I’m very grateful to Tyndale House Publishers, for publishing Thriving at College (of course), but also for completing 50 years of publishing edifying Christian literature. I think of riveting fiction such as Son of Hamas, Randy Alcorn’s excellent books including Heaven and Money, Possessions and Eternity, or R.C. Sproul’s timeless classic The Holiness of God.
But here are some facts you may not know about Tyndale House Publishers:
1. Tyndale House gives 10% of pretax income to charitable work.
2. Tyndale House gives all its remaining profit after taxes and expenses to the Tyndale Foundation, which provides hundreds of grants to Kingdom work worldwide, primarily Bible translation in numerous languages, but so much more. This amounts to an average of 5 to 6 million dollars each year.
3. Tyndale House gives away all damaged product. Instead of shredding slightly damaged product, we give it away to various ministries who are thrilled to have it. This amounts to about 1 million dollars each year.
4. All NLT Bible royalties go to the Foundation. Rather than keeping these for himself, Ken Taylor decided at the founding of the company that Bible royalties would go to the Foundation. This amounts to well over a million dollars each year.
In a time when many Christian publishers are publishing books that are spreading misleading and harmful doctrine, I appreciate Tyndale’s commitment to produce literature consistent with biblical principles and to spread the Good News of Christ around the world. (During the past 40 years, they have distributed over 100 million Bibles, New Testaments, and Bible portions worldwide.)
Through the Tyndale House Foundation, their non-profit arm, they have made thousands of grants to support Christian work, including new translations of the Bible in languages around the world. From 1963 to 2008, the Foundation’s grants totaled $59 million (the equivalent of $139 million in today’s dollars).
Tyndale House—thanks for investing in eternity, and congratulations on your 50th anniversary!