Price, Frederick K. C.

Price, Frederick K. C. (1932-) One of the more brazen proponents of *PROSPERITY THEOLOGY, the notion that God will bless believers with affluence, Frederick K. C. Price was born in Santa Monica, California, and reared as a Jehovah’s Witness. He was converted to evangelical Christianity in 1953 and entered the ministry two years later, affiliating with a succession of denominations: Baptist, African Methodist Episcopal, Presbyterian, and *CHRISTIAN AND MISSIONARY ALLIANCE. Price’s Spirit *BAPTISM in 1970, however, set him on a denominationally independent course. He founded Crenshaw Christian Center in 1973, which now occupies the former campus of Pepperdine University in Los Angeles. The congregation is multiracial and numbers well above ten thousand. Price, an African-American, broadcasts his *PROSPERITY THEOLOGY nationwide with a television program called Ever Increasing Faith, begun in 1978. He is unabashed about the pursuit of wealth as a sign of God’s blessing and does not shy away from ostentatious displays himself.- Source: Encyclopedia of Evangelicalism, Randall Balmer, Baylor University Press, Waco, TX. 2004. Page 557
Fred Price is the most notable of a growing number of black prosperity preachers. His church in Los Angeles now claims some 16,000 members. He is seen nationally on television and has referred to himself as the “chief exponent of Name It and Claim It.”33 Price has added his own unique twists to Faith theology by asserting that Jesus took on the nature of Satan prior to the crucifixion34 and by claiming that the Lord’s Prayer is not for Christians today.35 Despite telling his followers that he doesn’t allow sickness in his home, Price’s wife has been treated for cancer in her pelvic area.36 Referring to his wealth, Price says the reason he drives a Rolls Royce is that he is following in Jesus’ steps.37- Source: What’s wrong with the faith movement, Hank Hanegraaff, Christian Research Journal, volume 15, number 3 (1993)Footnotes:33) Frederick K. C. Price, “Name It and Claim It! What Saith the WORD? . . ,” Ever Increasing Faith Messenger, Summer 1989, 2.34) Frederick K. C. Price, “Identification #3″ (Inglewood, CA: Ever Increasing Faith Ministries, 1980), audio tape #FP545, side 1.35) Frederick K. C. Price, personal correspondence, 14 October 1992.36) Pat Hays, “Betty Price Speaks at 1991 ‘Wisdom from Above’ Luncheon,” Ever Increasing Faith Messenger, Winter 1992,12-13.37) Frederick K. C. Price, Ever Increasing Faith (television program), TBN, 9 December 1990, available from Crenshaw Christian Center, Inglewood, CA (audio tape #CR-A2).