Testimony: profit with a purpose
By Alan Barnhart, Barnhart Crane & Rigging
“Alan Barnhart is the CEO of Barnhart Crane and Rigging, one of the largest heavy lifting and heavy transport companies in the world. He and his brother, Eric, have grown the business into a $250 million company with 21 offices across the U.S with an 80-acre headquarters in Memphis, TN. In 1986 they began a partnership and together started a company, benefitting from the reputation and value of the original family business with the blessing of their parents. The Barnhart brothers and their wives determined that they would use future profits from their work for the Kingdom. Immediately,the small family business began to grow.
The first year they were able to invest $50,000 in ministry. By 2000, the company’s giving had risen to $1 million per year. Since 2005, they have given away $1 million a month through GROVE, their corporate giving program with more than $50 million going to ministry work over the past five years. In 2007, they contributed 99% of their ownership interests into an irrevocable charitable trust, effectively giving away their multi-million dollar company to charity.”