study isdesigned for home use, Sundayschool, or children’s outreach indeveloped nations.BGEA spent much of <strong>2012</strong> preparingto launch The Greatest Journey in theUnited States, the United Kingdom,and Australia in early 2013—writingand developing the curriculum pieces(student manuals and leader’s guide)and preparing distribution channels.“Let the children come to me.”—Mark 10:14, ESV<strong>2012</strong> MINISTRY REPORT13


MY HOPEproclaiming the hope of Jesus Christ14 BILLY GRAHAM EVANGELISTIC ASSOCIATION


MY HOPE AMERICA WITH BILLY GRAHAMSince its launch in 2002, BGEA has takenthe World Evangelism Through TelevisionProject, My Hope, into 57 countries.Working in partnership with more than305,000 local churches in those nations,over 4.5 million Christians served asMy Hope hosts—inviting unsaved friends,family, and neighbors into their homesto view an evangelistic program and thensharing their faith. Our partner churchesreport more than 10 million people havemade decisions for Christ as a result ofwhat God has done through My Hope.“From houseto house, [we]did not ceaseteaching andpreaching thatthe Christis Jesus.”—Acts 5:42, ESVNow this outreach iscoming to America. In <strong>2012</strong>,<strong>Billy</strong> <strong>Graham</strong> began calling onChristians across the UnitedStates to pray and preparefor a nationwide evangelisticoutreach, which will culminatein a message from him inNovember 2013. “In my spirit Iknow God has called us to dothis,” he said. “And I pray He willstir your heart to join us.”During the year, BGEA begansharing the vision with awide array of denominationalgatekeepers, pastors,and parachurchleaders, as well asthe general Christianpublic; urgingextraordinary prayer;and encouraginginvolvement at agrass-roots level. Byyear’s end, more than3,100 churches hadofficially registeredtheir involvement, whileover 60,000 individualsexpressed their interestand support for the effort.Eight master trainingsessions equipped peopleto serve as home hosts.These sessions produced over500 volunteer trainers, who areprojecting that in 2013 they willtrain nearly 10,000 churches.Additional training sessions willcontinue well into 2013.As awareness of My Hope Americaincreased in <strong>2012</strong>, involvementgrew among Christians from awide spectrum of American life.Already, stories were received ofunprecedented opportunities toshare Christ by those who havebeen trained as “Matthews.” Wegive God the glory!<strong>2012</strong> MINISTRY REPORTCallingAmericato BiblicalValuesAs a precursor toMy Hope America,<strong>Billy</strong> <strong>Graham</strong>expressed a desire in<strong>2012</strong> to call Americaback to God and toprayer. He wantedto draw attentionto moral issuesthat are clearlyaddressed in theBible and whichhave increasinglybecome partof a nationalpolitical dialogue.In response, anumber of friendswho support the ministry ofBGEA contributed funds designated forthe purchase of special newspaper adsin the lead-up to Election Day. Featuring<strong>Billy</strong> <strong>Graham</strong>’s image, the ads imploredAmericans to “vote for biblical values …and pray with me that America will remainone nation under God.”The ads—which appeared in The WallStreet Journal, USA Today, and morethan 500 local newspapers across thecountry—explained the importance ofcasting ballots for “candidates who basetheir decisions on biblical principles andsupport the nation of Israel” and urgedreaders to “vote for those who protectthe sanctity of life and support thebiblical definition of marriage betweena man and a woman.”15


RAPID RESPONSE TEAMShowing the love of Jesus Christto those affected by tragedyRapid Response Teamchaplains minister tofirst-responders inNewtown, Connecticut.16 BILLY GRAHAM EVANGELISTIC ASSOCIATION


RAPID RESPONSE TEAMIn the aftermath of a disaster, not all thedamage can be repaired with medicine,plywood, and insurance. Even asemergency and relief workers respondto physical needs, the <strong>Billy</strong> <strong>Graham</strong>Rapid Response Team (RRT) deployscrisis-trained chaplains to help meetemotional and spiritual needs. Theyshare God’s hope and comfort throughJesus Christ with survivors, theirfamilies, and first-responders, andprovide support to pastors and churchesin devastated communities.Franklin <strong>Graham</strong> and his wife, Jane, bring thecomfort of Christ to victims of Hurricane Sandy.BGEA’s nationwide networkof crisis-trained volunteerchaplains—always ready todeploy at a moment’s notice—were especially busy in <strong>2012</strong>comforting people affectedby tornadoes, floods, wildfires,and mass shootings. RRTdeployed 549 chaplains to 30disaster locations, includingAurora, Colorado, andNewtown, Connecticut, whosecommunities were shattered byunthinkable violence.During the year, RRT assistedmore than 88,000 victims andpersonally prayed with over22,000 individuals. As chaplainsministered to hurting hearts,consoled the grieving, andshared the love of Jesus Christ,836 people responded to thehope of the Gospel by makingcommitments to Him.RRT trained and equippedalmost 2,900 individuals at18 training sites in the UnitedStates, including churchleaders in Newtown. The teamcontinued its presence inJapan following 2011’s historicearthquake and tsunami.Sixteen chaplains ministered incamps for displaced persons,praying one-on-one with morethan 2,300 individuals—69 ofwhom found eternal shelter inthe One who “commands evenwinds and water, and they obeyhim” (Luke 8:25, ESV).BGEA also supported RRT-Australia, RRT-Canada, andRRT-United Kingdom as theyprovided biblically based griefand crisis training to more than230 individuals.“When they come out toyou, and you see theirways and their deeds,you will be consoled.”—Ezekiel 14:22, ESV<strong>2012</strong> MINISTRY REPORT17


THE BILLY GRAHAM LIBRARYState of the art.Straight to the heart.Each year, more than 130,000visitors from around the worldexperience 18 the <strong>Billy</strong> <strong>Graham</strong> BILLY Library. GRAHAM EVANGELISTIC ASSOCIATION


THE BILLY GRAHAM LIBRARYSince its 2007 opening, the <strong>Billy</strong> <strong>Graham</strong> Library in Charlotte,North Carolina, has shared God’s glorious Good News withmore than 650,000 visitors from all 50 states and 72 countries.This ongoing Crusade provides the opportunity for the lost tofind new life in Jesus Christ and for believers to be renewed andchallenged in their walk with Him. Every day the Library is open,visitors are being touched by the Gospel, and many people sharewith us about their life-changing decisions for Jesus Christ.The <strong>Billy</strong> <strong>Graham</strong> Library, amultimedia experience thatcontinues <strong>Graham</strong>’s legacyof delivering the simple yetprofound message of God’s love,celebrated its fifth anniversaryin <strong>2012</strong>. Every day, gueststoured the exhibits at their ownpace, enjoyed the history, anddiscovered how God can use anylife yielded to Him—includingtheir own. Thanks in largepart to several special eventsthroughout the year, the Librarycontinued to appeal to a broadrange of visitors.Our first Easter Celebrationand the readers theaterwith author Kelly Chapmanboth drew large gatheringsof children and parents. AHenry Blackaby book signingfeatured the world-renownedauthor of Experiencing God.We also welcomed JimCymbala, who has pastoredthe legendary BrooklynTabernacle for four decades,and Bobby Richardson, theNew York Yankees’ WorldSeries MVP, for book signings.The Library’s annual eventsincluded Christmas at theLibrary, which alone welcomednearly 33,900 guests, andBikers With Boxes. Specialexhibits included “ThePower of Christ in the Home:Reflections on Parenting Fromthe <strong>Graham</strong> Family”; “EthelWaters: His Eye Is on theSparrow”; and “<strong>Billy</strong> <strong>Graham</strong>:God’s Ambassador to WorldLeaders.”All told, the Library hostedmore than 135,000 guestsfrom around the world, mostof whom experienced TheJourney of Faith tour. Ourstaff and volunteers saw Goddo a mighty work by openingthe hearts of over 1,800 ofthem to respond to theGospel message.One visitor named Billreported that he had “the mostincredible thing happen to meat the <strong>Billy</strong> <strong>Graham</strong> Library. Ifound God there.” Bill prayedwith a trained volunteer at theend of his tour and said that “Ifelt God wash over me, and itwas just such an inspirationalmoment to a guy who has hadno personal peace in 30 years.”Thanks be to God. For Bill andcountless others, the new lifestarts here.“Posterity shallserve him; itshall be told ofthe Lord to thecoming generation;they shall comeand proclaim hisrighteousnessto a people yetunborn.”—Psalm 22:30-31, ESV<strong>2012</strong> MINISTRY REPORT19


THE BILLY GRAHAM TRAINING CENTER AT THE COVEBe still and know that He is God.The Training Center’sscenic deck offers visitorsa breathtaking view ofGod’s majestic creation inthe Blue Ridge Mountains.20 BILLY GRAHAM EVANGELISTIC ASSOCIATION


