Historical Archive Note: The following content is preserved here for educational and research purposes. This article was originally published by the Orlando Sentinel on June 29, 1986. While we strive to maintain the integrity of the original reporting, some formatting has been updated for digital readability. All rights to the original text remain with the original publisher.
Orlando Sentinel Archive: June 29, 1986
Temples, Not Hospitals Get Most Shrine Money
By John Wark and Gary Marx
Shrine temples, not Shrine hospitals, are often the primary beneficiaries of the group’s fund-raising activities, an investigation by The Orlando Sentinel has found.
IRS records for 76 temples reviewed by the newspaper showed an income of $39.8 million. These temples reported spending $35.3 million on themselves and giving $4.5 million to hospital charity, according to IRS and hospital records.
Projections based on records for 185 Shrine temples in 1984 suggest a total income of approximately $97 million. Shriners spent on themselves or invested an estimated $86 million of that total, while Shrine hospitals received roughly $11 million.
The money provided by the Shrine temples represents only a small fraction—about 4 percent—of the hospitals’ annual income. Most of the hospital funding, roughly $126 million in 1984, came from interest on the charity’s $1.75 billion investment portfolio. This interest alone was more than enough to cover the hospitals’ $103 million in annual operating costs.
Note: This article was originally published on June 29, 1986. Some details may have been condensed for digital archival purposes.
Original article link: https://www.orlandosentinel.com/1986/06/29/temples-not-hospitals-get-most-shrine-money/