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But through cost-cutting measures and, most recently, a $500,000 grant from the Lilly Endowment and a $625,000 advance royalty check from a conservative Bible publisher, the National Council of Churches has balanced its books
The $625,000 check from Crossway Books received this summer carried with it a bit of irony. Well before Edgar was elected to the NCC's chief executive post in late 1999, the council had sold special rights to its Revised Standard Version Bible to Crossway. That publisher edited "a derivative" version for a theologically conservative market—the English Standard Version. Other publishers with rights from the NCC use the updated NRSV translation. Rather than stringing out royalty checks over the term of the ten-year contract, Crossway negotiated a large advance payment. "It's a win-win situation for us both," said John Briscoe, NCC director of development. The sum in turn enabled the NCC to erase a debt...
I doubt the miniscule royalties from the ESV's permission to use the RSV as a parent-text is doing a fraction of what denominations and other groups are doing.The irony is that the ESV kept the liberal National Council of Churches financially solvent.
the National Council of Churches has reached a historical low point as it celebrates its 50th anniversary at a meeting starting Tuesday in Cleveland.
A cover cartoon for this week's Christian Century, a liberal Protestant magazine friendly to ecumenism, shows the council's New York headquarters building all but toppling into the Hudson River. Analyst Jean Caffey Lyles writes that insiders wonder whether the council "is likely to survive for very long after the ambitious celebration and, if so, in what form."
the council last year hired the Pappas Consulting Group of Greenwich, Conn., to overcome what Pappas depicts as years of financial and administrative chaos.
last month when the Methodist church, the biggest council member, suspended further contributions to the central operating fund.