we will tell the next generation the praiseworthy … the praiseworthy deeds of the lord, his power,...

We will tell the next generation the praiseworthy deeds of the LORD,

His power, and the wonders He has done.—Psalm 78:4

AMSTERDAM 2000 8The full results of Amsterdam 2000, an international conference that focused on evangelismin the new millennium, will only be seen in eternity.

BILLY GRAHAM CRUSADES 10Billy Graham preached to multiple generations during his Crusades in Nashville, Tennessee,and Jacksonville, Florida.

FRANKLIN GRAHAM FESTIVALS 12Thousands heard and responded to the Word of God as Franklin Graham preached at fiveFestivals in the U.S. and Nicaragua.

ASSOCIATE EVANGELIST MINISTRIES 14God’s faithfulness was evident at the seven Celebration events conducted by AssociateEvangelist Ministries.

WORLD EMERGENCY FUND 14Through the World Emergency Fund, BGEA helped provide relief in areas hit by naturaldisasters.

OPERATION CHRISTMAS CHILD 16More than 6,000 volunteers at the Twin Cities Processing Center for Operation ChristmasChild helped prepare and ship thousands of shoe box gifts for children around the world.

INTERNATIONAL MINISTRIES 16Through its international division, BGEA reaped a great harvest of souls in various regions of the world.

TELEVISION TELEPHONE MINISTRY 18Volunteers answered calls and provided spiritual help for inquirers following BGEA televisionspecials, and the number of calls taken increased.

RESPONSE CENTER 18A toll-free telephone number allowed people to call for more information about BGEA min-istries and events.

DONOR COMMUNICATIONS 18Employees continued to play a key role in enabling Billy and Franklin Graham, along withothers, to proclaim the message of Jesus Christ.

2000 BGEA AT A GLANCE

WORLD WIDE PICTURES 20Millions of people saw and heard the Gospel message portrayed in the latest movies fromWorld Wide Pictures.

CHRISTIAN GUIDANCE 20Trained, caring correspondents ministered to thousands of people who contacted BGEA withquestions, problems and prayer requests.

BROADCAST MINISTRIES 22The broadcast ministries of BGEA proclaimed the Word of God through radio and television.

INTERNET 24The BGEA Internet sites continued to spread the hope of the Gospel message online.

SCHOOLS OF EVANGELISM 24At the Billy Graham Schools of Evangelism, pastors and others interested in evangelismgained the tools they need to evangelize.

DECISION MAGAZINE 26Billy Graham’s DECISION magazine celebrated 40 years of proclaiming the Gospel of JesusChrist.

WORLD WIDE PUBLICATIONS/GRASON 26Christian literature and other materials distributed by World Wide Publications/Grason helpedpeople to know Christ and to grow in their faith.

THE COVE 28The Billy Graham Training Center at The Cove continued to train people in God’s Word sothey can be used by God to win others to Christ.

BILLY GRAHAM CENTER 30Training and resources related to evangelism were provided through the Billy Graham Centerin Wheaton, Illinois.

RELATED ACTIVITIES 30BGEA joined with other ministries in Operation Starting Line, a five-year effort to reach all ofAmerica’s prisoners with the Gospel, and Billy Graham received the Ronald Reagan FreedomAward.

BOARD OF DIRECTORS 32FINANCIAL INFORMATION 34

Dear Friends,

The year 2000 proved to be a momentous one for the Billy Graham EvangelisticAssociation.

I thank God for the great spiritual blessings He poured upon the participants of theAmsterdam 2000 conference. This was the largest project we have ever undertaken, andit exceeded all expectations. I wish I could have been there in person, but in my heart Ifelt that I was there.

The fire of the Holy Spirit fell upon the conference, and the participants left Amsterdamburning with commitment to proclaim the Gospel of Jesus Christ to the ends of theearth. Our Association is involved in extensive follow-up, providing materials, video andaudio tapes, consultation and assistance to the many “Beyond Amsterdam 2000” confer-ences that are being planned around the world. Only eternity will reveal the full resultsof Amsterdam 2000.

During both the Middle Tennessee Crusade and the Jacksonville Crusade, God providedthe physical strength I needed to proclaim the Gospel boldly and clearly. His hand wasupon our entire Team as we sought to do His will.

In November, our Board of Directors appointed my son Franklin to be Chief ExecutiveOfficer. I am continuing as Chairman and I have no plans to retire from preaching theGospel. This change, however, will help me to conserve my strength for the ministryGod has for me.

The Lord impresses upon me the need to present the Gospel afresh to every generation.Our theme for Amsterdam is also the theme for this report: “We will tell the next gener-ation the praiseworthy deeds of the LORD, His power, and the wonders He has done”(Psalm 78:4). Because of God’s provision and the prayers and financial gifts of our sup-porters, this Association continues to take the message of Christ to all we can throughevery prudent means available.

Thank you for faithfully supporting us. God bless you!

Billy Graham

BILLY GRAHAMEVANGELISTIC ASSOCIATION

THE BILLY GRAHAM EVANGELISTICASSOCIATION BELIEVES

the Bible to be the infallible Word of God, that it is His holy and

inspired Word, and that it is of supreme and final authority. • in one

God, eternally existing in three persons—Father, Son, and Holy Spirit.

• Jesus Christ was conceived by the Holy Spirit, born of the Virgin

Mary. He led a sinless life, took on Himself all our sins, died

and rose again, and is seated at the right hand of the Father as our

mediator and advocate. • that all men everywhere are lost and face the

judgment of God, and need to come to a saving knowledge of Jesus

Christ through His shed blood on the cross. • that Christ

rose from the dead and is coming soon. • in holy Christian living, and

that we must have concern for the hurts and social needs of our

fellowmen. • we must dedicate ourselves anew to the service of our

Lord and to His authority over our lives. • in using every modern

means of communication available to us to spread the Gospel of Jesus

Christ throughout the world.

On cover: Amsterdam 2000

Unless otherwise indicated, Scriptures are taken from the Holy Bible, NewInternational Version. Copyright © 1973, 1978, 1984 by International BibleSociety. Used by permission of Zondervan Publishing House. All rightsreserved.

© 2001 Billy Graham Evangelistic Association

1300 Harmon Place, Minneapolis, MN 55403-1988Telephone: 612/338-0500Web site: www.billygraham.org

Printed in U.S.A.

Dear Friends,

For over 50 years the Billy Graham EvangelisticAssociation has been at the forefront of proclaimingthe Gospel of the Lord Jesus Christ around theworld. We thank God that He has positioned us inevery area of evangelism to spread the message ofChrist.

In this new millennium, our desire is to use everymeans available to preach the Good News that Godloves sinners and has provided a way for each oneof us to be with Him in heaven. By confessing oursins, repenting and receiving Christ into our hearts and lives by faith, we can have eternallife. The only hope for the world is in Jesus Christ and Him alone.

The Billy Graham Evangelistic Association sponsored Amsterdam 2000, a world conferencefor evangelism, in The Netherlands this past summer. My father addressed over 11,000 itin-erant evangelists from more than 200 countries via satellite-beamed TV linkup. Many ofthese evangelists had never been out of their countries. I believe that this conference willhave an impact on evangelism for the next 20 years.

One of the unique ministries God has given to us is broadcasting the Gospel on prime-timetelevision throughout the year. No other ministry does this. We want to go head-to-headwith the most popular television programs and present the Gospel.

God has blessed us with a tremendous Team of men and women who have served formany years with the Association. We know that this ministry would not be possible with-out the faithful supporters who have stood with us time and time again.

“All over the world this gospel is bearing fruit and growing” (Colossians 1:6).

The following pages reflect the many facets of the ministry and the awesome responsibilitythat God has given to us. We give God the glory and praise for all that has been accom-plished in His name. Please pray that God will guide and direct our every step so that theWord of God can be faithfully proclaimed to a lost and dying world.

Thank you and God bless you.Sincerely,

Franklin Graham

AMSTERDAM 2000Amsterdam 2000, a Conference of PreachingEvangelists, attracted 11,500 evangelists and Christianleaders from 215 countries and territories. It featuredover 900 sessions for teaching, inspiration andinformation sharing. Held from July 29 to August 6 inThe Netherlands, and using 25 languages, the largemeetings were addressed by some of the world’s topChristian leaders including Anne Graham Lotz, FranklinGraham and Charles Colson on topics such as “TheGift and Calling of the Evangelist,” “The Evangelist andthe Bible,” “The Evangelist’s Heart of Compassion,”and other matters of importance to evangelists.

Amsterdam 2000 united people of different culturesand backgrounds in one simple purpose: to preparethem to use effective ways to present the Gospel inthe 21st century. Seventy-five percent of theparticipants came from developing nations.

