The Ensign Peak Advisors controversy centers on the Church of Jesus Christ of Latter-day Saints, or rather the Corporation of the President of the Church of Jesus Christ of Latter-day Saints, doing business as The Church of Jesus Christ of Latter-day Saints, using a tax-exempt investment fund to manage hundreds of billions of dollars derived …
Tag Archives: 60 Minutes
Donated Tithing Funds vs Earnings on Invested Tithing
The church repeatedly states that no tithing money is used for its business purposes, like funding the City Creek Center or bailout money for church-owned insurance company, Beneficial Life. The church is surprisingly secretive about finances and has not publicly disclosed any financial statements in the United States since 1959, that’s 65 years and counting. The …
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The Mormon-Canadian-BYU Billion Dollar Tithing Funnel
![The church is taking away the government's ability to fund health care, and education, and provide other essential services. They've done it at the expense of taxpayer dollars. There's definitely been a change in [my] perspective. The church teaches that the temple should always be a focal point in your life. The temple has become a physical reminder of greed for me. - Nigel Kennet, a Canadian accountant, was working on the books of a church of a different faith, when he saw how much their members gave to charity. So, he looked into the Mormon's books, and was stunned by where their donations were going. - The Fifth Estate, October 27, 2022 | wasmormon.org](https://i0.wp.com/wasmormon.org/wp-content/uploads/2024/04/canada-5th-estate-Nigel-Kennet-church-taking-away-government-ability-to-fund-essential-services-temple-has-become-a-reminder-of-greed.jpg?fit=1200%2C1200&ssl=1)
Investigation reveals more than $1 billion raised by the Mormon church in Canada has been funneled to the U.S. rather than going to charitable works in this country. We hear from former members in Canada and elsewhere who say concerns about how money is spent have led them to leave the church. – The Fifth …
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Mormon Church Ripping off Millions of Dollars from Australia
![“Accusations of lightening the pockets of the Australian tax office by 400 million dollars. The church's members claim very generous tax benefits, while other religions in Australia go without. It's alleged the Mormon books are actually being cooked in a massive tax dodge. Handed out on doorsteps around the world, [The Book of Mormon] promises to answer all of life's great questions. But we're throwing open a set of books the Mormons would rather nobody reads – their financial books.” - Mormon Church Accused of Ripping Off Taxpayers by Millions, 60 Minutes Australia | wasmormon.org](https://i0.wp.com/wasmormon.org/wp-content/uploads/2024/03/60-Minutes-Australia-cooking-the-book-of-mormon.jpg?fit=1200%2C1200&ssl=1)
The Mormon church wants everyone to read the Book of Mormon, but it will do nearly anything to keep anyone from reading their financial books. 60 Minutes Australia did some investigative reporting and alleges that the Mormon church is ripping off hundreds of millions of dollars from the Australian government in tax evasion. In many …
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Will the Church Ever Have Sufficient To Stop Requiring Tithing?
Is tithing a forever part of the Mormon church? Or will there be a day when it will have enough funds in the bank and in the “rainy day fund” that it will direct members that it is no longer required to enter the temple? Will the church go as far as to ask members …
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Gordon B. Hinckley 2001 Larry King Live Interview
Just days after the September 11th bombings, Larry King Live had a special program reflecting and reporting on the terrorist attacks. He invited LDS Church President, Gordon B. Hinckley to appear again and speak to the nation still reeling from the attack. This was a follow-up to the interview Hinckley did a few years earlier …
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Hinckley’s “I Don’t Know That We Teach It” Interview
A famous saying within the Church states, “As man is now, God once was; as God is now, man may be.” This couplet, originating from Joseph Smith’s King Follet discourse, was popularized by the fifth Church President Lorenzo Snow. Time Magazine published an article about Mormons and asked President Gordon B Hinckley about this concept …
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President Gordon B Hinckley Interview with San Francisco Chronicle
Gordon B Hinckley, then church president, was interviewed by Don Lattin on April 13, 1997 for SFGate, the digital home of the San Francisco Chronicle. The interview was in his room at the Santa Clara Marriott Hotel, just before he delivered an address to the World Forum of Silicon Valley. Here is the transcript of the interview as reported …
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Men Of Their Times
Church leaders assert that they directly follow God’s guidance, exempting themselves from apologies and social pressure, like for example addressing racism within church doctrine and culture. Apologists claim that church leaders are merely “men of their times” and can’t be judged by today’s standards. These two ideas don’t work together. Either the leaders are led …