THE COVEFor 24 years, the <strong>Billy</strong> <strong>Graham</strong> TrainingCenter at The Cove in Asheville, NorthCarolina, has trained and equippedbelievers to “take up [their] cross daily”—(Luke 9:23, ESV) to follow Christ andlive out the Gospel for a watching world.In keeping with its founding principlesset forth by <strong>Billy</strong> and Ruth <strong>Graham</strong>, TheCove invests in personal transformationthrough biblical instruction, inspiration,intercession, and impact—all in anenvironment where participants canexperience retreat, rest, relaxation,and renewal.In an unprecedented year ofministry, The Cove welcomednearly 50,000 programparticipants and visitors during<strong>2012</strong>. For the seeds that wereplanted in the hearts of eachof these individuals, may Godreceive the glory. Of these,almost 29,000 attendees tookpart in 371 Seminar, GuestGroup, and Personal SpiritualRetreat ministry events, while49,200 people visited theChatlos Memorial Chapel.The Cove also hosted sevenSeminar webcast sessions in<strong>2012</strong>, which were transmittedlive, with more than 6,000home viewers in over 100countries. By year’s end, morethan 4,100 guests indicatedthey had made life-changingcommitments at The Cove. Wepraise God for these, whichranged from decisions forChrist to new ministry, career,and family commitments.“In the chaos of life, I hadforgotten my purpose,”responded one militaryservicemember after attendinga Seminar. “I needed to beshown how to get back to thelight. A recommitment of faithand forgiveness of my sin liftsmy spirit.” Another attendeeexplained, “I am a prodigaldaughter who can celebratethat God welcomes me homewith a party. I can release mybucket of guilt and shame.”“But grow in thegrace and knowledgeof our Lord andSavior Jesus Christ.To him be the gloryboth now and to theday of eternity.”—2 Peter 3:18, ESV<strong>2012</strong> MINISTRY REPORT21


INTERNET & MEDIAMoving to reach everylanguage on earthwith the GospelRight now, thousands onlineare 22searching for God. BILLY GRAHAM EVANGELISTIC ASSOCIATION


INTERNET & MEDIASince our founding, <strong>Billy</strong> <strong>Graham</strong> has understood thecritical role new technologies could have in reachingthose who might otherwise never hear the message ofGod’s salvation. He went from being the first evangelist touse television on a national scope to helping pioneer theproduction of Christian films. Today, BGEA continues towork innovatively through the Internet and multimediaoutlets to proclaim the Good News of Jesus Christ to asmany people as possible.INTERNETBGEA’s online outreach once againgrew to record levels in <strong>2012</strong>. Wemaintain more than a dozen ministrywebsites, which together hosted morethan 6.3 million visits during the year—up 69 percent over 2011. These sitesfeature cutting-edge videos, inspiringarticles, compelling audio messages, anddownloadable witnessing tools. Nearly82,000 viewers encountered God’s Wordthrough live webcasts of Festivals orCove Seminars. Almost 2,000 of thosewho watched a Franklin <strong>Graham</strong> Festivalonline indicated they made commitmentsto Christ in response.We expanded our social networking reachin <strong>2012</strong>, providing greater real-time accessto a global network of prayer partnersand others who follow the organization.By year’s end, 1.7 million people wereconnected with at least one BGEA ministryor project on Facebook, with more than100,000 following us on Twitter. Our videosgarnered 1.3 million YouTube views, andwe sent 15 million emails to subscribers ofministry updates.Behind the numbers are not only realpeople, but often other people they know.After discovering an online editorial aboutthe power of the cross, one grateful<strong>2012</strong> MINISTRY REPORT23


eader wrote, “The Holy Spirit led meto this article tonight. I needed a strongtestimony to share with a friend who isdealing with drug addiction. This I plan toprint and to share. Thank you!” To anotherfeature, someone responded, “Thank youfor posting this article! God knew I wouldneed to hear it today.”SEARCH FOR JESUSAs you read this, millions of hurting peopleare using search engines like Google to findanswers online to questions such as: “DoesGod answer prayers?” “What’s my purposein life?” “Does anyone care about me?”In April 2011, BGEA’s Search for Jesusministry launched the strategically linkedPeaceWithGod.net, an evangelisticwebsite that directs people to real,lasting hope found only in Christ. Thesite presents the Gospel in four simplesteps—using video, testimonies, andScripture—and then invites visitors tosurrender their lives to Christ.During <strong>2012</strong> alone, nearly 8 million peoplevisited PeaceWithGod.net. We standamazed at God’s wondrous work and giveHim thanks that almost 1.5 million of themindicated they acted upon the invitationto receive Jesus as their personal Savior.Furthermore, 172,000 individuals passed ontheir contact information for follow-up andonline discipleship.One visitor named Lorena, a 28-yearoldnursing student from California,found PeaceWithGod.net after turningto alcohol when her father died. Sheresponded to our presentation bycommitting her life to Christ, startedgoing to church, and now attends a Bible24 BILLY GRAHAM EVANGELISTIC ASSOCIATION


INTERNET & MEDIA“If you seek him,he will be foundby you.”—2 Chronicles 15:2, ESVstudy. “I feel a lot happier,” she said. “Ijust feel I am in a better place.”The year also brought more than 250volunteers to theSearch for Jesusministry. Manyof them, callede-counselors, chatwith visitors onPeaceWithGod.net,while others,the discipleshipcoaches, mentornewbelievers as they go through an onlineBible study course.Tony, a volunteer from New York, lives withmultiple sclerosis and said he doesn’t haveto worry about mobility when sharing hisfaith online. He chats with people around theworld, encouraging them in their strugglesand pointing them to the love of Christ. “Ibelieve every chat makes a difference,” hesaid, “because I believe it’s His will that Godwants me to talk to these people.”Also in <strong>2012</strong>, Search for Jesus launchedthree additional evangelistic websites:PazConDios.net for Spanish speakers in theUnited States, which has seen more than281,000 visitors and more than 42,000declarations of faith; PazComDeus.net forPortugal, which has had more than 75,000visitors and more than 8,700 life-changingcommitments; and HopeKayGod.net for thePhilippines, with more than 8,000 visitorsand 334 decisions to follow Christ.BGEA invites believerseverywhere to watch realtimedecisions around theworld or get involved byvisiting SearchforJesus.net.RANSO<strong>MB</strong>GEA is reachingthousands of youngadults through the onlineevangelism, teaching, anddiscipleshipoutreachRansom.Ransom.tv isa place wherevisitors canfind a safeenvironmentto ask difficultquestionsand discoveranswers for lifeissues through the Gospel ofJesus Christ. It’s also a place wherethey can influence the lives of othersby telling their own stories of God’sforgiveness and redemption throughvideo and written testimonials called“Ransom Notes.” In addition, thesite features numerous resources forspiritual help and hosts live eventssuch as evangelistic concerts.During <strong>2012</strong>, Ransom’s Web trafficincreased by 176 percent from 2011.More than 200 people submittedtheir testimonies—known as “RansomNotes”—for inclusion on the site andused social media to invite their friends,families, and acquaintances to read theirsubmissions.<strong>2012</strong> MINISTRY REPORT25


Ransom also produced 15 newdiscipleship videos during the year and23 high-profile “Ransom Notes,” most ofwhich feature musicians such as LaceySturm, TobyMac, Flame, and Gungor.The site’s video library has now surpassed2 million collective views sinceRansom’s launch.We give all thanks and praise to God forthe ways He is using Ransom to piercehearts around the world. Zeynep, a youngwoman who lives in Turkey, revealed, “Iwas an outspoken atheist. I used to hateeveryone and even hate life. I tried tocommit suicide many, many times, eventhe worst ways to die. … But after I heardLacey’s testimony [on Ransom], I stoppedand thought that I should invite Jesusin my heart. And I did. And now I’m stillalive, with the scars of the knife on mywrists, but still alive, and I’m glad now!Thank You, Jesus, for saving me.”SCHOOL OFEVANGELISM ONLINEThroughout 60 years of global ministry,God has blessed <strong>Billy</strong> <strong>Graham</strong> andhis team with practical, effectivestrategies for proclaiming the Gospel.In <strong>2012</strong>, BGEA launched the School ofEvangelism Online to pass on thesetime-tested principles to pastors andothers interested in sharing their faith.The virtual School gives participantsa chance to study these effectivestrategies at their own pace using onlinelessons and instructional videos.Through December, the School saw morethan 450 enrollments from 22 countries.“I was motivated with clear lessons andoutlines of how to prepare and preach anevangelistic message,” one participant said.“I preached my first evangelistic messageat two churches during my studies in thiscourse. At both churches, two peopleresponded with raised hands to receiveJesus Christ into their hearts.”The School of Evangelism Online alsobegan preparing the second course inits curriculum for launch in 2013—anexpanded Christian Life and Witness–based program for personal evangelism.TELEVISION & VIDEODuring <strong>2012</strong>, BGEA produced more than525 TV programs, website features, andministry videos, which documented theways God used our ministries aroundthe world. These included four newepisodes of the nationally televisedmonthly program Always Good News,which show the power of the Gospelchanging people’s lives and reveal thebreadth of our work. The program aired“Pray for us,that the wordof the Lordmay speedahead andbe honored.”—2 Thessalonians 3:1, ESVon Christian cable networks and localtelevision affiliates.BGEA also produced 19 new <strong>Billy</strong> <strong>Graham</strong>Classics, programs which were developedfrom past Crusades. Trinity BroadcastingNetwork (TBN) and The Church Channel(TCC) aired the <strong>Billy</strong> <strong>Graham</strong> Classicseight times each week during <strong>2012</strong>.In addition, we expanded on-demandcontent on <strong>Billy</strong><strong>Graham</strong>.org/Classics withsix additional programs. The increased26 BILLY GRAHAM EVANGELISTIC ASSOCIATION


TV and online showings proved fruitfulas BGEA’s call centers received morethan 31,000 spiritual inquiries. Some13,300 of these callers prayed with ourrepresentatives to receive Christ.RESPONSE CENTER &CHRISTIAN GUIDANCEAs a primary voice of the ministry,BGEA’s Response Center answered morethan 196,000 calls and emails in <strong>2012</strong>.Our representatives responded to callerswith words of encouragement, prayer,and the latest information on BGEA’sministries—such as upcoming Festivalsand My Hope America with <strong>Billy</strong> <strong>Graham</strong>.Incoming calls were primarily fromlisteners of BGEA’s radio broadcasts andviewers of TV’s Always Good News andthe <strong>Billy</strong> <strong>Graham</strong> Classics. Our trainedrepresentatives had the privilege to praywith over 24,000 callers, of which morethan 550 individuals made a first-timedecision or recommitted their lives tofollowing Jesus Christ.Working in tandem with the ResponseCenter, BGEA’s Christian Guidance ministryprovided discipleship materials to inquirersand corresponded with thousands oflongtime friends and supporters whosought information about our ministries andresources. During <strong>2012</strong>, the Christian<strong>2012</strong> MINISTRY REPORT27