On the final day of the conference, three special taskgroups of church leaders, theologians and missionsstrategists presented their findings on the future ofevangelism in The Amsterdam Declaration. The 5,000-word document, structured as “A Charter ofEvangelism in the 21st Century,” addresses issues ofbelief, practice and personal behavior, and it linkssocial responsibility and evangelism.

“The mission of the church has at its heart worldevangelization,” states the declaration. “We affirm theneed to encourage new initiatives to reach and discipleyouth and children worldwide.” The document states

that the Amsterdam 2000 participants “pledge ourselvesto work so that all persons on earth may have anopportunity to hear the Gospel in a language theyunderstand, near where they live.”

Words that carried the evangelists home came fromBilly Graham, who could not attend the meetings. “Iam asking that you take from here the light that youfound during these days,” said Mr. Graham, addressingthe participants via a satellite connection. “Hold thatlight high as you return to your home, and with thelight of the thousands of other participants fromaround the world, we can make a fire that will shinebrightly and will never be put out.”

Participants signed a one-page Covenant forEvangelists that affirms biblical principles ofevangelistic ministry. They pledged to, among otherthings, “practice a life of constant personal prayer,Bible study and devotion to God,” and “proclaim theGospel of Jesus Christ, God’s Son and our redeemer,the one and only Savior of the world.”

All major sessions of Amsterdam 2000 were broadcastvia the World Wide Web and are archived atamsterdam2000.org and crosswalk.com/billygraham.Daily interactive press briefings, daily plenary sessions,news releases and information are still available on theofficial Amsterdam 2000 Web sites. A new Web site,evangelistnet.com, contains the text of many of thesessions in several languages. Audio and videotapes ofsessions are being distributed in response to strategicministry requests. These materials are also beingdonated to thousands of seminaries and Bible schoolsaround the world.

Follow-up to the Amsterdam 2000 conferencecontinues in many countries, with BGEA staff workingto encourage and facilitate scores of regional andnational conferences for evangelists during 2001 and 2002.

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I looked and there before mewas a great multitude that no one could count, fromevery nation, tribe,people and language,standing before thethrone and in front ofthe Lamb.

—Revelation 7:9

T E S T I M O N Y An 83-year-old woman whowas the church organist for40 years attended theJacksonville Crusade. A weekearlier she had dreamed shehad died but did not go toheaven. Her daughter, whowas a counselor at theCrusade, encouraged her togo forward Sunday night “so you’ll never have toworry again.” She did godown to the field, and herdaughter had the opportunityto lead her in a salvationdecision.

COMMITMENTS

Salvation (58%)

Assurance (7.3%)

Rededication (30.2%)

Inquiry (2.1%)

Other (2.4%)

BILLY GRAHAM CRUSADESBilly Graham preached to multiple generations as he returned toNashville, Tennessee, for his third Crusade in Music City USA (June 1–4).Crowds averaged 52,500 each night, and an average of 2,100 individualsresponded each evening to Mr. Graham’s invitation to commit their livesto Christ. Nearly 600 area churches representing 48 denominationsparticipated in the yearlong Crusade preparations.

The 72,000 young people attending the Crusade’s “Concert for the NeXtGeneration” broke the previous attendance record for Adelphia Coliseum,home of the Tennessee Titans football team.

All four evening meetings were broadcast live via the Internet, a first fora Billy Graham Crusade. Mr. Graham expressed excitement about theplaces technology can take the Gospel, but cautioned not to place faithin it. “We’re living in a revolutionary and changing world, but man’smoral ability is lagging behind his technological ability,” he said. “It couldmean disaster and catastrophe for the human race. The greatest need inthe world right now is the transformation of human nature.”

For the first time on the “First Coast” of Florida, a Billy Graham Crusadetook place in Jacksonville (November 2–5). Attendance averaged morethan 55,000 per night, with an average of nearly 2,300 each eveningresponding to the invitation to follow Christ.

More than 650 churches representing 51 denominations involved over25,000 volunteers in the yearlong preparations, showing unprecedenteddenominational and racial unity. The Crusade Love-in-Action emphasisinvolved collecting “Revival Kits” for the area’s homeless population.These kits included personal items along with a rain poncho, coffee mugand a Bible. Nearly 6,000 kits were collected and distributed throughvarious Jacksonville ministries.

Saturday’s “Concert for the NeXt Generation” had the largest and mostdiverse audience of the Crusade, with 70,000 attending. Mr. Grahamshared with the youth a message of God’s love and desire to have a

personal relationship with them. “I can tell you tonight that your soulis the most important possession you have. Where your soul willspend its time throughout eternity is something you need to settlehere and now,” Mr. Graham said.

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Then [Jesus] said to His disciples, “The harvest isplentiful but the workers are few. Ask the Lord ofthe harvest, therefore, to send out workers intoHis harvest field.”

—Matthew 9:37–38

FRANKLIN GRAHAM FESTIVALSPeople heard and responded to the Word of God at five Franklin GrahamFestivals during 2000.

Over the past 20 years, Nicaragua has experienced violent politicalstruggles, a massive earthquake and destructive floods caused byHurricane Mitch. But nearly 200,000 Nicaraguans heard a message ofhope as Franklin Graham preached to overflow crowds February 11–12during Nicaragua 2000. The two-day event recorded some of the largestcrowds ever in the history of the country.

In April (28–30), Franklin Graham returned to Lubbock, Texas, for thefirst in a two-city outreach to Texas. Twenty-five years earlier, he hadbeen in Lubbock for six weeks to help his father, Billy Graham, preparefor a Crusade. More than 200 local churches joined together to preparefor West Texas Festival 2000, which drew overflow crowds totaling morethan 51,700.

The second stop in the Panhandle, August 18–20 in Amarillo, also drewoverflow crowds. More than 72,000 people attended Texas PanhandleFestival 2000. Leading up to the Festival, organizers partnered with localchurches to reach out to children in low-income families throughHoopLife 2000, which included several rounds of basketball tournamentsin the inner-city parks of North Amarillo and a championship game heldduring the Festival.

When High Country Festival 2000 brought Franklin Graham to hishometown of Boone, North Carolina, the attendance of over 42,000 forthe three-day event (September 15–17) exceeded the town’s population.Originally planned as the first event in a new facility at Appalachian StateUniversity, the Festival was forced by construction delays to move to thelarger Kidd Brewer Stadium, ultimately allowing more people to attend.

The final Festival of the year took place in Lexington, Kentucky, October 13–15. Audiences totaled 54,500 for the event, which wasorganized by more than 440 churches. Like the other Festivals, this oneincluded music by the Tommy Coomes Praise Band and guitarist DennisAgajanian. Special guests included Michael W. Smith, CeCe Winans, RickySkaggs and Kentucky Thunder, Kirk Franklin and Third Day.

T E S T I M O N Y “My son gave his life toChrist today. How can youexplain what it’s like whenyour son asks you to go withhim to accept Christ?”

Parent at High CountryFestival 2000

COMMITMENTS

Salvation (56.8%)

Assurance (5.0%)

Rededication (31%)

Other (6.8%)

Inquiry (0.4%)

For the word of God is living and active.Sharper than any double-edged sword, . . . itjudges the thoughts and attitudes of the heart.

—Hebrews 4:12

ASSOCIATE EVANGELIST MINISTRIESGod’s faithfulness was evident during 2000 as Associate Evangelist RalphBell conducted seven Celebration events. More than 58,000 peopleattended, and over 2,650 decisions were recorded.

Celebrations took place in Parkersburg, West Virginia; Smithers, BritishColumbia; Whiteville, North Carolina; Culpepper, Virginia; Logan, Ohio;Sikeston, Missouri; and Juneau, Alaska.

In tiny Smithers, with a population of less than 6,000, some 400 decisionsfor Christ were recorded. Only a few weeks after her decision to acceptJesus Christ at the Sikeston Celebration, a teenage girl was killed in atragic automobile accident that reminded the team and staff of thepurpose for the Celebrations.

WORLD EMERGENCY FUNDThrough the World Emergency Fund, BGEA helped to ease the pain andsuffering in many different trouble spots of the world.

Donations to the Fund go entirely to needy areas with nothing deductedfor administrative or other costs. Projects funded in 2000 included floodrelief in Venezuela and earthquake relief in Nicaragua.

COMMITMENTS

Salvation (41.2%)

Assurance (7.6%)

Rededication (40.0%)

Inquiry (1.4%)

Other (9.9%)

T E S T I M O N Y A 10-year-old boy at theGreater Piedmont Celebration2000 with Ralph Bell was soexcited when he went for-ward that he told his coun-selor, “Let’s get to the partwhere we accept Jesus!”

