Hobby Lobby President Steve Green has received the National Bible Association's John M. Templeton Biblical Values Award, which is given to a business leader who exemplifies biblical values in the marketplace.
Green was recognized at the association's annual awards luncheon at the Union League Club in New York. As part of the award, the group donated $25,000 to the nonprofit Museum of the Bible, which is being planned for Washington, D.C.
“Biblical values are at the core of Hobby Lobby's business — from closing stores on Sundays to defending religious liberty. The bar has been set high for Biblical values in the workplace,” National Bible Association President Richard Glickstein said in a news release. “Steve is an outstanding example for business leaders across the country, and we are grateful for his exemplary spiritual values and his continued commitment to the Bible.”
The man for whom the award is named, integrated work and his Christian faith, the release noted. By using his investing talents to help ordinary people and practicing Biblical values in the marketplace, Templeton serves as a model to business executives of faith.
“It is truly an honor to receive the prestigious Templeton award,” Green said in the release. “I am humbled to join the ranks of other leaders who are committed to the Bible to guide their spiritual and religious beliefs as well as their business.”
Nearly half of Oklahoma City-based Hobby Lobby's annual profits are donated based on Biblical principles and for the promotion and reading of the Bible, the news release said. These donations have allowed Hobby Lobby to acquire one of the world's largest private collections of Bibles and biblical artifacts, a collection that will be housed in a 50,000-square-foot Bible museum opening in Washington in the near future. Green has been at the forefront of this project since its beginning in 2009.
Previous Templeton Award honorees included Bonnie McElveen-Hunter, chairman of the American Red Cross, founder and president of Pace Communications and former ambassador to Finland; and Thomas Haggai, chairman of IGA Inc.
John M. Templeton Jr. is chairman of the National Bible Association and is also chairman of the Templeton Foundation.