Top

Crystal Cathedral

March 12, 2012 by · Comments Off on Crystal Cathedral 

Crystal Cathedral, The Crystal Cathedral’s senior pastor announced Sunday that she was leaving to start a new church, a move that appears likely to split the congregation.

“This is the last Sunday we will be worshiping in this building,” Pastor Sheila Schuller Coleman told congregants during an emotional 11 a.m. service in the 10,000-pane glass cathedral, designed by architect Phillip Johnson.

Schuller Coleman’s announcement came one day after her parents, church founder Robert H. Schuller and his wife, Arvella Schuller, resigned from the Crystal Cathedral’s board of directors, which oversees the ministry’s trademark “Hour of Power” broadcast. The future of the show and the bankrupt Crystal Cathedral Ministries is unclear.

Schuller Coleman said she was leaving because of her family’s “adversarial” relationship with the board. She pointed to the recent firings of her sister and brother-in-law, Jim Penner, who served as the executive producer of “Hour of Power” since 1999.

Crystal Cathedral Bankruptcy

November 18, 2011 by · Comments Off on Crystal Cathedral Bankruptcy 

Crystal Cathedral Bankruptcy, A bankruptcy judge chose the Roman Catholic Diocese of Orange as the buyer of the bankrupt Crystal Cathedral for $57.5 million. The decision came after a bidding war between Chapman University and the Diocese.

Judge Robert Kwan made the decision around 7 o’clock Thursday night after an emotional hearing in Santa Ana.

The other bidder — Chapman University — had offered to buy the 40-acre campus at $59 million.

That’s almost $2 million more than what was offered by the Roman Catholic Diocese of Orange.

Chapman had originally bid $51.5 million, but upped the offer to $59 million, excluding a buyback option and right-of-first refusal for the cathedral’s core buildings.

It would have allowed the church to continue its “Hour of Power” broadcasts from the facility.

The church also would have allowed the lease back of the Tower of Hope, among other parts of the campus, for $25,000 per month.

In addition, Chapman offered the ministry access to all the buildings seven days a week, except for the cathedral.

Under the earlier $51.5 million plan, Chapman was willing to offer the core buildings, including the cathedral, the Tower of Hope, Memorial Gardens and Arboretum for a $1 per month lease.

The church would have also had the right of first refusal.

Bottom