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 …

“So there is no misunderstanding, I emphasize that none of that money comes from the tithing of faithful members. That is not how we use tithing funds.” - Presiding Bishop H. David Burton | October 8, 2003 Press Conference Announcing Church strategy to revitalize downtown Salt Lake City | wasmormon.org
“So there is no misunderstanding, I emphasize that none of that money comes from the tithing of faithful members. That is not how we use tithing funds.” - Presiding Bishop H. David Burton | October 8, 2003 Press Conference Announcing Church strategy to revitalize downtown Salt Lake City

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 …

Mormon Church is Corporate – The Corporation of the President of The Church of Jesus Christ of Latter-day Saints

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 …

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) …