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PTL Club

Also Known As Heritage Village Church and Missionary Fellowship, Inc. · Praise the Lord Club
Broadcasting Ministry

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Origin from 1974

A daily Christian television program and its parent ministry, founded in 1974 by Jim and Tammy Faye Bakker, that grew into a satellite network and the Heritage USA theme park before collapsing in a 1987 to 1989 sexual and financial scandal.

Facts
Finances
Institutional Wealth or FinancesSourced to the subject's own account
The Washington Post reported on 9 September 1987 that Heritage USA, the PTL ministry's theme park and headquarters complex, had sought Chapter 11 bankruptcy protection under the interim leadership of Jerry Falwell, who took over the ministry after Jim Bakker's resignation, with debts estimated at 72 million dollars. This is a debt figure from the bankruptcy filing itself, not an asset valuation or a total for the ministry's peak era holdings, and it postdates Bakker's own leadership. 4
Basis of the Wealth FigureSourced to the subject's own account
Journalistic or Scholarly Estimate 4
Financial Disclosure RegimeSourced to the subject's own account
PTL operated as a tax exempt religious broadcasting ministry, a status that owed no routine public Form 990 disclosure as a church. What reached the public record instead came through investigative journalism, chiefly the Charlotte Observer's Pulitzer Prize winning coverage of financial misuse at the ministry, and through the 1987 Chapter 11 bankruptcy filing itself once the scandal forced Jim Bakker's resignation, not through any standing financial disclosure regime PTL observed on its own. 4
Wealth Figure As Of YearSourced to the subject's own account
1987 4
Origins
Origin PeriodSourced to the subject's own account
from 1974 1
FounderSourced to the subject's own account
Jim Bakker and Tammy Faye Bakker, 1974, after both had earlier worked at Pat Robertson's Christian Broadcasting Network. 1
FoundedSourced to the subject's own account
Founded in Charlotte, North Carolina, in 1974, by the Bakkers, drawing on broadcasting experience both had gained at CBN. By 1978 the program reached an estimated 13,000,000 viewers. 1
Organisation
Notable MemberSourced to the subject's own account
Jim Bakker and Tammy Faye Bakker, founders and hosts; Richard Dortch, an executive later convicted alongside Jim Bakker. 1
Institution FoundedSourced to the subject's own account
The PTL Satellite Network, a cable platform carrying the program nationally; Heritage USA, a Christian theme park and residential and retreat complex in Fort Mill, South Carolina. 1
Governing BodySourced to the subject's own account
Heritage Village Church and Missionary Fellowship, Inc., the ministry's nonprofit parent. Bakker turned control of the organization over to fellow broadcaster Jerry Falwell upon his 1987 resignation. 1
History
Notable Moment
Between 1984 and 1987, PTL sold more than 400,000,000 dollars in Heritage USA "lifetime partnerships," entitling buyers to annual hotel stays, though only one 500 room hotel was ever completed and far more partnerships were sold than the finished facility could accommodate. 2
Notable Moment
Jim Bakker's resignation on March 19, 1987, after acknowledging a 1980 sexual encounter with church secretary Jessica Hahn, followed by the disclosure of the Heritage USA lifetime partnership sales and the 1989 federal fraud conviction. 2
Status
Legal Status
The Heritage USA lifetime partnership sales became the basis of the 1989 federal fraud conviction against Jim Bakker in the United States District Court for the Western District of North Carolina, on 24 counts of mail fraud, wire fraud and conspiracy. Heritage USA closed in 1989 amid the organization's collapse. 3
Current StatusSourced to the subject's own account
No longer broadcasting under this name. Heritage USA closed in 1989 following the scandal and the organization's bankruptcy; the site was later sold and largely demolished. 1
Learn More
Heritage USA: a Christian Theme Park Built on Television

Jim and Tammy Faye Bakker founded the PTL Club in Charlotte, North Carolina, in 1974, after both had worked at Pat Robertson's Christian Broadcasting Network and helped launch Trinity Broadcasting Network the year before. The daily program adopted a talk show format built around music, interviews and the Bakkers' own personalities rather than a traditional pulpit sermon, and by 1978 it reached an estimated 13,000,000 viewers, carried nationally through the PTL Satellite Network, one of the first religious broadcasters to make full use of satellite cable distribution.

The ministry's broadcast income funded Heritage USA, a Christian theme park, hotel and residential complex built in Fort Mill, South Carolina, through the late 1970s and 1980s. Heritage USA combined explicitly religious content, a recreated upper room and passion play, with the amusements of a secular resort, water slides, a shopping promenade and hotel accommodations, and at its peak drew millions of visitors a year, ranking among the most visited theme parks in the United States, a scale achieved almost entirely on the strength of PTL's television audience rather than any single physical draw.

The organization's legal name was Heritage Village Church and Missionary Fellowship, Inc., the nonprofit parent both of the broadcast ministry and of the Heritage USA complex it funded.

The Lifetime Partnership That Sold More Rooms Than Existed

Between 1984 and 1987, PTL sold Heritage USA "lifetime partnerships," a one time payment of about 1,000 dollars that entitled the buyer to a three night annual stay at a planned luxury hotel on the grounds. The United States Postal Inspection Service's own history of the case describes the mechanism plainly: PTL sold tens of thousands of partnerships, raising more than 400,000,000 dollars, while only one 500 room hotel was ever built, far too few rooms to honor the stays already promised, let alone the ones still being sold.

The gap between promised capacity and built capacity became the core of the federal fraud case against Jim Bakker, who resigned from PTL on March 19, 1987, amid the unrelated disclosure of a payment to church secretary Jessica Hahn. Investigators found that partnership revenue had been used for operating costs and personal expenses rather than solely for the additional construction the sales were represented as funding. Bakker was convicted in 1989 on all 24 federal counts of mail fraud, wire fraud and conspiracy connected to the scheme; the convictions were upheld on appeal in 1991, though his sentence was reduced.

PTL entered bankruptcy proceedings following the scandal, and control of Heritage Village Church passed to fellow broadcaster Jerry Falwell. Heritage USA closed in 1989 and was later sold and largely demolished; the PTL Club ceased broadcasting under that name.

Cross-Tradition Connections

Associated With

Source Jim Bakker (Wikipedia)Wikipedia contributors
Source Jim Bakker (Wikipedia)Wikipedia contributors

This source names PTL Club directly: "It is distinct from the separately named PTL Club that Jim and Tammy Bakker founded after leaving TBN within the year; TBN's own program kept the Praise the Lord name for over four decades before..."

Belongs to Tradition

Source Jim Bakker (Wikipedia)Wikipedia contributors

Founded By

Co-founded the PTL Club in 1974.

Source Jim Bakker (Wikipedia)Wikipedia contributors

Co-founded the PTL Club in 1974.

Source Jim Bakker (Wikipedia)Wikipedia contributors

Members

Source Jim Bakker (Wikipedia)Wikipedia contributors
Source Jim Bakker (Wikipedia)Wikipedia contributors
Sources
1. Jim Bakker (Wikipedia)
Wikipedia contributors, Wikipedia, 2026View the Source
2. Heritage USA Fraud (United States Postal Inspection Service)
United States Postal Inspection Service, United States Postal Inspection Service, 2026View the Source
3. Jim Bakker's Fraud Convictions Upheld (Church Law and Tax)
Church Law and Tax editorial staff, Christianity Today / Church Law and Tax, 2026View the Source
4. PTL Accuses Builder of Conspiracy (Washington Post, 1987)
The Washington Post
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