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 …

Stop Paying Tithing and Challenge the Tax Exemption Status of the Mormon Church

Tax time in the US and as people are leaving the church, they are receiving real blessings. In many countries, donating money to a charitable organization is tax deductible, meaning this decreases your taxable income. This is a perk to tithing for some people, it can save you some money on your taxes, though not …

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) …

That information belongs to those who made the Contribution

In an interview President Gordon B Hinckley explains that the reason the church is not open about their finances is because they think “that information belongs to those who made the contribution”. REPORTER: In my country, the…we say the people’s churches, the protestants, the catholics, they publish all their budgets, to all the public. HINCKLEY: …