In this revealing interview, you’ll learn about the founding of the Widow’s Mite Report and its project goals and methods. The conversation takes a deep dive into the Mormon Church’s wealth and how it mishandles funds taken from the poor to fund its massive investment accounts. You’ll hear about whistleblowing within the church, sources used, and why all the secrecy about church investments.
With only six church leaders having full access to Ensign Peak, discover why the church downplays its wealth and only claims to be financially self-reliant. This interview offers eye-opening insights into the LDS Church’s finances and its treatment of the poor.
SEC Order Against Ensign Peak Advisors & The Church of Jesus Christ of Latter-day Saints
If people want to help they can call the Senate finance committee and urge them to take action and have a hearing on this issue.
Senate Finance Committee phone: 202-224-4515
Senate Finance Committee fax: 202-228-0554
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8 Responses
It’s pretty easy to be a huge success when people hand over billions of dollars annually and your organization is tax free.
You are forgetting more billions.
The employee pension plan, which Tommy Monson discontinued in 2014-2015, has over 6 billion in it.
LDS Philanthropies department raises 30-50 million a year for missionary fund! That pays for a lot of the gap between the cost ($1200/monthly) and what young people pay (500/month).
They also raise 20-30 million a year for LDS charities. So EPA or current tithes don’t have to foot the bill.
And finally in 2008-2009 Gordon Himkley laid-off 4000 employees that cleaned buildings, which saved Mormon Inc. 1 billion annually in salaries/benefits.
Jesus of Nazareth was a friend of the poor. He would never sit on billions of dollars when there are so many who go to bed hungry every night. I am going to give my tithing dollars to Mother Theresa where the money will do so good.
Jesus of Nazareth was a friend of the poor. He would never sit on billions of dollars when there are so many who go to bed hungry every night. I am going to give my tithing dollars to Mother Theresa where the money will do some good.
Mother Theresa also has serious allegations against her regarding her work. I would look for the most credible charities you can find to donate to. Good luck!
When John and RFM were debating the parable of the talents I think John really wanted to reference the parable of the rich fool who already had abundance and decides to build even bigger barns instead of sharing.
Luke 12:13-21
D&C 104:15-18 is particularly damming of the Church on this issue.
15 And it is my purpose to provide for my saints, for all things are mine.
16 But it must needs be done in mine own way; and behold this is the way that I, the Lord, have decreed to provide for my saints, that the poor shall be exalted, in that the rich are made low.
17 For the earth is full, and there is enough and to spare; yea, I prepared all things, and have given unto the children of men to be agents unto themselves.
18 Therefore, if any man shall take of the abundance which I have made, and impart not his portion, according to the law of my gospel, unto the poor and the needy, he shall, with the wicked, lift up his eyes in hell, being in torment
I appreciate that Rebecca pointed out that the temples are also “money” to the church in the form of an investment. It also seems to justify their need for a bigger “reserve” as well as a way to get rid of their total dollar holdings.
In some places (I don’t know about all) they purchase residential property and turn it into business property which in and of itself significantly increases the value of the land they purchased at a residential rate. Next speaking in financial terms they are purchasing appreciating assets. Meaning the value will continue to grow just like an investment and real estate seems to grow more stable than other investment options. Also, if you look back in church history the church (or at least more than one of the past prophets) does have the ultimate goal of taking over the country.