The Giving Machines are a charitable initiative by The Church of Jesus Christ of Latter-day Saints. Giving Machines are vending machines that allow people to “purchase” items such as food, clothing, and hygiene products, which are donated directly to those in need through other charities. People can select specific items from the machine, pay for …
Continue reading “LDS Giving Machines: Charitable Fascade GasLighting The World”
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 …
Continue reading “Will the Church Ever Have Sufficient To Stop Requiring Tithing?”
What is the church? The Mormon church is actually a corporate conglomerate. We see that all money belongs to “the church” and “the church” has sole discretion in how to use the funds. What exact entity is this referring to? The church in some sense can mean the building, in some sense, can mean the …
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 …
Continue reading “Mormon Excuses for Zero Financial Transparency”
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 …
Continue reading “Whistleblower News Prompts Vacant Responses from LDS Corp”
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 …
Elder Dallin H. Oaks, previous Justice of the State of Utah Supreme Court, but currently in the First Presidency of the Mormon church, submitted a “testimony” to the Senate Finance Committee Hearing in 2011 regarding the debate on whether charitable deductions should be considered when calculating taxes. In other words, he’s talking about the tax-exempt …
Continue reading “Dallin Oaks Lectures Senate Committee regarding Honesty”
For the past week, the church has been all over the news. Not for something they will want to draw publicity. The U.S. Securities and Exchange Commission announced that the Church has been fined $5 Million for using shell companies to obscure the size of its investment portfolio. On February 21st, the SEC issued a …
Continue reading “LDS Church’s Misstated Filings to SEC Approved by First Presidency”
