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Crystal Cathedral picks university as “preferred buyer” in bankruptcy sale
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Dr. Robert H. Schuller’s famed Crystal Cathedral will be sold to nearby Chapman University if the church’s board has its way. Under the plan, Chapman University would purchase the Cathedral and surrounding buildings for $50 million. However, it would allow the church to continue to use the Cathedral itself — and eventually buy it back, reports Nicole Santa Cruz, in the Los…
Orange County Register: Crystal Cathedral $50 million fundraiser nets $4,737
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A $50 million fundraising drive to spare Dr. Robert Schuller’s Crystal Cathedral from the auction block has fallen short. A month after announcing a “miracle faith” campaign to raise the millions owed to creditors, the congregation has collected $4,737. “That figure, the total raised as of August 31, was buried in a report filed last week…
LA Times: Creditors say they’ll sue if Crystal Cathedral balks at selling their building
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If the financially-troubled Crystal Cathedral’s board refuses to sell their 35-acre complex and landmark church building as part of on-going bankruptcy proceedings, creditors have told a local court they will sue. Prospective buyers include the Orange County Diocese of the Roman Catholic Church and the Disciples of Christ-affiliated Chapman University. Both have made — and now increased — multi-million-dollar offers to buy the iconic symbol of Dr.…
Crystal Cathedral denies removing founder Robert H. Schuller from board
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A Crystal Cathedral spokesman on Monday denied reports that the church’s founder, Robert H. Schuller, has been voted off the board of directors. “He was not voted off the board,” said spokesman John Charles of the Garden Grove, church spokesman. “He is still board chairman emeritus.” However, he will no longer have a vote. The church released its…
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