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You are here: Home / Financial Accountability

Financial Accountability

ECFA_Accredited_Final_CMYK_ET2KSWP and KAVX are governed by the Lufkin Educational Broadcasting Foundation, known as LEBF Broadcasting, a 501(c)3 not-for-profit ministry. No individual holds any ownership in the corporation.

Lufkin Educational Broadcasting Foundation, Inc. (LEBF/KSWP/KAVX) is a member of the Evangelical Council on Financial Accountability (ECFA).

Founded by Billy Graham, the ECFA oversees our financial affairs, ethics and reporting standards.

Organizations that are members of the ECFA must comply with the following requirements:

  • Obtain an audit at regular intervals, maintain a functioning audit review monthly from an outside firm and report to the board.
  • Be governed by an independent, responsible board, a majority of whose members are not employees or relatives. The board must also meet regularly to establish policy and review accomplishments.
  • Provide a copy of its current financial statements to anyone upon written request.

In addition, ECFA members agree to comply with ECFA standards for fundraising. These include truthfulness in communications, using funds specifically for the purposes for which they were given and not creating unrealistic donor expectations. Over the years, the ECFA seal has become a symbol of trust, and KSWP/KAVX/LEBF is honored to be a part of that tradition.


LEBF/KSWP/KAVX POLICIES OF FINANCIAL GIVING

  • LEBF/KSWP/KAVX will conduct the ministry of the station consistent with the belief that God is the ultimate source for meeting all of its financial needs and that God primarily uses faithful listeners as His instruments to meet those needs.
  • LEBF/KSWP/KAVX will encourage its listeners to give financially to the station and will provide opportunities for listeners to do so.
  • Because LEBF/KSWP/KAVX believes that financial resources should be given responsibly and by faith, LEBF/KSWP/KAVX will never attempt to manipulate or coerce listeners to give nor will it encourage the use of methods of giving that could potentially cause a listener to give irresponsibly.
  • LEBF/KSWP/KAVX is committed to “need-based” giving and thus will communicate particular needs to the listeners prior to requesting that listeners provide financial resources to the station.
  • Because LEBF/KSWP/KAVX is primarily a listener-supported ministry, LEBF/KSWP/KAVX will show its appreciation to those who support the ministry by, among other things, sending the giving listener meaningful communication regarding the listener’s financial support and by providing the listener with a regular record of their giving.
  • Because LEBF/KSWP/KAVX desires accountability to its listeners, LEBF/KSWP/KAVX will report to listeners how it uses funds given to support the ministry, and LEBF/KSWP/KAVXwill discourage the establishment of any funding source or plan that would result in the station losing accountability to its listeners.
  • LEBF/KSWP/KAVX will not accept financial support from any person or entity, or under any circumstances, that would cause LEBF/KSWP/KAVX to relinquish, or have diminished, control over the operation of the ministry or that would compromise the ministry’s integrity.

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MISSION & VISION

Share the Hope of Christ,
Connect You to a real & loving God,
Serve Others by being real.
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Bible verse of the day

Be diligent to present yourself approved to God, a worker who does not need to be ashamed, rightly dividing the word of truth.
2 Timothy 2:15
DailyVerses.net

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