Guidance team personally answered morethan 20,000 letters and emails, whichincluded providing spiritual encouragementand responding to prayer requests.DECISION MAGAZINEBGEA’s Decision magazine continued tochallenge and inspire readers in morethan 80 countries. The award-winningpublication faithfully blends evangelism,discipleship, and stories of transformedlives, while providing biblical insight intonews and current events.Decision printed more than 3.2 millioncopies in <strong>2012</strong>, an average of over 291,000copies per month. Approximately 19,000copies were sent at no charge toprison chaplains eachmonth for distribution inmore than 200 correctionalinstitutions. Hundredsof blind and sightimpairedpeoplereceived Decisioneither in Braille oron audiotape, andthe Decision emaildevotional was sentto more than 68,000subscribers each week.Decision’s digital edition,available at a reducedsubscription price,features rich contentsuch as audio and video in addition towhat appears in the print edition. Decisionalso publishes an iPad edition, which canbe purchased from the iTunes newsstandstore and contains bonus multimediacontent and extra stories and photos.We are humbled by—and give God thanksfor—responses like this one from a readerin New York City: “I just finished readingthe latest issue of Decision magazine, andevery page touched my heart and upliftedmy spirit; it provided comfort through themost difficult time in my life.” Anotherreader wrote, “I have been readingDecision for as long as I can remember.It may be the stage of life I am in now,but the content of every page is gold tome. … My personal commitment to Christis strengthened with each reading.”RADIO & BLUE RIDGEBROADCASTINGThe Good News of Jesus Christ deliveredby BGEA continued to blanket the globeon AM, FM, shortwave, satellite, andon-demand Internet audio in <strong>2012</strong>. Theweekly program The Hour of Decision—inits 62 nd year—was a Sunday fixture forlisteners of 593 U.S. stations. Internationally,translations of the program reachedSpanish, Mandarin, and Farsi speakers—giving listeners on every continent theopportunity to hear the Gospel.Decision Minute, which offers 15 real-lifeillustrations each month that show people’sneed for Jesus Christ, aired on more than600 stations coast-to-coast, includingeight of America’s 10 largest cities. Alsothis year, the <strong>Billy</strong> <strong>Graham</strong> Audio Archiveshosted over 93,500 individual visitorswho accessed Mr. <strong>Graham</strong>’s messages ondemand at <strong>Billy</strong><strong>Graham</strong>.org.Each week, Blue Ridge Broadcasting(BRB)—BGEA’s listener-supported radioministry—provided hope through Bibleteaching and Christian music to over432,000 listeners in portions of sevenstates. BRB marked its 50 th anniversarywith expansion, debuting 106.7 the Light,which serves Knoxville, Tennessee, and itsvicinity. Countless individuals also listenedonline with their PCs and smartphones,and more than 44,600 downloaded theapp by year’s end.Events and concerts sponsored by BRBdrew almost 120,000 people during theyear. Of those attending, more than halfwho asked for future contact from us weredoing so for the first time.Said one listener named Mary, “I lovethe songs, the support you provide, andmostly the prayers that you give foranyone and anybody. I love just listening,especially when I feel down and no oneunderstands. Immediately, I’m lifted up.Thank you.”28 BILLY GRAHAM EVANGELISTIC ASSOCIATION


“I am thankful for the days God has given me, and I amhumbled by His continued hand of favor on the <strong>Billy</strong> <strong>Graham</strong><strong>Evangelistic</strong> <strong>Association</strong>. The Lord draws people to Himselfdaily through BGEA’s various evangelistic ministries, and Iam so deeply grateful. ... Your partnership is an investmentthat will show results for all eternity.”—<strong>Billy</strong> <strong>Graham</strong><strong>2012</strong> MINISTRY REPORT29


BOARD OF DIRECTORS<strong>2012</strong>Board MembersThe <strong>Billy</strong> <strong>Graham</strong><strong>Evangelistic</strong> <strong>Association</strong>exists to support andextend the evangelisticcalling and ministries ofGeorge E. Battle, Jr.Senior BishopAME Zion ChurchDavidson, North CarolinaElected 2003David P. BruceExecutive Assistantto <strong>Billy</strong> <strong>Graham</strong>Montreat, North CarolinaElected 2002<strong>Billy</strong> <strong>Graham</strong>Evangelist & Chairman<strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong><strong>Association</strong>Montreat, North CarolinaElected 1950Melvin F. <strong>Graham</strong> sPresident & Owner<strong>Graham</strong> EnterprisesCharlotte, North CarolinaElected 2001Wm. Franklin <strong>Graham</strong>, III sFirst Vice Chairman, President &Chief Executive Officer<strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong>Chairman, President & ChiefExecutive OfficerSamaritan’s Purse—U.S.A.Boone, North CarolinaElected 1979Wm. Franklin <strong>Graham</strong>, IVVice President<strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong>Asheville, North CarolinaElected 2005<strong>Billy</strong> <strong>Graham</strong> andFranklin <strong>Graham</strong> byproclaiming the Gospelof the Lord Jesus Christto all we can by everyJ. Frank Harrison, IIIChairman & Chief Executive OfficerCoca-Cola Bottling Co. ConsolidatedCharlotte, North CarolinaElected 2002Greg LaurieSenior PastorHarvest Christian FellowshipRiverside, CaliforniaEvangelist for Harvest CrusadesElected 1994Anne <strong>Graham</strong> LotzPresidentAnGeL MinistriesRaleigh, North CarolinaElected 1994Denton LotzGeneral Secretary EmeritusBaptist World AllianceForestdale, MassachusettsPastor of Tremont TempleBaptist ChurchBoston, MassachusettsElected 1999Hon. Stephen E. Merrill lFormer Governor of New HampshireChairman, Bingham Consultingat Bingham McCutchen LLPBoston, MassachusettsElected 1997Charles O. Morgan, Jr. s lAttorneyMiami, FloridaElected 1983effective means availableto us and by equippingKEY:s Executive Committeel Audit Committeeothers to do the same.William B. Pauls sChairmanThe Pauls CorporationDenver, ColoradoElected 1997C. William Pollard s lChairmanFairwyn Investment CompanyWheaton, IllinoisElected 1986Paul T. Saber sPresident and ChiefExecutive OfficerManna Development GroupEncinitas, CaliforniaElected 2006Joseph M. Stowell, III sPresidentCornerstone UniversityGrand Rapids, MichiganElected 199930 BILLY GRAHAM EVANGELISTIC ASSOCIATION


Board Members EmeritiClifford B. BarrowsVice Chairman<strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong>Charlotte, North CarolinaElected 1950Emeritus 2000George F. BennettChairman EmeritusState Street Investment TrustHingham, MassachusettsElected 1973Emeritus 1999Wallace E. BergRetired ConsultantEden Prairie, MinnesotaElected 1973Emeritus 1997David L. BurnhamChairmanBurnham Ministries InternationalBoca Raton, FloridaElected 1985Emeritus 1998Richard G. Capen, Jr.Former U.S. Ambassador to SpainCorporate Director & AuthorLa Jolla, CaliforniaElected 1990Emeritus 2009Melvin L. Cheatham sClinical Professor of NeurosurgeryUCLA Medical CenterVentura, CaliforniaElected 1997Emeritus 2008Michael E. HaynesPastor EmeritusTwelfth Baptist ChurchRoxbury, MassachusettsElected 1987Emeritus 2002Herbert P. Hess s lPresident EmeritusNorth American Management GroupHingham, MassachusettsElected 1979Emeritus <strong>2012</strong>KEY:s Executive Committeel Audit CommitteeOfficers<strong>Billy</strong> <strong>Graham</strong>ChairmanJoel B. AarsvoldSecretaryWm. Franklin <strong>Graham</strong>, IIIFirst Vice ChairmanWilliam B. PaulsTreasurerClifford B. BarrowsVice ChairmanGraeme M. KeithAssistant TreasurerC. Howard KastRetired Business & FinancialConsultantWestminster, ColoradoElected 1987Emeritus 1999Graeme M. Keith sChairmanThe Keith CorporationCharlotte, North CarolinaElected 1990Emeritus 2008Ruth ShanahanPresidentCrowley Shanahan FoundationDallas, TexasElected 1992Emeritus 2010C. William PollardChairman of ExecutiveCommitteeBoard Committee ChairpersonsC. William PollardExecutive CommitteeCharles O. Morgan, Jr.Audit CommitteeC. William PollardCompensationCommitteeGraeme M. KeithDevelopment CommitteeJ. Frank Harrison, IIIField Ministry CommitteeWilliam B. PaulsFinance CommitteeWm. Franklin <strong>Graham</strong>, IV<strong>Graham</strong> Center LiaisonCommitteeHon. Stephen E. MerrillInsurance CommitteeHerbert P. HessInvestment Committee<strong>Billy</strong> <strong>Graham</strong>Nominating CommitteeHerbert P. HessRetirement PlanCommittee<strong>2012</strong> MINISTRY REPORT31


