Excerpt from ‘Tithing and Charitable Donations’, Church Newsroom: 1 All funds given to the Church by its members are considered sacred. They are voluntary offerings that represent the faith and dedication of members and are used with careful oversight and discretion. They are audited regularly by independent, certified auditors. Excerpt from the June 1980 Ensign, … Read more
Excerpt from the February 8, 2020 Wall Street Journal article, ’The Mormon Church Amassed $100 Billion. It Was the Best-Kept Secret in the Investment World.’: 1 For more than half a century, the Mormon Church quietly built one of the world’s largest investment funds. Almost no one outside the church knew about it. Some of … Read more
Image: Elder Lance Wickman – LDS General Authority Elder Lance Wickman in a 2012 interview speaking about the LDS churches involvement in the California Proposition 8 amendment against marriage equality: [footnote]Elder Wickman – Thoughts on Proposition 8[/footnote] “The first thought that comes to my mind is the shear heroism of our members in California, and others who stood … Read more
In 2012 there was an disclaimer added to the LDS tithing slip which reads “Though reasonable efforts will be made globally to use donations as designated, all donations become the Church’s property and will be used at the Church’s sole discretion to further the Church’s overall mission.” Since 1959 the LDS church has not publicly … Read more