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Preach the Word; be prepared in season and out of season.

—2 Timothy 4:2

OPERATION CHRISTMAS CHILDThe Billy Graham Evangelistic Association again operated the Twin CitiesProcessing Center for Operation Christmas Child, a project of Samaritan’sPurse that delivers shoe box gifts to needy children around the world. Morethan 6,000 volunteers sorted, inspected and shipped almost 550,000 donatedshoe box gifts at this center, which is the second largest in the U.S.

More than 2.3 million shoe boxes were collected in the U.S., includingnearly 130,000 from the Upper Midwest region. Worldwide, OperationChristmas Child collected and distributed over 4 million shoe box gifts,impacting an estimated 20 million people. With each box, the childreceives a booklet explaining the Gospel.

One couple from Cedar Rapids, Iowa, drove five hours each way tovolunteer at the Twin Cities Processing Center on two differentweekends. They plan to take several weeks off work next year to helpduring the entire time the Processing Center is operating.

INTERNATIONAL MINISTRIESThrough its International Ministries division, BGEA is reaping a plentifulharvest around the world.

During 2000, BGEA Associate Evangelist Dr. Robert Cunville conductedCrusades and evangelistic events in various regions of the world, with totalattendance of 230,440 and 11,625 spiritual inquirers. Most of these Crusadestook place in India, but others were in Europe and the Pacific region.

Another evangelist, Viktor Hamm, preached the Gospel during 2000 in citiesof Europe, the former Soviet Union and North America, with an overallattendance of 129,860 and 10,551 inquirers. Rev. Hamm is leadingAmsterdam Follow-Up Conferences for Evangelists in the former SovietUnion and conducts a training-mentoring program for Russian evangelists.

Through the ministry of Children’s Evangelistic Rallies in 2000, more than125,000 children in four countries heard and saw the Gospel presentedthrough drama, and over 20,000 said they wanted Jesus “to become theirforever friend.” Evangelistic drama teams in other countries also reachedchildren with the Good News of Jesus. Two dramatic presentations, “TheGreatest Gift of All” and “The Puzzle,” present the message of the Gospelin such a way that children can understandand respond.

BGEA/World Wide Pictures films andvideos were shown in thousands oftheaters, churches and other locationsaround the world during 2000. Videoswere also distributed in several countries.Through the international film ministry,BGEA works in partnership withcommitted Christian organizations andindividuals on every continent.

T E S T I M O N YFollowing the devastation in Nicaragua, OperationChristmas Child brought gift-filled shoe boxes to a campthere for families who hadlost their homes. One five-year-old boy eagerly clutchedhis box and Gospel storybook,saying, “Gracias, gracias,muchas gracias. Someonefinally remembered us.”

He said to them, “Go into all theworld and preach the good newsto all creation.”

—Mark 16:15

TELEVISION TELEPHONE MINISTRYWhen Billy Graham is on television at prime time, he offers spiritualhelp to the viewers by inviting them to call a toll-free number. Innine cities in North America, volunteers staff phone centers to answerthese calls. Nearly 30 percent of the callers accept Christ as Savior.Another 20 percent register decisions regarding assurance of salvationor rededication to Christ. A total of 47,457 calls were handled during 2000.

Since June of 1999, the number of calls answered during a typicalBilly Graham telecast series has increased dramatically from 3,000 to 15,000.

The major emphasis in the year 2000 was to increase our base ofvolunteer workers to service these additional calls. A new 50-phonecenter opened in Albuquerque, New Mexico, and another center isset to open in San Diego, California. Additional phones were installedin existing centers, bringing the total to 516 phones in the system.

RESPONSE CENTERThe BGEA Response Center handled over 104,000 calls in the year 2000, supporting almost every department in the Association.Calls received dealt with a variety of subjects, such as informationabout times and channels of telecasts, comments or questionsconcerning Decision Today and The Hour of Decision, newsubscriptions to DECISION magazine, credit card contributions orspiritual concerns.

The Response Center can be reached toll-free Monday through Fridayfrom 7 a.m. to 7 p.m. Central Time at 1-877-2GRAHAM (1-877-247-2426).

DONOR COMMUNICATIONSBGEA prepared and mailed more than 37 million pieces of mail in2000. This included Billy Graham’s monthlyletters, Canadian and international DECISIONmagazines, mailings for World Wide Publicationsand World Wide Pictures, and books offered ontelevision and in Mr. Graham’s letters.

Staff also prepared and mailed receipts andcorrespondence, answered thousands oftelephone calls, transcribed sermons and oralhistories, assembled over 300,000 packets ofmaterials for Christian Life and Witness Classes,and assembled and mailed thousands ofinformation packets to Amsterdam 2000participants.

All employees, from clerks to postage machineoperators, recognize the key roles they play inevangelizing the world.

T E S T I M O N YDuring the Decembertelecast, a counselor reportedthat a 90-year-old man hadcalled with a practicalproblem, and during theconversation he prayed toreceive Christ as his Saviorfor the first time. Anotherphone worker talked to ayoung girl who wasconcerned for her sister’sspiritual walk. Her motherthen got on the phone andsaid that she had receivedChrist while in jail five yearsago after watching a BillyGraham program on TV.

My message and my preaching were not with wise and persuasivewords, but with a demonstration of the Spirit’s power, so that yourfaith might not rest on men’s wisdom, but on God’s power.

— 1 Corinthians 2:4–5

T E S T I M O N Y“I watched your movietonight . . . and it really hithome. It was as if I waswatching my life beingplayed out on T.V. . . . Ihave always been a sinnermy whole life, [and] I feelit’s time for a change.”

Columbia, South Carolina, prisoner

“Eight persons came to the Lord at our showing of The Ride.”

Stephen’s City, Virginia, pastor

T E S T I M O N Y“Thank you so much for youranswers and Scripture that Iwill look up. You guys arethe only ones that answerpersonally and I thank Godand you.”

WORLD WIDE PICTURESWorld Wide Pictures, the movie production arm of BGEA, releasedtwo films in 2000. Something to Sing About is an 81-minute, made-for-television movie, and Outspoken is a four-part youth video seriesfeaturing contemporary athletes and musicians who are outspokenabout their faith in Christ.

Something to Sing About was released nationally in June through atelecast, and it received top audience share in 10 major marketsincluding New York City, Charlotte, Jacksonville, Miami and Portland.More than 6,700 calls were answered following the telecast, with 39 percent of callers making first-time decisions. Since its release,Something to Sing About has been picked up by Black EntertainmentTelevision (BET), an independent network that will air the movie 12 times over the next 12 months. Television audience alone for themovie is estimated at more than 10 million.

More than 160,000 videos of World Wide Pictures movies were soldduring the year.

Production was completed for Road to Redemption, World WidePictures’ first comedy, which was released to theaters in 14 citiesearly in 2001. Doc Kom’s Surf Shop, a children’s video, was alsoproduced in 2000.

CHRISTIAN GUIDANCEThe Christian Guidance Department of BGEA handled letters, telecastfollow-up, telephone calls and e-mail from more than 135,000 people.Many of these people were in desperate circumstances, experiencingevery possible problem. These people contacted BGEA as a result ofCrusade telecasts, radio programs, visits to our Web sites, DECISIONmagazine articles, World Wide Pictures’ film showings, the “MyAnswer” newspaper column and Billy Graham’s books, as well as theCrusades conducted by Billy Graham, Franklin Graham and AssociateEvangelists in many parts of the world. Trained advisors and pastorsrespond to spiritual needs and matters of biblical concern. Literature,including tracts, books and especially sermons by Billy Graham, areprovided.

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Rededications 87

Assurance 105

Commitments 495

Encouragement 2,429

Decisions recorded

Do you not say, “Four months more andthen the harvest”? I tell you, open youreyes and look at the fields! They are ripefor harvest.

—John 4:35

BROADCAST MINISTRIES

RADIOThe year 2000 marked the 50th anniversary of Billy Graham’s firstbroadcast of the Good News over radio. Since the first Hour of Decisionprogram on November 5, 1950, as a live radio rally aired on the ABCNetwork, the program’s purpose has remained the same. The Gospel ofChrist is proclaimed, and our prayer base of support is regularly informedabout the ministries of Billy Graham and the BGEA. The program airs onover 690 stations in the U.S. and Canada and on six continents in fourlanguages.

Over 6,400 calls to the Response Center this year were prompted by TheHour of Decision. Nearly 5,000 of the callers were new to the BGEAmailing list. The Hour of Decision also has its own Web site, wherevisitors can listen to the broadcast. During 2000, more than 146,000people visited the site.