Report of Independent AuditorThe Board of Directors<strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong>We have audited the accompanying consolidated financial statements of <strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong> and AffiliatedOrganizations (collectively referred to as the Organization) which comprise the statement of financial position as of December 31, <strong>2012</strong>, andthe related consolidated statements of activities and cash flows for the year then ended, and the related notes to the financial statements.Management’s Responsibility for the Financial StatementsManagement is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principlesgenerally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant tothe preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.Auditor’s ResponsibilityOur responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance withauditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtainreasonable assurance about whether the financial statements are free of material misstatement.An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. Theprocedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financialstatements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to theorganization’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in thecircumstances, but not for the purpose of expressing an opinion on the effectiveness of the organization’s internal control, and accordingly,no such opinion is expressed. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness ofsignificant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.OpinionIn our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of <strong>Billy</strong> <strong>Graham</strong><strong>Evangelistic</strong> <strong>Association</strong> and Affiliate Organizations as of December 31, <strong>2012</strong>, and the changes in its net assets and its cash flows for the yearthen ended in accordance with accounting principles generally accepted in the United States of America.Report on Summarized Comparative InformationWe have previously audited the Organization’s 2011 financial statements, and we expressed an unmodified audit opinion on those auditedfinancial statements in our report dated March 19, <strong>2012</strong>. In our opinion, the summarized comparative information presented herein as of andfor the year ended December 31, 2011 is consistent, in all material respects, with the audited statements from which it has been derived.Charlotte, North CarolinaMarch 25, 201332 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


Consolidated Statement of Financial PositionAs of December 31, <strong>2012</strong> and 2011<strong>2012</strong> 2011AssetsCash and cash equivalents $ 22,448,773 $ 16,269,196Accounts receivable, net 786,206 822,272Pledges and other contributions receivable, net 2,448,355 4,671,521Inventories 836,548 895,341Prepaid expenses and other current assets 1,407,279 1,290,34027,927,161 23,948,670Property and equipment, net of accumulated depreciation 71,443,304 75,720,213Investments:Investments functioning as endowments 145,460,431 135,844,119Other long-term investments 7,750,158 7,553,968Deferred giving program 91,220,823 91,926,680244,431,412 235,324,767Other assets 4,009,151 790,041Total assets $ 347,811,028 $ 335,783,691<strong>2012</strong> Operating Support and RevenueContributions, 87.0%<strong>Billy</strong> <strong>Graham</strong> Training Center, 5.9%Decision magazine & other evangelisticmaterials, 1.5%Other income, 5.6%Liabilities and net assetsLiabilities:Accounts payable $ 2,493,044 $ 2,385,598Accrued expenses 1,781,853 2,688,502Deferred revenue 1,098,530 1,032,194Deferred giving program 71,644,121 71,139,808Total liabilities 77,017,548 77,246,102Net assets:Unrestricted:Designated by governing board 138,209,795 129,536,291Represented by property and equipment 71,443,304 75,720,213General 35,137,951 27,646,083Total unrestricted net assets 244,791,050 232,902,587Temporarily restricted 15,406,433 15,299,546Permanently restricted 10,595,997 10,335,456Total net assets 270,793,480 258,537,589Total liabilities and net assets $ 347,811,028 $ 335,783,691<strong>2012</strong> Operating ExpensesMinistry expenses, 83.5%Fund-raising, 6.3%General and administrative, 10.2%The accompanying notes to the consolidated financial statements are an integral part of these statements.<strong>2012</strong> MINISTRY REPORT33


Consolidated Statement of ActivitiesFor the Year Ended December 31, <strong>2012</strong> (with Summarized Totals for 2011)<strong>2012</strong>Temporarily Permanently 2011Unrestricted Restricted Restricted Total TotalOperating activitiesSupport and revenue:Contributions $ 60,205,807 $ 25,231,540 $ 223,347 $ 85,660,694 $ 81,706,330<strong>Billy</strong> <strong>Graham</strong> Training Center 5,789,378 – – 5,789,378 4,760,994Decision magazine and other evangelistic materials 1,450,706 – – 1,450,706 1,464,098Other income 5,546,070 – – 5,546,070 4,893,691Net assets released from restrictions 28,124,785 (28,135,449) 10,664 – –Total support and revenue 101,116,746 (2,903,909) 234,011 98,446,848 92,825,113Operating Expenses:Ministry expenses:<strong>Evangelistic</strong> Crusades 21,158,551 – – 21,158,551 21,851,689My Hope, World Evangelism Through Television 4,433,905 – – 4,433,905 8,228,972Radio, television, and film 11,180,629 – – 11,180,629 9,729,229Print and Internet 13,573,270 – – 13,573,270 9,251,074<strong>Billy</strong> <strong>Graham</strong> Library 6,079,818 – – 6,079,818 5,993,906<strong>Billy</strong> <strong>Graham</strong> Training Center 10,386,623 – – 10,386,623 11,281,413Evangelism training 287,693 – – 287,693 907,943Dare to Be a Daniel 879,481 – – 879,481 598,156Rapid Response Team and World Emergency Fund 1,146,366 – – 1,146,366 1,260,486Decision magazine 3,080,912 – – 3,080,912 3,017,143SearchforJesus.net 3,835,610 – – 3,835,610 1,214,599Other evangelistic ministry 4,126,120 – – 4,126,120 3,712,008Total ministry expenses 80,168,978 – – 80,168,978 77,046,618Support activities:Fund-raising 6,081,828 – – 6,081,828 6,453,836General and administrative 9,748,523 – – 9,748,523 10,510,588Total operating expenses 95,999,329 – – 95,999,329 94,011,042Change in net assets from operations 5,117,417 (2,903,909) 234,011 2,447,519 (1,185,929)Nonoperating activitiesInvestment income 2,615,384 421,910 24,615 3,061,909 3,255,653Net (loss) on sale of fixed assets (32,189) – – (32,189) (26,721)Realized gains on sale of investments 2,876,473 279,174 53,431 3,209,078 1,546,635Unrealized investment gains (losses) 7,292,478 597,862 38,554 7,928,894 (3,238,184)Change in value of annuities and trusts (5,981,100) 1,711,850 (90,070) (4,359,320) (3,952,067)Total nonoperating activities 6,771,046 3,010,796 26,530 9,808,372 (2,414,684)Change in net assets 11,888,463 106,887 260,541 12,255,891 (3,600,613)Net assets at beginning of year 232,902,587 15,299,546 10,335,456 258,537,589 262,138,202Net assets at end of year $ 244,791,050 $ 15,406,433 $ 10,595,997 $ 270,793,480 $ 258,537,589The accompanying notes to the consolidated financial statements are an integral part of these statements.34 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


Consolidated Statement of Cash FlowsFor the Year Ended December 31, <strong>2012</strong> and 2011<strong>2012</strong> 2011Operating activitiesChange in net assets $ 12,255,891 $ (3,600,613)Adjustments to reconcile change in net assets to net cashprovided by operating activities:Depreciation and amortization expense 6,506,570 7,449,387Realized (gains) on sale of investments (3,209,078) (1,546,635)Unrealized (gains) losses on investments (7,928,894) 3,238,184Actuarial adjustment on annuity obligations 4,318,673 1,536,784Donations of real estate and mortgage deeds receivable (181,376) (182,165)Net gains (losses) on sale of fixed assets and donated real estate 67,217 (15,916)Changes in operating assets and liabilities:(Increase) Decrease in receivables, net of allowances 2,259,232 (1,262,904)(Increase) in inventories, prepaid expenses and othercurrent assets (58,146) (436,095)(Decrease) in accounts payable, accrued expenses anddeferred revenue (732,867) (78,180)Net cash provided by operating activities 13,297,222 5,101,847Investing activitiesMaturities of investments 2,279,114 1,245,329Proceeds from sales of investments functioning as endowments 114,218,185 115,544,508Purchase of investments functioning as endowments (114,701,513) (119,648,388)Purchases of fixed assets (2,233,906) (1,473,310)Additions to other assets (3,346,390) (64,639)Net increase in deferred giving program assets (1,730,251) (3,061,915)Proceeds from the sale of fixed assets and donated real estate 396,305 132,509Net cash used in investing activities (5,118,456) (7,325,906)Financing activitiesProceeds from deferred giving program contracts 3,546,036 6,215,983Payments of deferred giving program contracts (5,545,225) (6,555,741)Net cash used in financing activities (1,999,189) (339,758)Increase (Decrease) in cash and cash equivalents 6,179,577 (2,563,817)Cash and cash equivalents at beginning of year 16,269,196 18,833,013Cash and cash equivalents at end of year $ 22,448,773 $ 16,269,196The accompanying notes to the consolidated financial statements are an integral part of these statements.<strong>2012</strong> MINISTRY <strong>2012</strong> REPORT MINISTRY REPORT35


