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"
Unification movement participation in world affairs independent of the People's Republic of China. Taiwan's president, Ma Ying-jeou, spoke at the event. The WFWP has also been active in sponsoring various local charity and community events. "Service For Peace (SFP)" is a non-profit organization, founded in 2002 by the Unification Church leader Sun Myung Moon, to give opportunities to young people who wish to better themselves and their communities. As of April 2007, the organization had established chapters in North America, Central America, Caribbean, Europe, Asia, Africa and Oceania. SFP is active in communities and statewide. Colleges have recruited Service for Peace Campus