LDS, Inc is about $$$ plain and simple.
I disagree here. Certainly there are plenty of funds required to support the church’s worldwide mission, but those funds are a means to an end.
The church does have employees, of course, but I don’t think you will find individuals getting exorbitantly rich from church funds.
I disagree here. Certainly there are plenty of funds required to support the church’s worldwide mission, but those funds are a means to an end. Like 4 Billion for a downtown shopping district in SLC? The apostles and president - all sit on various boards of businesses (owned and operated by mormons) and receive 6 figure salaries. How many boards did the apostle Peter sit on Norm? If this is the model of the early church, why did it get left out? How many tents has Monson sewn lately?
Can you explain the billions of $$ in assets....The shopping malls, the hotels, the huge ranches?
Can you also explain the giving in the low millions...when LDS, Inc has reportedly in the range of 30-60 BILLION in assets....?
May I remind you that....ONE BILLION is 1,000 MILLION!!....So that extrapolates to 30,000 to 60,000 MILLION dollars.
You throw out that your church has employee's? Do you realize how much your church taps their members to do free work?
Do YOU realize....the people in LDS, Inc...that ARE making large amounts of money...based on the LDS, Inc....businesses?
Do you realize that certain bishops are listed as owners of LARGE tracts of land?
Normandy.....do some research with an open mind, my FRiend.
LDS, Inc is about $$$ plain and simple. I disagree here. Certainly there are plenty of funds required to support the church’s worldwide mission, but those funds are a means to an end.
This looks like a good place to remind folks that the leadership of the mormon church consists mainly of men whose expertise is in business and commerce, NOT in Theology.
Council on the Disposition of the Tithes
From Wikipedia, the free encyclopedia
While the Church employs an independent auditing department which provides an annual report to the Church[1], it has not published full financial reports since 1959.
The Council was established by church founder Joseph Smith, Jr. on 8 July 1838.[2] As of April 2009, the members of the Council are:
- Thomas S. Monson, President of the Church University of Utah. BA Business management
- Henry B. Eyring, First Counselor in the First Presidency Doctorate in Business Administration, Harvard Business School
- Dieter F. Uchtdorf, Second Counselor in the First Presidency started studying engineering at 18 but later continued in Business Administration in Cologne, Germany, graduated from the International Institute for Management Development,Lausanne, Switzerland.
- H. David Burton, Presiding Bishop University of Utah, BA economics, MA Business Administration from the University of Michigan
- Richard C. Edgley, First Counselor in the Presiding Bishopric BS, political science from Brigham Young University, MA business administration from Indiana University
- Keith B. McMullin, Second Counselor in the Presiding Bishopric ??
- Boyd K. Packer, President of the Quorum of the Twelve Apostles Doctorate in educational administration from BYU, 1962
- L. Tom Perry, Member, Quorum of the Twelve Apostles Graduated from Utah State University in 1949 with a B.S. in business.
- Russell M. Nelson, Member, Quorum of the Twelve Apostles Medical Doctor with specialty as Cardiac Surgeon.
- Dallin H. Oaks, Member, Quorum of the Twelve Apostles Brigham Young University in accounting in 1954, and the University of Chicago Law School in 1957.
- M. Russell Ballard, Member, Quorum of the Twelve Apostles Prior to his call as a full-time Church leader, Elder Ballard had interests in the automotive, real estate, and investment businesses.
- Richard G. Scott, Member, Quorum of the Twelve Apostles George Washington University, BS in Mechanical Engineering.
- Robert D. Hales, Member, Quorum of the Twelve Apostles received degrees from the University of Utah and Harvard Business School.
- Jeffrey R. Holland, Member, Quorum of the Twelve Apostles MA in Religious Education from BYU. Yale University, Ph.D in American Studies
- David A. Bednar, Member, Quorum of the Twelve Apostles BA in communication, MA BYU in organizational communication, Doctorate in organizational behavior from Purdue University
- Quentin L. Cook, Member, Quorum of the Twelve Apostles Utah State University , BA in political science, Stanford Law School
- D. Todd Christofferson, Member, Quorum of the Twelve Apostles BA from Brigham Young University, J.D. Duke University School of Law
- Neil L. Andersen, Member, Quorum of the Twelve Apostles MBA degree, Harvard Business School.
Also, the mormon church is a "corporation sole"