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 …

Mixing Tithing Funds and Investments Maybe Legal But Doesn’t Mean Its Right

James Huntsman filed a lawsuit in 2021 against the church claiming that he was duped into believing that his tithing contributions were going to charitable work, while in fact, they are used to pad the coffers of the church investment accounts. He filed the fraud complaint against the church and states that “this is not …

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 …

Dallin Oaks Lectures Senate Committee regarding Honesty

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 …

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: …

Gordon B. Hinckley Interview Transcript– ZDF German Television

Salt Lake City, Utah January 29, 2002 Conducted by Helmut Nemetschek at 47 East South Temple, Prior To And In Preparation For, The “Mormon Winter Olympics” TRANSCRIPT REPORTER: President Hinckley, what are your expectations, your desires, your wishes, for the Olympic Games here in Salt Lake City? HINCKLEY: Well, I expect great things in the …

The Tithing … Ellipsis

Punctuation Lesson An ellipsis (…) is used to omit unnecessary detail from a quote. It usually indicates an intentional omission of a word, sentence, or whole section from a text without altering its original meaning. (It also functions to indicate that the speaker has trailed off and left a sentence or thought unfinished. Like here… …