In addition to Billy Graham’s Crusade messages, several of FranklinGraham’s Festival messages were featured on The Hour of Decision, aswell as information about Operation Christmas Child and interviews fromAmsterdam 2000.

The daily radio program of BGEA, Decision Today, is heard on more than360 stations and translators across North America and on the World WideWeb. The half-hour program includes a variety of stories each day aboutBGEA, Samaritan’s Purse and other ministries; testimonies; and a look atthe news of the day from a Christian perspective. Each program alsoincludes a brief Bible study.

In 2000, Decision Today generated nearly 14,000 telephone calls, with 62percent from first-time callers. Additionally, over 800 e-mail messageswere received. The Web site, decisiontoday.org, averaged more than15,000 visitors per month. Here listeners find the current day’s show, anarchive of past programs, and listings of radio stations that carry theprogram.

TELEVISIONIn 2000, BGEA produced six prime-time television Crusadespecials that aired across the United States and Canada.These programs originated from recordings made at BillyGraham Crusades in Indianapolis, St. Louis, Nashville andJacksonville. These evangelistic programs included a toll-free telephone number, a Web site address, and a mailingaddress for viewers to contact BGEA. Over 700,000 piecesof mail and more than 30,000 phone calls were received inresponse to these programs.

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T E S T I M O N Y“I would like to let you knowthat I’m a regular listener toThe Hour of Decision. . . .I’m 17 years old. . . . I amgrateful that you can relateto my generation . . . thatyou explain God’s Word insuch a simple way.”

Listener from Lucas, Texas

A city on a hill cannot be hidden. Neither do peoplelight a lamp and put it under a bowl. Instead theyput it on its stand, and it gives light to everyone inthe house. In the same way, let your light shinebefore men, that they may see your good deeds and praise your Father in heaven.

—Matthew 5:14–16

INTERNETThe BGEA Internet presence has continued to grow and spread the hopeof the Gospel message online.

In 2000, 25 visitors per day committed their lives to Christ online; 18 percent of those were first-time commitments. Visitors were also ableto obtain live online spiritual help during key Association events in 2000through online chats.

Secure online transactions continue to enable supporters to makedonations conveniently, as well as purchase World Wide Pictures moviesand Grason books.

BGEA Web sites logged more than 4.5 million visitor sessions in the year,nearly twice that of 1999. The World Wide Pictures movie site forSomething to Sing About was especially successful with a spike of 213,000sessions in one month. We continue to offer Web sites for BGEA events,as well as sites for each major production of World Wide Pictures, andother ministry efforts.

SELECTED BGEA WEB SITES

Official Web site of BGEA www.billygraham.org

DECISION magazine online www.decisionmagazine.org

Decision Today daily radio program online www.decisiontoday.org

The Hour of Decision weekly radio program online www.hod.billygraham.org

Official site for World Wide Pictures www.wwp.org

Billy Graham’s youth discipleship site www.passageway.org

Blue Ridge Broadcasting online www.brb.org

The Cove Web site www.thecove.org

World Wide Publications/Grason site www.grason.org

SCHOOLS OF EVANGELISMThe Billy Graham Schools of Evangelism give participants the tools theyneed to mobilize their churches to share the Gospel. The four- to five-dayintensive courses are intended primarily for pastors and Christianworkers. However, anyone interested in evangelism, including otherchurch staff, parachurch ministry workers, missionaries, youth workers,Sunday school teachers, etc., can gain valuable training.

The Schools provide a time of renewal, recommitment, learning andsharing. They take place in various locations throughout North America.In 2000, Schools were held in Denver, Colorado; Toronto, Ontario; andLake Louise, Alberta.

T E S T I M O N Y

“You have given directionand purpose to my futureministry. . . . It is an over-worked cliché, but this wastruly a life-changing experi-ence: mine, and all thosewho will benefit from what Ihave learned here. Excuseme, but I have to go helpthe Lord save some souls.”

Pastor at Toronto School of Evangelism

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I have fully proclaimed the gospel of Christ. It has always been my ambition to preach thegospel where Christ was not known.

—Romans 15:19–20

DECISION MAGAZINEIn November 2000, DECISION magazine celebrated 40 years ofproclaiming the Gospel of Jesus Christ. The magazine continues topresent a fresh and contemporary publication within the framework of itstwofold purpose: to provide evangelistic articles that draw readers toChrist and to provide articles that nurture the faith of Christians.DECISION’s articles are always grounded in the authority of God’s Word.

During the past year, readers have praised DECISION features such as the Ten Commandments Bible study series. Many readers used the articles and study questions for individual or group study. This seriesand other selected articles were also available on the Web site,www.decisionmagazine.org.

The magazine’s coverage of the historic Amsterdam 2000 conferencebrought comments from around the world, such as this one fromMyanmar: “It is a joy and a privilege for me to read from those inspiringtestimonies of the participants. While reading, I felt as if I were togetherwith more than 10,000 participants.”

More than 1,400 readers responded to DECISION by sending letters ande-mail messages and by calling the Response Center. Another 500 readerscalled the Response Center to purchase or renew subscriptions forthemselves or for gifts. And BGEA received nearly 1,000 requests forpermission to reprint articles that had appeared in the magazine.

WORLD WIDEPUBLICATIONS/GRASONThe focus of World Wide Publications/Grason is to bring nonbelievers toa saving knowledge of Jesus Christ, as well as to guide Christians to adeeper faith in Christ. This is done through making available literatureand other materials. In 2000, thousands of people were reached throughbooks, CDs, videos and a monthly newsletter. With the launch of thewww.grason.org Web site, customers are able to access these productsday and night.

T E S T I M O N Y“I had a doctor’s appoint-ment, and as usual I tookmagazines with me to leavein the waiting room. This dayI had two DECISIONmagazines. A week later Ireceived a message that oneof the women working at theclinic picked up one of theDECISION magazines andread it. Because of this, shereceived the Lord into herheart. I am so happy for herand will keep on leavingmagazines.”

Reader from Michigan

26

It was [Christ] who gave some to be apostles, some to beprophets, some to be evangelists, and some to be pastors and

teachers, to prepare God’s people for works of service, so that the body of Christ may be built up.

—Ephesians 4:11–12

THE COVEGod continues to bless the Billy Graham Training Center at The Cove aswe train people in God’s Word to win others to Christ. Located inAsheville, North Carolina, The Cove offers seminars, conferences andretreats; youth camps; a Visitor Center; and community Bible studies.

Developed out of the God-given vision of Billy and Ruth Graham, TheCove is a quiet place for individuals and groups to renew, refresh andregain biblical perspectives. While here they can focus on God as theylearn how to share His Good News with others.

More than 10,000 individuals participated in 54 Cove seminars and wereexposed to life-changing messages presented by gifted Christian speakersand worship leaders. The Visitor Center staff and volunteers welcomedmore than 20,000 visitors and shared information about the history andministries of the BGEA and the love of Christ. In addition, The Cove’sconference and retreat ministry served 47 groups and over 3,000 guests.

During the summer, young lives were touched as 1,900 youths enjoyedfun-filled and spiritually enriching experiences at The Cove Camp. Thecamp also hosted special retreats during the year with over 1,700attending. The Cove’s Web site, www.thecove.org, lists upcomingseminars and registration information.

T E S T I M O N Y“I have been personallyblessed by God and chal-lenged by Him to be the saltand light that He has com-manded me to be.”

Seminar participant at The Cove

28

For what I received I passed on to you as of first importance:that Christ died for our sins according to the Scriptures, thatHe was buried, that He was raised on the third day accordingto the Scriptures, and that He appeared to Peter, and then tothe Twelve.

—1 Corinthians 15:3–5

BILLY GRAHAM CENTERThe Billy Graham Center (BGC) at Wheaton College in Wheaton, Illinois,provides training and resources for those who are compelled to spreadthe Gospel. Institutes, conferences and resources address cutting-edgeissues in evangelism and missions.

In 2000 the Center’s Museum was visited by more than 40,000 people,with 624 completing cards indicating decisions for Christ. Two temporaryexhibits were displayed in the exhibit gallery: one of Christian artist RonDiCianni’s work and one, which will remain until July 2001, based on thebook Billy Graham: God’s Ambassador. The library loaned materials tonearly 11,000 people studying or researching evangelism and missions.

BGC’s Institute of Strategic Evangelism has assumed a leadership role inMission America’s Proclamation Evangelism Network. BGC’s Institute ofPrison Ministries is giving leadership to the evangelism committee ofOperation Starting Line. The Center has also been instrumental in theInternet Evangelism Coalition, which now has 34 confirmed institutionalmembers.

