Bill Hwang – Tag – MinistryWatch
Downgrades for Trail Life USA; Upgrades for The Roys Report and Score International
We covet your prayers here at MinistryWatch as we continue our mission advocating for transparency among Christian ministries so you, the donor, can be faithful stewards of the resources God has given to you. That ...
Other former staff seek to recoup millions from ex-billionaire philanthropist
The hard task of discerning victims from victimizers continues post-verdict in a fraud case that shook two typically unrelated worlds—Wall Street and Christian ministry. In late January, two former Archegos Capital Management leaders withdrew their ...
EDITOR’S NOTE: From time to time we will publish letters and emails we get from readers, sometimes with a response, sometimes without comment. If you would like to share your thoughts about any of our ...
Ratings Drop for Operation Blessing; Rise for Advancing Native Missions, Audio Scripture Ministries
This week we published our annual list of Shining Lights. These are ministries that scored the highest possible ratings in all three categories MinistryWatch evaluates: Transparency, Financial Efficiency, and Donor Confidence. We hope you will ...
Bill Hwang’s ‘age and good works’ considered mitigating factors
Archegos founder Bill Hwang, formerly one of the wealthiest Evangelical philanthropists, will spend 18 years in prison for business practices that led to more than $10 billion in losses to Wall Street banks in March ...
Ratings Drop for Bushnell University, Bryan College, Campbellsville University; Ratings Rise for Calvary University, Child Bridge, Children’s Shelter of Cebu
MinistryWatch Database Changes MinistryWatch now has more than 1,000 ministries in its database. These ministries represent more than $44 billion in total revenue, most of that donor revenue from evangelicals. The following ministries have their ...
Hwang also faces lawsuit against his philanthropic foundation
Once one of the wealthiest evangelicals in the U.S., celebrated as part of a “new evangelical donor-class,” Sun Kook (“Bill”) Hwang now faces the possibility of life behind bars.
Bill Hwang’s much-anticipated Wall Street fraud trial begins in Manhattan.
Billionaire trader and philanthropist Bill Hwang appeared in court to answer for his role in a high-stakes Wall Street meltdown that saw several large banks lose billions in days.
So far, most of the coverage by mainstream news outlets of The King’s College’s financial woes has oddly focused on King’s past donors such as Bill Hwang, the DeVos family and interim president Stockwell Day. ...
The King’s College, a Christian college in New York City, announced in an email to parents on Feb. 6 that it was experiencing a “funding shortfall of approximately $2.6 million for the spring semester.”