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>1. Significant Accounting PoliciesDescription of MinistryThe mission of the <strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong> (the <strong>Association</strong>) is to support and extend the evangelistic calling and ministriesof <strong>Billy</strong> <strong>Graham</strong> and Franklin <strong>Graham</strong> by proclaiming the Gospel of the Lord Jesus Christ to all we can by every effective means available tous and by equipping others to do the same. Support is received primarily through contributions and deferred giving programs.Principles of ConsolidationThe consolidated financial statements include the <strong>Association</strong> and the following other affiliates: Blue Ridge Broadcasting Corporation;Cove Charitable Trust Fund; <strong>Billy</strong> <strong>Graham</strong> Library Endowment Trust Fund; <strong>Graham</strong> Fund for Evangelism; BGEA Pte. Ltd.; and OrganizacaoR.E.B.G. Brasil. In accordance with United States generally accepted accounting principles pertaining to consolidation, management annuallyevaluates which entities should be consolidated for financial statement presentation purposes.The affiliated organizations strengthen the ministries of the <strong>Association</strong> and share the same goals and purposes. All significantintercompany accounts and transactions have been eliminated.The assets and the liabilities of BGEA Pte. Ltd. and Organizacao R.E.B.G. Brasil are translated at current exchange rates, while incomeand expense items are translated at average exchange rates prevailing during the year. The foreign exchange translation included in theconsolidated statement of activities was a gain of $347 in <strong>2012</strong> and a loss of $4,776 in 2011.The financial statements include certain summarized prior year comparative information in total but not by net asset classification. Suchinformation does not include sufficient detail to constitute a presentation in conformity with accounting principles generally accepted in theUnited States. Accordingly, such information should be read in conjunction with the Organization’s financial statements for the year endedDecember 31, 2011, from which the summarized information was derived.ReclassificationsCertain amounts in the 2011 financial statements have been reclassified to conform to the <strong>2012</strong> financial statement presentation.Cash and Cash EquivalentsCash and cash equivalents include highly liquid investments with a maturity of three months or less. For the purposes of the statement ofcash flows, cash and cash equivalents included in investments functioning as endowment and investments in the deferred giving programare not considered cash and cash equivalents.InventoriesInventories are products for sale stated at average cost.Property and EquipmentLand is stated at cost. Buildings, improvements, and equipment are stated at cost less accumulated depreciation. Depreciation of buildings,improvements, and equipment is calculated using the straight-line method over their estimated useful lives. Salvage values of 10–25% areutilized for some asset groups. Costs of new facilities and improvements are capitalized, while maintenance and repairs are charged toexpense in the period incurred.36 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


CollectionsThe <strong>Association</strong>’s collections are made up of artifacts of historical significance to the ministry. The collections were gifted, donated, or onloan and are not recognized as assets on the statement of financial position or as contributions on the statement of activities.InvestmentsInvestments in equity securities with readily determinable fair values and all debt securities are recorded at fair value based upon quotedmarket prices. Other investments (such as real property) are reported at fair value measured on a non-recurring basis. Donated investmentswithout a readily determinable fair value are stated at a nominal value. Investment income or loss (including gains and losses on investments,interest, and dividends) is included in the change in unrestricted net assets unless the income or loss is restricted by the donor.Investment income is recorded net of investment expenses. For the years ended December 31, <strong>2012</strong> and 2011, investment expenses were$636,521 and $636,639, respectively.Realized gains or losses on investments are determined by comparison of specific cost of acquisition to proceeds at the time of disposal.Unrealized gains or losses are calculated by comparing cost to fair values at the statement of financial position date.Deferred Giving ProgramThe <strong>Association</strong> has a fully funded program whereby deferred gifts can be made through gift annuity and trust participation.All gift annuity fund assets are held in trust by a bank and managed by investment management companies. Various state laws requirethat the <strong>Association</strong> maintain segregated accounts with assets equal in amount to the actuarial reserve necessary to pay the annuities plusan additional reserve. Some state laws also establish specific investment regulations related to the manner in which the assets are invested.Trust assets are held and managed by the <strong>Association</strong>.The <strong>Association</strong> records assets received in the deferred giving program at their fair value and records the liabilities incurred. The initialliability is recorded at the present value of payments to be made under annuity and irrevocable trust agreements over the term of theagreements, usually the beneficiaries’ life expectancy. For annuities, the present value calculation used a 2.25% discount rate in <strong>2012</strong> and3.0% in 2011. For trusts, the present value calculation used a discount rate of 1.353% in <strong>2012</strong> and 1.4% in 2011. Revaluations of expected futurepayments to beneficiaries based on changes in life expectancy are calculated using the Annuity 2000 mortality table for annuities andthe 2000CM mortality table for trusts as well as other actuarial assumptions and are recorded as a change in value of annuities and trustsin the statement of activities. Effective for the fiscal year ended December 31, 2009, the <strong>Association</strong> has voluntarily elected under U.S.generally accepted accounting principles pertaining to financial instruments the fair value option for valuing all liabilities associated withthe irrevocable trust agreements and annuity agreements. It is believed that this will improve the clarity and consistency of the valuationof these liabilities. The contribution portion is recognized as income at the time the agreement is executed. Revocable trust agreementsare recorded as a liability until the agreement becomes irrevocable or the assets are distributed, at which time the contribution revenue isrecognized.The <strong>Association</strong> is also named as a beneficiary in revocable trusts and wills that are not managed by the <strong>Association</strong>. These assets are notincluded in the statement of financial position, as the <strong>Association</strong>’s share of these assets cannot be determined.<strong>2012</strong> MINISTRY REPORT37


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>Deferred RevenueThe subscription price of Decision magazine is charged to unearned subscriptions when received and is amortized to income over an11-month period.Advertising CostsThe <strong>Association</strong> expenses advertising costs as incurred. For the years ending December 31, <strong>2012</strong> and 2011, advertising costs totalingapproximately $7,962,000 and $3,545,000, respectively, related primarily to television airtime to promote airing of evangelistic telecasts,evangelistic Crusades, and literature and materials. The increase in advertising costs over 2011 was related to the Biblical Values ad campaign,which was part of an ongoing effort to call America back to God and to prayer. The ads drew attention to moral issues clearly addressed inthe Bible and urged readers to pray and to vote based on Biblical values so that America will remain one nation under God. This initiativewas in preparation for the <strong>Association</strong>’s nationwide evangelistic campaign in 2013, My Hope America with <strong>Billy</strong> <strong>Graham</strong>.Allocation of Joint CostsCertain expenditures of the <strong>Association</strong> and affiliates (including radio and television, direct mail, and postage) relate to both ministry andfund-raising. The allocation of these joint costs is based on estimates of the content, audience, and purpose of these expenditures. Total jointcosts and respective allocations are as follows:<strong>2012</strong> 2011Ministry $ 28,080,646 $ 26,406,558Fund-raising 3,631,404 3,651,914General and administrative 5,292,590 6,624,192$ 37,004,640 $ 36,682,664Income TaxesThe <strong>Association</strong> and U.S. affiliated organizations are exempt from federal income taxes, and contributions to them are deductible ascharitable contributions under Internal Revenue Code Section 170. The Internal Revenue Service has issued determination letters to the<strong>Association</strong> and exempt affiliated organizations stating that they qualify for tax-exempt status under Internal Revenue Code Section 501(c)(3).The Internal Revenue Service has also issued rulings stating that they will not be treated as private foundations within the meaning ofInternal Revenue Code Sections 509(a)(1), 509(a)(2), and 509(a)(3).As required by U.S. generally accepted accounting principles pertaining to uncertain tax positions, the Organization records a liabilityfor any tax position taken that is beneficial to the Organization, including any related interest and penalties, when it is more likely than notthe position taken by management will be overturned by a taxing authority upon examination. Management believes there are no suchpositions as of December 31, <strong>2012</strong> and 2011, and, accordingly, no liability has been accrued. The Organization is generally no longer subject toexamination by the Internal Revenue Service for years before 2011.38 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


Net Asset ClassificationsThe <strong>Association</strong> interprets the Uniform Prudent Management of Institutional Funds Act underlying net asset classification of donorrestricted assets as follows:Permanently restricted net assets include contributions that donors have specified must be maintained in perpetuity, and, if directed, aportion of investment returns based on instructions in the gift instrument.Temporarily restricted net assets are comprised of funds that are restricted by donors for specific purposes or time periods. Temporarilyrestricted net assets also include investment returns from permanently restricted assets until those amounts are appropriated for spendingin accordance with donor restrictions.Unrestricted net assets represent funds that are fully available, at the discretion of management and the Board of Directors, for the<strong>Association</strong> to utilize in any of its programs or supporting services.Temporarily Restricted ContributionsThe <strong>Association</strong> records contributions as temporarily restricted if they are received with donor stipulations that limit their use eitherthrough purpose or time restrictions. When donor restrictions expire, temporarily restricted net assets are reclassified to unrestricted netassets and reported in the statement of activities as net assets released from restrictions.The Board of Directors has established a policy that up to 10 percent of all donor-restricted contributions for a specific project may beused for administering the gift, if needed.Accounting for Long-Lived AssetsThe <strong>Association</strong> records losses on long-lived assets used in operations when indicators of impairment are present and the undiscountedcash flows estimated to be generated by those assets are less than the assets’ carrying amount. The <strong>Association</strong> did not record impairmentfor <strong>2012</strong> or 2011.Use of EstimatesThe preparation of financial statements in conformity with accounting principles generally accepted in the United States requiresmanagement to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes.Actual results could differ from those estimates.<strong>2012</strong> MINISTRY REPORT39


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>2. Pledges and Contributions ReceivableThe <strong>Association</strong> received pledges to support the construction of the <strong>Billy</strong> <strong>Graham</strong> Library and for My Hope America with <strong>Billy</strong> <strong>Graham</strong> tobe held in 2013. The <strong>Association</strong> has also received unrestricted contribution commitments that are recorded as receivables. Unconditionalpledges and other contributions receivable expected to be received within one year are reported at net realizable value. Those expected tobe collected in more than one year are reported at the net present value of their estimated future cash flows. The discount on these amountsis computed using a credit risk adjusted interest rate at the date of the pledge or contribution notification. Amortization of the discount isincluded in contribution revenue. At December 31, <strong>2012</strong>, the net receivable value of pledges for construction of the Library is $251,147 and forMy Hope America with <strong>Billy</strong> <strong>Graham</strong> is $252,840. At December 31, 2011, the net receivable value for construction of the Library is $415,034.Other contributions receivable is $1,944,368 and $4,256,487 at December 31, <strong>2012</strong> and 2011, respectively.Pledges and contributions receivable consists of the following:<strong>2012</strong> 2011Unconditional promises to give $ 2,849,427 $ 5,031,771Less unamortized discount 6,540 31,0402,842,887 5,000,731Less allowance for uncollectible pledges 394,532 329,210Net pledges and other contributions receivable $ 2,448,355 $ 4,671,521Amounts due in:Less than one year $ 2,653,881 $ 4,496,239One to five years 176,113 535,532Over five years 19,433 –$ 2,849,427 $ 5,031,7713. Property and EquipmentA summary of property and equipment and related accumulated depreciation at December 31, <strong>2012</strong> and 2011 is as follows:<strong>2012</strong> 2011Land and improvements $ 16,899,995 $ 16,740,441Buildings and improvements:<strong>Billy</strong> <strong>Graham</strong> Training Center 32,018,749 31,919,246<strong>Billy</strong> <strong>Graham</strong> Library 17,885,505 17,885,505Headquarters and other 37,554,275 37,530,723Equipment, furniture, and fixtures 49,100,320 48,520,095Total 153,458,844 152,596,010Less accumulated depreciation 82,254,188 76,884,17371,204,656 75,711,837Construction in progress 238,648 8,376Net property and equipment $ 71,443,304 $ 75,720,21340 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


