The Word of Faith movement or word-faith theology developed in the latter half of the 20th century in mainly Pentecostal and Charismatic churches. Its beginnings trace back to an early twentieth century evangelical pastor, E.W. Kenyon (1867-1948), who preached that God would award financial and other gifts if the faithful would ask. Kenyon coined the phrase, "What I confess, I possess." Kenneth E. Hagin is often credited with being the father of the modern Word of Faith movement, using a four-part formula he claimed to have received from Jesus: "Say it; do it; receive it; tell it."