Obama’s Former Pastor Getting $1.6M Home in Retirement

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The four- bedroom, 10,000-plus square foot home that Trinity United Church of Christ is building for Reverend Jeremiah Wright. (FNC Photo)

By Jeff Goldblatt

This was supposed to be the week that the Rev. Jeremiah Wright Jr. returned to the pulpit to preach for the first time since his anti-American sermons generated nationwide outrage and drew condemnation from his longtime parishioner, Barack Obama.

But, citing security concerns, Wright canceled his speaking engagements in Florida and Texas. A spokeswoman at his former church in Chicago said his schedule is pending.

A two-week FOX News investigation, however, has uncovered where Wright will be spending a good deal of his time in retirement, and it is a far cry from the impoverished Chicago streets where the preacher led his ministry for 36 years.

FOX News has uncovered documents that indicate Wright is about to move to a 10,340-square-foot, four-bedroom home in suburban Chicago, currently under construction in a gated community.

While it is not uncommon for an accomplished clergyman to live in luxury, Wright’s retirement residence is raising some questions.

“Some people think deals like this are hypocritical. Jeremiah Wright himself criticizes people from the pulpit for middle classism, for too much materialism,” said Andrew Walsh, Associate Director of the Leonard E. Greenberg Center for the Study of Religion in Public Life with Trinity College in Hartford, Conn.

“So he’s entitled to be tweaked here. So the question really is, how unusual is this? Somewhat unusual,” he said.

According to documents obtained from the Cook County Register of Deeds, Wright purchased two empty lots in Tinley Park, Ill., from Chicago restaurant chain owner Kenny Lewis for $345,000 in 2004.

Documents show Wright sold the property to his church, Trinity United, in December 2006, with the proceeds going to a living trust shared with his wife, Ramah.

The sale price for the land was just under $308,000, about $40,000 less than Wright’s original purchase two years earlier.

Public records of the sale show Trinity initially obtained a $10 million bank loan to purchase the property and build a new house on the land.

But further investigation with tax and real estate attorneys showed that the church had actually secured a $1.6 million mortgage for the home purchase, and attached a $10 million line of credit, for reasons unspecified in the paperwork.

There is apparently nothing wrong with that, according to non-profit tax expert Jack Siegel of Charity Governance Consulting, who examined public documents FOX News obtained from the Cook County Register of Deeds and the Village of Tinley Park.

“At least looking at it from a public document standpoint, there’s clearly not a problem that jumps out or some sort of wrongdoing,” Siegel said.

Siegel characterizes the transaction as unusual, however, because of the way Wright sold the property to Trinity and the way the deal was financed, with the attached $10 million line of credit.

Because churches are classified as private businesses, Trinity isn’t required to reveal its intended use for the line of credit. Nor, because it’s a non-profit entity, is it required to provide that information to the IRS.

A spokesman for ShoreBank, the Chicago-based financial institution that secured mortgages for the loans, said the deals were aboveboard.

Wright did not respond to repeated calls for comment, and Trinity United refused to discuss the specifics of the home it is building for him and the way the deal was financed.

The church referred FOX News to its denominational headquarters in Cleveland, which provided a statement of support:

“It is customary and appropriate in many Christian denominations, including the United Church of Christ, for local churches to offer housing provisions for retiring clergy, especially in cases where pastors have served long-term pastorates. We support efforts by our 5,700 local churches to ensure that retiring pastors and spouses have continuing housing, adequate pension and health care, as an expression of our continuing appreciation for their years of service. Each local UCC congregation is free to honor a retiring pastor in ways it feels most appropriate to address the needs of that clergyperson’s circumstances,” wrote the Rev. J. Bennett Guess, spokesman for UCC’s national office.

“This is about how these kinds of churches work,” notes Walsh. “These pastors who made big successful churches are real valuable commodities. Is it morally wrong? Well, Protestants don’t have the idea that their religious leaders should live modestly or aesthetically. We’re not talking Buddhist monks or Catholic priests here. There’s no tradition that says they have to live poor.”

Tradition at Trinity United centers on a congregation that’s unashamedly black and unapologetically Christian, according to the church’s website. There are also no apologies from the church for the home it’s building for its former senior pastor, who nurtured a religious empire that grew to have more than 8,000 congregants.

204 Responses to “Obama’s Former Pastor Getting $1.6M Home in Retirement”

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Comment by kerijay

I would like to see the church investigated like the others are being investigated. This is wrong when you preach on the poor. Why does anyone need to retire in a home like this, no sensible person.

His home expenses should be similar to Gore’s, and then we talk about saving energy. Come on people get real.

 
Comment by James M

Enough of all this non-profit B.S. Churches in America should be taxed and only allowed to deduct amounts actually going to charitable purposes. Most churches in America are just businesses, supported by the taxpayers.

 
Comment by Jerry Criner

My Great Grand father was a traveling circuit Preacher, he rode a mule from Church to Church. His only pay was a free meal and maybe a chicken or sometimes produce. Jesus had a stone for a pillow, it seems to me that these guy’s like Rev. Wright ought to read their Bible. The position of pastor is a calling NOT a profession. Anyone can have a profession, only a few get a true calling! I guess Grand Pa would really be surprised with these rich preachers!

 
Comment by marlo

I can’t help but think that if elected Obama will definitely have a place or position in his White House for Wright (officially or unofficially). The prospect of that really scares me. Come on Americans vote Hillary or McCain.

 
Comment by Tony

I don’t think Wright is neither wrong nor hypocritical. He preaches the religion of politics’ and that’s par for the course. He is a leader of Marxist ideas and just like Russia or Cuba the hierarchy of the party lives very well and often “king like” so this mansion of reward is acceptable given the organization he or others like him lead.

You can’t judge his “Church” from a traditional sense but “it is what it is”…..the problem really is they “pretend to be” a traditional church. If you are spreading hate speak against another skin color or ethnic group isn’t that racism? …..”It is what it is”…..

 
Comment by Fran Pannone

How about using this money for the poor black people

 
Comment by Dave Berlin

Is Rev. Wright a racist minister or a well compensated entertainer playing to the crowd like many famous preachers both white and black before him?

 
Comment by Richard Matthews

The time has come to start taxing churches as businesses!

 
Comment by Richard

You supporters of Rev. Wright to his lavish life style are totally missing the point arguing that he is not the one running for President. The Rev. Wright has pandered to his congregation for years that they are the downtrodden, that America should not be blessed but “should be damned”. The point is - Obama and his wife sat through years of those hate filled messages, with their children, and now he is in the position to possibly be the one most powerful man in the world without condemning a person who has damned the very county he wishes to be President of. That issue alone says enough about Obama for me.

 
Comment by larry

A man is worthy of his hire. Why not have a nice home provided for life’s service. I pastored 28 years by churches that thought a pastor should be poor, now me and my wife have no retiement funds and live on food lines etc. God Bless him. Amen

 

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