4. InvestmentsInvestments are composed of the following:<strong>2012</strong> 2011Equities $ 88,087,949 $ 66,422,986Fixed income and credit 92,120,454 110,365,290Other 64,223,009 58,536,491Total investments $ 244,431,412 $ 235,324,767The following table reflects investments with unrealized losses at December 31, <strong>2012</strong>. The table segregates investments that have been in asustained unrealized loss position for less than 12 months from those that have been in a sustained unrealized loss position for 12 months or greater.Sustained Loss of: Less than 12 Months 12 Months or Greater TotalDescription of Securities Unrealized Unrealized UnrealizedFair Value Losses Fair Value Losses Fair Value LossesEquities $ – $ – $ 11,066,006 ($281,990) $ 11,066,006 ($281,990)Fixed income 5,620,016 (49,389) 671,963 (21,184) 6,291,979 (70,573)Other 260,827 (668) 14,862,447 (207,320) 15,123,274 (207,988)Total $ 5,880,843 ( $ 50,057) $ 26,600,416 ($510,494) $ 32,481,259 ($560,551)5. Deferred Giving ProgramThe assets and liabilities in the deferred giving program are as follows:<strong>2012</strong> 2011Assets Liability Assets LiabilityGift annuity fund $ 55,232,104 $ 44,114,444 $ 54,076,126 $ 41,326,594Irrevocable trusts 13,739,791 9,840,015 13,674,092 10,313,631Endowment fund 4,725,953 166,687 4,838,319 161,44073,697,848 54,121,146 72,588,537 51,801,665Revocable trusts 17,522,975 17,522,975 19,338,143 19,338,143Total $ 91,220,823 $ 71,644,121 $ 91,926,680 $ 71,139,808The gift annuity fund liability includes an actuarial reserve for the annuity payments of $44,110,289 and $41,321,581 for <strong>2012</strong> and 2011, respectively.<strong>2012</strong> MINISTRY REPORT41


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>6. Fair Value Measurements of Assets and LiabilitiesThe <strong>Association</strong> follows the provisions of generally accepted accounting principles for financial assets and liabilities measured at fair value.This statement requires fair value measurements be classified and disclosed in one of the following three categories (“Fair Value Hierarchy”):Level 1: Financial instruments with unadjusted, quoted prices listed on active market exchanges.Level 2: Financial instruments valued using inputs that include quoted prices for similar assets and liabilities in active markets, and inputsthat are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.Level 3: Financial instruments that are not actively traded on a market exchange and require using significant unobservable inputs indetermining fair value.The following table summarizes the valuation of the <strong>Association</strong>’s financial assets and liabilities measured at fair value on a recurring basisas of December 31, <strong>2012</strong>, based on the level of input utilized to measure fair value:Measurement at fair value on a recurring basis:Fair Value Measurements at 12/31/12 Using:Description Level 1 Level 2 Level 3Equities:U.S. Equity $ 8,792,364 $ 9,329,129 $ –Developed International Equity 35,202,476 – –Emerging Markets – 12,581,217 –Mutual Funds 21,646,283 – –Other 511,345 – –Fixed income and credit:U.S. Government 35,999,131 6,036,078 –Corporate – 18,617,669Govt. Mortgage Backed Securities – 19,232,231Bond Funds 7,745,992 – –Other 4,489,353 – –Other:Cash & Cash Equivalents 14,311,414 496,916 –Real Asset Funds 6,107,845 33,353,441 –Total investments—recurring basis $ 134,806,203 $ 99,646,681 $ –Deferred giving liabilities $ 2,395,398 $ 9,295,857 $ 53,954,45942 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


Gift annuity and irrevocable trust liabilities are considered valued at Level 3 because some of the factors used in valuation,most significantly the discount rate, are not easily observable in similar instruments in an active market.Deferred GivingLiabilitiesBeginning balance liabilities $ 51,640,224Increases in liabilities due to issuance of new agreements 3,546,035Payments to beneficiaries (5,550,473)Actuarial adjustments 4,318,673Ending balance of liabilities $ 53,954,459Measurement at fair value on a non-recurring basis:Fair Value Measurements at 12/31/<strong>2012</strong> Using:Description Level 1 Level 2 Level 3 Total Gains(Losses)Investments:Equity—Other $ – $ 25,135 $ – $ –Other—Real estate – 9,343,724 – –Other – – 609,669 –Total investments—non-recurring basis $ – $ 9,368,859 $ 609,669 $ –Deferred giving liabilities $ – $ 5,831,720 $ – $ –<strong>2012</strong> MINISTRY REPORT43


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>Other investments valued utilizing Level 3 inputs on a non-recurring basis include interest in a family partnership and a note receivable.These investments are categorized as Level 3 because of limited or no observable market data. These investments were initially recorded atfair market value based on market appraisals at the time of gift. The <strong>Association</strong> has not observed any evidence of impairment.For investments in entities that calculate net asset value or its equivalent whose fair value is not readily determinable, the following tableprovides information about the relative liquidity of these investments. The fair values of these investments have been estimated using netasset value per share of the investments, unless noted. Management is not aware of any factors that would impact net asset value as ofDecember 31, <strong>2012</strong>.Unfunded Redemption RedemptionFair Value Commitments Frequency Notice PeriodEquity Fund (a) $ 9,329,129 None Monthly 60 daysEmerging Market Funds (b) $ 12,581,217 None Monthly 10 daysReal Asset Funds (c) $ 13,708,099 None Monthly 8 daysReal Asset Funds (d) $ 13,608,454 None Quarterly 45 daysReal Asset MLP (e) $ 6,036,888 None Monthly 30 days(a) This U.S.-based strategy invests in equities that can grow their dividends over time through a combination of earnings growth and increasing payout ratio. An initial lockup period of 1 yearexpired in early <strong>2012</strong>. Depending on the date a redemption notice is given, it could take up to approximately 90 days to redeem funds from this class.(b) This class provides broad exposure to emerging markets providing a concentrated, conservative strategy that focuses on bottom-up stock selection of quality companies in emerging markets.Depending on the date a redemption notice is given, it could take up to approximately 40 days to redeem funds from this class.(c) The strategy for this class passively allocates and rebalances capital to active portfolios with the following types of investments: Energy Equities, Metals and Mining Equities, TIPS, andCommodities. The strategic weights are established to provide investors an optimal mix to the component real asset markets. Depending on the date a redemption notice is given, it could takeup to approximately 38 days to redeem funds from this class.(d) The strategy for this class consists of three underlying funds. The first fund, representing up to 80% of the class invests tactically based on macro themes and has a significant “inflationhedging” component. The second fund, representing up to 20% of the class, which is comprised of strategic allocations to the manager’s hedge funds. The last fund allows up to 10% of thestrategy and is invested in distressed securities. Depending on the date a redemption notice is given, it could take up to approximately 135 days to redeem funds from this class.(e) This class employs a diversified, opportunistic exposure to the Master Limited Partnership environment and is included in the portfolio as an inflation hedge strategy. Depending on the date aredemption notice is given, it could take up to approximately 31 days to redeem funds from this class.44 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


