Ensign Peak Advisors Withdrawls, Religious Tax-Exemption, And Lack of Charitable Work

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 …

“We preach tithing to the poor people of the world because the poor people of the world have had cycles of poverty, generation after generation. That same poverty continues from one generation to another, until people pay their tithing.” - President Russell M. Nelson | Special Devotional, Nairobi, Kenya, Monday, April 16, 2018 | wasmormon.org
“We preach tithing to the poor people of the world because the poor people of the world have had cycles of poverty, generation after generation. That same poverty continues from one generation to another, until people pay their tithing.” - President Russell M. Nelson | Special Devotional, Nairobi, Kenya, Monday, April 16, 2018

Facts vs Beliefs – No Limit At All On What Church Is Required To Teach Or Not Teach

The LDS Church Corporation is currently involved in many many lawsuits. One such is a RICO case, where the church is being accused of behavior more similar to an organized crime network, like the mafia, than a religious institution. What is RICO? A RICO case refers to charges brought under the Racketeer Influenced and Corrupt …

“A man came to get his temple recommend signed. I questioned him in the usual way and asked, among other things, whether he was paying an honest tithing. He candidly replied that he was not, that he could not afford to because of his many debts. I felt impressed to tell him that he would not pay his debts until he paid his tithing.” - Gordon B. Hinckley, LDS Apostle in First Presidency, April 1982 | wasmormon.org
“A man came to get his temple recommend signed. I questioned him in the usual way and asked, among other things, whether he was paying an honest tithing. He candidly replied that he was not, that he could not afford to because of his many debts. I felt impressed to tell him that he would not pay his debts until he paid his tithing.” - Gordon B. Hinckley, LDS Apostle in First Presidency, April 1982
“When we’re desperate to have more money, we eagerly follow the Lord’s law of finances—which is, of course, tithing! When his bishop commented on the large amount of tithing poor young George was paying, George said something like: “Oh bishop, I’m not paying tithing on what I make. I’m paying tithing on what I want to make.” And the very next year George earned exactly the amount of money he had paid tithing on the year before!” - Wendy Watson Nelson Worldwide Devotional for Young Adults, January 10, 2016 | wasmormon.org
“When we’re desperate to have more money, we eagerly follow the Lord’s law of finances—which is, of course, tithing! When his bishop commented on the large amount of tithing poor young George was paying, George said something like: “Oh bishop, I’m not paying tithing on what I make. I’m paying tithing on what I want to make.” And the very next year George earned exactly the amount of money he had paid tithing on the year before!” - Wendy Watson Nelson Worldwide Devotional for Young Adults, January 10, 2016
“The scriptures contain many evidences of the Lord’s willingness to prosper his people with the riches of the earth... We have the Lord’s assurance that he will bless and prosper his people if they will keep his commandments and remember to look to him as the source of their blessings... As we succeed, we have the sure promise of the Lord that he will prosper us in every way necessary for our well-being.” - Dean L. Larsen, LDS Presidency of the Seventy, October 1992 | wasmormon.org
“The scriptures contain many evidences of the Lord’s willingness to prosper his people with the riches of the earth... We have the Lord’s assurance that he will bless and prosper his people if they will keep his commandments and remember to look to him as the source of their blessings... As we succeed, we have the sure promise of the Lord that he will prosper us in every way necessary for our well-being.” - Dean L. Larsen, LDS Presidency of the Seventy, October 1992
No bishop, no missionary should ever hesitate or lack the faith to teach the law of tithing to the poor. The sentiment of “They can’t afford to” needs to be replaced with “They can’t afford not to.” - Lynn G. Robbins, LDS Seventy, General Conference April 2005 | wasmormon.org
No bishop, no missionary should ever hesitate or lack the faith to teach the law of tithing to the poor. The sentiment of “They can’t afford to” needs to be replaced with “They can’t afford not to.” - Lynn G. Robbins, LDS Seventy, General Conference April 2005
“There has been laid upon the Church a tremendous responsibility. Tithing is the source of income for the Church to carry forward its mandated activities. The need is always greater than the availability. God help us to be faithful in observing this great principle which comes from him with his marvelous promise.” - Gordon B. Hinckley, LDS Apostle in First Presidency, April 1982 | wasmormon.org
“There has been laid upon the Church a tremendous responsibility. Tithing is the source of income for the Church to carry forward its mandated activities. The need is always greater than the availability. God help us to be faithful in observing this great principle which comes from him with his marvelous promise.” - Gordon B. Hinckley, LDS Apostle in First Presidency, April 1982
“I plead with the Latter-day Saints to live honestly with the Lord in the payment of tithes and offerings... I plead with you who are Church officers to plead with the people for their benefit and blessing to increase their faithfulness in the payment of tithes and offerings.” - Gordon B. Hinckley, LDS Apostle in First Presidency, April 1982 | wasmormon.org
“I plead with the Latter-day Saints to live honestly with the Lord in the payment of tithes and offerings... I plead with you who are Church officers to plead with the people for their benefit and blessing to increase their faithfulness in the payment of tithes and offerings.” - Gordon B. Hinckley, LDS Apostle in First Presidency, April 1982

