Tagged “siphoning funds”

“the point of Canon Press”

But the point of Canon Press is to — when they make money from it — is to turn the money back around into books, the publication of additional books. So it would be inaccurate to say that Canon Press is functioning as a cash cow for the church. The church oversees the ministry, but the funds that Canon Press makes cycle back into the publication of more books. The same with Credenda; Credenda receives donations to publish the magazine. The money that comes in is used to publish more magazines, it’s not a — the church is not siphoning funds out of these lucrative businesses.
Douglas Wilson