7. Endowment FundsBoard Designated EndowmentsThe <strong>Association</strong>’s Board of Directors has designated a portion of unrestricted net assets as funds functioning as endowments. Separatefunds have been established for the <strong>Billy</strong> <strong>Graham</strong> Library fund, the <strong>Billy</strong> <strong>Graham</strong> Training Center (Cove Charitable Trust Fund), the futureministries fund, and the <strong>Graham</strong> Fund for Evangelism.The purpose of the <strong>Billy</strong> <strong>Graham</strong> Library Endowment is to provide an ongoing and perpetual source of funding for the operations,maintenance, and long-term improvements of the Library located in Charlotte, North Carolina. The <strong>Billy</strong> <strong>Graham</strong> Library is an ongoingevangelistic Crusade. In <strong>2012</strong>, over 135,000 visited the <strong>Billy</strong> <strong>Graham</strong> Library having the opportunity to hear the Gospel message with morethan 800 people making first time decisions for Christ. It is the desire of the Board of Directors that there should never be an admissionfee to the Library so that all can hear or experience the Gospel of Jesus Christ. This primary objective, as well as the investment objectiveof preserving and protecting the fund’s assets, will be accomplished by focusing on the conservation of principal and long-term growth ofcapital and income. This is generally achieved by investing in a diversified portfolio of high-quality securities. Expenditures from the fundhave been based upon a spending plan using a three-year rolling average of fund assets. For <strong>2012</strong>, $1,441,881 was transferred to support theLibrary. In 2011, no transfers were withdrawn in order to preserve principal.The purpose of the Cove Charitable Trust Fund is to provide an ongoing source of funding for supporting, maintaining, and improvingthe facilities and ministry at the <strong>Billy</strong> <strong>Graham</strong> Training Center at The Cove. The primary investment objective of this fund is to preserve andprotect assets by focusing on conservation of principal and long-term growth of capital and income. This objective is generally attainedby investing in a diversified portfolio of high-quality securities. Expenditures from the fund have been based upon a spending plan using athree-year rolling average of fund assets. For <strong>2012</strong>, $1,735,100 was transferred to support the ministry of The Cove. For 2011, funds were notwithdrawn in order to preserve principal.The purpose of the future ministries fund is to provide a source of funding for continuing and growing ministry activities through specialevangelistic projects and to provide for operating cash flow needs of the <strong>Association</strong>. The primary investment objective of the futureministries fund is to preserve and protect the assets by focusing on conservation of principal and adequate liquidity to meet ministry needs.This objective is generally attained by investing in a portfolio of high-quality securities. Expenditures from the future ministries fund aredetermined by the Board in order to meet ministry needs and projects. Funds were not withdrawn in <strong>2012</strong> or 2011 in order to preserve principal.The purpose of the <strong>Graham</strong> Fund for Evangelism has been to provide an ongoing source of funding for supporting, maintaining, andimproving the facilities and ministry at the <strong>Graham</strong> Center at Wheaton College. In <strong>2012</strong> and 2011, the support for the <strong>Graham</strong> Center atWheaton College was provided from BGEA’s general fund. The <strong>Graham</strong> Fund for Evangelism is being maintained with a minimal balancefor potential future evangelistic purposes. The primary investment objective of the fund is to preserve and protect its assets by focusingon conservation of principal. This objective is generally attained by investing in a portfolio of high-quality securities.<strong>2012</strong> MINISTRY REPORT45


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>Donor Restricted EndowmentsAt December 31, <strong>2012</strong>, the <strong>Association</strong>’s donor-restricted endowment funds consist of 28 individual funds established for a variety ofpurposes. In addition, the <strong>Association</strong> has established a Library endowment fund to receive permanently restricted donor gifts to supportthe ongoing operations of the <strong>Billy</strong> <strong>Graham</strong> Library and a Cove endowment fund to support the ongoing operations of The Cove. The<strong>Association</strong> has also received permanently restricted donor gifts as part of irrevocable trust and annuity gifts. The investment policy fordonor-restricted endowment funds that limit distributions to net income has a primary objective to produce current income. This objectiveis currently achieved by primarily investing conservatively in fixed-income securities and cash and short-term investments. The investmentpolicy for funds with a spending rule has a primary objective to produce total return to at least equal the amount of the stated distribution.This objective is currently attained by investing in a diversified portfolio of high-quality securities.Endowment net asset composition by type of fund as of December 31, <strong>2012</strong>:TemporarilyPermanentlyUnrestricted Restricted Restricted TotalBoard-designated endowment funds $ 138,209,795 $ – $ – $ 138,209,795Donor-restricted endowment funds (7,228) 1,490,136 10,595,997 12,078,905Total funds $ 138,202,567 $ 1,490,136 $ 10,595,997 $ 150,288,700Changes in endowment net assets for the fiscal year ended December 31, <strong>2012</strong>:TemporarilyPermanentlyUnrestricted Restricted Restricted TotalEndowment net assets, beginning of year $ 129,499,985 $ 957,983 $ 10,335,456 $ 140,793,424Investment return:Investment income 1,189,845 59,561 24,615 1,274,021Realized and unrealized gains 8,907,737 655,970 91,985 9,655,692Total investment return 10,097,582 715,531 116,600 10,929,713Contributions – – 223,347 223,347Change in Value of Annuities & Trusts (79,771) (4,878) ( 90,070) (174,719)Other income 24,310 – – 24,310Satisfaction of purpose 130,369 (130,369) 10,664 10,664Amounts appropriated for expenditure (3,257,952) (48,131) – (3,306,083)Other changes:Transfers (48,458) – – (48,458)Transfers to create board-designated endowments 1,836,502 – – 1,836,502Endowment net assets, end of year $ 138,202,567 $ 1,490,136 $ 10,595,997 $ 150,288,70046 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


8. Net AssetsUnrestricted Net Assets Designated by Governing BoardUnrestricted net assets designated by the Board were as follows:<strong>2012</strong> 2011<strong>Billy</strong> <strong>Graham</strong> Library Endowment Fund $ 66,487,407 $ 61,380,565Cove Charitable Trust Fund 63,490,063 59,947,775Future ministries fund 8,197,357 8,178,650<strong>Graham</strong> Fund for Evangelism 34,968 29,301$ 138,209,795 $ 129,536,291Temporarily Restricted Net AssetsTemporarily restricted net assets are available for the following purposes:<strong>2012</strong> 2011Donor-designated contributions $ 10,155,063 $ 11,118,331Irrevocable trusts 3,761,234 3,223,232Term endowment fund 552,011 550,405Portion of perpetual endowment funds subject to a timerestriction under UPMIFAWithout purpose restriction 461,237 284,586With purpose restriction 476,888 122,992$ 15,406,433 $ 15,299,546The donor-designated contributions primarily represent funds restricted for the <strong>Billy</strong> <strong>Graham</strong> Library, militaryoutreach, and the World Emergency Fund. The irrevocable trusts are restricted by time for the <strong>Association</strong>.Permanently Restricted Net AssetsPermanently restricted net assets are held as follows:<strong>2012</strong> 2011Library endowment $ 6,336,254 $ 6,062,408Endowment fund 3,812,933 4,001,381Irrevocable trusts 138,542 128,246Gift annuity 117,320 143,421Cove Charitable Trust Fund 190,948 –$ 10,595,997 $ 10,335,456<strong>2012</strong> MINISTRY REPORT47


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>9. Other AssetsDuring 2009, the <strong>Association</strong> contracted with a captive insurance company to obtain coverage for workers’ compensation, generalliability, property, and automobile liability insurance. The <strong>Association</strong> owns a non-controlling share of the common stock of the captiveinsurance company and is accounting for this asset under the cost method of investment accounting. The cost of this asset was $296,800and is included in other assets.During 2009, the <strong>Association</strong> received an interest in a licensing agreement. The intangible asset was valued at $636,402, withamortization expense of $127,280 in <strong>2012</strong> and 2011.Beneficial interests in trusts are carried at their estimated fair value. Fair value is estimated based upon underlying assets whichapproximate the discounted value of the anticipated cash flows or based upon their estimated fair value of the assets contributed to thetrust less estimated costs expected. Beneficial interests in trusts were $1,986,028 as of December 31, <strong>2012</strong>.Blue Ridge Broadcasting obtained a Federal Communications Commission (“FCC”) broadcast license in <strong>2012</strong> valued at $1,425,000. Thisintangible asset was determined to have an indefinite useful life and is therefore not subject to amortization, but is tested for impairment atleast annually.10. Retirement PlansThe <strong>Association</strong> has a 401(k) retirement plan. Employer contributions are 3% of each participant’s eligible salary with a matching provisionwhereby the employer may match the employee’s contributions up to an additional 3% of the participant’s salary. The plan includes aprovision whereby the Board of Directors can approve additional contributions of up to 2%. The additional 2% discretionary contribution wasnot approved for <strong>2012</strong> or 2011. The <strong>Association</strong> and its affiliates recorded expense of $1,497,099 for the year ended December 31, <strong>2012</strong>, and$1,499,335 for the year ended December 31, 2011.In addition, the <strong>Association</strong> has deferred compensation plans. Deferred compensation expense of $22,009 was incurred in <strong>2012</strong>. Nonewas incurred in 2011. Deferred compensation liabilities of $104,648 and $82,639 existed at December 31, <strong>2012</strong>, and 2011, respectively, and areincluded in accrued expenses.11. Self-Insurance ProgramThe <strong>Association</strong> maintains a self-insurance program for hospitalization, medical, and dental coverage for its employees. The <strong>Association</strong>limits its losses through the use of stop-loss policies from a re-insurer. Specific individual losses for claims were limited to $130,000 for<strong>2012</strong> and $80,000 in 2011. At December 31, <strong>2012</strong> and 2011, the estimated liability for these claims approximated $637,000 and $730,000,respectively, and is included in accrued expenses.12. Concentration of Credit RiskFinancial instruments that potentially expose the Organization to concentrations of credit risk consist primarily of cash and cashequivalents. The Organization places its cash and cash equivalents on deposit with North Carolina financial institutions. The Federal DepositInsurance Corporation (FDIC) covers $250,000 for substantially all depository accounts. In addition, the FDIC provided unlimited coveragefor certain qualifying and participating non-interest bearing transaction accounts through December 31, <strong>2012</strong>; however, effective January 1,2013 the FDIC discontinued the additional unlimited coverage.48 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