Email to Sydney Australia Mortdale Stake: Pilot Program – Informed Consent

The members of the Sydney Australia Mortdale Stake received an email informing them the area had been selected for a Pilot Program named Informed Consent. The program announced two objectives: 1) to ensure that converts are fully informed before they commit to baptism, and 2) for all members to have a “short” lesson to make …

How Much is a Modest Living Allowance for Mormon Apostles? How Much Do LDS Church Leaders Get Paid?

Are the top Mormon leaders paid for their callings as General Authorities? Yes! They receive what they call a “living allowance.” In a few instances, church leaders admit this, although they also make repeated statements claiming that there are no paid clergy. Gordon B. Hinckley in a moment of honesty admits that General Authorities are …

“The living allowances given the General Authorities, which are very modest” LDS Church President Gordon B. Hinckley. What does the LDS Church pay its most senior clergy? 2024 Estimate: $178,746 - The Widow's Mite: Employee & GA Compensation, Page 1. American workers made a median wage in 2024 of $59,228 per year - US Bureau of Labor Statistics, 2024 Study. 3x the average is not “very modest” | wasmormon.org
“The living allowances given the General Authorities, which are very modest” LDS Church President Gordon B. Hinckley. What does the LDS Church pay its most senior clergy? 2024 Estimate: $178,746 - The Widow's Mite: Employee & GA Compensation, Page 1. American workers made a median wage in 2024 of $59,228 per year - US Bureau of Labor Statistics, 2024 Study. 3x the average is not “very modest”.
“I wish to give the entire Church the assurance that tithing funds have not and will not be used to acquire this property. Nor will they be used in developing it for commercial purposes. Funds for this have come and will come from those commercial entities owned by the Church. These resources, together with the earnings of invested reserve funds, will accommodate this program.” - President Gordon B. Hinckley | General Conference April 2003 | wasmormon.org
“I wish to give the entire Church the assurance that tithing funds have not and will not be used to acquire this property. Nor will they be used in developing it for commercial purposes. Funds for this have come and will come from those commercial entities owned by the Church. These resources, together with the earnings of invested reserve funds, will accommodate this program.” - President Gordon B. Hinckley | General Conference April 2003
During my employment at Ensign Peak Advisors, senior leadership and other employees referred to and revered all funds as “tithing” money, regardless of whether they were referring to principal or earnings on that principal. Tithing donations from the Church’s members were commingled with earnings. Every penny was referred to as the “widow’s mite.” - David Nielsen, former Senior Portfolio Manager, Ensign Peak Advisors, Whistleblower | wasmormon.org
During my employment at Ensign Peak Advisors, senior leadership and other employees referred to and revered all funds as “tithing” money, regardless of whether they were referring to principal or earnings on that principal. Tithing donations from the Church’s members were commingled with earnings. Every penny was referred to as the “widow’s mite.” - David Nielsen, former Senior Portfolio Manager, Ensign Peak Advisors, Whistleblower

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 …

Do General Authorities get paid? "General Authorities are given a living allowance which enables them to focus all of their time on serving in the Church. The living allowance is uniform for all General Authorities. None of the funds for this living allowance come from the tithing of Church members, but instead from proceeds of the Church's financial investments." - LDS Church Website FAQ | faq.churchofjesuschrist.org | wasmormon.org
Do General Authorities get paid? "General Authorities are given a living allowance which enables them to focus all of their time on serving in the Church. The living allowance is uniform for all General Authorities. None of the funds for this living allowance come from the tithing of Church members, but instead from proceeds of the Church's financial investments." - LDS Church Website FAQ | faq.churchofjesuschrist.org
"In the Church of Jesus Christ of Latter-day Saints there is no paid ministry, no professional clergy, as is common in other churches." - Boyd K. Packer, Follow the Brethren, September 1979 Liahona
"In the Church of Jesus Christ of Latter-day Saints there is no paid ministry, no professional clergy, as is common in other churches." - Boyd K. Packer, Follow the Brethren, September 1979 Liahona

Nothing to Hide?

President Gordon B. Hinckley, top leader of the Church (1995-2008) addresses several issues related to the church’s history and practices in an interview on Christmas Day in 2005. The interview covered many topics but here we’ll look closely at what he said about polygamy and fundamentalist Mormons and church history and transparency. Polygamy and Fundamentalist …

“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