Unification movement in debt. In 2005 Sun Myung Moon's son, Kook-jin Moon was appointed chairman of Tongil Group. Among Tongil Group's chief holdings are: The Ilwha Company, which produces ginseng and related products; Ilshin Stone, building materials; and Tongil Heavy Industries, machine parts including hardware for the South Korean military. The Tongil Group funds the Tongil Foundation which supports Unification Church projects including schools and the Little Angels Children’s Folk Ballet of Korea. News World Communications, is an international news media corporation. It was founded in New York City, in 1976, by Sun Myung Moon. Its first two newspapers, "The News World"
Sun Myung Moon Peace Cup. The FIFA itself has funded more than $2m for the Peace Cup since 2003. Moon took a strong stance against racism and racial discrimination. In 1974 he urged Unification Church members to support an African American president of the United States: "We have had enough of white presidents. So, let's this time elect a president from the Negro race. What will you do if I say so? There's no question there. We must never forget that we are brothers and sisters in a huge human family. In any level of community, we must become like a family." In