BGC published the 2001–3 edition of the Mission Handbook, the first bythe Center, and a new edition of Two Tasks, the dedication speech for theBilly Graham Center by Charles Malik.

OPERATION STARTING LINEThe Billy Graham Evangelistic Association joined with more than a dozennational Christian ministries and local churches in Operation Starting Line,a five-year effort to reach all of America’s two million prisoners with theGospel.

The program was launched in April 2000 in Delaware. Operation StartingLine includes 55 separate campaigns of lively in-prison events. Workingwith local churches, Operation Starting Line provides follow-upprogramming in the form of Bible studies, seminary training, career andfamily support, and matching prisoners upon their release with mentorsin local churches.

FREEDOM AWARDBilly Graham received the Ronald Reagan Freedom Award,presented by former First Lady Nancy Reagan, in early April. TheRonald Reagan Presidential Foundation presents the Freedom Awardto recognize “the courage of an individual who has promotedfreedom around the world.”

Former President Reagan once said, “Billy Graham’s contribution tothe well-being of mankind is literally immeasurable. Millions of livesacross the globe have been enriched because of his good work.”Previous recipients of the award include Margaret Thatcher, MikhailGorbachev, Colin Powell and Bob Hope.

30

T E S T I M O N Y“Thank you very much formaking available these docu-ments. We desperately needaccess to things like this tohelp expand the world viewof our students. . . . We areblessed by your efforts!”

Seminary professor inIndonesia

For Christ’s love compels us, because we areconvinced that one died for all, and there-fore all died. . . . God was reconciling theworld to Himself in Christ.

—2 Corinthians 5:14, 19

OFFICERSChairman......................................................................................Billy GrahamFirst Vice Chairman & Chief Executive Officer....Wm. Franklin Graham, IIIVice Chairman ...................................................................Clifford B. BarrowsChairman of Executive Committee ....................................C. William PollardDeputy Chairman of Executive Committee ......................Allan C. Emery, Jr.President & Chief Operating Officer..........................................John R. CortsVice President-Finance/Controller

& Secretary ..........................................................................Joel B. AarsvoldTreasurer................................................................................Graeme M. Keith

32

Edward V. HillPastor Mt. Zion Missionary Baptist Church

Los Angeles, CAElected 1973

Roger A. JamesFamily PhysicianAsheville, NCElected 1985

Richard G. Capen, Jr.Former U.S. Ambassadorto Spain

Corporate Director & Author

Rancho Santa Fe, CAElected 1990

Melvin L. Cheatham †Clinical Professor of Neurosurgery

UCLA Medical CenterVentura, CAElected 1997

John R. CortsPresident & Chief Operating Officer

Billy Graham Evangelistic Association

Minneapolis, MNElected 1987

Graeme M. Keith † *ChairmanThe Keith Corporation

Charlotte, NCElected 1990

Marjorie GieserFreelance Artist/SculptorWheaton, ILElected 1992

Betty Jane Scheihing † *Senior Vice President,

Operations

Arrow Electronics, Inc.Melville, NYElected 1987

Ruth Shanahan

President Crowley Shanahan Foundation

Dallas, TXElected 1992

Greg LaurieSenior PastorHarvest Christian Fellowship

Riverside, CAElected 1994

C. William Pollard † *Chairman & CEOThe ServiceMaster

CompanyDowners Grove, ILElected 1986

William B. PaulsPresident

The Pauls Corporation

Englewood, CO

Elected 1997

BOARD COMMITTEE CHAIRPERSONSExecutive Committee ..........................................................C. William PollardAudit Review Committee......................................................Graeme M. KeithCorporate Compensation Committee.................................C. William PollardFinance Committee ...............................................................Graeme M. KeithGraham Center Liaison Committee...................................Sterling W. HustonInsurance Committee.....................................................Richard G. Capen, Jr.Investment Committee........................................................George F. BennettNominating Committee ...............................................................Billy GrahamPension Committee .................................................................Herbert P. HessPersonnel Committee ..................................................................John R. Corts

B O A R D O F D I R E C T O R S 2 0 0 0

George F.Bennett Elected1973Emeritus1999

Wallace E.BergElected1973Emeritus1997

David L.BurnhamElected1985Emeritus1998

Allan C.Emery, Jr.Elected1967Emeritus1999

CarlossMorrisElected1957Emeritus1999

William B.Walton, Sr.Elected 1978Emeritus 1997

Clifford B.BarrowsElected 1950Emeritus 2000

T. W. WilsonElected 1983Emeritus 1999

B O A R D M E M B E R S E M E R I T U S

Geoffrey L. Moore †PresidentGeoffrey L. Moore & AssociatesThornhill, Ontario, CanadaElected 1995

Donald NeufeldPresidentJ & H Builder’s WarehouseSaskatoon, Saskatchewan, CanadaElected 1999

Barrie J. Smith *Director of MarketingMacDon Industries, Ltd.Winnipeg, Manitoba, CanadaElected 1993

John R. Corts †President & Chief Operating OfficerBilly Graham Evangelistic Association Minneapolis, Minnesota, U.S.A.Elected 1988

Dennis Glubish *Family PhysicianSt. Albert, Alberta, CanadaElected 1999

Billy Graham †Evangelist & ChairmanBilly Graham Evangelistic Association Montreat, North Carolina, U.S.A.Elected 1968

Wm. Franklin Graham, III †First Vice Chairman & Chief Executive OfficerBilly Graham Evangelistic Association

ChairmanSamaritan’s Purse—CanadaCalgary, Alberta, Canada

Boone, North Carolina, U.S.A.Elected 1995

David C. Kaiser *Owner/OperatorMcDonald’s RestaurantCranbrook, British Columbia, CanadaElected 1996

Donovan A. McCarthy, Q. C. † *Retired ChairmanManitoba PublicInsurance Corporation

Winnipeg, Manitoba, CanadaElected 1968

OFFICERSChairman..................................Billy GrahamVice Chairman ..........Donovan A. McCarthySecretary.................................Barrie J. SmithAssistant Secretary ..............Joel B. AarsvoldTreasurer ..................................John R. Corts

* Audit Review Committee † Executive Committee

BOARD MEMBERSEMERITUSFrederick A. LangElected 1968Emeritus 1992

L. Claude SimmondsElected 1978Emeritus 1999

33

Billy GrahamEvangelist & ChairmanBilly Graham Evangelistic Association

Montreat, NCElected 1950

Wm. Franklin Graham, III †First Vice Chairman & Chief Executive Officer


President Samaritan’s Purse—U.S.A.Boone, NCElected 1979

Charles O. Morgan, Jr † *AttorneyMiami, FLElected 1983

Hon. Stephen E. MerrillFormer Governor of New Hampshire

AttorneyPresident, Bingham Consulting Groupat Bingham, Dana LLP

Boston, MAElected 1997

Herbert P. Hess †Managing DirectorBerents & Hess Capital Management, Inc.

Boston, MAElected 1979

Anne Graham LotzPresidentAnGeL MinistriesRaleigh, NCElected 1994

Joseph M. Stowell, III †PresidentMoody Bible InstituteChicago, ILElected 1999

Denton LotzGeneral SecretaryBaptist World AllianceMcLean, VAElected 1999

IN MEMORY OF ROSS L. WILLOWS1913–2000

Member of BGEA of CanadaBoard of Directors

Elected 1976Emeritus 1993

MelvinGrahamElected1985Emeritus1999

Arthur P.JohnstonElected1983Emeritus1997

C. HowardKast *Elected 1987Emeritus 1999

Guy A.Martin Elected 1967Emeritus 1999

Harold E.MartinElected1978Emeritus1998

Michael E. HaynesMinisterTwelfth Baptist ChurchBoston, MAElected 1987

* Audit Review Committee † Executive Committee

BGEA OF CANADA BOARD OF DIRECTORS 2000

FINANCIAL

Support and Revenue

Contributions, 65.0%

Evangelistic Films and Radio Stations, 2.2%

The Cove Seminar Revenue, 3.4%

Distribution of Books and Materials, 4.3%

Estates, Annuities and Trusts, 13.8%

Investment, Unrealized Losses and Other, 11.3%

Crusades and Other Evangelistic Ministries, 29.8%

International Ministries and World Emergencies, 23.8%

DECISION Magazine, 6.2%

Radio, Television and Films, 23.5%

Distribution of Books and Materials, 4.5%

General and Administrative, 5.9%

Fund Raising, 6.3%

The BGEA constantly strives to maximize ministry andminimize administrative costs. Our 2000 general and administrative

expense was 5.9% with an additional 6.3% for fund raising.This supports the 87.8% used to accomplish our mission.

