Chick-fil-A Stops Support for Fellowship of Christian Athletes

Timothy Plan Founder Art Ally: ‘Biblically Responsible Investing and Spending is a Cultural Necessity’ Decries end of funding for Christian Athletes

Christian Athletes

skeeze / Pixabay

ORLANDO, Fla.—Timothy Plan founder Art Ally released the following statement today regarding Chick-fil-A and its recent announcement about the future giving priorities of the Chick-fil-A Foundation.

Get The Full Warren Buffett Series in PDF

Get the entire 10-part series on Warren Buffett in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q3 2019 hedge fund letters, conferences and more

“At first blush, I am very disappointed in Chick-fil-A, which, for whatever reason, chose to stop its longstanding financial support of the Salvation Army and Fellowship of Christian Athletes—two of the most effective ministries in our nation—and, instead, is redirecting its charitable giving to more politically correct organizations,” Ally said. “In doing so, Chick-fil-A has betrayed millions of Christ followers across America who have wrongly been labeled ‘haters’ by LGBTQ activists.

Why Chick-Fil-A ended support for Christian athletes

Chick-fil-A has apparently turned its back on the very group of loyal customers who have stood by them and helped make them the No. 3 fast-food restaurant chain in the nation. These consumers may choose to spend their money elsewhere, as they did by boycotting Starbucks and Target, which cost those corporations billions of dollars. Biblically responsible investing and spending is a cultural necessity. We hope that Chick-fil-A executives will reverse course before it’s too late.”

Do you think that Chick-Fil-A will appease the radical activists or will this encourage them more? What would you do if you were a top exec at Chick-Fil-A? Tell us in the comments section.

For 25 years, Timothy Plan has helped people as they strive to achieve their financial goals while investing in a morally responsible manner. Timothy Plan, for example, does not invest in those companies that support abortion or have other agendas contrary to the teachings of Scripture—or that are actively participating in activities that may prove destructive to our communities-at-large.



About the Author

Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver