Guru Papers

[HERn]

Originally Posted by Renee

I doubt it's a cash stash. It may include many of the meeting halls worldwide?

There is a cash stash. About 18 months ago I did a search of non-profits and LSM was shown to be sitting on a large chunk of cash. It may be in one of my posts as unregistered before I joined. I'm open to correction if I'm wrong. I was wrong about the $100 million figure, I think it was 1-5 million.

[Koinonia]

Originally Posted by HERn

There is a cash stash. About 18 months ago I did a search of non-profits and LSM was shown to be sitting on a large chunk of cash. It may be in one of my posts as unregistered before I joined. I'm open to correction if I'm wrong. I was wrong about the $100 million figure, I think it was 1-5 million.

HERn, you are not that far off. According to LSM's 2014 tax report (which is the most recent accessible, try www.guidestar.org), LSM has total net assets of over $93,000,000. Of that number, over $10,000,000 is in cash and savings accounts.

[TLFisher]

Originally Posted by Koinonia

HERn, you are not that far off. According to LSM's 2014 tax report (which is the most recent accessible, try www.guidestar.org), LSM has total net assets of over $93,000,000. Of that number, over $10,000,000 is in cash and savings accounts.

Curious if tax returns could be indicators if LSM donated money to CRI for publishing "We were wrong"?

Originally Posted by Koinonia

HERn, you are not that far off. According to LSM's 2014 tax report (which is the most recent accessible, try www.guidestar.org), LSM has total net assets of over $93,000,000. Of that number, over $10,000,000 is in cash and savings accounts.

https://en.wikipedia.org/wiki/Harvar..._Public_Health

An LC leader gave $350 million to Harvard, and purchased $200 million in real estate around Harvard Square in Cambridge. Metro Boston has 20 full time workers on the colleges, meeting the students.

[UntoHim]

For some more details:

http://www.bbc.com/news/blogs-china-blog-29234909


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[Koinonia]

Here's a more detailed article on Gerald Chan, the LC billionaire, who is Ronnie Chan's brother and based out of Boston:

https://www.bostonglobe.com/magazine...9oO/story.html

[Freedom]

A year ago, merchants and tenants in Harvard Square were feverishly trying to divine what Chan’s grand plan might be. Denise Jillson, who runs the Harvard Square Business Association, says those worries have largely abated, since Chan’s buying binge hasn’t been followed by any radical changes.

I hate to say it, but I think that whatever it is that Gerald Chan is doing with Harvard Square stinks badly. I don't know his motives, but it seems that whatever his intentions were in buying up all that property likely has something to do with the fact that the FTT-XB center is located at 1299 Massachusetts Avenue in Harvard Square. Coincidence? Me thinks not. And the reason that they started a FTT there is not even a logical one. They started the training extension because apparently WL had expressed desire that there would be a training there in Boston. So I don't think anyone is going to figure out what Gerald Chan's master plan is with that area is. It's likely that it's rooted in an LC plan that defies logic.

Gerald Chan has the right to do whatever he wants with his money, but I sure hate to think that with respect to the LC campus work there near Harvard, that they have deluded themselves into thinking that money can buy them influence or relevance on the campus.

[Koinonia]

Originally Posted by Freedom

I hate to say it, but I think that whatever it is that Gerald Chan is doing with Harvard Square stinks badly. I don't know his motives, but it seems that whatever his intentions were in buying up all that property likely has something to do with the fact that the FTT-XB center is located at 1299 Massachusetts Avenue in Harvard Square. Coincidence? Me thinks not. And the reason that they started a FTT there is not even a logical one. They started the training extension because apparently WL had expressed desire that there would be a training there in Boston. So I don't think anyone is going to figure out what Gerald Chan's master plan is with that area is. It's likely that it's rooted in an LC plan that defies logic.

Gerald Chan has the right to do whatever he wants with his money, but I sure hate to think that with respect to the LC campus work there near Harvard, that they have deluded themselves into thinking that money can buy them influence or relevance on the campus.

Actually, I would expect that Chan would not want his affiliation to the LC known. That wold also explain why he did not sign on to public statements like Titus Chu's and Dong Yulan's quarantine letters, even though he is an LC "coworker." He is from Boston and a graduate of Harvard Medical School.

[aron]

Originally Posted by Freedom

Gerald Chan has the right to do whatever he wants with his money, but I sure hate to think that with respect to the LC campus work there near Harvard, that they have deluded themselves into thinking that money can buy them influence or relevance on the campus.

Originally Posted by Peter Eagan

I have seen this man screaming at the the Lee Shouter Church trainees to "take Harvard." He has given hundreds of millions to that school. He or someone with deep pockets is funding a new Lee Shouter Church building nearby. They have dozens on campus.

It's a free country, and people have a right to donate money as they see fit, in this case Chan to his alma mater. And it's still a free country, for the moment, and people can openly (or quietly) affiliate with whatever religion they want, and participate in gospel outreach.

But given their authoritative nature, and penchant for manipulation and control, so strong that anyone who publicly notices is immediately marked out and expelled, one might ask what he meant by telling the LC cadre (who he's funding) by "take Harvard"? Chan gave to Harvard, and now he wants to take. Okay, take what? Influence and relevance, as Freedom says? Or, legitimacy? Or, given the Living Stream Ministry's oft-stated hunger for "good building material", do they want the bodies and souls of young, naive, and vulnerable college students?