Gordon B Hinckley on Larry King Live | Interview Transcript 1998
Transcript of Larry King Live: Gordon Hinckley – Distinguished Religious Leader of the Mormons. Remember that time Hinckley was on Larry King in 1998? Looking back at the transcript, he said quite a few surprising things on air. Hinckley claimed that when people think of Mormons when polygamy is mentioned, they do it “mistakenly” and …
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You Haven’t Thought About It Long Enough
![Hinckley: We know [heaven] is there. We have an assurance of that. Wallace: There’s a lot of us that don’t. Hinckley: Yeah, I know that. But you could. Wallace: I’ve thought about it. I’ve not been able to persuade myself. Hinckley: Well, you haven’t thought about it long enough. - LDS Church President Gordon B. Hinckley on 60 Minutes | wasmormon.org](https://i0.wp.com/wasmormon.org/wp-content/uploads/2023/09/hinckley-60-minutes-havent-thought-about-it-long-enough.jpg?fit=1200%2C1200&ssl=1)
The only logical explanation (even in jest) that people don’t believe in or join the church is because they haven’t thought about it long enough. They haven’t thought about it hard enough. This is a coy remark from President Hinckley during his 60 Minutes interview. Mike Wallace asks about heaven and states that many people …
60 Minutes: Gordon B. Hinckley Interview Transcript
The following is the transcript of the interview with Gordon B Hinckley, LDS Church President, Bill Marriott, Marriott Executive, Orrin Hatch, Utah Senator, Steve Young, Professional Football Player and an unnamed BYU Student. The original segment aired on April 7, 1996.
![Hinckley: We know [heaven] is there. We have an assurance of that. Wallace: There’s a lot of us that don’t. Hinckley: Yeah, I know that. But you could. Wallace: I’ve thought about it. I’ve not been able to persuade myself. Hinckley: Well, you haven’t thought about it long enough. - LDS Church President Gordon B. Hinckley on 60 Minutes | wasmormon.org](https://i0.wp.com/wasmormon.org/wp-content/uploads/2023/09/hinckley-60-minutes-havent-thought-about-it-long-enough.jpg?fit=640%2C640&ssl=1)
Where Does Mormon Tithing Go? Read the Fine Print
The short answer is we don’t know. We can’t know where tithing goes for sure because the church doesn’t and won’t share that information. This is despite the fact that church president Gordon B Hinckley stated when asked why the church wasn’t transparent as is required in many countries. He said that that information belongs …
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Mormon Excuses for Zero Financial Transparency
The Mormon church is famously secretive (or confidential) with it’s financial disclosures. They say as little as possible about it and are even known to hide money from the IRS and SEC in filing the required tax forms illegally. They’ve been busted by a whistleblower recently and the SEC came looking – they were able …
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Elder Anderson claims “We Are Not a Wealthy People”
Elder Andersen met with the leaders of Zimbabwe and he said the significance of the meeting with Vice President Mohadi was to “express to him our desire to help improve Zimbabwe.” He noted that Vice President Mohadi had made a specific request for support with the development of clean-water wells in more remote areas of …
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Mormon Church Relatively Meager Humanitarian Efforts
The church brags about how much they give and donate to humanitarian efforts and welfare. But on the other hand, they do their best to hide how much they don’t give. They have hundreds of billions of dollars siphoned from tithing donations, which they invest and use to purchase real estate and operate their for-profit …
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Whistleblower News Prompts Vacant Responses from LDS Corp
The popular news program 60 Minutes released a segment on its program discussing the obscene wealth of the church and the whistleblower complaint filed by David Nielsen. His complaint alleges that the Mormon Church claims to behave as a non-profit charity, but in reality, is a for-profit corporation pursuing investments and investments. The church never …
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60 Minutes Transcript: Whistleblower David Nielsen Speaks Out After Reporting the Mormon Church to IRS in 2019
The show 60 Minutes broadcast a segment about the Mormon Billions. Sharyn Alfonsi follows up with whistleblower David Nielsen who resigned from his position at Ensign Peak Advisors and wrote the whistleblower report in 2019. Since then, the Mormon church has been fined 5 million dollars by the SEC for illegal filing practices, but Nielsen …
Whistleblowing On the Mormon 100 Billion “Rainy-Day Fund”
David Nielsen, a former Ensign Peak portfolio manager, shared with his twin brother Lars about the shady practices and massive amounts of money the Mormon church, or the Church of Jesus Christ of Latter-day Saints have in investments. Together the brothers compiled information and reported it to the authorities at the SEC (Securities Exchange Commission) …
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