What is 'die Bescherung' and what happens?

Giving of gifts in German speaking countries usually on the 24th Dec... Some cult celebration involving a "profit" who apparently died, it seems he is always broke or looking for money so these cult members would have people believe, but, selfishly ... went back to heaven to live as a king.. Oh and his dad is a racist homophobic sociopathic, infanticidal maniac who claims to have made everything... including himself apparently...