$110 million; by 1996, this had decreased to $40 million. In 1994, Sun Myung Moon's Women's Federation for World Peace funneled $3.5 million to Liberty University.
=== Modern history ===
In 2004, Liberty University named its School of Government for Jesse Helms, a former U.S. senator from North Carolina and a Falwell family friend.
In 2005, Barron's Profiles of American Colleges ranked undergraduate admission to LU as "competitive", its fourth-highest of six ranks. When high-speed Internet connections became more widespread around 2005, Liberty began to offer online courses to a larger adult population.
After Falwell Sr. died in 2007, his son Jerry Falwell Jr. became the university's second chancellor and fourth president. At the time, the university listed $259 million in assets.
Liberty University Online Academy was formed in 2007, serving 23 students.
In 2009, Liberty University withdrew official recognition of the student Young Democrats club, saying that the club's political positions, including support …