Expenditures

Report of Independent Auditors

Board of DirectorsBilly Graham Evangelistic Association

We have audited the accompanying combined statement of financial position ofBilly Graham Evangelistic Association and Affiliated Organizations as ofDecember 31, 2000, and the related combined statements of activities and cashflows for the year then ended. These financial statements are the responsibility ofthe Association’s management. Our responsibility is to express an opinion on thesefinancial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted inthe United States. Those standards require that we plan and perform the audit toobtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining, on a test basis, evidence sup-porting the amounts and disclosures in the financial statements. An audit alsoincludes assessing the accounting principles used and significant estimates made bymanagement, as well as evaluating the overall financial statement presentation. Webelieve that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in allmaterial respects, the combined financial position of Billy Graham EvangelisticAssociation and Affiliated Organizations at December 31, 2000, and its combinedchanges in net assets and cash flows for the year then ended in conformity withaccounting principles generally accepted in the United States.

February 9, 2001

Ernst & Young LLP Phone: (612) 343-10001400 Pillsbury Center www.ey.comMinneapolisMinnesota 55402-1491

Ernst & Young LLP is a member of Ernst & Young International, Ltd.

36

ASSETS

ASSETS AVAILABLE FOR CURRENT MINISTRIESCash and cash equivalents $ 25,231,435 $ 40,000 $ 25,271,435Short-term investments 682,185 — 682,185Receivables from:

Distribution of books and films — — —Other 77,693 — 77,693

Accounts receivable (payable to) from affiliated organizations ( 405,196.) — ( 405,196.)

Inventories of books, supplies and materials — — —Prepaid expenses and miscellaneous assets 565,288 — 565,288

26,151,405 40,000 26,191,405OTHER ASSETS

Investments functioning as endowment 126,963,743 72,671,117 199,634,860Other long-term investments — — —Real estate held for sale 229,284 — 229,284Mortgage deeds receivable 293,329 — 293,329Unamortized television and film production costs 542,769 — 542,769

128,029,125 72,671,117 200,700,242INVESTMENTS IN DEFERRED GIVING PROGRAM

Gift annuity, endowment and irrevocable trusts 64,070,191 — 64,070,191Revocable trusts 30,038,226 — 30,038,226

94,108,417 — 94,108,417FIXED ASSETS

Land 1,654,154 7,263,126 8,917,280Buildings and improvements 7,508,696 32,239,010 39,747,706Equipment, furniture and fixtures 17,933,484 5,287,424 23,220,908

27,096,334 44,789,560 71,885,894Less depreciation ( 16,300,495.) ( 17,757,569.) ( 34,058,064 )

10,795,839 27,031,991 37,827,830

Total assets $259,084,786 $99,743,108 $358,827,894

LIABILITIES AND NET ASSETS

LIABILITIES RELATING TO CURRENT MINISTRIESSuppliers $ 2,391,490 $ — $ 2,391,490Employees for salaries and wages 2,002,530 — 2,002,530Pension plan 1,647,735 — 1,647,735Accrued expenses 1,097,890 — 1,097,890Unearned subscriptions for future issues of DECISION magazine 4,476,155 — 4,476,155

11,615,800 — 11,615,800

DUE TO GENERAL MINISTRIES (FROM THE COVE) ( 53,859,050 ) 53,859,050 —

DEFERRED GIVING PROGRAMGift annuities payable 38,908,227 — 38,908,227Funds held for others 8,169,282 — 8,169,282Revocable trust agreements refundable 30,038,226 — 30,038,226

NET ASSETSUnrestricted:

Funds functioning as endowment 126,963,743 72,671,117 199,634,860Undesignated 90,352,105 ( 26,787,059 ) 63,565,046

Total unrestricted 217,315,848 45,884,058 263,199,906Temporarily restricted 4,250,645 — 4,250,645Permanently restricted 2,645,808 — 2,645,808

Total net assets 224,212,301 45,884,058 270,096,359

Total liabilities and net assets $259,084,786 $99,743,108 $358,827,894

See accompanying notes.

BILLY GRAHAM EVANGELISTIC ASSOCIATION AND AFFILIATED ORGANIZATIONSCOMBINED STATEMENT OF FINANCIAL POSITIONDECEMBER 31, 2000


General Training CenterMinistries at The Cove Total

$1,624,174 $ 4,148 $ 4,781,070 $ 31,680,827— — 442,486 1,124,671

— — 787,295 787,29525,821 — 104,749 208,263

5,979 — 399,217 —— — 976,972 976,972

7,579 — 227,618 800,485

1,663,553 4,148 7,719,407 35,578,513

— — — 199,634,8601,662,651 25,781,103 — 27,443,754

— — — 229,284— — — 293,329— — 4,777,298 5,320,067

1,662,651 25,781,103 4,777,298 232,921,294

523,506 — — 64,593,6971,740,621 — — 31,778,847

2,264,127 — — 96,372,544

— — 202,685 9,119,96512,382 — 2,068,975 41,829,063

212,849 — 4,661,174 28,094,931

225,231 — 6,932,834 79,043,959( 129,816 ) — ( 3,481,385 ) ( 37,669,265 )

95,415 — 3,451,449 41,374,694

$5,685,746 $25,785,251 $15,948,154 $406,247,045

$ 90,554 $ — $ 682,169 $ 3,164,21322,744 — 141,864 2,167,138

— — 44,348 1,692,08324,019 — 1,286 1,123,195

227,458 — — 4,703,613

364,775 — 869,667 12,850,242

— — — —

— — — 38,908,227108,268 — — 8,277,550

1,740,621 — — 31,778,847

— — — 199,634,8603,056,844 25,785,251 15,078,487 107,485,628

3,056,844 25,785,251 15,078,487 307,120,488403,977 — — 4,654,62211,261 — — 2,657,069

3,472,082 25,785,251 15,078,487 314,432,179

$5,685,746 $25,785,251 $15,948,154 $406,247,045

Billy GrahamEvangelistic Association Graham Fund

of Canada for Evangelism Other Affiliates Combined

37

38

CHANGES IN UNRESTRICTED NET ASSETS

SUPPORT AND REVENUEDuring the year, support and revenue from donors and variousevangelistic activities consisted of:

Contributions $ 70,867,930 $ 697,894 $ 71,565,824Distribution of religious books and related evangelistic materials — — —Evangelistic film showings in churches — — —Proceeds from estates, annuities and trusts 20,120,359 — 20,120,359The Cove seminar revenue — 5,102,483 5,102,483Radio stations revenue — — —Investment and other income 13,148,569 5,861,584 19,010,153Unrealized gains (losses) on investments ( 4,948,768 ) ( 1,535,222 ) ( 6,483,990 )Net assets released from restrictions 17,699,288 — 17,699,288

So that total support and revenue aggregated 116,887,378 10,126,739 127,014,117

EXPENDITURESOperating costs incurred in providing our evangelistic ministriesincluded:

Radio, television and films 21,957,382 — 21,957,382Distribution of religious books and related evangelistic materials — — —DECISION magazine 7,764,602 — 7,764,602International ministries and world emergencies 30,109,387 — 30,109,387Crusades and other evangelistic ministries 28,933,540 9,296,863 38,230,403

88,764,911 9,296,863 98,061,774Fund raising 7,566,590 — 7,566,590General and administrative to support the above ministries 6,498,743 — 6,498,743

Thus our total expenditures for the year were 102,830,244 9,296,863 112,127,107

Resulting in an excess (deficit) of support and revenue overexpenditures before transfers of 14,057,134 829,876 14,887,010

Transfers between affiliated organizations ( 410,513 ) — ( 410,513.)Foreign currency translation — — —

Increase (decrease) in unrestricted net assets 13,646,621 829,876 14,476,497

CHANGES IN TEMPORARILY RESTRICTED NET ASSETSAmsterdam 2000 conference contributions 15,671,541 — 15,671,541Principal receipts 1,102,493 — 1,102,493Investment income 550,015 — 550,015Net unrealized and realized losses on investments ( 84,397 ) — ( 84,397 )Payments to participants and others ( 1,667,215 ) — ( 1,667,215 )Principal released to Association by gift or death of participant ( 242,115 ) — ( 242,115 )Net assets released from restrictions ( 17,699,288 ) — ( 17,699,288 )

Decrease in temporarily restricted net assets ( 2,368,966 ) — ( 2,368,966 )

CHANGES IN PERMANENTLY RESTRICTED NET ASSETSPrincipal receipts 32,171 — 32,171Investment income 176,779 — 176,779Net unrealized and realized gains (losses) on investments 41,129 — 41,129Payments to participants and others ( 4,657 ) — ( 4,657 )Income released to Association ( 161,806 ) — ( 161,806 )