13. Related Party TransactionsThe <strong>Association</strong> partners with local organizations to host domestic evangelistic Crusades. In conjunction with these activities, the<strong>Association</strong> received designated contributions for these events totaling $123,710 and $232,394 in <strong>2012</strong> and 2011, respectively. The <strong>Association</strong>had no accounts receivable as of December 31, <strong>2012</strong> and $33,027 as of December 31, 2011 from the local organizations. For the year endingDecember 31, <strong>2012</strong> and 2011, the <strong>Association</strong> provided funding to the local organizations totaling $44,275 and $814,307, respectively.The <strong>Association</strong> has entered into “Affiliate Ministry Agreements” with <strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong> of Australia, <strong>Billy</strong> <strong>Graham</strong><strong>Evangelistic</strong> <strong>Association</strong> of Canada, <strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong>–Bangalore, <strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong>, Ltd., andVozrozhdeniye (the International Affiliates) to further the global ministry of the <strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong>. The <strong>Association</strong>does not control the board of directors of these organizations. For the years ending December 31, <strong>2012</strong> and 2011, the International Affiliatesreimbursed the <strong>Association</strong> $165,073 and $179,390, respectively, for various ministry projects. In <strong>2012</strong>, a $100,000 grant and in 2011, a$50,000 grant was given to BGEA of Australia for Rapid Response Team training. As of December 31, <strong>2012</strong> and 2011, the <strong>Association</strong> hadaccounts receivable totaling $40,353 and $14,469, respectively, from the International Affiliates.Following is un-audited summary financial information for the International Affiliates which are controlled by independent boards of directors:As of December 31, <strong>2012</strong> Total Total Total Total Totaland for the year then ended Assets Liabilities Net Assets Revenue ExpensesBGEA of Australia (in Australian $’s) $ 118,070 $ 84,375 $ 33,695 $ 326,983 $ 391,040BGEA of Canada (in Canadian $’s) $ 9,312,403 $ 433,434 $ 8,878,969 $ 5,133,743 $ 4,865,242BGEA-India 3/31/<strong>2012</strong> (in Rupees) RS 9,023,471 RS – RS 9,023,471 RS 14,375,979 RS 13,278,252BGEA-Ltd. 3/31/<strong>2012</strong> (in Pounds) £ 91,370 £ 26,196 £ 65,174 £ 294,804 £ 414,972Vozrozhdeniye (in Rubles) Руб 3,115,000 Руб 2,302,000 Руб 813,000 Руб 6,134,000 Руб 6,241,000Greschenke Der Hoffnung (in Euros) € 1,140,863 € 9,899 € 1,130,964 € 912,879 € 680,775The First Vice Chairman, President, and Chief Executive Officer of the <strong>Association</strong> is the Chief Executive Officer of Samaritan’s Purse.Samaritan’s Purse is controlled by an independent board of directors, though the two ministries share certain board members. To gainefficiencies over administrative services supporting their individual ministries, the <strong>Association</strong> and Samaritan’s Purse entered into a sharedservices agreement to provide a meaningful structure for regulating and overseeing the shared services and expenses. In accordance withthe provisions of the agreements, the <strong>Association</strong> reimbursed Samaritan’s Purse $1,623,199 in <strong>2012</strong> and $1,404,698 in 2011 and Samaritan’sPurse reimbursed the <strong>Association</strong> $818,738 in <strong>2012</strong> and $934,628 in 2011. Accounts receivable and accounts payable from Samaritan’s Purseare $225,963 and $69,171, respectively, as of December 31, <strong>2012</strong>, and $62,870 and $323,215 in 2011.The <strong>Association</strong> received and forwarded contributions totaling $336,846 in <strong>2012</strong> and $192,821 in 2011 to Samaritan’s Purse designated forsupport of their ministry activities. Samaritan’s Purse received and forwarded contributions totaling $128,556 in <strong>2012</strong> and $104,414 in 2011 tothe <strong>Association</strong> designated for support of the <strong>Association</strong>’s ministry activities.The <strong>Association</strong> received from Samaritan’s Purse cash grants totaling $1,150,000 in <strong>2012</strong> and $82,725 in 2011. The <strong>Association</strong> and<strong>2012</strong> MINISTRY REPORT49


notes to Consolidated Financial StatementsAs of December 31, <strong>2012</strong>Samaritan’s Purse had a joint ministry project in South Sudan in <strong>2012</strong>. The <strong>Association</strong> made cash grants to Samaritan’s Purse of $458,115 andhad expenses of $87,343 for this joint project. The <strong>Association</strong> received in-kind contributions valued at $207,475 in <strong>2012</strong> and $245,823 in 2011for various ministry projects. The <strong>Association</strong> made in-kind contributions valued at $7,325 in 2011.Following is un-audited summary financial information as of December 31, <strong>2012</strong>, for Samaritan’s Purse, which is controlled by anindependent board of directors: total assets, $246,417,996; total liabilities, $32,204,369; total net assets, $214,213,627; total revenues,$389,900,380; and total expenses, $425,758,580.Other evangelistic ministry includes contributions given to like ministries approved by the Board of Directors annually. A contribution of$300,000 was given in <strong>2012</strong> and $500,000 was given in 2011 to Wheaton College and $50,000 was given in <strong>2012</strong> and $60,000 was given in2011 to Gordon-Conwell Theological Seminary. The <strong>Association</strong> shares several common board members with these institutions but does notcontrol the board of directors of either organization. Contributions of $25,000 in <strong>2012</strong> and 2011 were given to East Gates International forministry in Asia. The President of East Gates International is the brother of the Chief Executive Officer. Contributions of $25,000 were given in<strong>2012</strong> and 2011 to Ruth <strong>Graham</strong> and Friends. The founder and Chairman of Ruth <strong>Graham</strong> and Friends is the sister of the Chief Executive Officer.14. Commitments and Subsequent EventsThe <strong>Association</strong> has evaluated subsequent events through March 25, 2013, in connection with the preparation of these financial statementswhich is the date the financial statements were available to be issued.50 BILLY GRAHAM EVANGELISTIC ASSOCIATION & AFFILIATED ORGANIZATIONS


15. Schedule of Functional ExpensesFor year ending December 31, <strong>2012</strong>Ministry Fund- General andExpenses Raising Administrative TotalGrants and scholarships $ 862,355 $ – $ – $ 862,355Salaries and wages 21,889,347 2,746,090 4,815,250 29,450,687Employee benefits 6,272,624 760,377 1,411,687 8,444,688Payroll taxes 1,451,729 176,510 328,259 1,956,498Legal and professional services 2,387,220 73,014 887,208 3,347,442Contract labor 5,193,849 51,318 26,273 5,271,440Supplies 977,185 67,109 159,958 1,204,252Telecommunications 893,892 103,666 146,602 1,144,160Postage and mailing 2,949,708 391,371 94,061 3,435,140Buildings and equipment 2,930,097 151,496 636,652 3,718,245Printing 2,317,347 248,485 47,675 2,613,507Travel 6,027,488 463,260 173,118 6,663,866Program ministry and events 16,851,056 311,052 100,275 17,262,383Broadcasting and production 2,933,193 167,957 466 3,101,616Miscellaneous 780,771 78,097 157,612 1,016,480Depreciation and amortization 5,451,117 292,026 763,427 6,506,570Total expenses $ 80,168,978 $ 6,081,828 $ 9,748,523 $ 95,999,329For year ending December 31, 2011Ministry Fund- General andExpenses Raising Administrative TotalGrants and scholarships $ 1,425,952 $ - $ - $ 1,425,952Salaries and wages 21,567,473 2,791,438 5,199,299 29,558,210Employee benefits 5,920,581 745,497 1,456,053 8,122,131Payroll taxes 1,444,171 182,370 366,440 1,992,981Legal and professional services 1,895,154 57,594 595,771 2,548,519Contract labor 4,872,995 67,360 23,004 4,963,359Supplies 1,038,893 61,919 179,964 1,280,776Telecommunications 906,104 81,440 210,273 1,197,817Postage and mailing 2,741,297 600,479 98,696 3,440,472Building and equipment 2,729,463 99,180 783,869 3,612,512Printing 1,908,811 320,649 47,857 2,277,317Travel 6,866,602 491,048 148,132 7,505,782Program ministry and events 13,402,853 389,065 67,432 13,859,350Broadcasting and production 3,407,447 287,393 32,796 3,727,636Miscellaneous 782,594 42,130 224,117 1,048,841Depreciation and amortization 6,136,228 236,274 1,076,885 7,449,387Total expenses $ 77,046,618 $ 6,453,836 $ 10,510,588 $ 94,011,042<strong>2012</strong> MINISTRY REPORT51


What We BelieveThe <strong>Billy</strong> <strong>Graham</strong> <strong>Evangelistic</strong> <strong>Association</strong> believes the Bible to be the infallible Word ofGod, that it is His holy and inspired Word, and that it is of supreme and final authority • Inone God, eternally existing in three persons—Father, Son, and Holy Spirit • Jesus Christ wasconceived by the Holy Spirit, born of the Virgin Mary • He led a sinless life, took on Himselfall our sins, died and rose again, and is seated at the right hand of the Father as our mediatorand advocate • That all men everywhere are lost and face the judgment of God, and need tocome to a saving knowledge of Jesus Christ through His shed blood on the cross • That Christrose from the dead and is coming soon • In holy Christian living, and that we must haveconcern for the hurts and social needs of our fellowmen • We must dedicate ourselves anew tothe service of our Lord and to His authority over our lives • In using every modern means ofcommunication available to us to spread the Gospel of Jesus Christ throughout the world.Always Good News.52 BILLY GRAHAM EVANGELISTIC ASSOCIATION


For the third consecutive year, the <strong>Billy</strong> <strong>Graham</strong> Library—as well as BGEA’s headquarters—received an Energy Starcommendation in <strong>2012</strong> for superior energy performance and a commitment to using resources responsibly. Energy Staris a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy.Scripture quotations marked ESV are from The Holy Bible, English Standard Version, ©2001 by Crossway Bibles,a publishing ministry of Good News Publishers. Used by permission. All rights reserved.BGEA is a charter member of the Evangelical Council for Financial Accountability (ECFA).©2013 BGEA 53262<strong>2012</strong> MINISTRY REPORT53


Always Good News.1 <strong>Billy</strong> <strong>Graham</strong> Parkway, Charlotte, NC 28201-0001 | Telephone: 1-877-247-2426 (1-877-2GRAHAM) | Website: <strong>Billy</strong><strong>Graham</strong>.org54 BILLY GRAHAM EVANGELISTIC ASSOCIATION©2013 BGEA53262

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