No Paid Ministry
FinancesImage: Thomas S. Monson, LDS Church President.
From the April 2006 General Conference address ‘Our Sacred Priesthood Trust’:[footnote]Our Sacred Priesthood Trust – LDS April 2006 General Conference[/footnote]
I have experienced many opportunities. One occurred 21 years ago, prior to the time when the German Democratic Republic—or East Germany, as it was more commonly known—was freed from Communist rule. I was visiting with the East German state secretary, Minister Gysi. At that time our temple at Freiberg, in East Germany, was under construction, along with two or three meetinghouses. Minister Gysi and I visited on a number of subjects, including our worldwide building program. He then asked, “Why is your church so wealthy that you can afford to build buildings in our country and throughout the world? How do you get your money?”
I answered that the Church is not wealthy but that we follow the ancient biblical principle of tithing, which principle is reemphasized in our modern scripture. I explained also that our Church has no paid ministry and indicated that these were two reasons why we were able to build the buildings then under way, including the beautiful temple at Freiberg.
From a 2014 letter to First Quorum of the 70 addressing living allowance increase:[footnote]First Q70 Living Allowance – Mormon Leaks[/footnote]
In Accordance with approved procedures, the annual General Authority base allowance has been increased from $116,400 to $120,000. This will begin with your paycheck issued on January 10, 2014 (pay period 1).
Detailed information on the t2014 medical benefits and related premiums was sent to you earlier by Deseret Mutual Benefit Administrators.
Crash Course:
How the Mormons Make Money – Bloomberg
LDS Church Finances – Wikipedia
Church Finances, 1947-Style – By Common Consent
What does “unpaid ministry” look like? – Eric Johnson