Increase in permanently restricted net assets 83,616 — 83,616

Resulting in a change in net assets 11,361,271 829,876 12,191,147Net assets at the beginning of the year 212,851,030 45,054,182 257,905,212

Net assets at the end of the year $224,212,301 $45,884,058 $270,096,359


BILLY GRAHAM EVANGELISTIC ASSOCIATION AND AFFILIATED ORGANIZATIONSCOMBINED STATEMENT OF ACTIVITIESYEAR ENDED DECEMBER 31, 2000



$4,275,662 $ — $ 2,552,523 $ 78,394,009— — 6,331,650 6,331,650

44,970 — 2,677,710 2,722,680456,547 — — 20,576,906

— — — 5,102,483— — 595,858 595,858

194,753 1,763,622 1,501,441 22,469,96920,880 844,750 — ( 5,618,360 )

854,861 — — 18,554,149

5,847,673 2,608,372 13,659,182 149,129,344

2,313,699 — 7,289,108 31,560,189— — 6,001,410 6,001,410

539,657 — — 8,304,2591,722,637 — — 31,832,024

685,638 1,036,108 — 39,952,149

5,261,631 1,036,108 13,290,518 117,650,031694,784 — 219,683 8,481,057250,708 54,363 1,064,397 7,868,211

6,207,123 1,090,471 14,574,598 133,999,299

( 359,450.) 1,517,901 ( 915,416 ) 15,130,045— — 410,513 —

( 130,337.) — — ( 130,337 )

( 489,787.) 1,517,901 ( 504,903 ) 14,999,708

578,139 — — 16,249,680116,407 — — 1,218,90033,712 — — 583,727( 5,074.) — — ( 89,471 )

( 33,712.) — — ( 1,700,927 )— — — ( 242,115 )

( 854,861 ) — — ( 18,554,149 )

( 165,389 ) — — ( 2,534,355 )

— — — 32,171674 — — 177,453

( 464.) — — 40,665— — — ( 4,657 )— — — ( 161,806 )

210 — — 83,826

( 654,966 ) 1,517,901 ( 504,903 ) 12,549,1794,127,048 24,267,350 15,583,390 301,883,000

$3,472,082 $25,785,251 $15,078,487 $314,432,179



39

40

1. SIGNIFICANT ACCOUNTING POLICIESDescription of Ministry: The mission of the Association is to support the evangelistic ministry and calling of Billy Graham through communitycrusades, radio, television, DECISION magazine, seminars and any other means to spread the Gospel of Jesus Christ. Support is received fromindividual donors through contributions, deferred giving programs and evangelistic activities.

Principles of Combination: The combined financial statements include Billy Graham Evangelistic Association and all significant affiliated orga-nizations. Included in the other affiliates column are:

Blue Ridge Broadcasting CorporationChristian Broadcasting AssociationWorld Wide PicturesWorld Wide Publications

The affiliated organizations have ministries that strengthen the ministries of the Association and share the same goals and purposes. All signif-icant intercompany accounts and transactions have been eliminated.

The assets and liabilities of Billy Graham Evangelistic Association of Canada are translated at current exchange rates, while income andexpense items are translated at average exchange rates prevailing during the year. The foreign exchange translation at December 31, 2000, of$130,337 is included in the combined statement of activities. The revenues and expenditures of the other foreign ministries are not combinedbecause they are immaterial.

On February 15, 2000, the Christian Broadcasting Association sold its radio stations, KAIM AM and FM, for $1.8 million, recognizing a gain of$1.1 million.

Cash Equivalents: Cash equivalents include all highly liquid investments with a maturity of three months or less when purchased. Cash andcash equivalents included in investments functioning as endowment and investments in the deferred giving program are not considered cash

OPERATING ACTIVITIESChange in net assets $11,361,271 $ 829,876 $12,191,147Adjustments to reconcile change in net assets to net cash provided

by (used in) operating activities:Depreciation and amortization expense 2,731,586 1,953,229 4,684,815Amortization of premiums (discounts) on securities ( 1,000,042.) — ( 1,000,042.)Unrealized losses (gains) on investments 6,224,962 1,535,222 7,760,184Donations of real estate and mortgage deeds receivable ( 34,411.) — ( 34,411.)Proceeds from the sale of donated real estate 205,003 — 205,003Changes in operating assets and liabilities:

(Increase) decrease in receivables 111,472 — 111,472Changes in inventories and prepaid expenses 474,023 — 474,023Increase (decrease) in liabilities relating to current ministries 245,391 — 245,391

Net cash provided by (used in) operating activities 20,319,255 4,318,327 24,637,582

INVESTING ACTIVITIESPurchases of investments ( 31,355,378.) — ( 31,355,378.)Maturities of investments 36,131,583 — 36,131,583Net change in endowments ( 5,842,777.) ( 5,861,584.) ( 11,704,361.)Additions to unamortized television and film production costs ( 542,769.) — ( 542,769.) Purchases of fixed assets ( 1,357,194.) ( 354,446.) ( 1,711,640.) Net change in deferred giving ( 5,200,138.) — ( 5,200,138.) Other 214,489 4,779 219,268

Net cash (used in) provided by investing activities ( 7,952,184 ) ( 6,211,251.) ( 14,163,435.)

FINANCING ACTIVITIESAdvances to The Cove ( 1,902,924.) 1,902,924 —

Net cash (used in) provided by financing activities ( 1,902,924.) 1,902,924 —

Increase in cash and cash equivalents 10,464,147 10,000 10,474,147

Cash and cash equivalents at the beginning of the year 14,767,288 30,000 14,797,288

Cash and cash equivalents at the end of the year $25,231,435 $ 40,000 $25,271,435


BILLY GRAHAM EVANGELISTIC ASSOCIATION AND AFFILIATED ORGANIZATIONSCOMBINED STATEMENT OF CASH FLOWSYEAR ENDED DECEMBER 31, 2000

BILLY GRAHAM EVANGELISTIC ASSOCIATION AND AFFILIATED ORGANIZATIONSNOTES TO COMBINED FINANCIAL STATEMENTS DECEMBER 31, 2000



and cash equivalents for purposes of the statement of cash flows.

Inventories: Inventories are stated at the lower of cost (first-in, first-out method) or market.

Cost of Film Rights, Prints and Productions: Costs relating to film rights, prints and productions are amortized usingthe individual film forecast method which amortizes such costs to operations in the same ratio that gross revenuesbear to anticipated total gross revenues.

Fixed Assets: Land is carried at cost; buildings, improvements and equipment are carried at cost less accumulateddepreciation. Costs of new facilities and improvements are capitalized while maintenance and repairs are charged toexpense in the period incurred. Depreciation of buildings, improvements and equipment is provided by use of thestraight-line method which is designed to amortize the costs of the properties over their estimated useful lives.

Deferred Giving Program: The Association has a fully funded program whereby deferred gifts can be made throughgift annuity and trust participation.

All gift annuity fund assets are held in trust by a bank and managed by an investment management company.Various state laws require the Association to maintain assets which are equal in amount to the actuarial reserve nec-essary to pay the annuities plus an additional reserve. During 2000, the related gift annuity payable decreased by $4 million reflecting a reduction in the maximum additional reserves required by some states offset by the effect of amandated revision to the mortality tables. Trust assets are held and managed by the Association.

The Association records assets received in the deferred giving program at their fair value, records the liabilitiesincurred, and the contribution portion is recognized as income at the time the agreement is executed. Revocable trustagreements are recorded as a refundable liability until the agreement becomes irrevocable or the assets distributed, atwhich time the contribution revenue is recognized.

The Association is also named as a beneficiary in revocable trusts and wills which are not managed by theAssociation. These assets are not included in the combined statement of financial position as the Association’s shareof these assets cannot be determined.

DECISION Magazine: A portion of gifts received, representing the subscription price of DECISION magazine, is allo-cated to unearned subscriptions and is amortized to income over a twelve-month period following receipt.

$ ( 654,966.) $1,517,901 $ ( 504,903.) $12,549,179

15,256 — 3,903,642 8,603,713( 136,692.) — — ( 1,136,734.)

89,931 ( 844,750.) — 7,005,365— — — ( 34,411.)— — — 205,003

( 52,800.) — 609,171 667,843( 4,575.) — ( 28,630.) 440,818

( 20,591.) — 408,916 633,716

( 764,437.) 673,151 4,388,196 28,934,492

( 1,088,076.) ( 672,871 ) ( 442,486.) ( 33,558,811.)2,831,550 — — 38,963,133

— — — ( 11,704,361.)— — ( 3,738,345.) ( 4,281,114.)

( 28,469.) — ( 86,144.) ( 1,826,253.)( 112,119.) — — ( 5,312,257.)

10,312 — 726,821 956,401

1,613,198 ( 672,871 ) ( 3,540,154.) ( 16,763,262.)

— — — —

— — — —

848,761 280 848,042 12,171,230

775,413 3,868 3,933,028 19,509,597

$ 1,624,174 $ 4,148 $ 4,781,070 $31,680,827



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Funds Functioning as Endowment: The Association’s Board of Directors has designated a portion of unrestricted net assets as funds function-ing as endowment. Separate fund designations have been made for the Billy Graham Training Center at The Cove (The Cove CharitableTrust Fund) and for future ministries. However, because the Board has made this designation, it has the right to change its designation orexpend the principal by future Board action. In 2000, $50,000,000 was transferred from undesignated net assets to the Fund Functioning asEndowment for Future Ministries.

The purpose of The Cove Charitable Trust Fund is to receive, hold and invest property in trust, the income of which is to be used for sup-porting, maintaining and improving perpetually the facilities and ministry at the Billy Graham Training Center at The Cove consistent withthe evangelistic purposes of the Association. However, the investment income is currently being reinvested in the Trust Fund to increase theFund’s investment balance.

Amsterdam 2000 Conference: A conference for preaching evangelists and church leaders from around the world was held in July 2000 inAmsterdam, The Netherlands. Contributions received designated for Amsterdam 2000 were recorded as temporarily restricted and released tounrestricted when funds were spent for the conference.

Training Center at The Cove: The assets, liabilities, support, revenue and expenditures of the Billy Graham Training Center at The Cove havebeen segregated from the General Ministries of the Association. The $53,859,050 due to General Ministries represents funds advanced to theTraining Center for land, buildings and operations.

Allocation of Joint Costs: Certain expenditures of the Association and affiliates (radio and television, direct mail and postage) relate to bothministries and support services.

The allocation of these joint costs is based on estimates of the content, audience and purpose of these expenditures. Total joint costs andrespective allocations are as follows:

Radio, television and films $25,750,781Distribution of books 608,124DECISION magazine 1,899,480International ministries 85,569Other evangelistic ministries 8,764,315Fund raising 5,921,693General and administrative 2,228,652

$45,258,614

Income Taxes: The Association and affiliated organizations are exempt from federal income taxes and contributions to them are deductible ascharitable contributions under Internal Revenue Code Section 170, except for World Wide Publications, which is a taxable organization. TheInternal Revenue Service has issued determination letters to the Association and exempt affiliated organizations stating that they qualify fortax-exempt status under Internal Revenue Code Section 501(c)(3). The Internal Revenue Service has also issued rulings stating that they willnot be treated as private foundations within the meaning of Internal Revenue Code Sections 509(a)(1), 509(a)(2) and 509(a)(3), except for-eign affiliates.

Net Asset Classifications: Permanently restricted net assets include contributions which donors have specified must be maintained in perpetu-ity. The related income may be expended for such purpose as specified by the donor, or if none, then for any purpose of the Association.Included in permanently restricted assets are primarily the Endowment Fund.

Temporarily restricted net assets are comprised of funds which are restricted by donors for specific purposes or time periods. Included arenet assets of the Irrevocable Trusts and a portion of the Endowment Fund.

Unrestricted net assets represent funds which are fully available, at the discretion of management and the Board of Directors, for theAssociation to utilize in any of its programs or supporting services.

Temporarily Restricted Contributions: The Association records contributions as temporarily restricted if they are received with donor stipula-tions that limit their use either through purpose or time restrictions. When donor restrictions expire, that is, when a time restriction ends or apurpose restriction is fulfilled, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement ofactivities. It is the Association’s policy to record temporarily restricted contributions received and expended in the same accounting period inthe unrestricted net assets class activity.

Use of Estimates: The preparation of financial statements in conformity with generally accepted accounting principles requires management tomake estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results coulddiffer from the estimates.

Accounting for Long-Lived Assets: The Association records losses on long-lived assets used in operations when indicators of impairment arepresent and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amount.

2. INVESTMENTSInvestments are generally recorded at fair value based upon quoted market prices, when available, or estimates of fair value. Donated assetsare recorded at fair value at the date of donation, or, if sold immediately after receipt, at the amount of sales proceeds received. Thoseinvestments for which fair value is not readily determinable are carried at cost or, if donated, at fair value at the date of donation, or, if novalue can be estimated, at a nominal value.

Short-term investments include investments with a maturity of one year or less and long-term investments include investments with a maturi-ty greater than one year.

Realized and unrealized gains or losses on investments are determined by comparison of specific costs of acquisition to proceeds at the timeof disposal, or market values at the balance sheet date, respectively, and include the effects of currency translation with respect to transac-tions and holdings of foreign securities.

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Investments are presented in the combined financial statements as follows:

Fair Value

For current ministries:Cash equivalents $ 30,055,774Short-term investments 1,124,671Long-term investments 27,443,754

58,624,199

Functioning as endowment:Cash equivalents 9,367,192Long-term investments 190,267,668

199,634,860

Deferred Giving Program:Cash equivalents 5,125,487Long-term investments 91,247,057

96,372,544

Total investments $354,631,603

Investments are composed of the following:

Fair Value

U.S. common stock $ 98,082,549U.S. government-backed mortgage

securities 83,034,115Money market accounts 64,857,351U.S. Treasury notes 50,700,664U.S. corporate bonds 37,966,419Real estate 6,084,277U.S. Treasury bonds 3,789,082U.S. municipal bonds 3,072,425Other 2,441,056Canada government-backed mortgage

securities 1,959,670Canadian interest component 1,694,299U.S. savings bonds 814,254Canadian provincial bonds 135,442

Total investments $354,631,603

3. DEFERRED GIVING PROGRAMThe net assets in the Deferred Giving Program are:

Assets Liability Net Assets

Gift Annuity Fund $49,028,619 $38,908,227 $10,120,392Irrevocable Trusts 12,828,244 8,247,643 4,580,601Endowment Fund 2,736,834 29,907 2,706,927Revocable Trusts 31,778,847 31,778,847 —

$96,372,544 $78,964,624 $17,407,920

4. NET ASSETSTemporarily Restricted Net Assets: Temporarily restricted net assets at December 31, 2000, are available for the following purposes:

Endowment Fund $ 113,759Irrevocable Trusts 4,540,863

$4,654,622

Permanently Restricted Net Assets: Permanently restricted net assets at December 31, 2000, are availablefor the following purposes:

Endowment Fund $2,593,168Irrevocable Trusts 63,901

$2,657,069

5. PENSION PLANThe Association has a defined contribution target benefit pension plan that covers most employees of the Associationand its affiliates. Contributions to the Plan are allocated based on salary, age and hours for each year of service.Contributions to the Plan are determined by the Board of Directors. The Association and its affiliates recorded pensionexpense of $1,627,551 for the year ended December 31, 2000.

6. INTERNATIONAL MINISTRIES AND WORLD EMERGENCIESExpenditures for international ministries and distributions for world emergencies during the year were as follows:

Evangelistic ministries:Amsterdam 2000 conference $27,129,489Overseas crusades and special projects 3,962,383World Emergency Fund and other restricted gifts 248,131Assistance to international affiliates of the Association 20,546Assistance to other organizations 72,500

31,433,049Overseas radio, television and films 398,975

$31,832,024

Included in the expenditures above are contributions of $60,000 to East Gates Ministries International for ministry inAsia. The president of East Gates Ministries International is a son of Billy Graham.

7. CRUSADES AND OTHER EVANGELISTIC MINISTRIESCrusades and other evangelistic ministries include expenditures incurred for community crusades, Christian guidance,printing and mailing of literature and gifts to other religious organizations. Included herein are contributions of $1,036,108to Wheaton College and $144,000 to Gordon-Conwell Theological Seminary. The Association shares several commonboard members with these institutions. Also in 2000, $250,000 was contributed to Samaritan’s Purse for ministry support.The president of Samaritan’s Purse is a son of Billy Graham and the First Vice Chairman and Chief Executive Officer ofthe Association.

8. FUNDS FUNCTIONING AS ENDOWMENTA summary of the change in the funds functioning as endowment for the year is as follows:

The CoveFuture Charitable

Ministries Trust Fund

Amount designated at January 1, 2000 $ 78,135,134 $68,344,755Income earned on investments 5,458,186 5,861,584Unrealized losses on investments ( 6,629,577 ) ( 1,535,222 )Transfer from undesignated net assets by Board action 50,000,000 —

Amount designated at December 31, 2000 $126,963,743 $72,671,117

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we will tell the next generation the praiseworthy … the praiseworthy deeds of the lord, his power,...

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